Export Bahrain has signed a Memorandum of Understanding (MoU) with AstroLabs, a leading business expansion platform, to create a strategic partnership aimed at empowering Bahrain-based enterprises to expand into the key regional markets of Saudi Arabia and the United Arab Emirates.
Key Highlights
This partnership will provide a dedicated pathway for Bahraini businesses to scale regionally:
- Strategic Partnership: A formal collaboration between Export Bahrain and AstroLabs.
- Target Markets: The initial focus is on facilitating expansion into the Kingdom of Saudi Arabia and the United Arab Emirates.
- Core Offerings: The partnership will provide specialized market entry support, business development services, and capacity-building initiatives.
- Additional Support: The initiative aligns with financing and support programs that companies may benefit from through Tamkeen.
A Strategic Push into Priority Regional markets
The collaboration is a cornerstone of Export Bahrain’s strategy to enable local businesses to compete and succeed in high-growth regional markets. By leveraging AstroLabs’ deep expertise and on-the-ground presence, the partnership will provide Bahraini companies with a clear and structured path to establish and grow their operations in the GCC’s largest economies.
“This agreement marks an important milestone in our strategy to enable Bahrain-based businesses to compete and succeed in regional and international markets,” said Ms. Fatima Aziz Rostam, Executive Director of Operations at Export Bahrain.
A Comprehensive Support System for Expansion
The partnership will offer a wide range of services designed to enhance the competitiveness of Bahraini enterprises. This includes targeted workshops and training programs, facilitated participation in major industry exhibitions, and access to AstroLabs’ extensive regional and international network of partners and clients.
“As Bahrain’s most ambitious companies look to scale beyond their borders, Saudi Arabia stands out as a key destination,” said Joe Kobrianos, Chief Strategy Officer at AstroLabs. “Through this partnership, we’re proud to offer Bahraini businesses a clear path into the Kingdom, backed by AstroLabs’ on-the-ground expertise and proven track record.”
Source: Arab Founders
