In Tamkeen‘s annual Consultation Forum this year, the Bahraini labor fund went into detail to highlight its upcoming strategy adjusted to the reality of the post-COVID market. Specifically, Tamkeen brushed upon various ways it plans on enhancing support to the Kingdom’s startup ecosystem while simultaneously improving the efficiency of its existing programs and financial schemes.

Speaking on the occasion, Tamkeen chairman Shaikh Mohammed bin Essa Al Khalifa noted that enterprises must continue with the adoption of technology in order to be more efficient and sustainable. He also stated that Tamkeen’s support programs will continue to focus on helping businesses boost their operational efficiency and empowering entrepreneurs to better manage their businesses with effective, creative, and flexible control.

Held virtually on Dec 14, the Forum was participated by Tamkeen’s customers, as well as hundreds of stakeholders in the Kingdom’s startup ecosystem representing both the public and private sectors.

The Chief Executive of Tamkeen, Dr. Ebrahim Janahi, also took this opportunity to shed some light into Tamkeen’s achievements throughout the year that have helped Bahrain’s economy to retain its strength against all odds including the pandemic.

Dr. Janai said, “The next stage is a continuation of what we have already started with our strategies. The most important element of this strategy is to focus on transforming the methodologies within businesses – an element which has proved its importance after the pandemic outbreak, and the upcoming strategy is focusing on just that. The coming strategy will help businesses achieve their greatest efficiency while being sustainable and cost-effective.”

The Forum wrapped up on a positive note by accepting various recommendations to meet the requirements of the market when it comes to the growth of private sector enterprises.