News

Under the patronage of Minister of Energy His Excellency Dr. Abdul Hussain bin Ali Mirza, a cooperation Memorandum of Understanding (MoU) was signed between the National Oil and Gas Authority (NOGA) and Bahraini Businessmen’s Association (BBMA) on Tuesday, June 23. H.E. Dr. Mirza signed the MoU on behalf of NOGA and BBMA Board Chairman Mr. Ahmed Abdulla Bin Hindi for the association at a ceremony held at the NOGA office.

H.E. Dr. Mirza said on this occasion that the MoU was the first joint cooperation between NOGA and BBMA on topics of mutual interest, especially in areas such as business promotion and maximum advancement of Bahrain’s economy. He said the move would enhance strong relations between government sector and the business community and stimulate plans and sustainable development programs the Kingdom’s esteemed government seeks to achieve. The Minister said the BBMA played a key role in strengthening national economy as it enjoyed an advantage in areas such as organizational skills, innovation and market analysis, galvanised by its proximity to consumers.

H.E. Dr. Mirza said he was glad that the MoU aimed to promote cooperation in areas such as consultancy and information sharing, promoting joint cooperation and participation in various events, seminars and conferences organized by the two parties. The agreement would also encourage technical and logistical support in programs and activities by both sides. In addition, it would pave way to visits by commercial and industrial delegations, hosted by the two parties. It would also promote cooperation and active participation in training programs organized or co-organized by both parties, and contribute to increasing various aspects of cooperation in various fields, he said.

The Minister said the MoU would actively promote tourism to Bahrain through with numerous events and conferences organized or supported by NOGA as well as visits by trade and industrial delegations, which would contribute to the revitalization of commercial activity and the economy of the Kingdom. He said hotel occupancy and market movement increases especially during international conferences and exhibitions organized by or supported by NOGA, where BBMA could contribute by ensuring efficiency and in turn benefit highly from the training programs, specialized seminars and workshops held on the sidelines.

The signing ceremony was attended by H.E. Dr. Ahmed Ali Al Sharyan, the General Secretary of NOGA and Mr. Ali Abdul Jabar Al Sawad, General Manager of Strategies and Planning, Engineer Jassim Al Shirawi, General Manager of Oil and Gas Affairs as well as a number of senior NOGA officials and BBMA members.