Khalid Engineer Calls for Sustainable Solutions to Support SMEs

TDT | Manama

Email: mail@newsofbahrain.com

Board Member of the Bahrain Chamber of Commerce and Industry, Khalid Ali Yousif Engineer, affirmed that small and medium enterprises (SMEs) are among the key drivers of Bahrain’s economy due to their vital role in supporting growth, stimulating commercial activity, fostering innovation, and creating business opportunities.

He highlighted that advancing SMEs is not limited to addressing challenges individually but requires building an integrated ecosystem that is closer to business owners, understands market needs directly, and transforms challenges into practical and implementable solutions.

He explained that the Board of Directors of the Bahrain Chamber, chaired by Mr. Nabeel Kanoo, places special importance on this area. In line with this direction, the Chamber established a specialized department dedicated to SMEs to enhance responsiveness to business needs and provide more effective communication channels.

He added that the success of SME support systems should be measured not by the number of initiatives introduced, but by their ability to reach business owners, understand their needs, and create tangible impact. He stressed that the next phase requires more flexible approaches based on direct communication, effective partnerships, and modern solutions.

He further noted that SMEs today operate in a rapidly changing economic environment, making it essential to strengthen their adaptability, enhance managerial and technical capabilities, and leverage opportunities in digital transformation and innovation to improve competitiveness and sustainability.

He emphasized that building a more competitive economy begins with empowering SMEs and creating a business environment that supports their growth and development, given their role as a key partner in economic development and market vitality.