The Joint Economic Committee between the Ministry of Industry and Commerce and the Bahrain Chamber of Commerce and Industry (BCCI) convened for its 52nd meeting at the Ministry's headquarters. The meeting was chaired by HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and HE Mr. Nabeel Khalid Kanoo, Chairman of the BCCI Board of Directors, with participation from officials of both entities.
According to Ministry of Industry and Commerce - Bahrain, the Minister welcomed HE Mr. Kanoo and the BCCI Board members, acknowledging the pivotal role of the Chamber in bolstering the private sector and enhancing its contribution to Bahrain's economic progress. The Minister underscored the Committee's significance as a crucial platform for fostering communication and cooperation between the public and private sectors, addressing major economic priorities, and identifying opportunities to advance the business environment and the national economy's competitiveness.
Additionally, the Minister emphasized the private sector's vital role as a partner in achieving sustainable economic growth, supporting diversification, and attracting quality investments, in alignment with Bahrain Economic Vision 2030. He also praised the Gulf Gateway Forum 2026's success, highlighting its increasing international importance as a venue that unites investors, decision-makers, and experts, thereby aiding Bahrain's drive to fortify international economic partnerships and lure investments.
HE Mr. Nabeel Khalid Kanoo reiterated the need to enhance the national economy's competitiveness, improve the business environment, and bolster the development of small and medium-sized enterprises (SMEs). He also pointed out the strategic partnership between the Government and the Chamber in crafting initiatives that support the private sector, attract both domestic and foreign investments, boost GDP contributions, and diversify the national economy.
The meeting addressed the agenda and followed up on the execution of topics and recommendations from prior meetings, reaffirming the commitment of both parties to ongoing cooperation and coordination.