Tamkeen (Labor Fund) – Arabian Business Directory

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Tamkeen is the Kingdom of Bahrain’s Labour Fund, established in 2006 and tasked with the responsibility of empowering Bahrainis to become employee of choice and enabling the private sector to become the key engine of economic growth, to serve the purpose of achieving sustainable economic development in Bahrain. Tamkeen works with committed enterprises to build their capabilities and allow them to innovate, grow, transform, digitalize, become more productive and potentially internationalize. Tamkeen also works with committed Bahraini talent to help them upskill and re-skill, ensuring that they are competitive both locally and internationally. Tamkeen works with other key government players as part of Team Bahrain to drive the government’s vision for the Kingdom across various economic initiatives, including the national economic recovery plan. For more information about Tamkeen, visit: www.tamkeen.bh
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Maha Mofeez

Chief Executive Officer

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Dr. Jarmo Kotilaine

Economic Advisor

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Qusay Al Arayedh

Advisor

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Reem AlAlawi

Chief Legal & Monitoring Officer

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Najma AlWadi

Chief Technology Officer

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Alya Alaali

Chief Strategy & Data Analytics Officer

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Waleed Allen

Executive Director - Data Analytics and Performance Management

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Ali Hasan

Executive Director - Programs & Partnership Development

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Esam Hammad

Executive Director - Marketing & Customer Experience

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Khalid AlBayat

Chief Growth Officer

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Emma Almansoori

Executive Director - Project Assessment

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Fahad Buali

Executive Director - Monitoring

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Amer Marhoon

Managing Director - Skills Bahrain

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Abdulla AlJowder

Executive Director - Development, Information Technology

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Eman Al Sharif

Chief Human Resources Officer

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Ali Al Hayki

Chief Financial Officer

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Nada Din

Executive Director - Sector Skills Development / Skills Bahrain

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Mohammed Sameeh Alalawi

Director - Performance Management

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Marwa Jaffar AlEskafi

Director - Human Capital & Enterprise Programs

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Farah Ayad Rabea

Director - Marketing & Communications

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Ahmed Hasan Mohamed

Director - Customer First

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Amal Mohamed Jehad

Director - Channels

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Nuha Abed Sulaiman

Director - Enterprise Program

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Hamad Mohamed Taher

Director - Human Capital Programs

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Samar Othman Husain

Director - Human Capital Monitoring

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Ali Hasan Mustafa

Director - Performance Data Monitoring

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Mohammed Abdulhameed Alkooheji

Director - Corporate Governance & Compliance

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Ahmed Salman Al Ghatam

Director - Talent Management & Operations

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Mazen Yusuf AlSaleh

Director - Business & Sector Intelligence

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Tamkeen backs Bahraini employees

The Labour Fund (Tamkeen) has announced its support for wage increments for 35 Bahraini employees at Maskati Bros & Co. Tamkeen also facilitated leadership and managerial positions for five others at the company through its Leadership Employment Programme. This initiative aims to empower local talent and enhance their career progression within the private sector. Maskati Bros & Co will also benefit from Tamkeen s financing support in partnership with local banks to implement expansion plans and double its production capacity. This support aligns with Tamkeen s 2025 strategic priorities focusing on enhancing the competitiveness of Bahrainis in the private sector equipping them with necessary skills and prioritising enterprise growth digitisation and sustainability. Khalid Al Bayat chief growth officer at Tamkeen said Supporting the career development of Bahraini talent through wage increments and facilitating their progression into leadership roles reflects Tamkeen s commitment to positioning Bahrainis as the preferred choice for employment. Our support for Maskati Bros & Co benefits 40 Bahraini employees and contributes to our shared objectives. Nawaf Al Maskati chief executive of Maskati Bros & Co affirmed the organisation s dedication to supporting national talent. Established in 1956 Maskati Bros & Co. is a leading Bahraini enterprise involved in manufacturing trading financial investments real estate and consumer goods. Its production facilities have an annual capacity exceeding 75 000 tonnes. Tamkeen offers various programmes to support employment and career development for Bahraini professionals ensuring they remain the first choice of employment. Additionally Tamkeen provides enterprise support programs to strengthen the private sector as the main driver of economic growth.

