His Excellency Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Chairman of the Advisory Board of the SME Fund, has commended the Fund’s role as a key enabler of Bahrain’s growing micro, small and medium enterprise (SME) sector. He highlighted the financing solutions provided by the Fund to address the varied needs of SMEs.
The Minister’s remarks underscore the government’s commitment to economic diversification and private sector development. The SME Fund offers tailored financial products that help entrepreneurs and small businesses access capital, fostering innovation and job creation.
This initiative aligns with Bahrain’s long-term strategy to reduce reliance on oil and boost non-oil sectors. By supporting SMEs, the Fund contributes to a more resilient and competitive economy.
The SME Fund continues to be a vital tool for empowering local businesses and driving sustainable growth across the kingdom.
Article source: bahrainthisweek.com | Image credit: Rigense
