Established with the main aim of supporting Bahrain’s Economic Vision of 2030, Bahrain’s Small and Medium Enterprises Development Society is a newly formed society with plans to benefit Bahraini entrepreneurs with special privileges and incentives. With clearly-defined long-term goals and the ability to attract high-profile names, the Society is set to make their mark as a key contributor to the Kingdom’s economic progress.
The Society is also planning to sign a number of agreements and partnerships with various companies in order to provide long-term privileges to Society members in various essential services that every SME needs. They are part of an initiative that aims to cut-cost through providing consultation as well as discounts that benefit them directly such as accounting services and legal consultations. “It is important to encourage young entrepreneurs and promote innovation to translate their ideas and aspirations to real economic projects,” said Vice-Chairman Khalaf Hujjair.
Society Members and Main Goals
Mr. Farouq Almoayyed, one of the most prominent and successful Bahraini businessmen, holds the position of Honorary Chairman of the Society. The Society consists of Chairman Ahmed Al Saloom, Vice-Chairman Khalaf Hujjair, Treasurer Abdulkareem Al-Rashed, Vice-Treasurer Maryam Al-Murbati, Secretary Abbas Yousif, Ahmed Khalfan as head of public relations, as well as Board Members Adel Al Safar, Rasheed Al Wardi, Eman Rasheed and Fadhila Haider. Al Saloom defines their ultimate goal as to have a direct positive influence in the local entrepreneurial scene. The Society will promote and support youths and entrepreneurs to start new businesses and projects in a business-friendly environment in order to support economic growth.
Become a member
The society is actively seeking new members to help through it’s carefully selected supportive programs. From free consultancy to exclusive benefits provided by strategic partners that aim to further simplify the day to day business procedures for SMEs operating in the Kingdom.