HE Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce received this morning in his office the Honorary Consul of the Kingdom of Belgium to the Kingdom of Bahrain, Mrs. Martina Kindt.

The Minister praised the Belgian Consulate’s efforts and its role in strengthening joint economic relations between Bahrain and Belgium. The meeting reviewed the most prominent features of the economic environment in the Kingdom of Bahrain, promising investment opportunities in various sectors, and easy procedures to attract local and global investments, stressing the impact of official visits in enhancing joint economic, trade and industrial cooperation.
 

H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce stressed the depth of historical economic relations between the Kingdom of Bahrain and the Republic of India, noting the great role played by active diplomacy in consolidating cooperation between the two countries, especially in the economic field.

This came during a meeting between the Minister of Industry and Commerce, and H.E. Mr. Vinod K. Jacob, Ambassador of the Republic of India to the Kingdom of Bahrain, where they discussed a number of topics of common interest, referring to decades old joint projects and economic agreements between the private sector poles in both countries.

For his part, the Indian Ambassador expressed his deep thanks to the Kingdom of Bahrain in general and the Ministry of Industry and Commerce in particular for all its efforts in consolidating joint relations to serve common interests.

The Inspection Directorate at the Ministry of Industry and Commerce, in cooperation with the Ministry of Interior, announced the seizure of counterfeit engine oil products sale without a license, the products were found to carry fake data and fake trademarks of original companies.

The administration indicated that the efforts made by the inspection team resulted in the disclosure of the presence of engine oil products bearing non-original trademarks for multiple companies, and the vehicle, which was carrying 96 boxes of 4 liters of these products, was monitored and confiscated, and the violator was referred to the Public Prosecution with all necessary documents, reports and examinations.

The inspection directorate clarified that the products were subjected to examination in approved laboratories, where the analysis report confirmed that they did not match the specifications of the original brand and were classified as non-originals.

The Ministry of Industry and Commerce affirmed the commitment to continue control campaigns to follow up on goods and prices, combat commercial fraud, and complete the application of regulatory procedures against violators.

The ministry bids reporting any commercial fraud practices or other violations, through the communication channels available to the inspection directorate through email: Inspection@moic.gov.bh, Or via WhatsApp on the number: 17111225, or through the National System for Suggestions and Complaints “Tawasul”

Notably, Law No. (12) of 2018 on the unified system for combating commercial fraud for the GCC states penalties up to three years in prison, and fines up to one hundred thousand dinars, or one of the two, in addition to defamation of violators at their own expense. The penalties also include violations of conducting commercial activities without a license in accordance with Law No. (27) of 2015 on the Commercial Registers.

HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, praised the positive initiatives taken by leading international companies to enhance economic activity and expand their circle of investment, in addition to diversifying the options for consumers from various global sources, highlighting the esteemed government's support for enhancing Bahrain's economic position and consolidating the Kingdom’s good reputation in this aspect.

This came during the official opening ceremony of Defacto at Seef Mall, where the Minister was welcomed by Nad founder and CEO Mr. Nabeel Dabwan and ‏Seef Properties Chief Executive Officer Ahmed Yusuf.

The Minister toured the first branch of DeFacto stores, which specializes in fashion, accessories, shoes and home clothes that suit everyone, and provides a modern and smart shopping experience in Bahrain.

Located on a total area of 1,500 square meters, DeFacto offers a wide range of men's, women's and children's fashion through sub-brands such as DeFacto Baby, Defacto Cool, Defacto Fit. It is the latest fashion store for Nad Group, which includes a wide range of restaurants and retail stores.

H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce and Rt Hon Douglas Alexander MP, Minister for Trade Policy and Economic Security, discussed bilateral investment cooperation and new opportunities to expand the existing partnership to serve mutual strategic and development visions.

The Minister of Industry and Commerce stressed that the United Kingdom is a major global investment partner, and that economic relations are witnessing steady growth towards achieving common strategic visions. He also pointed to the importance of the free trade agreement between the GCC countries and the United Kingdom, which will constitute an important and historic turning point in the well-established trade and investment relations between the two sides.

The meeting discussed a number of issues of common interest, and reviewed ways to support the development and increase the volume of bilateral investments. HE the Minister affirmed the keenness of the Kingdom of Bahrain to enhance aspects of bilateral cooperation with the United Kingdom in all fields, especially economy. He also pointed to the vital role that the private sector can play in both countries, which can contribute significantly to achieving common goals.

