The “Chamber” general agrees to amend its law and enable members to choose the president from among them

The Bahrain Chamber of Commerce and Industry held its general assembly headed by the Chairman of the Board of Directors, His Excellency Mr. Samir bin Abdullah Nass, and in the presence of 406 members of the General Assembly of the Chamber’s registered and supportive of their annual subscriptions, representing 1.11% of the total members of the paid, this came in light of the review of financial and administrative reports and decisions that would support the private sector and enhance its role in the national economy, in a environment focused on promoting transparency And the active participation of the Chamber’s members in discussing economic and commercial issues.

The General Assembly approved the minutes of the meeting of the ordinary general assembly held on April 28, 2024, and approved the annual report of the Board of Directors for the Chamber’s activity for the year 2024, and approved the financial situation and the report of the external account auditor for the fiscal year 2024, and agreed to nominate the board of directors to appoint (BDO) as an external auditor for the Chamber for the fiscal year 2025, and authorize the Board of Directors By negotiating with the company and concluding the contract with it.

As for the item of the new works, the General Assembly agreed to amend Article (26) of Decree Law No. (48) for the year 2012 and Article (30) of the executive regulations of the decree regarding the Bahrain Chamber of Commerce and Industry, and delegating the Board of Directors to take the necessary legal measures, in coordination with the executive and legislative authority, to amend the Chamber’s law and its executive regulations, in order to achieve the registration of the registration for members in choosing the president from among them.

Nass said – in his speech during his presidency of the meeting of the General Assembly of the Chamber that the annual report of the Chamber reviewed the achievements achieved during the past year, pointing to the increase in the frequency of development activities and events, explaining that the Chamber seeks to achieve more successes through the efforts of its members in line with the economic trends of the Kingdom of Bahrain as well as its commitment to provide the best services to its employees, and enhance its role as a major representative of the business community from During the development of strategic partnerships, launching qualitative initiatives and providing innovative solutions to economic challenges.

He expressed his sincere thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa, the king of the country, may God protect him, and to His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, may God protect him – for the support and interest that the private sector finds, indicating that the Chamber witnessed continuous communication with the rational leadership, where the delegation of the Chamber met with the monarch of the country and His Royal Highness the Crown Prince, the Crown Prince, the Crown Prince on an ongoing way Ways to develop the investment environment and enhance the competitiveness of the Bahraini economy, stressing the importance of the role of the private sector as a major partner in implementing Bahrain’s economic vision 2030, which aims to achieve sustainable development and competitiveness various economic sectors.

On the internal level, Nass indicated that the Chamber implemented its strategic plan for the 30th session by offering 22 initiatives, including support for the business environment, stimulating investment, and providing visuals on some economic legislation, including amendments to the Social Insurance Law to protect small and medium enterprises from additional financial burdens, and called for updating checks laws to ensure the stability of financial transactions.

Nass noted that the Chamber, in the context of its continuous endeavor to enhance its role as a major axis in developing the national economic environment, organized its third annual conference for the permanent committees under the slogan “towards an economic environment that stimulates growth and investment”, where this event witnessed the presence of a group of prominent economic experts and private sector leaders, during which the current economic challenges were discussed and innovative solutions aimed at supporting investments and enhancing Bahrain’s competitiveness on The regional and international levels, with the great impact in enhancing communication and cooperation between the various national economic sectors.

With regard to cooperation with government agencies, Nas explained that the Chamber has strengthened its strategic partnership through repeated meetings with the relevant ministries, as well as holding meetings with the Saudi Bahraini Coordination Council, with the aim of supporting trade and investment relations between the two countries, and several qualitative initiatives to support the private sector have launched, including launching the “Distinguished Support Path” program to provide legal and economic advice to business owners in addition to supporting the shift towards green technology through programs Incentive for startups.

