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The Minister of Industry chairs the “Small and Medium Enterprises Development” meeting

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Mr. Abdullah bin Adel Fakhro, Minister of Industry and Trade and Chairman of the Small and Medium Enterprises Development Council, chaired the twenty-fifth meeting of the Council, which was held at the Ministry’s headquarters, in the presence of representatives of member agencies.

The Council began the meeting by expressing deep thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa, King of the country, may God protect and preserve him, for the care and attention he gives to the industrial and commercial sector in the Kingdom of Bahrain, praising the contents of His Majesty’s speech when he received, may God support him, at Sakhir Palace a number of members of the honorable royal family, His Majesty’s advisors, a number of ministers and businessmen, and a number of people. Governorates and achievers from the Ministry of Industry and Trade.

In this regard, the Council highly appreciated the inspiring visions contained in the royal speech, which motivate the Council to continue its efforts and develop more specific initiatives to raise the efficiency of the small and medium enterprises sector and ensure its sustainability in a way that enhances its competitiveness at all levels.

During the meeting, the Minister of Industry and Trade, Chairman of the Small and Medium Enterprises Development Council, stressed the vital role played by small and medium enterprises in supporting the national economy and promoting the process of sustainable development in the Kingdom of Bahrain, expressing his appreciation for the constructive cooperation efforts made by members of the Council.

The Council also discussed a number of strategic plans and projects, where a presentation was made on restructuring future initiatives of the Council’s executive plan, with the aim of enhancing implementation efficiency and expanding cooperation opportunities for entrepreneurs in a way that suits the requirements of the local and regional market, in addition to discussing the latest developments in the National Fund for Small and Medium Enterprises Growth, which works in accordance with the provisions of Islamic Sharia to support small and medium enterprises and empower them financially.

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