H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce received at his office this morning Ambassador of the Arab Republic of Egypt to the Kingdom of Bahrain Reham Abdulhamid Mahmoud.

The Minister welcomed the Egyptian ambassador and affirmed the keenness to strengthen the course of relations and distinguished partnership with the Arab Republic of Egypt to serve common interests, noting the need to advance cooperation in various fields, especially those related to the development of the industrial, commercial and economic sectors.

His Excellency Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, met with the sixth batch of the national leadership program "HIPO-YOUTH", organized by the Ministry of Youth Affairs in coordination with the Institute of Public Administration, in the presence of Her Excellency Dr. Shaikha Rana bint Isa bin Duaij Al Khalifa, and Ms. Eman Ahmed Al Doseri, Undersecretary of the Ministry of Industry and Commerce.

The Minister welcomed the program's members, noting the impact of "Hibo Youth" in enriching the experience of Bahraini youth, enabling them to learn about administrative aspects in various sectors, and providing them with science and knowledge, which contributes to refining their skills and enhancing their competitiveness.

His Excellency also discussed his own experience in the administrative and leadership field, reviewing the most prominent leadership practices and successes, especially in the field of government work.

For her part, H.E. Dr. Shaikha Rana bint Isa bin Duaij Al Khalifa, Director General of the Institute of Public Administration, explained that the outstanding national outputs of “Hipo Youth” over the past years reflect the importance of training programs in developing leadership skills, which contributes to accelerating the pace of development in the Kingdom, affirming the constant support  the Institute of Public Administration to plans and programs that support young people and providing the appropriate environment to hone their skills and emerge with outputs that enhancing their active participation in various sectors.

Her Excellency Dr. Shaikha Rana Al Khalifa praised the keenness of the Minister of Industry and Commerce to transfer his administrative and leadership experience, thus widening horizons for young people by employing successful administrative experiences and practices to come up with new and innovative initiatives and projects that serve the requirements of the current stage and future ambitions.

"Hipo Youth" is an advanced youth leadership program that aims to refine the capabilities of Bahraini youth to achieve the Kingdom of Bahrain’s ambitions and aspirations, through a strategic partnership between the Ministry of Youth Affairs and the Institute of Public Administration. The program targets ambitious accomplished young people between the ages of 18 to 27 years old.

Her Excellency Ms. Eman Ahmed Al Doseri, Undersecretary of the Ministry of Industry and Commerce, stressed that investing in the development and refinement of the human element is a key pillar in the sustainability of economic development, and that investing in Bahraini youth is an important step towards digital transformation and promoting a sustainable competitive economy, noting in this regard the importance of continuing to adopt qualitative programs that consolidate the position of the Kingdom of Bahrain as a regional platform for technology in the Middle East, by providing the appropriate economic environment for creativity and attracting large and emerging companies.

This came during the closing ceremony of the " e-Commerce Champions " program in its fourth edition, which was held in the presence of the Undersecretary of the Ministry of Industry and Commerce, and Mr. Ahmed Buhazza, Chairman of the Organizing Committee, and a number of officials and participants, at the headquarters of the Bahrain Chamber of Commerce and Industry.

The Undersecretary toured the exhibition on the sidelines of the program and hailed the innovative projects designed by participating youth with the follow up of specialists and experts in this field, Al Doseri praised the program and the team that embraced such ambitious young potential, to help invest their ideas and energies and achieve their ambitions in sustainable entrepreneurship.

For his part, Mr. Ahmed Buhazza, Chairman of the Organizing Committee, praised the role of the Ministry of Industry and Commerce in supporting the e-Commerce Champions Program, noting that the selected nominees showed exceptional innovative skills, and achieved distinguished achievements in various local competitions and programs, highlighting the participants’ great efforts during the past weeks in the Program, to provide young people with the necessary skills to keep up with the rapid economic changes, especially in the fields of e-Commerce, artificial intelligence and fintech, which were the focus of events and workshops.

The program, which has been successful during its past editions, aims to provide Bahraini university students with the tools and skills required by a group of specialists in the field of technology and artificial intelligence to embark through the journey of entrepreneurship after graduating from university.