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Tamkeen announces partnership with Coursera

The Labour Fund (Tamkeen) announced a partnership with global platform Coursera to provide virtual training opportunities in various high-demand fields for the Bahraini workforce. This initiative is part of Tamkeen s ongoing efforts to support the development of skills and high-quality training for Bahrainis as well as enhance their competitiveness both locally and globally. Coursera has partnered with Etijah Coaching & Consulting as a local provider to manage the operations. This initiative will offer Bahraini professionals access to a wide range of training programmes and professional certifications available on the Coursera platform which features more than 12 000 internationally accredited courses and projects. The initiative will also contribute to the professional development of Bahrainis helping them refine their skills through interactive learning experiences that offer recognised certifications. In addition the platform provides easy access to high-quality education and training regardless of time and location which facilitates the successful joining and completion of programmes by trainees. The programme will also offer a track for jobseekers which will offer guidance for them to build a tailored career pathway and plan that enables them to complete the training to get employment opportunities taking into consideration the skills and specialties required in the labor market. Tamkeen chief executive Maha Mofeez underscored Tamkeen s commitment to offering quality programmes and initiatives aimed at enhancing training and professional development opportunities for Bahraini talent in efforts to strengthen their competitiveness making them the preferred choice for employment in the labour market. Ms Mofeez said that efforts are ongoing to strengthen partnerships with international training institutions ensuring high-quality and flexible training opportunities for Bahraini citizens. She emphasised the goal of supplying the labour market with skilled national talent that meets private sector demands enhancing productivity and sustainability in line with Tamkeen s strategic priorities. Kais Zribi Coursera s general manager for the Middle East and Africa expressed enthusiasm about partnering with Tamkeen to equip Bahrainis with essential skills for the digital economy. He highlighted that the initiative provides flexible learning paths and career-focused credentials ensuring Bahrain s workforce remains competitive in a rapidly changing job market influenced by AI and technological advancements.

Read More
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Tamkeen supports 16 Bahraini startups at Web Summit 2025

The Labour Fund (Tamkeen) said it is supporting 16 Bahraini startups at the Web Summit Qatar 2025 a three-day event that ends tomorrow. The event one of the world s largest technology gatherings brings together thousands of entrepreneurs investors and tech leaders Tamkeen said. The initiative aligns with Tamkeen s 2025 strategic priorities which focus on boosting the competitiveness of Bahrainis in the private sector developing their skills and prioritising enterprise growth digitisation and sustainability. Participating startups will have the opportunity to connect with global entrepreneurs and investors exchange ideas and build partnerships Tamkeen said. They will also participate in panel discussions and pitch contests. The Web Summit Qatar is expected to attract over 15 000 participants from 180 countries including 400 investors and 1 000 tech startups. Tamkeen offers various programmes to support the employment and career development of Bahraini nationals aiming to make them the preferred choice for private sector employment.

Read More
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Tamkeen kicks off leadership skills programme for Bahrainis

The Labour Fund (Tamkeen) announced the commencement of the first cohort of the leadership skills programme offered in partnership with Harvard Business Corporate Learning and EMIC Training a Bahrain-based professional and academic training institute under the ELM Education Fund part of Bahrain Mumtalakat Holding Company and Harvard Business Corporate Learning. The programme comes as part of the Executive Leadership Training Initiative launched by Isa Bin Salman Education Charitable Trust board of trustees chairman and Labour Fund (Tamkeen) board of directors chairman Shaikh Isa bin Salman bin Hamad Al Khalifa to provide high-quality opportunities for Bahraini talent. The programme provides training opportunities for 200 Bahrainis through two tracks designed for leaders currently employed in the private sector at mid-level and executive levels with each track tailored to meet the specific needs of its participants. The first cohort includes 100 Bahraini participants from various economic sectors and backgrounds such as entrepreneurs executives and leaders from enterprises of different sizes. The participants were selected following a highly competitive and rigorous assessment process. Joining the track for mid-level managers 50 of the participants will attend a training programme focused on equipping them with essential management and influence skills such as effective communication strategies for motivating and developing their employees and productivity-enhancing management techniques. Another 50 participants will join the track for executive-level managers which is focused on the top ten leadership competencies aligned with the kingdom s vision including communication and influence resilience and agility in responding to challenges leveraging digital transformation and more. The programme aligns with Tamkeen s strategic priorities for 2025 which focuses on enhancing the position and competitiveness of Bahrainis in the private sector equipping Bahrainis with suitable skills for career development in the private sector and prioritising enterprise growth digitisation and sustainability and supporting the development of the ecosystem surrounding the labour market and private sector.

