By Neil King
Dozens of entrepreneurs from family businesses and SMEs registered as members of KPMG Fakhro initiative
A new group has launched in Bahrain in a bid to bring entrepreneurs together to share ideas, contacts, views, and problems.
Set up by KPMG Fakhro, the Entrepreneurship Club has already attracted more than 70 small and medium sized business owners, as well as members of family-owned enterprises, with the club officially inaugurated at a special event at the Capital Club in Manama.
Managing partner of KPMG Fakhro, Jamal Fakhro, said: “We are delighted by the support that we have received from the Bahraini entrepreneurs for the launch of the club.
“In Bahrain, SMEs contribute 28 percent to GDP, 73 percent to employment, and constitute more than 90 percent of total business, and KPMG recognises the unique challenges that need to be addressed to propel the growth of this sector.
“This forum will bring together entrepreneurs to discuss topical issues and get expert advice, and will support, guide and mentor the entrepreneurs and young leaders.”
Among the keynote speakers at the launch were deputy general manager of non-financial services at Bahrain Development Bank, Sheikh Hesham bin Mohammed Al Kahlifa, associate professor of entrepreneurship at Insead, Professor Filipe Santos, and chairman of MBA Fakhro Group, Mohammed Adel Fakhro.
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