Creating investment and incentive opportunities for some sectors. Among the objectives of the “Chamber” is the current stage of preparation for the apparatus for settling and resolving commercial disputes. “The Chamber” is the voice of the private sector and the commercial street “The Chamber” works to raise the contribution of medical and educational tourism regionally The presence of 22 goals for the Chamber’s Board of Directors in the current session A member of the Board of Directors of the Bahrain Chamber of Commerce and Industry, Bassem Al-Saee, revealed that the “chamber” is in the process of launching a device and center concerned with the settlement of And resolving disputes with the help of the Ministry of Justice, Islamic Affairs and Endowments, to consider disputes with amounts less than 500 thousand dinars. Al-Saei explained that the Bahrain Chamber of Commerce and Industry is working to raise the contribution of medical tourism regionally, especially that the Kingdom of Bahrain has many Bahraini and medical competencies, and is also working to raise the contribution of educational tourism regionally as well. The episode of newsdirectory3 weekly newspaper program “Bahrain in Figures” focused on the most important economic issues of concern to the commercial street. Regarding the latest details of establishing a center for settling and resolving commercial disputes in the Chamber and its objectives, Al-Saei – who heads the Center for Settlement of Commercial Disputes in the Bahrain Chamber of Commerce and Industry – explained that the stage of forming a body for settling and resolving disputes is currently underway, and one of the goals of the Chamber is to resolve existing disputes and find a settlement between the parties that It has a difference in order to develop the process, especially since resorting to the courts takes a long time, up to years, which may affect both parties, and instead of resorting to an alternative to litigation, there is a body concerned with settlement and reconciliation in resolving disputes between the two parties, stressing the importance of having A body concerned with settlement and reconciliation in resolving disputes between the two opposing parties, due to the high pressure on the judicial system in terms of the number of pending cases. Al-Saei stressed that the presence of a body to consider settling and resolving disputes will be a stimulus for the economic environment in the Kingdom of Bahrain, pointing to the existence of the Bahrain Chamber for Dispute Settlement, which looks into disputes over amounts of half a million dinars and more than that, and as for small disputes, there is no body concerned with resolving them. Pointing out that the majority of disputes are over small amounts, which are less than half a million dinars, which may be 200 thousand, 60 thousand, 80 thousand or 300 thousand dinars, and the new center of the Chamber will be concerned with these disputes with small amounts. Al-Saee explained that the Chamber studied all the existing systems and laws at present, and decided to adopt a global system that is followed and known globally, and its reference will be global, and it was not invented by the Chamber. He pointed out the Chamber’s keenness to train and qualify the dispute resolution staff and to have a high level of competence to listen to and resolve them, in addition to the presence of experts in dispute resolution, stressing the need for an information center for experts in various fields in order to consider some disputes with high efficiency and continuous evaluation on them in terms of Integrity, experience and competence of the highest standard. He pointed out that the Board of Directors approved the regulations of the Experts Center after submitting them to it, and the Chamber is currently in the process of submitting the Regulations of the Experts Center to the official authorities represented by the Ministry of Justice, Islamic Affairs and Endowments, given that the Ministry is an important party that has full knowledge of the Dispute Resolution and Settlement Chamber that the Chamber is in the process of launching. Where he held a meeting with the Minister of Justice, who welcomed the direction of the Chamber and gave instructions that the Ministry play its role in helping to organize workshops and training for experts who will manage disputes. He added that the Chamber is currently awaiting a final response from the Ministry to launch the Chamber’s Center for Dispute Resolution and Settlement. Stimulating the economy and about the Chamber’s direction to implement national initiatives to achieve economic growth and diversify sources of economic income. Al-Sa’i explained that this is an important part of the Chamber’s work today, except that it does not have the authority in terms of enacting laws, but the Chamber is considered the voice of the private sector and the commercial street, and it is working to solve some Obstacles and creating an economic climate that stimulates growth in attracting companies and investments and creating an encouraging economic environment and this is one of the goals of the House of Traders, pointing out that the Chamber is working on several files in order to stimulate the economic climate and to solve some existing obstacles and contribute to attracting foreign investments, as the Chamber had a major role In the past period, in the way it works with some files in a practical and deliberate manner, working on focusing on topics, preparing complete studies, questionnaires, and surveying information and data, all of which are based on the data available to the Chamber, and accordingly, the Chamber’s report is submitted and studied based on a specific topic to the Board of Directors, which plays its role By submitting it to the concerned authorities, stressing that the Chamber will continue to move forward in implementing its work at a faster pace, due to the presence of 22 goals for the Chamber’s Board of Directors in this session. He added that one of the goals of the 22nd Chamber is to create investment opportunities and create opportunities that stimulate some sectors such as the education sector and create a full component in the Kingdom of Bahrain of private educational institutions that can attract students from countries in the region and regionally because it is considered educational tourism and is considered one of the most important sectors that can attract Students from neighboring countries, and at the same time these students contribute to spending in the local economy and using existing services, and this is very important. Al-Saei referred to the issue of medical tourism, especially that the Kingdom of Bahrain has many Bahraini and medical competencies, as the Chamber is working to raise its regional contribution in attracting people from neighboring countries who wish to benefit from the competencies and expertise in the Kingdom, and these are all matters that the Chamber seeks to implement in addition to other points. And there are other things that are being worked on, and in the coming months, work will be done on various topics.
