Tamkeen supports wage increment of over 150 Bahraini employees at Midal Cables Company

TDT | Manama

The Daily Tribune - www.newsofbahrain.com

Tamkeen has announced support of the career development of over 150 Bahraini employees at Midal Cables Company. This support comes through the Wage Increment Program, which covers up to 20% of the salary increases for employees for two years. Midal Cables is one of the leading Bahraini companies in the aluminum manufacturing industry, with 47 years of experience in producing rods, wires, and electrical cables for transmitting electricity worldwide.

The company exports its products to more than 60 countries, including the United States and Europe. On this occasion, Maha Abdulhameed Mofeez, Tamkeen Chief Executive, expressed her pleasure at this fruitful collaboration and praised, saying: “This support will encourage local talents to strive for excellence and work diligently to advance the growing manufacturing sector in the Kingdom.

The manufacturing sector contributed 13% to the GDP in 2023, making it the second largest contributor to the national economy after the financial services and insurance sector. “ In addition, the Group Chief Executive of Midal Cables Khaled Abdul Latif added “We look forward to promoting our employees in the upcoming period by benefiting from Tamkeen’s career development support programs. This will lead to increased employee loyalty and productivity, which will positively impact the company’s revenues and output in the long term”.