Manama:The Ministry of Industry and Commerce has signed a letter of intent with AMG Middle East W.L.L. during the Gateway Gulf forum. This event took place on November 1 and 2, 2026, at the Four Seasons Hotel Bahrain Bay and was organized by the Bahrain Economic Development Board under the theme "Reimagining Global Partnerships, Powering Sustainable Growth."
According to Bahrain News Agency, the letter of intent was signed by Abdullah bin Adel Fakhro, Minister of Industry and Commerce, and Meher Doghri, Head of Middle East Operations at AMG Critical Materials N.V. The agreement details plans for AMG Middle East W.L.L. to establish a base metal concentration plant in Bahrain, aimed at extracting vanadium concentrate from refinery residues.
This initiative marks a significant step in advancing Bahrain's industrial development and attracting investment to enhance the growth and diversification of its manufacturing sector. The Kingdom of Bahrain continues to bolster its industrial sector and enhance its status as a competitive hub for industrial investment by fostering partnerships with international firms and initiating new industrial endeavors.