Latest news with #AbdullabinAdelFakhro
Daily Tribune
17 hours ago
- Business
- Daily Tribune
Gateway Unveiled
TDT | Manama Bahrain inaugurated its national pavilion at SPIEF 2025 in the presence of H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce; H.E. Olga Lyubimova, Russia's Minister of Culture and Head of the Russia-Bahrain Intergovernmental Commission; H.E. Ahmed Abdulrahman Al Saati, Bahrain's Ambassador to Russia; and Alexander Stuglev, CEO of Rosscongress. H.E. Fakhro said the Kingdom's presence 'highlights our commitment to building stronger economic bridges and opening new avenues for collaboration,' noting over 190 active Bahrain-Russia business partnerships.
Biz Bahrain
18 hours ago
- Business
- Biz Bahrain
Bahrain Officially Inaugurates Pavilion at St. Petersburg International Economic Forum
The Kingdom of Bahrain inaugurated its pavilion at the St. Petersburg International Economic Forum (SPIEF) 2025, marking a pivotal milestone in strengthening diplomatic and economic ties between Bahrain and Russia. The opening ceremony was attended by distinguished officials, including H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce; H.E. Olga Lyubimova, the Russian Minister of Culture, Head of Russia-Bahrain Intergovernmental Commission; H.E. Ahmed Abdulrahman Al Saati, Bahrain Ambassador to Russia, Alexander Stuglev, Chief Executive Officer of Rosscongress as well as key officials and stakeholders from both nations. The Bahrain Pavilion serves as a hub for networking, engaging with key stakeholders and potential investors, and showcasing Bahrain's vibrant investment environment. It will also showcase Bahrain's rich cultural heritage through dedicated cultural exhibits, emphasising the Kingdom's unique identity and strategic position as a gateway to the Gulf and beyond. H.E. Abdulla bin Adel Fakhro said, 'Bahrain's presence at SPIEF 2025 highlights our commitment to building stronger economic bridges and opening new avenues for collaboration. We are excited to showcase our investment ecosystem and foster meaningful connections with Russian and global stakeholders. With already over 190 active companies in Bahrain with Russian partners, there is a clear indication of the potential opportunities, and we firmly believe this is just the beginning of a prosperous future.' Bahrain's participation as a guest country in SPIEF serves as an opportunity to highlight the Kingdom's strategic investment opportunities across key priority sectors, while simultaneously offering new paths for strategic trade and economic ties. Through the pavilion, Team Bahrain aims to highlight the Kingdom's investor-friendly environment, innovative projects, and strategic initiatives designed to foster sustainable growth. Known for its progressive and dynamic economy, Bahrain offers an open market policy, a strategic location, and diverse sectors that position it as a regional hub, providing access to the GCC's USD 2.2 trillion market.
Daily Tribune
5 days ago
- Business
- Daily Tribune
Ideas drive Ministry change
TDT | Manama The Ministry of Industry and Commerce is turning employee ideas into operational improvements, as winners of its 2024 innovation initiative were honored this week for reshaping services, policies, and workplace culture. Ideas into action His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, led the ceremony recognizing standout proposals under the 'Factory of Ideas 2024' initiative. The event was also attended by HE Eman Ahmed Al-Doseri, Undersecretary of the Ministry and Chairperson of the Judging Committee, along with other senior officials. The initiative aims to promote innovation within the Ministry by encouraging employees to submit ideas that enhance service delivery, streamline policies, and improve customer experience. The Minister congratulated the winners and urged wider participation in future editions. Three focus areas Awards were presented across three categories: workplace environment, policy and procedure, and customer experience. In the workplace development category, first place went to Nada Nasser Al-Thawadi, followed by Khawla Yousif Abdulrahman and Maitham Fadhel Al-Hammad. For policy and procedure development, Ali Ibrahim Al-Nasser secured the top position. Second place went to Ali Jafar Jassim, while a joint proposal by Hamad Adel Bofarsan and Shaikha Khalid Al-Buainain was placed third. In the customer experience segment, Sayed Hashim Shubbar Al-Wedaei won first prize, followed by Nouf Ahmed Al-Rifai and Mohammed Ibrahim Ashour. sfddsf asdas asdas sdfsdsf Culture of innovation Officials said the program reflects the Ministry's ongoing commitment to embedding a culture of innovation in public service. By empowering employees to contribute ideas, the initiative is helping shape a more responsive and efficient government framework. The Ministry affirmed that it would continue supporting similar internal platforms to ensure lasting impact from within. asdas sdfas sdas wara
Daily Tribune
02-06-2025
- Business
- Daily Tribune
Bahrain-Russia economic cooperation
The Minister of Industry and Commerce, H.E. Mr. Abdulla bin Adel Fakhro, met with Russia's Minister of Economic Development, H.E. Mr. Maxim Reshetnikov, during his official visit to Bahrain. The two sides discussed strengthening bilateral relations and enhancing economic cooperation. Minister Fakhro highlighted Bahrain's position as an attractive global investment hub, supported by a businessfriendly environment and government incentives. They also reviewed Bahrain's upcoming participation as Guest of Honor at the St. Petersburg International Economic Forum this June.
Daily Tribune
01-06-2025
- Business
- Daily Tribune
Victory for buyers : Consumers reclaim BD290,000 over past two years through complaints system
TDT | Manama The Ministry of Industry and Commerce recovered BD290,000 for consumers over the past two years, while arranging replacements worth BD75,000, according to a written reply from Minister His Excellency Abdulla bin Adel Fakhro to MP Dr Muneer Seroor. The figures cover 2023 and 2024, during which the ministry's Consumer Protection Directorate received 7,868 complaints in the first year and 7,153 in the second. A further 1,302 complaints were registered between January and March this year. Most cases concerned faulty electrical goods and vehicle-related issues. Fakhro noted that complaints fell by roughly 9 per cent in 2024. Goods and services That year, more than BD120,000 was recovered for consumers, while goods and services worth over BD45,000 were replaced. In 2023, the recovered amount exceeded BD170,000, with replacements totalling more than BD30,000. By law, the ministry has up to 60 working days to examine a complaint. However, the directorate typically contacts both the complainant and the business within three days to assess the issue and determine the next step. Working days Resolution times vary. Most complaints are dealt with within 15 working days. Around 42 per cent are completed within one week 19 per cent within eight to fifteen days 15 per cent within sixteen to thirty days 12 per cent are resolved on the same day they are received The directorate may also refer cases to the courts when necessary. In both 2023 and 2024, 212 complaints were handed to the Public Prosecution. In 2023, six shops were shut down by administrative order. Arrangements To reduce delays, the ministry signed service level agreements with eight commercial entities that frequently attract complaints. These arrangements led to a 35 per cent reduction in average handling times for those firms. As for cases that take longer, Fakhro said the directorate follows a graduated process. Staff first attempt to broker a settlement between the parties. Failing that, the matter proceeds through formal steps: an initial letter, a notice, a final warning, and then a binding decision. If the business fails to comply, the case is referred to prosecutors.
