Manama, Jan. 12 (BNA) Export Bahrain facilitated deals worth over $14 million during Expo 2020 Dubai in 2021, including agreements with Arihant and Wesal Jewelers of the Arihant Group and regional and international buyers in Manama. gold sector.
The agreements were finalized by supporting Export Bahrain in exporting jewelry and precious metals to new clients in Saudi Arabia, UAE, Oman, Hong Kong and Malaysia.
The new deals were signed last December at Expo 2020 Dubai in the presence of the region’s top jewelers. The soft deals reflect Export Bahrain’s strong commitment to enabling businesses in Bahrain to do business with new overseas customers by utilizing its diverse solutions portfolio and extensive global network.
A workshop was organized during the exhibition that brought together local, regional and international stakeholders and their counterparts in the precious metals and gold sector, enabling them to shed more light on the gold sector as a whole, discuss business opportunities, and share experiences.
The precious metals and jewelry sector in Bahrain enjoys a wide regional and global reputation, having been known for centuries for its high quality and excellence. Accordingly, Export Bahrain strives to enhance the exports of this vital and prominent sector by supporting companies with their export needs through the diverse and growing range of solutions and services offered by Export Bahrain, which in turn will increase its contribution to the Kingdom’s GDP.
Export Bahrain focuses on nurturing and accelerating the growth of local businesses, as well as products and services made in the Kingdom of Bahrain. The initiative continuously strives to enable exporters to deal with more challenging and high-growth export markets. In this framework, Export Bahrain has always been keen to take advantage of opportunities such as Expo 2020 Dubai, with the aim of paving the way for its customers, especially small and medium-sized businesses in Bahrain, to reach broader horizons for growth. Fatima Mahdi, Director of Business Development at Expo Bahrain, said that during the past three months, and since the launch of Expo 2020 Dubai, Export Bahrain has supported Ariant Wessal Jewelery to conclude export deals with many new clients in the region and the world.
Higher budget deals will ensure better access to their products in new markets and provide a gateway to entry into potential markets outside the region. She added, “We aspire to take advantage of this important global event to secure more deals for Bahrain-based institutions and contribute to the development of Bahraini exports.”
Through its innovative solutions and services, Export Bahrain has provided us with the necessary support to achieve further growth in the regional and international markets. As a Bahrain based company, we are delighted to receive the support of Export Bahrain to close export deals worth over USD 14 million last year at Expo with new clients in the region and there is more to come this year. We look forward to further benefiting from the wide range of solutions and services offered by Export Bahrain in the future, as we aspire to expand into additional markets around the world and increase our production line to meet the needs of new potential regional and global markets. said Maryam Ghazi Ahmed Hassan, Head of Public Relations and Communications at Arihant Group.
Headquartered in Bahrain since 1991, Arihant Group offers precious metals and jewellery. As a result of its successful launch and steadily increasing demands, the group has expanded its main business with the introduction of two other subsidiaries in Bahrain, while also expanding its presence on a continental level by reaching out to the UAE, Singapore and India.
Export Bahrain has strategically assisted SMEs based in Bahrain to export more than 56 different categories of products and services across various economic sectors. Since its inception in November 2018, Export Bahrain has supported products and services manufactured in Bahrain to reach more than 57 markets across the GCC, Asia, Africa, Europe, Australia, UK and USA.
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