Tamkeen backs firms at ME oil & gas show
Manama, March 14, 2013
Bahrain's labour fund Tamkeen said it had supported seven local enterprises and businesses at the 'Middle East Oil & Gas Show and Conference' which concluded yesterday through its 'Tarweej' scheme, one of the many business support schemes under its flagship Enterprise Development Support Programme.
The backing is in line with its drive to develop the capabilities of Bahrain’s private sector and enhance their positions within the market, said a statement from Tamkeen.
The event, inaugurated in 1979 and organised by the Society of Petroleum Engineers, became a premiere event for oil and gas products within the Middle East, attracting professionals from different fields within the industry.
The exhibition, which took place between the 11th and 13th of March, served as an excellent platform to showcase the unique products offered by Bahrain-based enterprises.
The “Tarweej” scheme is designed to support the development and sustainability of enterprises in Bahrain by expanding the outreach of their products and services through local, regional, and international exhibitions, said the statement.
All eligible enterprises in the Kingdom can benefit from the scheme, but need to apply one month in advance of the desired event, it stated.
More than 4,500 enterprises in Bahrain have benefited from Tamkeen’s Enterprise Development Support Programme to date, said the company.
In addition to this, Tamkeen has other schemes like 'Istishara' to assist in strategic planning and determining vision and goals of the organisation, 'Techania' to provide support for purchase of latest enterprise-related tools and equipment, 'Jawda' to assist in design and application of quality standards, 'Tasweeq' to provide support in design and implementation of effective marketing and communications strategies, and Large Enterprises Support Scheme which allows large enterprises to acquire industrial machinery and technology, it added.-TradeArabia News Service