Export Bahrain secures multiple deals to GCC, Indian and Asian markets

01 Nov 2021

Within its relentless efforts to empower Bahrain based businesses to expand into broader horizons, Export Bahrain has recently paved the way for its customers – Arihant and Wesal Jewellers, both of which are subsidiaries of Arihant Group, the leading precious metals distributer headquartered in Bahrain, to seal multi-million US-Dollar deals with five new international customers. The announcement was made at the Bahrain pavilion at the ongoing Expo 2020 Dubai, where Export Bahrain patronised the signing of business agreements between Arihant and Wesal Jewellers and five leading merchants in Dubai, KSA and Oman and Hong Kong enabling them to seamlessly export their premium jewellery and precious products to bigger international markets.

The step comes within Export Bahrain’s unwavering commitment to support Bahrain-based businesses to expand their operations to broader horizons and explore new potential markets globally. Export Bahrain seeks to further utilise its export-focused solutions and initiatives to encourage more businesses in Bahrain to tap into new international markets through targeted support in key areas, such as export credit insurance, logistics support, access to global data and actionable market intelligence, export facilitations along with other initiatives to enable exporters to take on more challenging, high-growth export markets.

Headquartered in Bahrain since 1991, Arihant Group offers precious metals and ornaments in Bahrain.  Following a hugely successful launch and growing demands, the Group expanded its key businesses with the introduction of two other subsidiaries in Bahrain while also stretching its presence continentally by reaching UAE, Singapore and India.

Commenting on the occasion, Ms. Safa Sharif Abdulkhaliq, Export Bahrain Acting Chief Executive, stated: “We are glad to announce the signing of these agreements and look forward to accomplish additional similar partnerships between businesses in Bahrain and renowned international entities during our participation in Expo 2020 Dubai. Export Bahrain continues to play a key role in encouraging Bahrain-based establishments to export their products and services to new regional and international markets. Our main focus is to support exporters in Bahrain to identify and capture global market opportunities, and we constantly strive to capitalise on regional and global partnerships and key events to achieve more progress in this area.”

On her part, Ms. Maryam Ghazi Ahmed Hasan, Head of Public Relations and Communications at Arihant Group commenting further: “This is certainly a key milestone for us, as these deals would certainly have a positive impact on our business and boost our operations towards further limits. More similar deals will be signed and announced in the coming period, reflecting our successful partnership with Export Bahrain, whose efforts towards unlocking new markets for us are well appreciated. Arihant Group has been in the regional market for 30 years, providing the finest jewellery and precious metals to its clients. Our strategic future plans include exploring untapped markets beyond the region, and these agreements facilitated by Export Bahrain fulfils this objective for us. We are aspiring to achieve more success through the various export services offered by Export Bahrain, and we are thrilled to be present in wider markets.”