The Kingdom of Bahrain marks 13% Ecosystem Value Growth this year
View the full report here – https://startupgenome.com/gser2025
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Biz Bahrain
6 days ago
- Biz Bahrain
Applications Open for Cohort 3 of the Riyada Business Accelerator Program for TechStartups
The Labour Fund 'Tamkeen' and Salica Investments announced that applications for the third cohort of the Riyada Business Accelerator Program are now open until September 30th, 2025. The program is designed for early-stage tech startups with Minimum Viable Products (MVPs) or pre-launch products, supporting founders to grow, scale, and attract investment. This partnership 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. The Riyada Business Accelerator Program empowers entrepreneurs to build, validate and scale successful tech ventures through a comprehensive six-month journey designed for real growth. Founders receive hands-on guidance from experienced mentors, practical support in building competitive products, and expert assistance with business financials and commercialization strategies. The program focuses on achieving product-market fit while fostering strong team capabilities. Additionally, entrepreneurs gain access to potential funding opportunities through valuable connections with investors and key ecosystem players. The success of Riyada's first and second cohorts highlights its growing impact on Bahrain's startup ecosystem. Marwa Aleskafi, Director of Workforce, Enterprise and Startup Enablement at The Labour Fund (Tamkeen), commented: 'We commend the outstanding performance demonstrated by Bahraini entrepreneurs during the past two editions of this program. The Kingdom of Bahrain offers a vastly growing entrepreneurial ecosystem that enables innovators to launch and advance their projects to more developed stages. We encourage potential entrepreneurs in joining the program to take advantage of this opportunity, which enhance participants' creative capabilities and drive innovation across various economic sectors.' Sharing her experience, Noor Alderazi, founder of Tamam shared, 'The Riyada Business Accelerator Program has been a transformative experience in building my startup. With the team's tailored guidance and hands-on support, I was able to refine my business model and significantly improve the development of our tech product. The opportunity to connect with experienced mentors and potential investors has made a real difference in shaping our growth journey. I encourage all entrepreneurs to take advantage of the opportunities and programs offered by Tamkeen, which truly equips you with the tools, network, and clarity needed to take your business to the next level.' The program concludes with a Demo Day, giving founders the required exposure to connect directly with investors aligned with their sector and stage. Eligible startups must hold a valid Commercial Registration (CR) and include at least one Bahraini founder. The startup must also have a unique tech-based idea with high potential for scalability locally, regionally and internationally. Interested applicants can learn more and apply on the website
Daily Tribune
04-08-2025
- Daily Tribune
Tamkeen and Takamol sign MOU to boost professional skills and national workforce competitiveness
The Labour Fund (Tamkeen) signed a Memorandum of Understanding (MoU) with Takamol Holdings, a leading company in business services for the labor market and human capital development in the Kingdom of Saudi Arabia. The MOU aims to explore cooperation between the two organizations in multiple labor market related fields, as well as facilitate knowledge exchange in initiative design to enhance the efficiency of the labor market, support in professional skills development and improving performance and efficiency. Through this MOU, Tamkeen seeks to benefit from the expertise of Takamol in multiple aspects, enhancing program effectiveness, and boosting the competitiveness of national talent in line with the needs of the labor market. Additionally, Tamkeen will also gain understanding of the labor market development in the Kingdom of Saudi Arabia. Takamol will benefit from Tamkeen's experience in creating opportunities for national talent to enter the labor market and grow in it. The agreement was signed by Her Excellency Ms. Maha Abdulhameed Mofeez, Chief Executive of the Labour Fund Tamkeen, and His Excellency Dr. Ahmed Abduljabar Al-Yamani, Chief Executive Officer of Takamol, in the presence of officials from both companies as a step that highlights their commitment to enhance and strengthen cooperation and knowledge exchange. On this occasion, Her Excellency Ms. Maha Abdulhameed Mofeez, Chief Executive of the Labour Fund Tamkeen, reiterated that this partnership represents another milestone in Saudi-Bahraini partnership between the Kingdom of Bahrain and the Kingdom of Saudi Arabia by fostering knowledge and exchanging expertise in program and service development for individuals, noting that this step reinforces all collaborative efforts taking place under the Saudi-Bahraini Coordination Council. In addition, the Chief Executive Officer of the company Takamol, Dr. Ahmed Abduljabar Al-Yamani, praised the strong ties between the kingdoms, affirming that this partnership will contribute to strengthening and enhancing collaboration and knowledge exchange to design innovative solutions that are backed by the best experience and practices, which will enhance the efficiency and effectiveness of the labor market. Takamol Holding is one of the leading companies in the Kingdom of Saudi Arabia, serving as a bridge between the public and private sectors, an economic and social enabler, and a key partner in achieving the Vision 2030 goals. The partnership between Tamkeen and Takamol Holding 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.
Daily Tribune
31-07-2025
- Daily Tribune
Tamkeen-Skills Bahrain Highlights Emerging Jobs and Key Insights from the Manufacturing Sector Skills Report at the ‘Future Skills – Manufacturing' Event
Skills Bahrain, an initiative under the umbrella of the Labour Fund (Tamkeen), held the 'Future Skills – Manufacturing' event, bringing together key stakeholders from Bahrain's manufacturing industry to discuss the findings of the latest Manufacturing Sector Skills Report developed by Skills Bahrain. The Manufacturing Sector Skills Report sheds light on labor market trends, skills in demand and emerging jobs in the manufacturing sector, it also highlights the significant transformation in the skills landscape, driven by the adoption of Industry 4.0 technologies. Among the most in-demand roles in the sector are Research and Development Scientists, Artificial Intelligence and Machine Learning Experts, Materials Engineers, and Digital Transformation Specialists, along with other fast-growing jobs. The report also underscores the importance of mastering technical skills such as Data Analysis and Big Data Management, Machine Operation, and project management, reflecting the growing need to develop national talent capable of meeting the evolving demands of the manufacturing sector. As part of the event, a panel discussion brought together representatives from key stakeholders, including Mr. Ahmed Shaheen – Associate Director of Sector Skills Development Skills Bahrain, Mr. Khalid Salman Al Qassimi – Director of Industrial Development at the Ministry of Industry and Commerce, and Ms. Yusra Al Hussaini – Chief of Business Development and Lifelong Learning– Polytechnic Bahrain. The session explored emerging trends, key opportunities, and the critical skills and jobs shaping the future of the manufacturing sector—aimed at strengthening the readiness and competitiveness of the national workforce. Amer Marhoon, Managing Director of Skills Bahrain stated: 'Bahrain's manufacturing sector is a dynamic and diverse component of the national economy, currently undergoing substantial transformation driven by advancements in technology. As the sector continues to evolve, it is crucial to shed light on the importance of reliable data and insights that reflect current and future needs. This event brought together industry voices to shape future strategies. It was also essential in raising awareness about the key findings presented in the report. These insights help professionals across the sector guide workforce planning, align training efforts, and make informed decisions that contribute to sustainable industry growth.' Mr. Khalid Salman Al Qassimi, Director of Industrial Development, emphasized that the Industry Sector Strategy 2022– 2026 is built upon key pillars, including achieving sustainable growth for the sector, increasing its contribution to GDP, creating promising employment opportunities for citizens, and enhancing competitiveness at the local, regional, and global levels.
