'Bahrain Government ready to support expansion of online businesses'
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Reported by Ashen Tharaka
Bahrain intends to lower the hurdles for Commercial Registration (CR) applications and promote online businesses through social media, it has been revealed.
The government has recognized the relevance of digitalization for firms as it strives to raise revenue from non-oil sources to encourage small, medium, and large-scale businesses, said Nibras Mohamed Talib, Assistant Undersecretary of Commercial Registrations and Companies at the Industry and Commerce Ministry.
He was speaking during a special event with the Bohra business community of Bahrain, organized by Ali Asghar.
The talk show, “Talking Business in Ramadan—Your Digital Footprint," was held in Bohra Masjid and featured several social media influencers and business experts, focusing on trends and growth in the business world.
Mr Talib highlighted the importance of online businesses by saying, “The government has realized the use of digital businesses. You can start an online business without any permission using social media platforms. We have identified the difficulties of applying CR, and we should reduce the barriers. I think digitalization is a must for future businesses.”
The talk show featured several special panelists, including DHL's Director of Purchase (Middle East and Africa) Mufaddal Poonawala, social media manager Mufaddal Kaizer, social media businessman Taher Salman and A.A. Kothambawala Company's Senior Manager (Electricals Division) Abbas Shakir.
The series of programs enables introspection in business, encouraging the learning of new aspects of modern business, said organisers. "As the government of Bahrain aims to promote digitalization and online businesses, it will help enhance business capabilities and boost small, medium, and large-scale business practices."