THMC recognises Bahrain’s top entrepreneurs at annual awards ceremony
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Report by Ashen Tharaka
Entrepreneurship was hailed as the cornerstone of Bahrain’s economic development and prosperity by Industry and Commerce Minister HE Abdullah bin Adel Fakhro at the Thattai Hindu Merchants Community (THMC) awards night held at the Sofitel Bahrain Zallaq Thalassa Sea & Spa.
Under the patronage of Bahrain's Crown Prince and Prime Minister His Royal Highness Prince Salman bin Hamad Al Khalifa, who is also SMEs Development Board Chairman, the winners of the Entrepreneurship Award 2024 were honoured.
The ceremony was organised by the THMC in the presence of ministers, senior officials, guests, and THMC president Mukesh Kavalani.
Royal support
In his speech, Fakhro emphasised the support of HRH Prince Salman for providing an attractive environment for innovative ideas and transforming them into projects that contribute to enhancing economic development.
He said that entrepreneurship was the basis of economic development and prosperity in Bahrain, adding that celebrating the achievements of distinguished entrepreneurs demonstrates a steadfast commitment to supporting and enhancing a conducive environment to enable emerging companies to develop.
Team Bahrain is actively engaged in enhancing the entrepreneurial ecosystem within the kingdom through institutions that support entrepreneurship by adopting innovative initiatives within the framework of the SMEs Development Board, the minister said.
Commitment
He affirmed Bahrain’s commitment to promoting a culture of entrepreneurship and creating an encouraging environment for businesses by providing supportive programmes and advanced infrastructure.
“Bahrain is a prime example of how entrepreneurship will propel us towards achieving our 2030 economic goals,” Kavalani told The Daily Tribune. ”Our journey doesn’t end here; this will lead to continuous progress and sustainable growth.”
The award’s categories cover women in the fields of science, technology, engineering, and mathematics; the best startup company; the entrepreneur of the year; and the best innovation and technology business of the year.
H.E. Abdullah bin Adel Fakhro
Mukesh Kavalani
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