Bahrain’s growing reputation for being business-friendly has received a boost from the United Nations, which has chosen the Gulf kingdom to host the 2019 Global Entrepreneurship Congress.
For the annual event, delegates from more than 150 countries will descend on Bahrain to discuss how the next generation of entrepreneurs can be helped to start and grow their businesses.
A key part of Bahrain’s entrepreneurial image is the work of Tamkeen, a longstanding MSB client and a semi-autonomous government body charged with helping the country’s private sector to flourish and drive sustainable development.
So far Tamkeen’s programmes – which support businesses and jobseekers – have helped 140,000 individuals and enterprises. As a result, Bahraini SMEs now employ almost 3 in 4 private sector employees and contribute almost a third of its GDP.
Dr Ebrahim Janahi, CEO of Tamkeen, welcomed the UN’s announcement, saying “With our history of proactively developing and enacting programs designed to empower Bahrainis and new enterprises, Tamkeen is perfectly placed to host this event. The conference will bring together Bahrain’s best and brightest business minds to provide a platform for thought leadership and greater cooperation between Bahrain and its international partners.”
MSB has also worked with Bahrain’s Economic Development Board, whose CEO Khalid Al Rumaihi described the prospect of hosting the 2019 Global Entrepreneurship Congress as “an honour and privilege” and an opportunity to position Bahrain as “an ideal gateway to the $1.6 trillion Gulf market.”
To learn more about MSB’s work in the Gulf, please visit the Gulf page on our website.