Bahrain Aluminum Extrusion Company Boosts Bahraini Employee Salaries

The Bahrain Aluminum Extrusion Company (Balexco) has taken significant steps to advance its national talent by increasing the salaries of 56% of its Bahraini employees through Tamkeen's Wage Increment Programme. This initiative underscores the company's commitment to investing in the recruitment, development, and success of Bahraini professionals. The move aligns with Tamkeen's 2025 strategic priorities, focusing on enhancing Bahraini competitiveness in the private sector, equipping them with suitable skills for career development, and prioritizing enterprise growth, digitization, and sustainability.

Key Takeaways:

  • Balexco increased the salaries of 56% of its Bahraini employees through Tamkeen's Wage Increment Programme, providing increments ranging from 5% to 20%.
  • The initiative is part of the company's broader efforts to invest in the recruitment, development, and success of Bahraini professionals.
  • Balexco's Bahrainisation rate has risen to 65% due to the company's efforts, which have also driven growth in the industrial sector and boosted productivity.
  • Tamkeen has played a pivotal role in supporting Balexco through various programs, including financing, training, and employment support.
  • The company participates in broader efforts to advance Bahrain's industrial sector, which currently accounts for 14% of the country's GDP.
  • Tamkeen offers various programs to support employment and career development for Bahraini professionals, with the goal of making them the first choice of employment in the labour market.
  • Balexco is a leading aluminum extrusion plant in the Gulf region, established in 1977, and known for producing high-quality aluminum profiles and systems, including the patented Primo systems.

Statistics:

  • 56% of Balexco's Bahraini employees received salary increments through Tamkeen's Wage Increment Programme.
  • Salaries increased by 5% to 20%.
  • Balexco's Bahrainisation rate now stands at 65%.
  • The industrial sector accounts for 14% of Bahrain's GDP (as of Q1 2025).
  • Tamkeen has supported Balexco through various programs, including financing, training, and employment support.

Sources:

  • Bahrain News Agency (20 August 2025)
  • Tamkeen (2025 strategic priorities)