Steel Meets Sunshine: Bahrain’s Bold Leap into the Future

A Vision Forged in Light

In **MANAMA, Bahrain**, a new chapter in industrial history unfolds. **Foulath Holding**, the powerhouse behind **Bahrain Steel** and **SULB**, has joined forces with **Yellow Door Energy**, the Middle East and Africa's leading sustainable energy developer, for a truly groundbreaking sustainability initiative. Together, they are set to develop a massive **123-Megawatt-Peak (MWp)** solar project under a Power Purchase Agreement (PPA) — one of the largest of its kind in the world.  

At the heart of this monumental feat is the **world’s largest single-site rooftop solar power plant**, boasting an impressive **50 MWp** capacity. Imagine **77,000 gleaming solar panels** stretched across a sprawling **262,000-square-meter stockyard shed**, turning steel production into a cleaner, greener process. This visionary project was proudly announced at the **Gateway Gulf Forum**, hosted by the **Bahrain Economic Development Board** at the Four Seasons Hotel, Bahrain Bay — a gathering of global industrial innovators, policymakers, and investors.  

More Than Power: A Commitment to the Planet

This initiative is not just about energy — it’s about responsibility 🌍. **H.E. Noor bint Ali Alkhulaif**, Minister of Sustainable Development, emphasized Bahrain’s leadership in clean technology, highlighting the nation’s commitment to environmental stewardship and its ambitious **Net Zero 2060 target**. Her remarks capture the spirit of a country determined to merge innovation with sustainability.  

For **Foulath Holding’s Chairman, Meshary Al-Judaimi**, the solar project continues a long-standing pledge, backed by USD 250 million invested in sustainability projects over recent years. The move aligns industrial ambitions with environmental protection, setting a precedent for steelmakers worldwide. As **Sherif ElKholy** of **Actis** noted, this initiative proves that cost-competitive clean energy is not just possible — it’s transformative, and it’s capable of decarbonizing even the most energy-intensive industries.  

Ripples of Change Across the Gulf

In its first year, the solar plant will generate **200 million kilowatt-hours (kWh)** of clean electricity, reducing **90,000 metric tons** of carbon emissions — a remarkable stride toward a greener Bahrain. With over **189,900 high-efficiency panels** spanning more than **707,000 square meters**, this engineering marvel will inspire similar initiatives across the Gulf and beyond.  

From rooftop solar arrays to ground-mounted installations, the project stands as a beacon for future industrial sustainability. It’s more than an achievement; it’s a clear signal that Bahrain, driven by innovators like Foulath Holding and Yellow Door Energy, is ready to redefine the very fabric of its industrial identity. 

Gateway Gulf 2025: Bahrain’s Grand Stage for Global Investment Horizons

A Kingdom at the Crossroads of Opportunity

MANAMA, Bahrain – The Kingdom of Bahrain is poised to welcome senior international delegates from across the Americas, Europe, Asia, and the Gulf region for the highly anticipated third edition of **Gateway Gulf**, taking place from **2–3 November 2025** at the iconic Four Seasons Hotel, Bahrain Bay. Set against sweeping views of the Arabian Gulf, this invitation-only gathering will unite **200 distinguished guests** — global investors, policymakers, ministers, and visionary business leaders — under the resonant theme *"Rethinking Global Investment for New Trade Dynamics."* The air will be charged with purpose as participants explore high-value opportunities, forging partnerships to shape the future of trade and investment.  

Hosted by the **Bahrain Economic Development Board (Bahrain EDB)**,

and supported by senior government officials, Gateway Gulf will spotlight a region in the midst of a remarkable **economic transformation**. With the Gulf's GDP surpassing **USD 2 trillion** and forecasted to reach **USD 6 trillion by 2050**, Bahrain emerges as a strategically vital hub where non-oil sectors already contribute more than **86%** of GDP. Here, a future-ready environment blends local traditions with avant-garde innovation, offering global investors unparalleled scope for scalable, sustainable growth.  

Building Momentum, Shaping Tomorrow

Following the trailblazing success of **Gateway Gulf 2024** — where over **USD 12 billion** in investments and strategic agreements were announced — the 2025 edition promises an even deeper and more transformative agenda. This high-caliber event will feature **curated panel discussions**, intimate one-on-one investor meetings, and showcases of investable projects drawn from across the Gulf. Beyond the business realm, attendees will be immersed in Bahrain’s vibrant cultural tapestry, gaining insights into its unique blend of tradition and modernity — a reminder that economic growth thrives in places where innovation meets heritage.  