Read More
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Tamkeen revamps career development programmes

Tamkeen has unveiled enhancements to its career development programmes aiming to strengthen the skillsets and leadership potential of the national workforce. The move aligns with Tamkeen s 2024 strategy focused on boosting economic participation and private sector development. The revamped programmes target to empower 50 000 Bahrainis annually through targeted initiatives and partnerships. A key update involves the Leadership Employment Programme which now offers incentives for companies to raise wages of Bahraini employees promoted to leadership roles. Tamkeen will cover 100 per cent of wage increases ranging from 5pc to 20pc for 24 months subject to eligibility criteria. The Enterprise Training Support Programme also received an upgrade expanding coverage to include accredited certifications in specialised technical leadership and administrative skills alongside internal training programmes. This broader support aims to equip Bahrainis with in-demand skillsets for career advancement. Tamkeen will also offer 50pc support for certifications related to personal and local skills development. The programmes are instrumental in developing our national workforce and fostering partnerships with the private sector said Tamkeen chief executive Maha Mofeez. She emphasised the commitment to incentivise employee growth while urging institutions to prioritise workforce development. These initiatives Ms Mofeez added promote employee retention enhance career prospects for Bahrainis and empower them to build successful professional futures. Tamkeen s efforts have demonstrably impacted the labour market. Since 2023 the organisation has facilitated job placements for over 12 300 Bahrainis and provided training support to 10 700 individuals. Additionally more than 5 100 institutions have benefitted from Tamkeen s programmes highlighting its widespread influence. The revamped programmes dovetail with Tamkeen s 2024 strategic pillars: increasing economic participation through job creation expanding career development opportunities for Bahrainis and fostering private sector growth through enterprise support and technology adoption.

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Tamkeen backs Bahraini employees

The Labour Fund (Tamkeen) has announced its support for wage increments for 35 Bahraini employees at Maskati Bros & Co. Tamkeen also facilitated leadership and managerial positions for five others at the company through its Leadership Employment Programme. This initiative aims to empower local talent and enhance their career progression within the private sector. Maskati Bros & Co will also benefit from Tamkeen s financing support in partnership with local banks to implement expansion plans and double its production capacity. This support aligns with Tamkeen s 2025 strategic priorities focusing on enhancing the competitiveness of Bahrainis in the private sector equipping them with necessary skills and prioritising enterprise growth digitisation and sustainability. Khalid Al Bayat chief growth officer at Tamkeen said Supporting the career development of Bahraini talent through wage increments and facilitating their progression into leadership roles reflects Tamkeen s commitment to positioning Bahrainis as the preferred choice for employment. Our support for Maskati Bros & Co benefits 40 Bahraini employees and contributes to our shared objectives. Nawaf Al Maskati chief executive of Maskati Bros & Co affirmed the organisation s dedication to supporting national talent. Established in 1956 Maskati Bros & Co. is a leading Bahraini enterprise involved in manufacturing trading financial investments real estate and consumer goods. Its production facilities have an annual capacity exceeding 75 000 tonnes. Tamkeen offers various programmes to support employment and career development for Bahraini professionals ensuring they remain the first choice of employment. Additionally Tamkeen provides enterprise support programs to strengthen the private sector as the main driver of economic growth.