In addition, the Chamber proposed the establishment of the “Unified Gulf Commercial Observatory” in cooperation with the General Secretariat of the Cooperation Council for the Arab States of the Gulf, and continued to present the “Try Work” program as an innovative training platform aimed at enabling Bahraini youth to have a practical experience in the labor market, and explore the various economic sectors, which enhances their skills and qualifies them for the competitive labor market in a way that confirms the Chamber’s commitment to developing the business environment.

People praised the pivotal role played by the members of the Chamber, stressing that the achievements achieved would not have been achieved without their continuous support and active participation, adding that business community men completely realize their national responsibilities, and feel their duty towards their home Various.

He pointed out that the Chamber was keen to enhance its role as a cognitive experience that supports decision -makers and business owners, as four in -depth analytical studies were prepared on the most prominent economic challenges and ways to confront them, and issued three quarterly economic reports entitled “An overview of the local economy”, in addition to launching 35 economic questionnaires to monitor market directions and evaluate the performance of various sectors, noting the efforts The Chamber made it to enhance the legal environment supporting the business sector, as it contributed to the formulation of more than 75 legal visual visualism in cooperation with the relevant authorities, and these efforts resulted in 180 influential recommendations that supported the process of economic decision -making.

Nass said that in 2024 the Chamber organized more than 85 specialized economic activities, which included conferences, seminars, workshops and discussion episodes, which provided opportunities for merchants and decision makers to discuss economic challenges and new legislation, how much the Chamber entered into 6 memoranda of understanding with prestigious global institutions to enhance legal and commercial partnerships and exchange experience From 330 meetings and economic meeting to enhance communication between the Bahraini business community and its regional and international counterparts, which enhances Bahrain’s position as a pioneering commercial and investment center.

In his review of the achievements of 2024, people stressed the continuous commitment of the room to support the private sector and enhance Bahrain’s position as a pioneering commercial and investment center and move forward towards achieving Bahrain’s economic vision 2030, based on a clear vision and solid will, and supported by the directives of the wise leadership that continues its tireless support for the private sector and the national economy, indicating that the Chamber continued during 2024 to strengthen Bahrain’s regional and international status, through its presidency The Union of Arab Chambers and the signing of cooperation agreements with prominent international organizations, such as the World Trade Organization and the United Nations, contributed to the union’s joining as an observer member of the organization, and the Chamber also adopted supportive positions for Arab issues, foremost of which is the Palestinian issue, as it called for the adoption of economic policies that enhance Arab interests and support economic integration between the sister Arab countries.

After that, His Excellency Mr. Khalid bin Muhammad Najibi, First Deputy Chairman of the Board of Directors of the Bahrain Chamber of Commerce and Industry, was chaired by His Excellency Mr. Samir bin Abdullah Nass, Chairman of the Board of Directors, where he announced during the meeting that the Chamber received on March 27, 2025, a reasonable and signed written request from 69 members of the General Assembly, calling for the inclusion of the subject of amending Article (26) of Decree Law No. (48) for the year 2012, and Article (30) of the executive regulations for the same decree, Within the agenda of the General Assembly, under the item “What is new is new.

Najibi explained that the Customer Service Department in the Chamber reviewed the request and verified its fulfillment of the legal conditions, as it was found that 57 members of the signatories meet the controls stipulated in Article (15) of Decree Law No. (48) of 2012, which permit the inclusion of topics not listed on the agenda based on a written request from at least fifty members, submitted before the date of the meeting at least at least.

Najibi stressed that based on the fulfillment of the demand for the requirements, the issue was included on the agenda for discussion in the General Assembly, where the request came supported by a number of justifications, most notably: “Enhancing the flexibility of commercial work by enabling the General Assembly, as the highest authority, to choose its representatives in a broader way, and enabling the elected board members to choose the Chairman of the Council among them, similar to what is in practice in civil society institutions and my council Shura and deputies, without a roof restricting private sector options. “

The discussion concluded that a decision formula to delegate the Board of Directors to take the necessary legal measures, in coordination with the executive and legislative authorities, to amend the Chamber’s law and its executive regulations, in order to allow the lifting of the restriction imposed on the members of the council in choosing their president from among them.