Bahrain Minister of Energy to open Contax Partners new headquarters in the Kingdom

Bahrain: Tuesday, May 24 - 2011 @ 12:28

Dr. Abdul Hussain bin Ali Mirza said that National Oil and Gas Authority welcomes foreign investments and plays a vital role to attract investments in the field of energy and its supporting services and provides support to overcome difficulties in order to boost business growth and investment for the development of the Kingdom and its citizens. This is reflecting the vision of His Majesty King Hamad bin Isa Al Khalifa in establishing a diversified national economy capable of meeting the regional and international challenges through strengthening the role of the private sector and creating openness to the global economy for developing Bahraini citizens and improving their standard of living.

H.E. explained that the leadership of the Kingdom emphasizes the importance of enhancing the status of the Kingdom and taking an advantage of its characteristics such as its competitive location in the Arabian Gulf and being a member of the Gulf Council Countries as well as the provision of incentives to attract investments. Therefore, National Oil and Gas Authority, as part of its strategy, strives to attract specialized companies in opening their base and regional offices in the Kingdom providing them with a continuous support.

Contax Partners’ Chief Executive Mr. Filippo Fantechi expressed his honor in receiving the patronage of H.E. Dr. Abdul-Hussain bin Ali Mirza Minister of Energy, for this launch which is considered a further expansion after 25 years of experience in consultancy services. He explained that the company has been working in the Kingdom of Bahrain for a long time and has been receiving all kinds of support from government sectors which encouraged it to expand its business and open its headquarters in the Kingdom of Bahrain.

Contax Partners has been servicing the companies operating and wishing to operate in the Middle East energy industry for over 25 years’, says Contax Partners’ CEO Filippo Fantechi, ‘and we are now looking to take these relationships to a new horizon’.

‘We are very honoured indeed, Fantechi continues, to have received His Excellency Dr Mirza’s patronage and will continue to contribute to the business-friendly economy of Bahrain by empowering our clients to success in this region’.

Contax Partners is a leading provider of strategic advice, project intelligence, research and analysis, commercial due diligence, risk and growth advisory, business development and new venture creation services in the Middle East energy and energy related services industry.

The company offers end-to-end integrated solutions across the entire supply chain in the region’s oil, gas, petrochemical, metals, mining, power and water industries.

Contax Partners’ clients include national and international oil companies, contractors, subcontractors, service providers, equipment manufacturers, as well as government agencies, investment banks and private equity firms.

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Tuesday, May 24- 2011 @ 12:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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