Bahrain named host country for the Global Entrepreneurship Congress in 2019 at a top-level event at the UN HQ in NY, validating the country's setting as a business-friendly nation and an international leader in the field of entrepreneurship and business innovation.

The annual global event, hosted by countries consisting of the United States, UK, China, Italy, Brazil and Russia, brings countless business owners, investors, scientists, and policymakers from greater than 170 nations to identify brand-new methods of helping owners begin and scale new endeavors all over the world.

" We are perfectly put to host this event. With our background of proactively establishing and enacting programs made to empower Bahrainis and brand-new enterprises. The event will certainly bring together Bahrain's best and brightest business minds, to supply a platform for assumed leadership and greater cooperation between Bahrain and its global companions." Tamkeen's CEO Dr Ebrahim Janahi said.

Entrepreneurship and business innovation are integral components in the larger Bahrain Economic Vision2030. SMEs currently add almost 30% of small GDP, and offer jobs for almost 73% of economic sector staff members.

Bahrain is regarded as an attractive location to international companies for its well-established, relied on and clear regulative atmosphere. Ranking first within the GCC for fiscal health second for judicial performance and third in the Economic Liberty Index2017.

Bahrain Economic Growth Board CEO, Khalid AlRumaihi, added: "It's an honor and opportunity to invite the global entrepreneurial community to Bahrain. From pearl fishing to the very early discovery of oil, we recognized the value of diversifying the economic climate and have made great strides in the monetary, telecoms, and logistics sectors. Our continual efforts in the private sector are putting Bahrain amongst one of the most advanced countries in the region, an ideal portal to the $1.6 trillion Gulf market."

About Tamkeen:

Tamkeen is a semi-government company in Bahrain established in 2006 under Law Number (57) as part of the nation's nationwide reform campaigns, with the job of making the private sector as the key driver of sustainable economic development.

Underpinned by 3 strategic pillars - enhancing high quality, serving customers, and accomplishing results - the organization supplies an incorporated variety of programs to produce a solid structure for a modern economy. To this day, its programs have served more than 140,000 Bahrainis and businesses. www.tamkeen.bh