The Bahrain Chamber of Commerce and Industry held its Ordinary General Assembly meeting at its headquarters yesterday (Sunday), according to who attended, as 148 members attended, representing 0.42% of the total members who paid their contributions. The second General Assembly meeting was held after the quorum was not reached for the first meeting the day before yesterday.
All the regular meeting items were approved, which included reading the minutes of the previous meeting, discussing the Board of Directors’ report and financial statements, and reappointing the auditors, without any significant discussion or intervention.
The chamber’s regular general assembly ended in a record time of approximately 15 minutes.
good news
The Chairman of the Board of Directors of the Bahrain Chamber of Commerce and Industry, Samir Nass, ended the meeting by announcing what he described as good news, as the Chamber’s management succeeded, for the first time, in leasing its current headquarters building in Sanabis by 100%, which supports the Chamber’s financial revenues.
Nass also confirmed that the file of the old Chamber building in Manama was closed after the building was replaced with a larger land in the Bahrain Bay project in a deal concluded with the government. The new land is larger than the land of the old headquarters, and its area is about 7,200 square meters compared to approximately 5,000 square meters for the old building. In Manama.
In addition, the First Deputy Chairman of the Board of Directors of the Bahrain Chamber of Commerce and Industry, Khaled Najibi, informed Al-Bilad that the Chamber will study establishing an investment project to take advantage of the new land in Bahrain Bay, indicating that the Council will conduct the necessary study for the best investment that suits the nature of the land and the feasible project that It can be built on it.
Regarding the method of financing the project, and whether it will be done independently or through financing from banks, Najibi indicated that all these details will be studied later.
In a related context, Samir Nass said in a speech to the members of the Board of Directors: “I have the honor to extend my highest thanks and gratitude to the wise leadership represented by His Majesty King Hamad bin Isa Al Khalifa, the great king of the country, may God protect and preserve him, for the keenness and support given by His Majesty to the Chamber to continue… Its luminous path in everything that serves its national goals and aspirations in serving the national economy and the private sector, and to His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, may God protect and preserve him, for His Highness’s interest in strengthening the role of the Chamber and the effective partnership with the private sector to advance the national economy. Under the umbrella of Bahrain Economic Vision 2030.
Nass continued, “On the occasion of this meeting, I would like to stress the importance of the role assigned to the members of the General Assembly of the Bahrain Chamber of Commerce and Industry towards this distinguished and ancient institution, which is always keen to represent them well, through cooperation, interaction and communication with it and keen to participate in all its various events and activities, and extend them.” With ideas and visions that achieve the goals and aspirations of its members to reach the desired goals, expressing sincere thanks to the honorable members of the Chamber for their trust and continuous communication with the Board of Directors, and to the members of the Executive Management and all of the Chamber’s employees and workers for their dedication and hard work to serve the members.”
Nass continued, “In 2023, the Chamber’s Board of Directors, through its role in expressing opinions on projects and proposals for laws related to industry and trade, has submitted more than 53 views to the legislative authority and relevant authorities, based on the Council’s keenness to achieve the Chamber’s objectives and develop the role of the sector.” And to overcome the problems and difficulties facing it, he completed about 5 research studies to serve the commercial sector, and 7 quarterly economic reports, in addition to presenting about 4 questionnaires directed to the commercial street with the aim of obtaining their opinions on various economic issues, and to emphasize the role in representing business owners internationally and regionally. The Council has completed more than 20 research articles, ranging from extensive economic studies to reports on trade relations between the Kingdom of Bahrain and the countries of the world.” Nass added: “The Chamber’s Strategic Thinking Group has launched 17 initiatives aimed at advancing the national economy. During the year 2023, the Chamber also organized approximately 96 events that varied between awareness campaigns, economic and legal events, all of which aim to serve the commercial and industrial street, and out of the Chamber’s belief in the importance of the principle “Social responsibility, 5 community partnership initiatives have been implemented in which the target groups have varied.”
Nass concluded his speech by saying: “The Board of Directors is determined to move forward in building on the achievements that have been achieved, which have been reflected in the continuity of developing performance and raising the level of targeted growth for the private sector. We thank God for the success of our efforts, and we hope and look forward to achieving more of your aspirations during the session.” “Current.”
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