Read More
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Tamkeen announces partnership with Coursera

The Labour Fund (Tamkeen) announced a partnership with global platform Coursera to provide virtual training opportunities in various high-demand fields for the Bahraini workforce. This initiative is part of Tamkeen s ongoing efforts to support the development of skills and high-quality training for Bahrainis as well as enhance their competitiveness both locally and globally. Coursera has partnered with Etijah Coaching & Consulting as a local provider to manage the operations. This initiative will offer Bahraini professionals access to a wide range of training programmes and professional certifications available on the Coursera platform which features more than 12 000 internationally accredited courses and projects. The initiative will also contribute to the professional development of Bahrainis helping them refine their skills through interactive learning experiences that offer recognised certifications. In addition the platform provides easy access to high-quality education and training regardless of time and location which facilitates the successful joining and completion of programmes by trainees. The programme will also offer a track for jobseekers which will offer guidance for them to build a tailored career pathway and plan that enables them to complete the training to get employment opportunities taking into consideration the skills and specialties required in the labor market. Tamkeen chief executive Maha Mofeez underscored Tamkeen s commitment to offering quality programmes and initiatives aimed at enhancing training and professional development opportunities for Bahraini talent in efforts to strengthen their competitiveness making them the preferred choice for employment in the labour market. Ms Mofeez said that efforts are ongoing to strengthen partnerships with international training institutions ensuring high-quality and flexible training opportunities for Bahraini citizens. She emphasised the goal of supplying the labour market with skilled national talent that meets private sector demands enhancing productivity and sustainability in line with Tamkeen s strategic priorities. Kais Zribi Coursera s general manager for the Middle East and Africa expressed enthusiasm about partnering with Tamkeen to equip Bahrainis with essential skills for the digital economy. He highlighted that the initiative provides flexible learning paths and career-focused credentials ensuring Bahrain s workforce remains competitive in a rapidly changing job market influenced by AI and technological advancements.

Read More
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Tamkeen supports 16 Bahraini startups at Web Summit 2025

The Labour Fund (Tamkeen) said it is supporting 16 Bahraini startups at the Web Summit Qatar 2025 a three-day event that ends tomorrow. The event one of the world s largest technology gatherings brings together thousands of entrepreneurs investors and tech leaders Tamkeen said. The initiative aligns with Tamkeen s 2025 strategic priorities which focus on boosting the competitiveness of Bahrainis in the private sector developing their skills and prioritising enterprise growth digitisation and sustainability. Participating startups will have the opportunity to connect with global entrepreneurs and investors exchange ideas and build partnerships Tamkeen said. They will also participate in panel discussions and pitch contests. The Web Summit Qatar is expected to attract over 15 000 participants from 180 countries including 400 investors and 1 000 tech startups. Tamkeen offers various programmes to support the employment and career development of Bahraini nationals aiming to make them the preferred choice for private sector employment.

Read More
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Tamkeen kicks off leadership skills programme for Bahrainis

The Labour Fund (Tamkeen) announced the commencement of the first cohort of the leadership skills programme offered in partnership with Harvard Business Corporate Learning and EMIC Training a Bahrain-based professional and academic training institute under the ELM Education Fund part of Bahrain Mumtalakat Holding Company and Harvard Business Corporate Learning. The programme comes as part of the Executive Leadership Training Initiative launched by Isa Bin Salman Education Charitable Trust board of trustees chairman and Labour Fund (Tamkeen) board of directors chairman Shaikh Isa bin Salman bin Hamad Al Khalifa to provide high-quality opportunities for Bahraini talent. The programme provides training opportunities for 200 Bahrainis through two tracks designed for leaders currently employed in the private sector at mid-level and executive levels with each track tailored to meet the specific needs of its participants. The first cohort includes 100 Bahraini participants from various economic sectors and backgrounds such as entrepreneurs executives and leaders from enterprises of different sizes. The participants were selected following a highly competitive and rigorous assessment process. Joining the track for mid-level managers 50 of the participants will attend a training programme focused on equipping them with essential management and influence skills such as effective communication strategies for motivating and developing their employees and productivity-enhancing management techniques. Another 50 participants will join the track for executive-level managers which is focused on the top ten leadership competencies aligned with the kingdom s vision including communication and influence resilience and agility in responding to challenges leveraging digital transformation and more. The programme aligns with Tamkeen s strategic priorities for 2025 which focuses on enhancing the position and competitiveness of Bahrainis in the private sector equipping Bahrainis with suitable skills for career development in the private sector and prioritising enterprise growth digitisation and sustainability and supporting the development of the ecosystem surrounding the labour market and private sector.