Transitioning from insight to action, the forum will examine key global and regional trends, such as **digital transformation**, the **energy transition**, and bold sustainability initiatives. Industry pathways in financial services, ICT, manufacturing, logistics, and tourism will be explored with precision, spearheaded by ministers and C-suite executives determined to chart new routes for collaboration. More than a meeting of minds, Gateway Gulf 2025 stands as a strategic catalyst — reinforcing Bahrain’s role as a trusted global partner, equipped with advanced infrastructure, future-ready human capital, and a genuinely business-friendly environment. This platform will not only facilitate dialogue but will serve as a launchpad for visionary partnerships that can redefine the investment landscape for decades to come.  

This blog paints Bahrain as the shimmering nexus where opportunity and ambition collide — a place where Gateway Gulf 2025 will script the next chapter of economic evolution.  

Parcel's Expansion into Riyadh, Saudi Arabia

In the bustling world of business, logistics play a vital role in ensuring smooth operations and customer satisfaction. With the rise of technology, companies like Parcel have emerged, offering innovative solutions to streamline delivery services. MANAMA, Bahrain - Parcel, a thriving venture under the umbrella of Hope Ventures, has recently set its sights on Riyadh, Saudi Arabia, marking a significant milestone in its journey. This blog post delves into Parcel's expansion and the impact it brings to businesses in the region.

Expanding Horizons: Parcel's Journey to Riyadh

Parcel, a brainchild of innovative minds aiming to simplify delivery operations, has been a game-changer in Bahrain, serving over 3,000 businesses and completing a remarkable 1.5 million deliveries. The company's success lies in its digital platform that connects businesses with on-demand drivers, offering a cost-effective and efficient delivery solution. Ali Dhaif, CEO of Parcel, emphasizes the company's mission to empower businesses through technology, enabling them to optimize their operations and enhance customer satisfaction.

The move to Riyadh signifies Parcel's vision to extend its services regionally, catering to businesses of all sizes and providing them with a seamless delivery network. By offering access to a pool of on-demand drivers, Parcel eliminates the need for businesses to manage their fleets, simplifying the logistics process. Fajer Alpachachi, GM of Hope Ventures, expresses excitement over Parcel's expansion, highlighting the company's remarkable growth and strategic support received from shareholders. This move not only showcases Parcel's success but also sheds light on Bahrain's conducive environment for startups to flourish and expand.

Benefitting Businesses: Parcel's Tech-Driven Logistics Solutions

Parcel's foray into Riyadh is not merely a geographical expansion but a testament to the efficiency and reliability of its tech-driven logistics solutions. Since its inception, Parcel has been a key player in supporting Bahrain's local businesses by streamlining their delivery processes, aiding in their growth trajectory, and cutting down operational costs. The platform's achievement of over 1.5 million deliveries underscores its reliability and the market demand for innovative logistics solutions.

Businesses in Riyadh stand to benefit significantly from Parcel's entry into the market. By leveraging Parcel's platform, businesses can optimize their delivery operations, scale efficiently, and enhance customer service levels. The flexibility of engaging on-demand drivers through Parcel's network ensures that businesses can adapt to fluctuating demand without the hassle of managing fleets internally. This seamless approach not only boosts operational efficiency but also contributes to cost savings, a crucial aspect for businesses aiming for sustainable growth in a competitive market like Riyadh.

Government Support and Entrepreneurial Ecosystem: Bahrain's Role in Parcel's Success

Parcel's successful expansion into Riyadh not only highlights the company's achievements but also underscores Bahrain's support for startups and entrepreneurship. Bahrain's proactive approach in fostering a conducive environment for startups, coupled with advanced infrastructure and government initiatives, has positioned the country as a hub for innovative ventures looking to expand regionally. Parcel's journey from Bahrain to Riyadh is a testament to the country's commitment to nurturing local talent and exporting successful ventures to neighboring markets.

The strategic investment by Hope Ventures in Parcel's growth showcases the collaborative ecosystem that exists in Bahrain, where startups receive vital support and guidance to scale their operations. By leveraging Bahrain's ecosystem of mentors, investors, and resources, companies like Parcel are equipped to thrive and make a mark on regional markets. The government's commitment to promoting entrepreneurship and innovation has created a fertile ground for startups to flourish, positioning Bahrain as a beacon for startups aiming to expand their footprint across the region.

Parcel's expansion into Riyadh marks a significant chapter in its success story, reflecting the company's dedication to revolutionizing delivery services and empowering businesses through technology. As Parcel continues to grow and innovate, businesses in Riyadh and beyond can look forward to efficient, cost-effective, and reliable logistics solutions that drive operational excellence and customer satisfaction. The journey from Bahrain to Riyadh not only showcases Parcel's prowess but also highlights Bahrain's role as a nurturing ground for startups venturing into new territories. With government support, advanced infrastructure, and a thriving entrepreneurial ecosystem, Bahrain stands as a shining example of success in the startup landscape.