Manama: Export Bahrain signed a Memorandum of Understanding (MoU) with AstroLabs to establish a strategic partnership aimed at empowering Bahrain-based enterprises of all sizes and sectors to expand into the markets of the Kingdom of Saudi Arabia and the United Arab Emirates.
According to Bahrain News Agency, this agreement will see both parties collaborate to provide specialised market entry support, business development services, and capacity-building initiatives to enhance the competitiveness of Bahraini enterprises regionally. The partnership also includes organising targeted workshops and training programmes, facilitating participation in major industry events and exhibitions, and providing access to AstroLabs' extensive regional and international network.
This partnership reflects the shared commitment of both parties to support the sustainable growth of Bahrain-based businesses and strengthen their presence in priority markets. It also aligns with financing and additional support programmes that companies may benefit from through Tamkeen, subject to the necessary approvals.
Fatima Aziz Rostam, Executive Director of Operations at Export Bahrain, expressed that this agreement marks an important milestone in their strategy to enable Bahrain-based businesses to compete and succeed in regional and international markets. The collaboration with AstroLabs equips these enterprises with the tools, expertise, and access needed for sustainable expansion into Saudi Arabia and the UAE.
Joe Kobrianos, Chief Strategy Officer at AstroLabs, highlighted that as Bahrain's most ambitious companies look to scale beyond their borders, Saudi Arabia stands out as a key destination. The partnership with Export Bahrain offers Bahraini businesses a clear path into the Kingdom, backed by AstroLabs' on-the-ground expertise and proven track record of enabling seamless market entry. This collaboration reinforces the shared vision of building stronger regional corridors and unlocking new growth opportunities across the Gulf.