Read More
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Tamkeen revamps career development programmes

Tamkeen has unveiled enhancements to its career development programmes aiming to strengthen the skillsets and leadership potential of the national workforce. The move aligns with Tamkeen s 2024 strategy focused on boosting economic participation and private sector development. The revamped programmes target to empower 50 000 Bahrainis annually through targeted initiatives and partnerships. A key update involves the Leadership Employment Programme which now offers incentives for companies to raise wages of Bahraini employees promoted to leadership roles. Tamkeen will cover 100 per cent of wage increases ranging from 5pc to 20pc for 24 months subject to eligibility criteria. The Enterprise Training Support Programme also received an upgrade expanding coverage to include accredited certifications in specialised technical leadership and administrative skills alongside internal training programmes. This broader support aims to equip Bahrainis with in-demand skillsets for career advancement. Tamkeen will also offer 50pc support for certifications related to personal and local skills development. The programmes are instrumental in developing our national workforce and fostering partnerships with the private sector said Tamkeen chief executive Maha Mofeez. She emphasised the commitment to incentivise employee growth while urging institutions to prioritise workforce development. These initiatives Ms Mofeez added promote employee retention enhance career prospects for Bahrainis and empower them to build successful professional futures. Tamkeen s efforts have demonstrably impacted the labour market. Since 2023 the organisation has facilitated job placements for over 12 300 Bahrainis and provided training support to 10 700 individuals. Additionally more than 5 100 institutions have benefitted from Tamkeen s programmes highlighting its widespread influence. The revamped programmes dovetail with Tamkeen s 2024 strategic pillars: increasing economic participation through job creation expanding career development opportunities for Bahrainis and fostering private sector growth through enterprise support and technology adoption.

Read More

PRODUCT & SERVICES

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Tamkeen launches updated financial services sector skills report

Bahrain s Labour Fund (Tamkeen) has announced the release of the updated Financial Services Sector Skills Report as part of the Skills Bahrain initiative and developed in collaboration with private sector stakeholder holders government entities and education and training providers. This update is part of ongoing efforts to enhance workforce skills improve productivity and support sustainable economic growth in the Kingdom of Bahrain. The report builds upon the findings of the initial report published in 2022 which provided an overview of the needs of the workforce in the sector and identified its skill gaps. The latest version reflects the sector s evolving landscape with updated content aligned to current labour market developments and the Core Skills Framework launched in 2024. The report categorizes sect...

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Tamkeen, Zoho launch new programme for Bahraini SMEs

Bahrain s Labour Fund (Tamkeen) has announced the launch of a new programme to support digital transformation for the local small and medium enterprises (SMEs) in partnership with Zoho a leading global technology company. Unveiling the new programme Tamkeen said it will provide enterprises with access to Zoho s solutions for a period of two years. This includes a licence to utilise Zoho s operating system for business Zoho One which offers over 50 integrated apps for business management which will significantly enhance digital transformation efforts for these enterprises. The platform also offers a wide range of features including customer service management tools sales automation HR and finance management marketing management data analysis tools and more said Tamkeen in a statement. This program is part of many...

