BAHRAIN: The National Bank of Bahrain, Bahrain Development Bank, Bank of Bahrain and Kuwait as well as Al Salam Bank have signed a strategic partnership to launch a US$185 million SME fund, supported by Tamkeen. The initiative was announced by the Minister of Industry and Commerce, Abdulla Adel Fakhro, during the Gateway Gulf 2025 Forum. The fund aims to expand access to Shariah compliant financing for Bahraini SMEs.
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