On his own behalf and on behalf of the Chamber’s Board of Directors and the business and industrial community of the Kingdom of Bahrain, Kanoo extended his highest appreciation and gratitude to His Royal Highness for his continued attention to and support of the private sector, as well as his ongoing efforts to strengthen its contribution to economic growth and consolidate the Kingdom’s competitiveness at both regional and international levels.
He explained that His Royal Highness’s affirmation of the private sector’s role as an active partner in supporting development sectors and advancing economic growth represents a central pillar of the Chamber’s work during the coming period. It also reinforces the Chamber’s responsibility to further enhance its institutional role and increase its impact in shaping economic policies and putting forward impactful views and initiatives in support of the national economy.
Kanoo noted that His Royal Highness’s emphasis on strengthening partnership and integration between the public and private sectors reflects a strategic direction towards establishing an advanced model based on effective coordination. This contributes to achieving sustainable development objectives and further strengthens the Kingdom of Bahrain’s position as a competitive economic hub.
These directives also form part of the comprehensive development journey led by His Majesty King Hamad bin Isa Al Khalifa, King of Bahrain, which represents a pioneering model of sustainable development and economic advancement. Through ambitious strategic visions, this journey has contributed to strengthening Bahrain’s regional and international standing, enhancing the business environment, and supporting various vital sectors in a manner that promotes prosperity and well-being for the nation and its people.
Kanoo affirmed that the Chamber’s Board of Directors will continue to work closely with the government to develop the business environment, support the growth of various economic sectors, address the challenges facing the private sector, and adopt initiatives that contribute to developing the national economy and diversifying sources of income, in line with the aspirations of the Kingdom’s wise leadership.
Kanoo also highlighted His Royal Highness’s emphasis on the importance of integrating the roles of government entities and the private sector. In this regard, he commended the joint efforts that have contributed to maintaining market stability and ensuring the availability of essential goods, thereby strengthening consumer confidence and supporting the sustainability of economic activity, particularly amid current developments and challenges.