Gold Prices Rise in Baghdad and Erbil Amid Strong Demand

Baghdad/Erbil, February 4, 2026 – Iraq gold prices continued to climb on Wednesday, reaching 1.06 million IQD per mithqal in Baghdad and Erbil, continuing...
HomeInvestmentBahrainBahrain Industry Ministry Enhances Industrial Plots Leasing Service

Bahrain Industry Ministry Enhances Industrial Plots Leasing Service

Manama, Jan. 19, 2026 — The Ministry of Industry and Commerce has upgraded the industrial plots leasing service to boost efficiency and improve user experience. As a result, the initiative supports wider government goals focused on service quality and procedural reform.

First, the Ministry streamlined the review and approval stages for leasing requests. Consequently, officials reduced processing times across the service. At the same time, the Ministry removed several documentation requirements. For example, investors no longer submit ID copies, passports, company structures, or product images.

Meanwhile, the Ministry achieved these improvements through system integration with other government entities. In addition, automation now handles internal review processes. Therefore, applicants complete procedures faster and with less administrative burden.

According to Abdulla bin Adel Fakhro, Minister of Industry and Commerce, the service reflects a strong commitment to digital innovation. Moreover, he explained that the update improves transparency and ensures better use of government resources. As a result, beneficiaries save both time and effort.

Furthermore, the development aligns with broader government transformation initiatives. Currently, authorities have documented more than 1,300 government services. Additionally, officials have reengineered nearly 800 services across multiple sectors. Thus, these reforms strengthen efficiency and service quality nationwide.

At the same time, the updated leasing service supports investors and industrial developers. Specifically, faster approvals encourage companies to expand operations. Consequently, Bahrain strengthens its position as an attractive destination for industrial investment.

Moreover, the Ministry expects the service to improve coordination between public institutions. As a result, investors experience clearer processes and predictable timelines. Therefore, confidence in the industrial regulatory environment continues to grow.

Looking ahead, the Ministry plans further digital enhancements. For instance, officials aim to introduce advanced automation and data-sharing tools. Ultimately, these steps will further reduce bureaucracy and improve competitiveness.

In addition, the Ministry will actively collect feedback from beneficiaries. Then, officials will adjust procedures to meet evolving market needs. As a result, the service will remain responsive and investor-focused.

Overall, the enhanced industrial plots leasing service highlights Bahrain’s commitment to economic modernization. Consequently, digital reform continues to play a central role in supporting sustainable industrial growth and long-term investment development.