Bahrain's Labour Fund (Tamkeen) has announced its support for the career development of over 150 Bahraini employees at Midal Cables Company.
This support comes through the Wage Increment Programme, which covers up to 20% of the salary increases for employees for two years.
Midal Cables is one of the leading Bahraini companies in the aluminium manufacturing industry, with 47 years of standing in producing rods, wires, and electrical cables for transmitting electricity worldwide. The company exports its products to more than 60 countries, including the US and Europe.
Developing local talent
Maha Abdulhameed Mofeez, Tamkeen Chief Executive, said: “We commend Midal Cables for its strong focus on developing local talent within the company. This support will encourage local talents to strive for excellence and work diligently to advance the growing manufacturing sector in the kingdom. The manufacturing sector contributed 13% to the GDP in 2023, making it the second largest contributor to the national economy after the financial services and insurance sector.”
Group Chief Executive of Midal Cables, Khaled Abdul Latif, added: “We look forward to promoting our employees benefiting from Tamkeen's career development support programmes. This will lead to increased employee loyalty and productivity, which will positively impact the company's revenues and output in the long term.”
Since 2017 Midal Cables Company has been committed to developing the skills of national talents and enhancing their growth opportunities by utilising various Tamkeen support programmes. This support has included various courses and training programmes. The company aims to provide more new job opportunities for Bahrainis in the future.--TradeArabia News Service