
Bahrain sets up new SMEs support centre
Manama, December 31, 2012
The Bahrain Chamber of Commerce and Industry (BCCI) has established a development and support centre for small and medium enterprises (SME) amid the growing importance for the sector.
The new centre will start operating on Wednesday on the ground floor of Bait Al Tijjar in Sanabis, reported the Gulf Daily News, our sister publication.
"The aim of the centre is capacity building of entrepreneurs and SMEs to increase their productivity and competitiveness and play an integral role in the economic development of the kingdom," said BCCI acting chief executive Othman Sharif Al Rayes.
"Supported by the Industry and Commerce Ministry, Unido, Bahrain Development Bank and Family Bank, the centre will deliver financial and non-financial services related to the new enterprise creation and growth," he stated.
"Through national, regional and international partnerships and networking, the centre plans to provide members with consultancy and advisory services, information on markets, laws and regulations," he added.-TradeArabia News Service
More Finance & Capital Market Stories
- Oman 'must consider fiscal reforms as priority'
- Qatar Exchange to start trading govt bonds
- NBK opens new branch in UAE
- Dubai utility repays $871m Islamic bond
- Investcorp buys stake in Saudi energy firm
- Tunisia to spend over $1bn to recapitalise banks
- UAE revives proposal to merge stock exchanges
- Saudi non oil exports hit $4.74bn in April
- Global Takaful market to hit $20bn
- NBAD launches new Dubai branch








