Social Business week inaugurated in Bahrain by Nobel Laureate Professor Muhammad Yunus

• Miscellaneous
• 18th September 2012
• YC

His Highness Prince Salman bin Hamad bin Isa Al Khalifa, Crown Prince of Bahrain with Nobel Laureate Professor Muhammad Yunus on September 16 at the office of the Crown Prince.

"Social Business Week Bahrain" was inaugurated in Bahrain on September 16 by His Highness Shaikh Mohammed Bin Mubarak Al Khalifa, the Deputy Prime Minister of Bahrain. Nobel Laureate Professor Muhammad Yunus was present on the occasion as Chief Guest.

The Social Business Week Bahrain is organized by the Family Bank of Bahrain, which was established by His Majesty the King three years back as a microfinance bank, inspired and supported by Professor Yunus. He proposed this bank to the King of Bahrain during his visit in 2006. Lead organizer of the week is Grameen Creative Lab of Germany.

Following a welcome address by Dr. Fatima Mohammed Al Balooshi, Minister of Social Developmen of Bahrain, Professor Muhammad Yunus delivered a keynote speech on social business and the potential it holds for Bahrain and the MENA region. The opening plenary was attended by two Deputy Prime Ministers, several ministers and other dignitaries of the country.

During this Social Business Week, beginning September 16, the Grameen Creative Lab will organize several workshops with top business executives, NGOs, civil society leaders and youth leaders in order to develop concrete social business plans to implement in Bahrain and the region.

Afterwards, Professor Yunus was received by His Highness Prince Salman bin Hamad bin Isa Al Khalifa, the Crown Prince of Bahrain, who is the eldest son of His Majesty the King of Bahrain, Hamad bin Isa Al
Khalifa. They discussed various issues relating to creating a Social Business Fund for Bahrain. They also discussed details of holding a Regional Social Business Summit for Middle East and North Africa region in the first half of next year. Bahrain will host this Summit.