Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani received the newly-appointed Jordanian Ambassador to the Kingdom of Bahrain, Rami Wriekat.
The Minister welcomed the ambassador, reviewing the bilateral relations between the Kingdom of Bahrain and Jordan, and ways to enhance cooperation in all field particularly industrial, commercial, tourism and investment as well as discussing common issues.
The minister wished the new ambassador success in her diplomatic mission, pointing to the role that could be played by the private sector in both countries, which can significantly contribute to achieve common goals.
The directorate of Precious Metals & Gem Testing of the Ministry of Industry, Commerce and Tourism participated in the annual event Jewellery Arabia 2017 from 21-25 November at the Bahrain International Exhibition and Convention Centre.
The participation of the Ministry in this year's exhibition is special. For the first time, the Directorate of Precious Metals & Gem Testing will provide an assay and hallmarks field for jewelry and precious metals purchased for consumer and visitors by using non-coalition radiation scanning technology and laser marking for microprocessors. This will enhance consumers’ confidence in the products offered, in addition to monitor all exhibitors and verify their products to comply manufacturing and inspection standards. As well as receive complaints from the visitors and solve them according to legal frameworks.
As part of its continuous efforts to strengthen communication and cooperation between policy makers and the startup community in the Kingdom, C5 Accelerate, in partnership with Tamkeen, hosted His Excellency Zayed R. Alzayani, the Minister of Industry, Commerce and Tourism for a fireside chat with the startup community. The event was entitled C5's Policy Hack. His Excellency discussed the future direction of Bahrain’s economy and the importance of supporting and fostering small and medium enterprises (SME's) to create a diversified private sector of thriving industries.
The minister also touched on the latest regulatory reforms such as, the accelerators and incubator license, and the steps the Kingdom has taken to capitalize on technological innovation, transformation and convergence. The event ended with an open Q&A session with the startup community and networking opportunities.
Hadyah Fathalla, Executive Director of C5 Accelerate, commented: “We are excited to host His Excellency, Zayed R. Alzayani to discuss the MOIC's successes in liberalizing the market, encouraging entrepreneurship, and reducing government's role to a more regulatory one and what his plans are for the future. The government plays an instrumental role in creating the right incentives and, more importantly, encouraging and nurturing a supportive environment conducive to the emergence of a robust and sustainable startup ecosystem. Greater conversations and cooperation between all stakeholders and government is key and this event is part of our plan to create a space to promote healthy dialogue and discourse on policy."
C5 hopes to host similar events in the future to engage a variety of leaders and policy makers to foster open conversation and information exchange and support economic diversification and development. It plans to convene thought leaders and influencers including, government agencies and regulatory bodies.
This event was planned to coincide with the Bahrain Global Entrepreneurship Week's activities organized by Tamkeen from 13th to 20th November. The initiative, which runs in parallel with international events, aims to enhance the entrepreneurial spirit and inspire innovation across all business sectors in line with the Kingdom’s 2030 vision. Global Entrepreneurship Week is organized by Global Entrepreneurship Network and powered by the Ewing Marion Kauffman Foundation.
C5 will launch it’s fourth program in Feb 2018 and will be the first Fintech focused acceleration program in Bahrain. The program is aligned with the governments ambitions to develop Bahrain into a regional Fintech Hub. The Fintech start-ups will have access to specialised mentoring by financial institutions, AWS Solution architects and support in entering the CBB Regulatory FinTech Sandbox to name a few benefits. Applications for C5’s fourth intake are now open. For more information or to apply, please visit http://www.c5cloud10.com/apply-program.php
C5 Accelerate is a London, Washington D.C., and Bahrain based technology investment firm. Its mission is to accelerate best-of-breed start-ups to meet the growth opportunity being created by the geographic expansion of AWS, the world’s leading cloud computing platform.
The Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani received outgoing Turkish Ambassador to the Kingdom Mrs. Hatun Demirer.
On this occasion, the Minister expressed his appreciation efforts made by the Ambassador during his mission, praising all the contributions made by the Embassy in promoting economic cooperation between the Kingdom of Bahrain and Turkey to develop of cooperation between them at various levels.
Under the patronage of H.E. the Minister of Industry, Commerce and Tourism Mr. Zayed R. Alzayani, Ferrari and Maserati Services Exhibition was opened, where the Minister praised these initiatives which reflect to revive trade movement in the Kingdom of Bahrain.
During the opening ceremony, the Minister of Industry stressed that the growth of the national economy and the prosperity movement of commercial and investment activity in the country translate the policies and strategies of the government related to this vital sector. He added that the Government of Bahrain encourages all initiatives aimed to push the national economy and employing more manpower.
The Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani received CEO of Small and Medium Enterprise Development Authority of Egypt Ms. Nivine Gamea, in presence of Ambassador of Egypt to Kingdom of Bahrain, Suha Ibrahim Rifaat and CEO of Bahrain Authority for Tourism and Exhibitions shaikh Khalid bin Hamoud Al Khalifa.
During the meeting, they reviewed bilateral economic relations between the two countries. The minister expressed his appreciation for the cooperation between the economic sectors in both countries, stressing government’s support for all steps and initiatives that would develop and strengthen relations especially in small and medium enterprises sector and tourism, which are witnessing remarkable growth.
In this regard the minister reviewed the potentials of the Kingdom of Bahrain in embracing various economic and tourism activities, calling the private sectors in both countries to benefit from the facilities offered by the Kingdom of Bahrain.
The Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met State to the Minister of Industry, Investment, Trade and Digital Economy, in charge of Foreign Trade Ms. Rkia Derham, in presence of Moroccan Ambassador to the Kingdom of Bahrain Mr. Ahmed Rasheed Khutabi.
During the meeting, they reviewed bilateral relations between Bahrain and Morocco and ways to enhance and develop them to reach common aspiration and objectives set by both leaderships. The minister touched the appropriate investment environment that enjoyed by the kingdom of Bahrain, which make it a preferred destination for many international projects and investments.
The minister also touched the investments environment enjoyed the Kingdom and its embrace many international investment projects especially in light of protective laws and regulations adopted by the Kingdom of Bahrain.
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Assistant Undersecretary of Foreign Trade Ms. Eman Al Doseri met H.E. Senator Ian Gorst, Chief Minister of Jersey and the accompanying delegation in presence of Mr. Mockbul Ali OBE, British Charge D’Affaires to the Kingdom of Bahrain, Assistant Undersecretary of Industrial Development Mr. Abdulkarim Alrashid, Director of Foreign Trade Relations Shaikh Hamad bin Salman Al Khalifa and Director of Tourism Facilities & Services Mr. Hisham Alsaken.
During the meeting, they reviewed and discussed bilateral relation between the two sides especially in the economic aspects. In this context, the ministry gave a presentation on facilitating business in the 21st Century in the Kingdom of Bahrain, in addition to a presentation about tourism development trends and the national strategy to develop tourism in the Kingdom of Bahrain, explaining the orientations of the Bahrain government and its strategies to attract investors and international projects especially in light of friendly investment environment and legislation and regulations that protect investments.