Alzayani: promoting commercial brand of Bahrain

Alzayani: promoting commercial brand of Bahrain

Export Bahrain facilitates $32m deals in 18 months

July 2020

Export Bahrain, a key initiative of the national SME Development Board, has facilitated over $32 million worth of exports across more than 26 various product and service categories to over 32 markets worldwide in a span of 18 months.

The initiative increased export opportunities for current, and potential exporters which included over 25 per cent of exporters entered new markets and over 30 per cent were first-time exporters, where over per cent represented service exports.

Till date, Export Bahrain has helped exporters to reach global markets including - GCC, Europe, Asia, MENA, Africa as well as the Northern and Southern America.

Dr Qaedi

Dr Qaedi

Zayed R Alzayani, Bahrain’s Minister of Industry, Commerce and Tourism, and Chairman of the national SME Development Board, said:  “During the past 5 months alone, Export Bahrain has facilitated over 40 exports worth over $16 million to 8 markets, surpassing 2019’s export services figures and facilitating over $ 32 Million in exports over the past 18 months. Export Bahrain will continue to work with national businesses and SME’s in particular to achieve significantly greater growth prospects, more resilience and increased profitability.”

“A key objective of Export Bahrain is to promote and encourage the export of Bahrain based products and services. We are proud of our internationalised businesses and exporters where we will extend every effort through export Bahrain to promote the commercial brand of Bahrain’s offerings globally and continue to assist both new and existing exporters.

“We believe the majority of businesses in Bahrain can be product or service-based exporters or build their commercial presence in other markets using Bahrain their hub thereby creating continued economic growth and new jobs and opportunities for the economy,” he added.

Dr Nasser Qaedi, Chief Executive of Export Bahrain, said: “As we continue to aggressively grow Export Bahraini’s export assistance to businesses in the country, our 100 per cent growth in export values during the first few months of the year compared to the previous year represents a key milestone which we will continue to build upon.”

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