His Majesty King Hamad has underscored the importance of the vital role the Bahrain Chamber plays in supporting and developing the commercial and industrial sectors, as an active partner in the kingdom’s economic progress.
The King made the remarks as he yesterday received the newly appointed members of the chamber’s board of directors, chaired by Nabeel Kanoo.
He congratulated them on the confidence shown by the commercial and industrial sectors, and on the chamber’s historic role in developing the national economy since its establishment in 1910.
His Majesty affirmed support for the commercial and economic community to continue its contributions to development plans, emphasising the importance of concerted efforts to preserve national gains and strengthen the national economy.
He also commended the efforts of the previous board of directors, chaired by Sameer Nass, for their service to the commercial sector and contributions to advancing the economic path.
“Bahrain has gone through exceptional circumstances and events and successfully overcame this phase, bringing reassurance and confidence to citizens as they continued their daily lives,” His Majesty said.
He praised the unity of Bahrainis, their support for their leadership, and their strong confidence in the Bahrain Defence Force and its high readiness, affirming that Bahrain will remain a land of security and stability, moving forward with determination through the unity, cohesion and dedication of its people.
His Majesty reiterated that all citizens will be compensated for the losses incurred to their properties as a result of the unjustified Iranian attacks against the kingdom and countries of the region, which targeted civilians, facilities and civil infrastructure, within the framework of keenness to safeguard citizens’ rights and mitigate the impact of these attacks.
Mr Kanoo expressed his sincere thanks and appreciation to the King for his support, affirming the chamber’s continued implementation of its programmes and its role in strengthening the private sector’s contribution to advancing economic development in the kingdom.
The chairman and board members expressed their thanks and appreciation to His Majesty for the draft law to pay the salaries of insured Bahrainis in private sector companies, in addition to launching a programme to defer loans and provide liquidity to support the kingdom’s economy and financial sector.
They commended the King’s keenness to support the economic and commercial progress in Bahrain.