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08-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, affirmed welcoming investments that contribute to raising economic growth rates in light of the facilities it provides to enhance Bahrain's investment position.

This came during His Excellency's visit to the Fives Services Gulf in the industrial area in Askar, in the presence French Ambassador Mr. Jerome Cochard, company CEO of Bahrain branch Mr. Fredic Jekyll, General Manager of the Aluminum Department Mr. Sebastien Joget, and Mr. Hassan Al-Majed, Sales Executive Director.

During the visit, the Minister listened to a detailed explanation of the work mechanisms of the factory, which was established in Bahrain in 2003, and is a subsidiary of the Fives French group, which provides processing equipment and production lines to major factories around the world, as well as services to the Middle East in industries like aluminum, steel, cement, and machinery from its headquarters in Bahrain, which Bahrain covers an area of 3,800 square meters and includes offices, workshop and warehouse. Five Services also has two more gulf branches, one in Saudi Arabia and one in the UAE.

07-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, received in his office Bahraini businessman Fawzi Ahmed Kanoo, where they reviewed developments in the economic and commercial sector in the Kingdom of Bahrain.

In this context, HE the Minister stressed that the distinguished partnership between the public sector and the private sector is a key factor in the renaissance and growth of the national economy.

The Minister explained that the Ministry of Industry and Commerce seeks to provide more facilities and support to local institutions to upgrade them and their services, which in turn will contribute to increasing investments, whether local or international, which will ultimately increase the prosperity of the national economy in general​

06-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, visited Bahrain Bourse, in the presence of Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse, and members of the executive management, where he was briefed on the departments of Bahrain Bourse and Bahrain Clear Company and the tasks assigned to each department.

The Minister also met with a number of trainees of the Capital Markets Vocational Training Program, which is one of the awareness programs organized by Bahrain Bourse for the third consecutive year with the aim of providing Bahraini graduates with practical experience in the capital markets sector.

In the same context, the Minister elaborated on the most important services provided by the Ministry of Industry and Commerce to the trainees, affirming the Ministry's support for all national cadres. Noting that such ambitious programs contribute to achieving the Kingdom's development goals, and developing the capital markets, pointing out the importance of benefiting from the provided practical training opportunities and programs, which contribute to raising skills, refining expertise and developing national youth's practical and productive capabilities in an incubating environment for research, development and innovation.

For their part, members of the third batch of trainees of the Capital Markets Vocational Training Program expressed their thanks and appreciation to His Excellency for his support and encouragement for developing services for the public and private sectors in the Kingdom of Bahrain. 

05-06-2023

H.E. Minister of Industry and Commerce Abdulla bin Adel Fakhro met with H.E. Dr. Raja Al Marzouqi, newly appointed General Coordinator for Negotiations and Head of the negotiating team of the GCC, where H.E. congratulated him on his new position and the confidence granted to him by the Ministerial Council, wishing him success in his new post.

During the meeting, the Minister stressed the pivotal role of the negotiating teams to prepare the suitable grounds to advance the unified Gulf economic work to draw global strategic partnerships and international economic groups, which contributes to advancing the process of economic integration through joint plans and programs among GCC countries.

The meeting also reviewed a number of topics related to the negotiating file, negotiating teams and a number of topics of common interest, and was attended by Undersecretary of the Ministry of Industry and Commerce H.E.  Eman Ahmed Al Doseri, and a number of officials from both sides.

04-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, received in his office H.E. MP Ahmed Al-Salloum, Chairman of the Bahrain SMEs Development Society and a number of society members, to discuss issues related to the SMEs sector in Bahrain.

Minister Fakhro affirmed the Ministry's support for the SMEs sector, which is witnessing a remarkable growth thanks to the government's aid and support.  

For his part, H.E. Al-Salloum, affirmed that the concerted strategic efforts of relevant authorities to support SMEs contributed significantly to the growth and prosperity of this sector. Hailing all government efforts in this regard.

04-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, received businessman Yousif Salahuddin in his office, where they reviewed the latest developments in the economic and commercial sector Bahrain.

H.E. the Minister hailed the efforts of the private sector in developing the national economy, praising the partnership between the private sector and the government, in terms of implementing valuable economic and development projects, as well as attracting more projects to diversify and grow the economy.​

04-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, stressed the vital role of banking sector institutions in advancing economic development, and the advanced positive results they provide that directly contribute to activating the investment movement in this sector.

This came during a meeting with Citibank Group CEO Michel Sawaya, where they discussed a number of topics related to economic affairs and banking in the Kingdom of Bahrain.

The Minister hailed Bahrain's banking and finance sector, pointing out its effective role in attracting foreign investments and localizing them in Bahrain.

01-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, praised the initiatives of the Bahraini private sector and its continuous contributions to strengthening the national economy.

This came during a meeting between H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Mr. Hassan Kaiksow, CEO of Uco Engineering Company, a subsidiary of BAK Group, where they reviewed the developments of the industrial and commercial sector in Bahrain.

The Minister noted that the ministry is working continuously with concerned authorities to provide more facilities to ensure the flow of local and foreign investments in the Kingdom, praising the cooperation between the public and private sectors, in terms of implementing valuable economic and commercial projects.