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17 Bahraini firms to enter KSA under Tamkeen-AstroLabs scheme

Seventeen Bahraini companies will expand into the Saudi market through Tamkeen s Overseas Expansion Program in partnership with AstroLabs. AstroLabs the Gulf s leading business expansion platform in partnership with Tamkeen will onboard a second wave of companies into its Overseas Expansion Program. Since the launch of the initiative AstroLabs and Tamkeen have successfully onboarded two cohorts of high-potential businesses all poised to solidify their presence in the Saudi market a market with high growth opportunities and a strategic gateway to regional expansion. Tamkeen s partnership with AstroLabs aligns with its strategic priorities for 2025 which focus on enhancing the position and competitiveness of Bahrainis in the private sector equipping Bahrainis with suitable skills for career development in the private sector and prioritizi...

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Mastercard, Tamkeen to launch new SME initiative in Bahrain

The Mastercard Center for Inclusive Growth and Bahrain s Labour Fund (Tamkeen) has announced a landmark strategic partnership to explore projects that promote financial and digital readiness for Small and Medium Enterprises (SMEs) in Bahrain. The partnership will bring the centre s flagship small business programme Mastercard Strive to Bahrain so SMEs can operate more efficiently through financial and digital tools said a statement. A first of its kind the partnership aims to create a scalable model of collaboration between the kingdom and the centre to drive inclusive economic growth in the country empower local small businesses and entrepreneurs and strengthen the Kingdom s private sector as a key driver of national development. This partnership marks a significant step in the region as Bahrain will house the first Mastercard Strive Proj...

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Tamkeen plans to train 50,000 Bahrainis in AI by 2030

Bahrain s Labour Fund (Tamkeen) has launched a first-of-its-kind bundle to train 50 000 Bahrainis in Artificial Intelligence by 2030. According to Tamkeen this initiative reflects the importance of investing in Bahraini talent to equip them with highly in demand skills and provide them with training and development opportunities that can facilitate their success through programs and initiatives designed to upskill national talent and enhance their competitiveness making them the employees of choice in the labor market. The Tamkeen move comes following the directives from its Chairman Shaikh Isa bin Salman bin Hamad Al Khalifa. The initiative include three main tracks to provide AI training. The first track aimed at leaders and executives is designed to shift the mindset of executives in Bahrain towards proactive AI adoption enabling them to utilize AI applications eff...

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Tamkeen backs Singapore Gulf Bank's hiring of 70 Bahrainis

Bahrain s Labour Fund (Tamkeen) has announced its support for Singapore Gulf Bank (SGB) the digital bank backed by the kingdom s sovereign wealth fund Mumtalakat and privately held investment group Whampoa Group in boosting the employment of skilled Bahraini professionals in high value positions within the financial services sector and assist the bank in launching its operations in Bahrain. This support aligns with Tamkeen s strategic priorities for 2025 which focuses on enhancing the position and competitiveness of Bahrainis in the private sector equipping them with suitable skills for career development in the private sector and prioritizing enterprise growth digitization and sustainability and supporting the development of the ecosystem surrounding the labour market and private sector. Speaking on the occasion CEO Maha Abdulhameed Mofeez said Tamkeen remains committed to continui...

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Tamkeen helps 14 Bahraini companies take part in LEAP 2025

Bahrain s Labour Fund (Tamkeen) has announced its support to 14 leading technology companies from the kingdom to take part in the fourth edition of LEAP 2025 Technology Conference in Riyadh Saudi Arabia. The event is one of the largest global gatherings dedicated to technology and innovation. Tamkeen s support of the Bahrain Pavillion organized by the Bahrain Technology Companies Society (BTECH) comes in line with its ongoing commitment to fostering the growth of local enterprises. The pavilion provides Bahraini companies the unique opportunity to engage with the global technology scene said the statement from Tamkeen. It will feature a distinguished selection of Bahraini tech companies including: Twazn Makkan Unipal Numuw Telemedicine Loyal Parcel Delivery Procode Sellou DesignEase Infinite C...

