In an aim to enhance communication between the Ministry of Industry and Commerce and the private sector, H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce met with a number of entrepreneurs in an open discussion organized by the business incubator "The Collective Hub" in Yateem Center, the incubator is specialized in gathering start-ups, creators and investors under one roof, in order to identify the most important pillars of the entrepreneurship environment in Bahrain.
This gathering reflects the Ministry's commitment to keep close communication with the business community and develop policies to enhance the development of SMEs and boost their business, by promoting local products, provide employment, and easing export.
The Minister listened to the experiences of entrepreneurs and owners of institutions and reviewed the developments of their business, in addition to identifying the most important challenges they face, in an effort to facilitate and simplify procedures and find appropriate solutions in coordination with relevant authorities. H.E. praised the growth of SMEs in Bahrain, noting that the Ministry spares no effort enhance and support this sector.
The discussion was led by Mr. Suhail Algosaibi, Chairman of Tenmou Company, amidst enthusiastic interaction from attendees, who appreciated the opportunity to communicate with decision makers to convey their views and suggestions to enhance the business environment in Bahrain. Moreover, the Minister affirmed his aspiration to continue to hold these meetings periodically in an aim to develop the entrepreneurship sector and small and medium enterprises.