22 Hrs
Source:
البلاد
Bahrain Chamber and Tamkeen assess Musaned SME support
A workshop was organized in Bahrain to introduce small and medium-sized enterprises (SMEs) to the "Musanada" program, launched by the Tamkeen Fund to support the private sector affected by current exceptional circumstances, particularly due to damages related to the Iranian aggression. The program aims to stabilize and help these institutions recover by providing financial support and operational expenses, including grants to cover costs and loan profit waivers of up to 100%, with repayment periods of up to three years. Applications were opened for eligible institutions for a period of three months. The program targets vital sectors such as transportation, manufacturing, tourism, and logistics services, with the goal of enhancing business sustainability and preserving jobs.
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