Sunday, January 26, 2020

MOU between THMC & BBWS

The Thattai Hindu Merchants Community & Bahrain Businesswomen’s Association  sign a joint cooperation agreement.

The Thattai Hindu Merchants Community (THMC) &  The Bahraini Businesswomen Association recently signed a cooperation agreement in order to achieve common economic objectives, to develop businesses within the national economy, and their members in accordance with the laws.

THMC was created in the early 1940s to strengthen the Bhatia Business community and provide a platform for businessmen to address challenges facing them. THMC aspires to build on the strong legacy of the Bhatia business community, and to become Bahrain’s leading entrepreneurial organisation. They are one of the oldest expat business community in the Kingdom of Bahrain.

The agreement was signed by the President of Thattai Hindu Merchants Community – Mr. Bob Thaker & the  President of Bahrain Businesswomen’s Association Mrs. Ahlam Janahi. The agreement is an important step in enhancing economic relations between the Indian private business sector and the Bahraini businesswomen, in light of the political, social and cultural rapprochement between the two friendly countries.

On this occasion, both associations expressed their happiness with this agreement and considered it a very positive step to build bridges of cooperation with important economic sectors in the market.  Noting that this agreement can result in constructive and progressive development for all members. Additionally, to develop the role of enterprises that are common in serving the national economy. The agreement stipulated a number of basic items, the most important of which are:

– The Parties shall encourage cooperation and work to facilitate their work to achieve their common economic objectives.

– Participate in the expertise and experience of entrepreneurship and exchange in support of emerging institutions and benefit from incubators to achieve the objective of this convention.

– Coordination between them to expand the network of business contacts in order to cooperate in terms of trade and business exchange.

– Facilitating joint research and training programs.

– Co-operation in the fields of organizing training and qualification courses for business leaders, providing advice and needs for them and increasing their capacities to enter the market and compete.

– Promote the culture of entrepreneurship and creativity for women in the Kingdom of Bahrain, and provide supporting programs to empower women to develop their skills for their businesses.

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