Saudi Paper Manufacturing Company
Awal Gulf Manufacturing Company, a leading refrigeration and air conditioning equipment manufacturer, has received technical back up from Tamkeen through the 'Large Enterprise Support Scheme'.
Saudi Paper Manufacturing Company
Advanced Search CapistranoWorld recommends Dana Gas negotiating standstill deal with... posted in Energy, Oil and GasAME_realestate recommends Saudi Aramco picks McDermott for cable installation... posted in Real EstateAME_realestate recommends Al-Mojil shareholders reject liquidation posted in Real EstateAME_realestate recommends Arabtec Q3 profit drops 10.5% posted in Real EstateAME_realestate recommends Al Hassan, Technicas Reunidas awarded $106m EPC deal posted in Real EstateCapistranoWorld recommends RTA to give names to Dubai streets posted in Transport and LogisticsCapistranoWorld recommends Saudi Aramco picks McDermott for cable installation... posted in Real EstateCapistranoWorld recommends Dana Gas negotiating standstill deal with... posted in Energy, Oil and GasAME_realestate recommends Saudi Aramco picks McDermott for cable installation...
Norway's Government Pension Fund has replaced the Abu Dhabi Investment Authority (ADIA) as the largest sovereign wealth fund in the world, according to the...
Sony, the leading consumer electronics and entertainment brand, unveiled three of its latest cameras: the Alpha SLT-A99, the NEX-5R and the NEX-6....
Video: One year on from the launch of McLaren Automotive in the Middle East their Dubai dealer, Al Habtoor Motors, takes pole position as the being...
Audio: Strong demand from GCC investors is seeing properties move 'off the shelf' quickly in the ultra-prime locations of London, such as...
Audio: The medium of television is still thriving, not only through higher-spec innovations but due to the influence of both online platforms and...
Saudi Arabia occupies four-fifths of the Arabian peninsula. Jordan, Iraq, Kuwait, the Gulf of Oman, Qatar, the United Arab Emirates, Oman and Yemen border it. To the west lies the Red Sea.
Under this scheme, Tamkeen's contribution will be 50%, up to a maximum of BD150,000, of the cost of the machinery and related costs.
Enterprises seeking to benefit from the Scheme must have an active Commercial Registration Certificate, earn annual revenue equal to or more than BD5m and must be able to provide audited financial statements.
Furthermore, the enterprise should commit to hire minimum two Bahrainis or increase the wage of at least 2 existing Bahraini employees by at least BD50 per month. Applications will be evaluated and approved by Tamkeen's Enterprise Development Support team.
Tamkeen VP for Enterprise and Human Capital Development Dr. Ahmed Abdulghani Al-Shaikh, said, "Business firms have received another incentive from Tamkeen with the introduction of "The Large Enterprise Support Scheme". "The Scheme is a Tamkeen's strategic initiative that has been developed specifically to support large business Enterprises across all sectors to uplift their capabilities and boost performance," he added.
Awal Gulf Manufacturing co, which specialises in the manufacturing of air conditioners and other electrical equipment, received Tamkeen's support to purchase a number of Machinery and equipment to increase production capacity and enhance on-site industrial performance.
Mr. Adel Matter, Awal Gulf, Managing Director, said, " We are very pleased to be the first company to join this initiative which, we believe will bring new growth opportunities for the company and for Bahrainis. Through Tamkeen's large Enterprise Support Scheme, large enterprises can now keep abreast of the latest trends of industry evolution."
Tamkeen had announced earlier this year that it has allocated a total of BD104m dedicated to human capital development and enterprise support of the private sector. Around BD51m have been allocated to the various enterprise support programmes for the year 2012.
Tamkeen's Enterprise Development Support Programme includes: the Business Development Scheme (Istishara) to assist in the strategic planning and determining vision and goals of the organisation, the Technical Assistance Scheme (Techania) to provide support for the purchase of latest enterprise-related tools and equipment, the Quality Management Systems Scheme (Jawda) to assist in the design and application of world-class quality standards, the Growth Assistance Scheme (Tarweej) to support enterprises' participation in local and international events and exhibitions, and the Marketing Assistance Scheme (Tasweeq) to provide support in the design and implementation of effective marketing and communications strategies, in addition to the Large Enterprises Support Scheme which allows Large Enterprises to acquire industrial machinery and technology.
