Bahrain MoIC and Bank Sign $32M Industrial Finance MoU
The Ministry of Industry and Commerce and Bahrain Islamic Bank signed a memorandum of understanding valued at $32 million to support the local industrial sector. The initiative aims to strengthen manufacturing and sustainability, focusing on improving supply chain resilience and providing financial packages to help develop local industries. The package includes funding to promote sustainable production and reduce reliance on global supply chains, all within the framework of supporting national economic growth.
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