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Tamkeen publishes hospitality and tourism skills reports

Tamkeen has announced the launch of a new sector skills report highlighting the skills and jobs required in Bahrain s Hospitality and Tourism sector. The report aims to support the development of key professional skills aligned with the evolving needs of Bahrain s labor market whilst enhancing employment opportunities in the sector. This initiative reflects Bahrain s commitment to nurturing its local talent which serves as a cornerstone to achieving sustainable development. The report identifies the Hospitality and Tourism sector as a key contributor to the Kingdom s economy emphasizing its pivotal role in creating diverse job opportunities that empower Bahraini talent to thrive in this dynamic industry. Bahrain s competitive advantages make it a unique destination in the Hospitality and Tourism sector. Examples of th...

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Tamkeen launches Open Innovation Programme

Bahrain s Labour Fund (Tamkeen) has announced the signing of a partnership agreement with Brinc to launch the Open Innovation Programme. This programme will enable large enterprises to address the challenges they face by leveraging innovative solutions provided by startups and SMEs. The Programme is in its first edition and will focus on leading Bahraini enterprises in the manufacturing financial services and telecommunications sectors. The programme will assess the main challenges facing these enterprises and identify the most pressing challenge to address then match them with startups or SMEs to develop solutions that address these challenges. Strategic priority This programme complements Tamkeen s ongoing efforts to enhance the business ecosystem in Bahrain as part of...

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Tamkeen supports Trafco's expansion and wage hike

Bahrain s Labour Fund (Tamkeen) has announced its support for the expansion of Trafco Group a leading company in food trading distribution and storage through its Business Growth and Financing Support Programmes. This initiative will increase the company s frozen storage capacity by 30% equivalent to 3 940 storage units. Tamkeen also supported the wage increase of about 34 Bahraini employees within the group through the Wage Increment Programme. The support for Trafco Group aligns with Tamkeen s strategic priorities for 2024 under three pillars: increasing economic participation through employment opportunities for new market entrants expanding career development opportunities available to the Bahraini workforce and further developing the private sector by supporting enterprises to drive impact and sustainable development in the economy. span styl...

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Saudi HR solutions firm Tamkeen sets final offer price for IPO

Tamkeen Human Resources Company one of Saudi Arabia s premier providers of innovative human resources solutions has set the final offer price at SAR50 ( 13.3) per share following the successful completion of the individual investor offering period and final allotment of shares in relation to its initial public offering (IPO). The individual investor offering which took place from November 5 to 6 saw the shares being oversubscribed by 138.2 times said Tamkeen in a statement. The number of shares allocated to individual investors stood at 1.59 million offer shares representing 20% of the total stake on offer. The offering saw 389 012 individual investors place orders totaling SAR1.147 billion ( 305 million) reflecting a subscription coverage of 14.43 times for this tranche. The company allocated a minim...

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Tamkeen teams up with Amazon to boost Bahrainis' AI skills

Bahrain s labour fund Tamkeen has announced the launch of a national programme in collaboration with Amazon Web Services (AWS) aimed at developing and upskilling local talent in Artificial Intelligence. Through this initiative Tamkeen and AWS will provide the opportunity for Bahrainis to obtain three main qualifications related to generative artificial intelligence implementing machine learning technologies in production and operations and utilizing technology to address various business challenges. The announcement was made at the second edition of the Gateway Gulf Investment Forum hosted by the Kingdom of Bahrain. Held under the theme of Investing in a Rapidly Transforming Region the forum has attracted significant international participation from top government officials business leaders and executives. ...

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Saudi telcos to provide big data services to government agencies

Leading Saudi telecom companies - stc Zain and Mobily - have announced plans to form an alliance to provide innovative services and products to support decision-making in government agencies. The alliance is a qualitative initiative at the regional level as it was registered within the experimental regulatory environment for innovative solutions from communication service providers SandBox one of the Communications Space and Technology Commission initiatives. The alliance aims to maximize the benefit of analyzing large data in building innovative products and solutions that support decision-makers in government agencies to achieve their goals reported SPA. In addition to enabling them to improve performance efficiency the alliance will help boost productivity and also facilitate the provision of distinguished services in creative and innovative ways. &nbs...

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