Mohammed Bucheery, Private Sector Senior Manager, Tamkeen, Dr. Ahmed Abdulghani Al-Shaikh, VP for Enterprise and Human Capital Development, Tamkeen, Adel Matter, Managing Director, Awal Gulf and G. Krishna Kumar, General Manager of Finance, Awal Gulf.
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
More than 235,000 business people visit the AMEInfo Business Directory every week - start growing your customer base today by listing your company details.
Norway's Government Pension Fund has replaced the Abu Dhabi Investment Authority (ADIA) as the largest sovereign wealth fund in the world, according to the...
Sony, the leading consumer electronics and entertainment brand, unveiled three of its latest cameras: the Alpha SLT-A99, the NEX-5R and the NEX-6....
Video: One year on from the launch of McLaren Automotive in the Middle East their Dubai dealer, Al Habtoor Motors, takes pole position as the being...
Audio: Strong demand from GCC investors is seeing properties move 'off the shelf' quickly in the ultra-prime locations of London, such as...
Audio: The medium of television is still thriving, not only through higher-spec innovations but due to the influence of both online platforms and...
Saudi Arabia occupies four-fifths of the Arabian peninsula. Jordan, Iraq, Kuwait, the Gulf of Oman, Qatar, the United Arab Emirates, Oman and Yemen border it. To the west lies the Red Sea.
Under this scheme, Tamkeen's contribution will be 50%, up to a maximum of BD150,000, of the cost of the machinery and related costs.
Enterprises seeking to benefit from the Scheme must have an active Commercial Registration Certificate, earn annual revenue equal to or more than BD5m and must be able to provide audited financial statements.
Furthermore, the enterprise should commit to hire minimum two Bahrainis or increase the wage of at least 2 existing Bahraini employees by at least BD50 per month. Applications will be evaluated and approved by Tamkeen's Enterprise Development Support team.
Tamkeen VP for Enterprise and Human Capital Development Dr. Ahmed Abdulghani Al-Shaikh, said, "Business firms have received another incentive from Tamkeen with the introduction of "The Large Enterprise Support Scheme". "The Scheme is a Tamkeen's strategic initiative that has been developed specifically to support large business Enterprises across all sectors to uplift their capabilities and boost performance," he added.
Awal Gulf Manufacturing co, which specialises in the manufacturing of air conditioners and other electrical equipment, received Tamkeen's support to purchase a number of Machinery and equipment to increase production capacity and enhance on-site industrial performance.
Mr. Adel Matter, Awal Gulf, Managing Director, said, " We are very pleased to be the first company to join this initiative which, we believe will bring new growth opportunities for the company and for Bahrainis. Through Tamkeen's large Enterprise Support Scheme, large enterprises can now keep abreast of the latest trends of industry evolution."
Tamkeen had announced earlier this year that it has allocated a total of BD104m dedicated to human capital development and enterprise support of the private sector. Around BD51m have been allocated to the various enterprise support programmes for the year 2012.
Tamkeen's Enterprise Development Support Programme includes: the Business Development Scheme (Istishara) to assist in the strategic planning and determining vision and goals of the organisation, the Technical Assistance Scheme (Techania) to provide support for the purchase of latest enterprise-related tools and equipment, the Quality Management Systems Scheme (Jawda) to assist in the design and application of world-class quality standards, the Growth Assistance Scheme (Tarweej) to support enterprises' participation in local and international events and exhibitions, and the Marketing Assistance Scheme (Tasweeq) to provide support in the design and implementation of effective marketing and communications strategies, in addition to the Large Enterprises Support Scheme which allows Large Enterprises to acquire industrial machinery and technology.
Mohammed Bucheery, Private Sector Senior Manager, Tamkeen, Dr. Ahmed Abdulghani Al-Shaikh, VP for Enterprise and Human Capital Development, Tamkeen, Adel Matter, Managing Director, Awal Gulf and G. Krishna Kumar, General Manager of Finance, Awal Gulf.
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
More than 235,000 business people visit the AMEInfo Business Directory every week - start growing your customer base today by listing your company details.
No comments:
Post a Comment