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    Shake Shack now open

    New York’s iconic Shake Shack, known for its unrivaled selection of burgers and hotdogs, has opened its first ever Lebanon location at Beirut City C...
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    Bank of Beirut to im

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    Lebanon expects 21%

    The Investment Development Authority of Lebanon has said foreign direct investments to the country are expected to drop 21% this year, as the politica...
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    LAU conducts capacit

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Press Release

Shake Shack now open at Beirut City Centre

Conceived by Danny Meyer’s Union Square Hospitality Group (USHG), Shake Shack is …

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Bank of Beirut to implement Dion’s FATCA compliance solution

The Foreign Account Tax Compliance Act (FATCA) recently applied by the US, …

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Lebanon expects 21% drop in 2013 FDI
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Analysis

Bahrain Ministry of Industry and Commerce launches initiative to develop national policy for entrepreneurship

The Ministry of Industry and Commerce launches an initiative to develop a national policy for entrepreneurship in the Kingdom of Bahrain in light of Ministry’s strategy concerned with small and medium sector and entrepreneurship.

This came during the 18th meeting of the Main Committee to Coordinate & Integrate SME Activities which was chaired by Dr. Hassan Fakhro in presence of CEO of Injaz Bahrain and Chairperson of Al Salam Bank Shaikha Hessa bint Khalifa bin Hamad Al Khalifa and representatives from Ministries and government and private institutions; Economic Development Board, Tamkeen, Bahrain Chamber of Commerce and Industry, Bahrain Businesswomen Society, Ebdaa Bank, Bahrain Businessmen’s Society, Bahrain small and medium enterprises society, Ministry of Municipal Affairs and Urban Planning, Bahraini Young Entrepreneurs Association, Supreme Council for Environment, and private sector representatives.

The minister stressed on the importance to put a special policy for entrepreneurship sector given the importance of this sector and the economic role played by small and medium enterprises in the national economy, to unite the efforts of the concerned authorities in this regard and unite its visions as well as to create a favorable environment for business, and enhance competitive strength of these institutions in front of global competition, as well as to overcome obstacles to ensure the growth of this sector.

The meeting also discussed the developments of Ministry’s initiative on the issuing of special law for small and medium enterprises, and the most prominent means to integrate small and medium enterprises project in the proposed …

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