A memorandum of Understanding (MOU) has been signed between Bahrain Development Bank (BDB) and Ministry of Industry & Commerce concerning encouraging investments and supporting the entrepreneurs via Bahrain Investment Center (BIC).

The MOU is designed to generate the required coordination and cooperation between BDB and BIC, where all needed services –with the assistance of the concerned institutions in both fields: private & public- are obtainable for the investors.

In addition, commercial facilities are provided for the investors by BDB, and that is through financing all or only a part of their companies’ capital.

The MOU was signed by Mr. Nedhal Al Aujan, Chief Executive Officer at BDB and Mr. Hameed Yousif Rahma, Assistant Deputy for the Local Trading at Ministry of Industry & Commerce.