Bahrain is starting to focus more attention on social businesses in their country.  The Family Bank in partnership with the Economic Development Board, Ministry of Social Development, Tamkeen, the Bahrain Chamber of Commerce and Industry, and the Bahrain Development Bank organized the first Bahrain Social Business Week earlier this year in September. Muhammad Yunus, founder of the Grameen Bank, was one of the speakers participating in the four-day event.  Professor Yunus expressed confidence in Bahrain being “well-placed to become a regional social business hub”.  The Minister of Social Development for Bahrain, Dr. Fatima Al Beloushi, explained what can be done going forward to raise the level of income generation and thus the quality of life for the poor and deprived.  The country is looking at creating social business centers in universities to become part of the curriculum.  Additionally, they want to connect the universities to each other in order to exchange ideas and concepts.  Sounds like Bahrain is on its way to having thriving social businesses!

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About Katherine Rodota

Katherine is a recent graduate from Cal Poly San Luis Obispo where she studied International Business and French. She is currently working at a private equity firm in the San Francisco Bay Area. Katherine loves to travel, and recently spent her summer volunteering in Mauritius.