Mumtalakat to invest in Racing Force to drive Bahrain expansion
MANAMA, June 26, 2024
Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, emphasised that the collaboration with Racing Force to expand their footprint in Bahrain aligns with Mumtalakat's strategic objectives of investing in growth sectors that aim to create highly skilled job opportunities for Bahrainis.
He said it is also to boost the competitiveness of the kingdom's specialised industrial sector on a global scale, and enhance Bahrain's prominence as a motorsports hub in the region.
It is noteworthy that the Racing Force Group's Bell Racing Helmets facility in Bahrain has employed 400 Bahrainis since its establishment.
Furthermore, all Bell Racing Helmets products are entirely “Made in Bahrain”.
Since its launch, it produced and exported 254,000 helmets, 286,000 Mini Helmets, and over 500,000 accessories, highlighting the kingdom's manufacturing competitiveness on the global stage. – TradeArabia News Service