HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, visited Al Helli branch in Hamad Town and Danube in Al Liwan, as part of the continuous efforts to ensure the availability of goods and stability of their prices to meet consumer needs in local market in Ramadan.

During the visit, the Minister ensured the availability of various quantities of all types of foodstuffs, in addition to available promotional offers, especially on high demand commodities during the holy month, praising the markets’ efforts in providing required goods in preparation for Ramadan, and affirming that the Ministry of Industry and Commerce is continuously following the market movement in coordination with relevant authorities.

As part of his visit to the Kingdom of Bahrain, H.E. Mr. Togmidyn Dorjkhand, Deputy Prime Minister of Mongolia, and his accompanying delegation met with HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, where they reviewed bilateral relations.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, stressed the Commitment of the Kingdom of Bahrain under the leadership of His Majesty King Hamad bin Isa Al Khalifa, and the directions of the government headed by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, to enhance international cooperation in all fields, especially commerce, industry and investment.

His Excellency the Minister reviewed the advantages and potentials of the investment environment in the Kingdom of Bahrain and the great facilities provided by the government to investors from all over the world, making it a favorable destination for many international projects and investments.

Dr. Khaled Fahad Al Alawi, Assistant Undersecretary for Industrial Development at the Ministry of Industry and Commerce, showed the most prominent statistics of Bahrain International Investment Zone and the advantages and incentives it offers as a model area for investors, in addition to the initiatives and possibilities offered by the Kingdom of Bahrain in general for industrial investment. In his presentation, Al Alawi also referred to the developments of infrastructure projects in general in industrial areas included in the Industrial Sector Strategy (2022-2026), and expansion and development plans to enhance the Kingdom's investment position as a destination for major projects that contribute to creating promising job opportunities for citizens and achieve economic development.

 Deputy Prime Minister of Mongolia, Mr. Togmidyn Dorjkhand, and his accompanying delegation accompanied by Minister Fakhro also visited the Bahrain International Investment Zone at Salman Industrial City in Al-Hidd.

In the presence of H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, JBF Bahrain factory in Salman Industrial Zone, which specializes in the manufacture of plastic wrap and biaxial oriented polyethylene terephthalate (BoPET) film products, held a celebration on the occasion of its 10th anniversary, to honor a number of entities that contributed to its success, including the Ministry of Industry and Commerce.

During the ceremony, the Minister of Industry and Commerce emphasized the vitality of the industrial sector and affirmed the commitment to support it as it greatly contributes to the Kingdom of Bahrain’s development process and provides valuable opportunities for citizens.

His Excellency also toured the factory and was briefed on the work progress and mechanism, as well as the stages of manufacturing and production, and reviewed the factory's variety of products and scope of work.

Notably, the factory earned the ISO certificate for quality and the green factory label in the Kingdom of Bahrain, which reflects its commitment to quality and sustainability.

JBF originates from Belgium and has chosen to settle in the Kingdom of Bahrain for its strategic location that facilitates access to global markets, and it continues to function from Bahrain and export to various locations, including Europe, the Americas, Southeast Asia and the MENA region, and offers innovative solutions that meet diverse market needs, reinforcing its role as a major contributor to the national economy.

The twenty-third meeting of the Small and Medium Enterprises Development Board was held under the chairmanship of H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and in the presence of representatives of member entities, on Tuesday 18^th February 2025 via video conference.

At the beginning of the meeting, the Ministry of Industry and Commerce reviewed the recommendations of the twenty-second meeting, in addition to the latest developments and key performance indicators of the Board until the end of 2024.

The Labour Fund "Tamkeen" gave a presentation on the latest developments in the SMEs Development Board strategy roadmap, in addition to presenting a questionnaire addressed to the private sector in the Kingdom of Bahrain in joint cooperation between Tamkeen, the World Bank and Ipsos, which aims to bridge knowledge gaps in the labor market and analyze the drivers of the private sector, and the obstacles that prevent growth, job creation, innovation and sustainability, to provide appropriate solutions and improve the business environment.

The Tender Board also presented a report on supporting initiatives and ways to enhance SME access to government tenders, and discussed future plans to address any challenges.

Al Amal Fund then gave a visual presentation, highlighting ways to enhance investment in the incubators and accelerators sector according to the best international practices.

Export Bahrain reviewed the latest statistics, achievements and solutions available in the field of export.

