Latest news with #TheLabourFund
Biz Bahrain
10-04-2025
- Business
- Biz Bahrain
Tamkeen Launches First-of-its-kind Program to Train 50,000 Bahrainis in Artificial Intelligence
The Labour Fund (Tamkeen) launched a first-of-its-kind bundle to train 50K Bahrainis in Artificial Intelligence by 2030 following directives from His Highness, Chairman of the Board of Directors. This initiative reflects the importance of investing in Bahraini talent to equip them with highly in demand skills and provide them with training and development opportunities that can facilitate their success through programs and initiatives designed to upskill national talent and enhance their competitiveness, making them the employees of choice in the labor market. The initiative include three main tracks to provide AI training. The first track, aimed at leaders and executives, is designed to shift the mindset of executives in Bahrain towards proactive AI adoption enabling them to utilize AI applications effectively in their organizations. The second track aims to provide general AI training to Bahrainis to equip them with the knowledge required to utilize AI tools effectively for automation, data analytics and to enhance productivity, while the third track is aimed at AI specialists to train them to build AI tools. This initiative 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. Tamkeen has partnered with several leading local and international training providers to offer these programs. Enterprises interested in this program can register through Tamkeen's website:
Biz Bahrain
06-04-2025
- Business
- Biz Bahrain
Cohort 8 of the ‘Raise' Programme Launches with 11 Startups
Spring Venture Services has launched Cohort 8 of 'Raise: The Art of Fundraising', a two-week intensive bootcamp designed to equip startup founders with the skills and knowledge needed to secure investment and scale their businesses. The programme is supported by The Labour Fund (Tamkeen) to prepare startups pitching at the ongoing StartUp Bahrain Pitch Series. The programme is facilitated by Spring Venture Services, and global venture capital firm Salica Investments, providing founders with capital, expert in-house capability, and access to MENA's leading investors to increase the likelihood of startup success. Since its inception, 'Raise' has successfully conducted seven bootcamps in preparation for 15 StartUp Bahrain Pitch events, helping 104 startups refine their investor readiness and secure essential funding. The programme provides entrepreneurs with hands-on workshops, fireside chats, and one-on-one office hours, ensuring they gain a strong foundation in fundraising, pitching, and business strategy. A key highlight of the programme is the StartUp Bahrain Pitch Series, where participating startups will have the opportunity to showcase their businesses before an esteemed panel of judges and an influential audience. These events are organised in collaboration with key industry stakeholders, including the Ministry of Industry & Commerce, the Labour Fund (Tamkeen), Bahrain Economic Development Board, and Bahrain Development Bank (BDB), and StartUp Bahrain. The events conclude with the announcement of the winning startup, which receives a cash prize deployed against key milestones, along with potential further funding and support from programme partners. The participating startups in Cohort 8, categorized by industry, are: Technology & AI DOO is an AI-powered platform that enhances customer engagement, offering businesses an efficient way to personalize their customer interactions and streamline their services. Tamam provides an AI-driven order management system designed to help small businesses optimize their operations and manage orders effectively. Croozz Technologies introduces a telematics-based solution that rewards safe driving, encouraging responsible driving habits through real-time tracking and incentives. Marketplace & E-commerce BizBay is a digital marketplace that connects businesses for buying, selling, and investing, facilitating seamless transactions and growth opportunities. Cardue offers a platform for digital car care services, simplifying vehicle maintenance and repairs with on-demand service options. Ihdaa redefines gifting by integrating charitable donations, allowing users to send thoughtful gifts while supporting worthy causes. Finance & Business Services Safer provides innovative travel financing solutions, making it easier for individuals to plan and fund their trips. Rentat offers a digital solution for property management, automating tasks and streamlining processes for property owners and tenants alike. Consumer & Lifestyle Clany specializes in managing esports events, creating a platform that helps organizers execute successful and engaging competitions. Jalees offers an on-demand childcare platform, connecting parents with trusted caregivers for flexible childcare services. Seera provides a meal subscription service that supports local vendors, offering customers convenient meal options while helping food entrepreneurs thrive. The Raise bootcamp continues to play a crucial role in fostering a strong entrepreneurial ecosystem by providing startups with access to key industry leaders, investors, and potential partners. For more information, to apply for Cohort 9, and to stay updated on future cohort announcements, visit [
