MANAMA: The Industry and Commerce Minister Dr. Hassan Fakhro expressed leadership’s and government’s appreciation for all global projects that chose the Kingdom of Bahrain as a gateway for and regional headquarters for its operations in the region.
The Minister, who patronized the launch of Macroscope Russia first Russian HI-Tech security and video management solution technology product, pointed out the historic successful visit by His Majesty King to Moscow and agreements concluded between the private sectors of both countries. The Minister said that such agreements had a deep impact in attracting Russian investment and projects to the country and also reinforced by the successful visit of His Royal Highness Prince Salman bin Hamad Al Khalifa to Moscow recently which crystallized in turn a lot of agreements and understandings.
The Minister also pointed to the multiple Russian investments in the Kingdom which are began to grow and represent industrial and commercial aspects and being monitored by the Ministry to achieve leadership and government aspirations.
On the sidelines of the ceremony, which was attended by many representatives of companies operating in the same sector a MOU was signed between MHS Technologies and Macroscope Russia and signed by Chairman of MHS Technologies Mohammed Sajid and CEO of Marcoscope Russia.
Another agreement was signed MHS Technologies and Proline, UK and signed by Chairman of MHS Technologies Mohammed Sajid and Chairman of Proline Saleem Murad.
Macroscope Russia is a leading company in the field of security systems and software, where it will start its work in the Kingdom of Bahrain in alliance with MHS Technologies and Proline, UK. It is expected that the estimated volume of work during the first year about five million dinars. The company will provide the latest techniques of control system and insurance. This new first system enables to monitors cars on the speed of 200 km/h, it is also can be used for malls, factories, banks, hospital, big building and this new technology can identify pictures and identify 65 thousand people and determine their landmarks from different angles.
It also provides very accurate systems to track goods and lost items in the airports. The company also provides modern surveillance cameras to enable them to run more than 500 cameras at the same time within the connected device.