IANS

Dubai, Aug 16:  An educational foundation in the United Arab Emirates (UAE) has launched a training programme for young entrepreneurs in Bahrain to help them "identify market needs and understand best business practices", WAM news agency reported Saturday.

The Mohammed bin Rashid Al Maktoum Foundation has launched the programme in collaboration with the Bahrain Development Bank and its affiliate Bahrain Business Incubator Centre.

The programme is being executed in two batches, drawing a total of about 150 entrepreneurs. The first batch completed their course Aug 13, while the second batch will run Aug 15-19, the report said.

Sultan Lootah, vice president of the entrepreneurship and employment division of the foundation said: "The foundation is committed to promoting new values and perception in the Arab employment market and helping young entrepreneurs realise their creative concepts."

Nedhal Al Aujan, chief executive officer of Bahrain Development Bank said: "The bank has consistently played an effective role in varied sectors through investing in Bahrain's human resources and developing self-reliant individuals and communities.

"Organising such a training programme reflects our vision to strongly serve the youth of Bahrain at a time when the entrepreneurial sector shows high promise of growth."

The training modules cover a variety of subjects related to entrepreneurship such as planning, execution and management. It will also offer participants tools to develop business plans, analyse markets, manage finances and identify new ideas.