Gulf Insider
27-03-2025
- Business
- Gulf Insider
New Expat Residency Scheme To Boost Economy
Investors and skilled expats will be able to apply for permanent residency, designed to attract longer-term capital and talent. The new measure is part of Bahrain's economic recovery plan, set out in the 2025-2026 state budget alongside a raft of other policies aimed at boosting growth and curbing debt. Every year, the government aims to place 25,000 Bahrainis into work and make room in the labour market for 8,000 new graduates. Employer needs The Labour Fund, Tamkeen, is leading this effort, offering training tailored to employer needs. Labour fees will also be adjusted to narrow the cost gap between hiring Bahrainis and expats – an imbalance long criticised by the public. Efforts to improve the business climate are also moving ahead. 'Sijilat', Bahrain's online registry, is due for an upgrade, while planning permits are going digital to reduce delays. Legal changes are in progress to ease restrictions on growing firms. Private investment A new public land platform is already live, opening up idle plots to private investment. At the border, customs procedures are being simplified. Public services, meanwhile, will soon be bound by clearer, stricter deadlines under new service-level agreements. Also read: Five Inmates' Jail Time Extended
Daily Tribune
26-03-2025
- Business
- Daily Tribune
New expat residency scheme to boost economy
Investors and skilled expats will be able to apply for permanent residency, designed to attract longer-term capital and talent. The new measure is part of Bahrain's economic recovery plan, set out in the 2025–2026 state budget alongside a raft of other policies aimed at boosting growth and curbing debt. Every year, the government aims to place 25,000 Bahrainis into work and make room in the labour market for 8,000 new graduates. Employer needs The Labour Fund, Tamkeen, is leading this effort, offering training tailored to employer needs. Labour fees will also be adjusted to narrow the cost gap between hiring Bahrainis and expats — an imbalance long criticised by the public. Efforts to improve the business climate are also moving ahead. 'Sijilat', Bahrain's online registry, is due for an upgrade, while planning permits are going digital to reduce delays. Legal changes are in progress to ease restrictions on growing firms. A new public land platform is already live, opening up idle plots to private investment. At the border, customs procedures are being simplified. Public services, meanwhile, will soon be bound by clearer, stricter deadlines under new service-level agreements.
Biz Bahrain
17-03-2025
- Business
- Biz Bahrain
Tamkeen extends employment and wage increment support 89 Bahrain employees at Ibn Al Nafees Hospital
The Labour Fund 'Tamkeen' announced its support for Ibn Al Nafees Hospital through wage increment for 55 employees in addition to the employment of 34 Bahrainis across various fields and specializations within ongoing efforts to enhance employment and career development opportunities for Bahraini talent in the private sector. This initiative 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. Tamkeen's Chief Growth Officer Mr. Khalid Al Bayat reaffirmed that Tamkeen's support to employ and promote Bahraini employees at Ibn Al Nafees Hospital is in line with Tamkeen's objectives to enhance employment opportunities and career development for Bahrainis in the private sector across all industries. 'The healthcare sector in particular offers substantial opportunities for the employment of qualified Bahraini personnel across various specializations and the support provided to Ibn Al Nafees Hospital contributes to increasing the presence of Bahrainis in this vital sector through supporting the wage increment for 55 Bahrainis working at the hospital in addition to the hiring of 34 Bahrainis employees,' added Mr. Al Bayat. Meanwhile, Mr. Mohammed Al Aali, Director of Human Resources and Training at Ibn Al Nafees Hospital expressed the hospital's commitment to increasing Bahrainization levels within its workforce and emphasized the high quality of local talents and their ability to perform diverse roles with proficiency and competence. Mr. Al Aali also highlighted the significant impact of the support provided by Tamkeen, which will positively affect the recruitment and promotion of local talent ultimately improving the quality of services the hospital provides to its patients. Ibn Al Nafees Hospital, established in 2001, is one of the leading and trusted healthcare providers in the Kingdom of Bahrain with diverse specialized clinics covering more than 28 medical specialties such as Emergency Services, laboratories and Radiology. Tamkeen has launched a range of programs aimed at supporting the employment and career development of national talent, with the goal of making Bahrainis the preferred choice for employment and making the private sector the engine of economic growth in the Kingdom.
