Manama, The Labour Fund (Tamkeen) has announced its support for the wage increment of 50% of the Bahraini employees working at Diyar Al Muharraq, a leading real estate development company in Bahrain. This initiative falls under the Wage Increment Programme, which contributes to enhancing the career development of national talent in the private sector.
Diyar Al Muharraq is one of the leading real estate developers in the Kingdom, having developed one of the largest integrated cities. The Diyar Al Muharraq project provides residential, investment, commercial, entertainment, and healthcare solutions.
Tamkeen’s support for Diyar Al Muharraq aligns with its strategic priorities for 2024, focused on three main pillars: creating quality employment opportunities, supporting the career growth of Bahrainis in the private sector, and supporting private sector enterprises, thus contributing to sustainable economic growth.
Maha Abdulhameed Mofeez, Chief Executive of Tamkeen, said “The Wage Increment Programme aims to e
nhance the career development of Bahraini talent in the private sector, reflecting our role in creating quality opportunities for Bahrainis across all fields. We are proud of this partnership with Diyar Al Muharraq, one of the Kingdom’s leading real estate developers, operating in a growing sector that contributed 5.4% to the GDP last year”
Ahmed Ali Al Ammadi, Chief Executive Officer of Diyar Al Muharraq, also commented “Through the Wage Increment Programme, we have been able to reward our employees, enhance their career development, and strengthen their loyalty to the company, which positively impacts the company’s growth. We take pride in the fact that our successes are built by Bahrainis, and we work according to a vision aimed at strengthening the position of national talent in leadership roles within the company.”
It is worth noting that the Tamkeen has introduced a range of programmes aimed at supporting employment and career development for national talent, to make Bahrainis the preferred choice for
employment. This is in addition to multiple enterprise support programmes that enhance the private sector as the main driver of economic growth in the Kingdom.
Source: Bahrain News Agency
