Bahrain’s resilience in confronting the repercussions of recent Iranian attacks reflects the strength of the kingdom’s national economy and integrated governance, the Bahrain Chamber (BCCI) chairman has said.
Nabeel Kanoo highlighted the private sector’s high degree of responsibility and flexibility during the period, maintaining market stability, supply chains, and operational continuity under the leadership of His Majesty King Hamad and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.
“The continuity of economic activity is a fundamental aspect of national preparedness, and the ability of institutions to function under exceptional circumstances reflects the strength, resilience, and adaptability of our economy,” Mr Kanoo said.
He praised Interior Minister General Shaikh Rashid bin Abdulla Al Khalifa’s remarks to the legislative authority on the importance of national unity and readiness, affirming that the business community remains committed to working alongside state institutions to safeguard economic stability.
Since the onset of the crisis, the chamber has maintained direct communication with business owners and government bodies to monitor shipping, supply chains, and sectoral needs while resolving operational hurdles.
Emergency and business continuity plans were activated to ensure uninterrupted services, with a specific focus on supporting small and medium-sized enterprises (SMEs) through initiatives like the Labour Fund’s (Tamkeen) ‘Musanada’ programme to support liquidity, reduce burdens, and protect local jobs.
Mr Kanoo called for further strengthening government-private sector partnerships, diversifying supply sources, and raising economic preparedness to ensure long-term business sustainability and market stability.
avinash@gdnmedia.bh