Tamkeen Supports Employment and Career Development of 55 Bahraini Employees at Bahrain Islamic Bank

30-01-2025

The Labour Fund 'Tamkeen' announced its support for the employment and wage increments of 55 Bahraini employees at Bahrain Islamic Bank (BisB) through various programs, including the National Employment Program, the Leadership Employment Program, and the Wage Increment Program. This support aligns with Tamkeen's strategic priorities for 2025, which focus on enhancing the position and competitiveness of Bahrainis in the private sector, equipping Bahrainis with suitable skills for career development in the private sector, and prioritizing enterprise growth, digitization, and sustainability, and supporting the development of the ecosystem surrounding the labor market and private sector. On this occasion, Mr. Khalid Al Bayat, Chief Growth Officer at the Labour Fund (Tamkeen), stated: 'We are pleased to support Bahraini employees at BisB. This support enriches the financial sector, which is the largest contributor to Bahrain's GDP, accounting for 17.1% in Q2 of 2024. We remain committed to supporting various economic sectors, especially those offering rewarding jobs and promising career development opportunities for national talent. Our programs are designed to reward employees, motivate them to achieve greater career milestones, and help them build a promising professional future.' Afnan Saleh, Chief Human Resources Officer at Bahrain Islamic Bank, stated: 'We are pleased to collaborate with the Labour Fund 'Tamkeen' to support national talent through a variety of support programs. These programs will directly contribute to developing clear career progression plans for employees and prepare them to assume administrative and leadership roles. The financial sector is one of the most dynamic and evolving sectors in the job market, offering diverse opportunities for skilled and experienced employees. It also enables national talent to secure rewarding jobs and advance in their professional careers. As business owners, we can leverage Tamkeen's programs to keep pace with these changes and empower Bahraini talent to secure rewarding roles and lead positive transformations in the labor market.'
Bahrain Islamic Bank is one of Tamkeen's partner banks under the 'Tamweel' program, which provides Sharia-compliant financing solutions to enterprises of various sizes and growth stages. Tamkeen has launched a suite of programs to support the employment and career development of national talent, with the goal of making Bahrainis the preferred choice for employment. These initiatives complement enterprise support programs and aim to position the private sector as the main driver of economic growth in the Kingdom.

Hashtags

#NationalEmploymentProgram

#LeadershipEmploymentProgram

#WageIncrementProgram

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Showcasing innovation and sustainability

Daily Tribune

6 hours ago

Daily Tribune

Showcasing innovation and sustainability

The Ministry of Youth Affairs will host a comprehensive national celebration to mark International Youth Day 2025, observed annually on August 12, under the theme 'Empowering Youth for a Sustainable Future.' The event will take place next Tuesday as part of the 14th edition of the Youth City 2030 project. According to the Ministry, this year's program features a series of inspiring initiatives, most notably the launch of Bahrain's first Youth Farmers Market in collaboration with the Ministry of Municipalities Affairs and Agriculture and the National Initiative for Agricultural Sector Development. Running from August 10 to 14, the market represents a significant step in fostering collaboration between government entities and encouraging youth innovation by creating productive spaces that contribute to the UN Sustainable Development Goals. Highlights include the 'Farm to Fork' experience, offering visitors the chance to sample authentic Bahraini farm flavors and high-quality local produce. Environmental awareness initiatives such as 'Clean Plate' and 'Zero Waste & Plastic Cure' will also be featured, alongside the presentation of INJAZ Bahrain projects, showcasing youth leadership, innovation, and a renewed sense of national responsibility.

Gulf Insider

15 hours ago

Gulf Insider

Appeals Court Allows BD20,000 Gulf Verdict To Take Effect

The Supreme Civil Appeals Court has ruled that a BD20,000 judgment issued by a court in a Gulf country in a commercial dispute is enforceable in Bahrain. The decision came in response to a case filed by a Gulf-based businessman against a local contracting company over unpaid commercial transactions. The court overturned an earlier lower court ruling that had rejected the enforcement request on the grounds that the foreign judgment was not final. However, appeals judges found the ruling to be conclusive and binding, as the appeal window had passed. Lawyer Abrar Bukheet, representing the claimant, said her client had initially filed the case in his home country after a business dispute with the Bahraini company's owner. The foreign court ordered the defendant to pay nearly BD20,000 in penalties and outstanding dues. A retrial request was denied, prompting the claimant to seek enforcement through Bahrain's courts. The appeals court cited Bahrain's Civil and Commercial Execution Law, which allows enforcement of foreign judgments under reciprocal terms— provided certain conditions are met. These include confirming that Bahraini courts had no jurisdiction over the case, that due process was followed, the ruling was final, and it did not conflict with any previous Bahraini judgment. The court confirmed that the Gulf ruling met all requirements, including carrying the executory formula and the authority of res judicata. It accepted the appeal, overturned the lower court's decision, and approved enforcement of the foreign judgment within the Kingdom.

Applications open for Imtiaz Initiative until August 30

Daily Tribune

3 days ago

Daily Tribune

Applications open for Imtiaz Initiative until August 30

The Supreme Council for Women has opened applications for the fifth edition of the 'Imtiaz' Initiative, inviting Bahraini female entrepreneurs to showcase their projects and success stories. The initiative recognises women under 45 with at least three years of entrepreneurial experience. Applicants must be Bahraini nationals, submit a financial report, and hold a valid business licence with at least 50% ownership in a trade or service-based project. Applications close on August 30. The initiative aims to empower women, promote economic participation, and highlight outstanding business models.