Manama: Bahrain is considering new legislation on bankruptcy that would encourage responsible risk taking without a fear of failure, Industry, Commerce and Tourism Minister Zayed Al Zayani said yesterday.
Addressing a business networking luncheon hosted by the American Chamber of Commerce (AmCham) Bahrain at the Ritz-Carlton Bahrain, Hotel and Spa, the minister said he hoped to develop Bahrain’s business culture similar to that of the US that has been an engine for entrepreneurial growth .
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