At the end of the meeting, HE Minister Fakhro praised the achievements of the Council, stressing the need to continue efforts to enhance cooperation between the concerned authorities to support the SMEs and entrepreneurship sector, in a way that strengthens the foundations of this sector and contributes to its development in order to build the national economy.

HE Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce stressed the importance of cooperation between the public and private sectors in advancing economic development, noting the private sector’s prominent contributions in supporting various industries in the country, enhancing the GDP, and expanding investment and export opportunities.

This came during the official inauguration of NEO Chemical Factory in Hidd Industrial Area, where His Excellency was received by Mr. Saud Kanoo, Chairman of the Board of Directors, and a number of officials. 

His Excellency toured the factory and was briefed on the factory's sustainable practices and future plans. Where he praised the company’s efforts in strengthening the link between the Kingdom of Bahrain and regional and international markets, wishing the factory team success in achieving goals and aspirations.

NEO Chemical Factory is one of the companies specialized in the production of concrete additives, concrete restoration and protection, specialized mortar, waterproofing, plaster, tile adhesives and separator filling materials, floor solutions, and concrete bases.

The Joint Economic Committee between the Ministry of Industry and Commerce and the Bahrain Chamber of Commerce and Industry held its forty-sixth meeting at the Ministry’s headquarters in Bahrain Financial Harbor. The Ministry of Industry and Commerce was chaired by H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and the BCCI was chaired by BCCI Chairman H.E. Mr. Sameer bin Abdullah Nass, in the presence of a number of officials and members of the Joint Committee from both sides.

During the meeting, the Minister of Industry and Commerce stressed the importance of strengthening cooperation between the Ministry of Industry and Commerce and the BCCI, noting that these meetings represent an ideal platform for exchanging ideas and visions on current economic issues. His Excellency also pointed to the BCCI’s pivotal role in supporting and developing the business environment, leading to the achievement of sustainable development goals.

The Minister added that the Ministry is working to implement effective initiatives to improve investment and enhance Bahraini products’ competitiveness, stressing the government's commitment to supporting investors and local entrepreneurs.

For his part, Nass affirmed that the Chamber prioritizes enhancing the business environment and boosting economic competitiveness, noting that this meeting represents a milestone in the coordination process between the public and private sectors, which reflects Bahrain's commitment to providing a flexible and dynamic economic environment. Adding that these meetings consolidate the effective partnership between the Chamber and the government, to develop a stimulating and attractive business environment for local and foreign investments, which contributes to diversifying sources of national income.

The BCCI Chairman noted the Chamber’s continuous efforts to attract investments and provide practical solutions to challenges facing entrepreneurs. Affirming it commitment to strengthening the effective partnership with the government and launching initiatives that support Bahrain's regional and international competitiveness.

 HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, received in his office this morning, HE Ayşe Hilal Sayan Koytak, Ambassador of Türkiye to Bahrain.

The minister affirmed that the depth of bilateral relations between the Kingdom of Bahrain and the Republic of Türkiye widens aspects of cooperation in the fields of industry and commerce. As both sides seek to strengthen strategic partnerships and increase investments.

The meeting also discussed a number of joint initiatives and projects that will enhance trade exchange and increase cooperation in vital sectors, and the importance of leveraging possibilities to promote mutual investments.

For her part, the Ambassador expressed her sincere appreciation to the Minister of Industry and Commerce, and praised the efforts of the Kingdom of Bahrain towards consolidating bilateral relations, looking forward to expanding cooperation in various fields.

HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, met with HE Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates on the sidelines of his official visit to the kingdom of Bahrain

At the beginning of the meeting, the Minister affirmed the depth of bilateral relations between the Kingdom of Bahrain and Egypt, noting the importance of enhancing the prospects of cooperation and joint work in various sectors, including strengthening joint work in the economic sectors and the exchange of experiences and expertise in the industrial and commercial fields, emerging from the common keenness to strengthen bilateral cooperation to serve the interests of both countries and achieve mutual aspirations.

Minister Fakhro highlighted the most prominent features of the promising economic and investment environment in the Kingdom of Bahrain, listing a number of the most prominent local and international strategic projects, and pointing to the facilities provided by the government to investors from all over the world, which had a profound impact on attracting qualitative investments and diversified projects to the Kingdom of Bahrain.