163 Customer Needs jobs in Bahrain

Business Development Manager

Manama, Capital DHL Express Deutschland

Posted 1 day ago

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Job Description

Overview

Would you like to be part of the most international company in the world? A company operating in more than 220 countries worldwide and has been pioneering cross-border express shipping since 1969. DHL Global Forwarding, Freight (DGFF) is the Group's air, ocean, and road freight specialist. We offer standardized transport as well as highly specialized end-to-end solutions to customers in a wide range of industries globally. DHL has an opening for a Business Development Manager in Bahrain. Join us in connecting people and improving lives! In this Business Development Manager position.

Responsibilities
  • Contribute to developing the business development strategy considering business strategy, financial objectives, Group guidelines and policies
  • Draft business development plans and budgets including account management approach and account plans for assigned geographic region
  • Monitor revenue generation, profit/expense objectives and coordinate market and customer growth and retention rate
  • Plan and ensure new business development initiatives/operations and maximize exposure for DHL amongst targeted prospects
  • Lead sales team to initiate and establish relationships with targeted prospects
  • Deliver market studies and feasibility studies to assess market potential
  • Prospect new business development opportunities through market research, developing marketing initiatives, etc.
  • Explore business development opportunities with government authorities and relevant parties
  • Identify, pursue and acquire profitable business relationships with key customers
  • Develop major leads, conduct pre-proposal visitations and assist technical staff with proposal preparation
  • Lead negotiations to obtain new customers and support team in difficult negotiations to secure critical sales
  • Discuss with peers to communicate sales problems, business observations, prospect feedback, etc.
  • Understand key trends and developments impacting business and identify change needs in business development plans
  • Regularly enhance quality or value of existing business development methods and techniques and resolve problems that may not be clearly defined
  • Convince external parties such as skeptical clients, institutions, etc. who are skeptical or unwilling to accept proposals or where decision making process and standards are defined and mandatory
  • Supervise team for achievement of goals by assigning work, timelines, reviewing output and supporting performance management
  • Support to recruit, motivate, develop and coach team members
Requirements
  • Education Level: Bachelor's Degree
  • Experience Level: more than 6 years
We Offer
  • Opportunities in a global company where you can contribute your ideas and skills to move towards our shared goals.
  • Possible further career development
  • Competitive salary
Why join DHL Global Forwarding?

We are part of Deutsche Post DHL, the world’s leading logistics provider with operations in over 220 countries. Visit our career site on the web at

Our TOP EMPLOYER prestigious certification attests to our best-in-class efforts to attract and retain talent by fostering a positive work environment and encouraging personal and professional development among employees. The development of talented women in our organization will be a focus for us and an important part of our DGF Strategy 2025.

We Aspire To Become The Undisputed Leader In Our Industry, When People Think Of Forwarding; We Want Them To Think DGF Because We Have

  • The largest global network with more than 30,000 passionate employees
  • The most efficient processes and fastest response times
  • The best solutions and best customer service

Our Vision: The Logistics Company for the World.

Our Mission: Excellence. Simply Delivered.

Our Purpose: Connecting People, improving lives.

Our Values: Respect & Results

Our Goals: Employer, Provider, and Investment of Choice, Living Responsibility

DHL Global Forwarding is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Business Operations Lead (Digital Services)

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Business Development Manager

Fakhro Insurance

Posted 5 days ago

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Job Description

  • Acquire new clients – Make cold calls on potential clients or follow up leads; Ascertain their requirements; Collect proposals and other underwriting information; Arrange for quotations from insurance companies; Submit and Present quotations to clients; Obtain acceptance from clients and arrange immediate confirmation from insurance companies; Follow up to obtain policy documents from insurance companies; Arrange delivery of completed documents and collect payment if not already collected; Accept full responsibility for collections and ensure no default occurs.
  • If quotation is unsuccessful, ascertain reasons and diarize for another attempt later or at next renewal;
  • Policy Renewals – Ensure timely and successful renewal of existing policies;
  • Client Retention and servicing of existing FIS clients allocated to him/her;
  • Assist clients with their claims, if required;
  • Contact client’s weekly/monthly to fulfill their other insurance needs;
  • Obtain and transmit feedback from clients and market information to General Manager;
  • Improve insurance knowledge by reading and discussion so as to provide better service to clients;
  • Participate fully in all team and company activities;
  • Any other task or function required or assigned by the management/directors.

Minimum Qualifications and Experience:

  • Minimum Bachelor’s Degree in any branch
  • Minimum 3-5 years of industry experience with insurance companies and/or brokers
  • Proven presentation and proposal skills
  • Strong Technical Skills in insurance products.
  • A proactive approach to market research and client engagement.
  • Excellent negotiation skills to close deals successfully.
  • Interpersonal and customer-facing skills
  • Ability to build strong business relations
  • Familiarity with business software such as Microsoft Office, Excel, PowerPoint. CRM knowledge is a plus
  • Self-motivated with the Initiative to self-learn and develop in a growing company

Licensed & Regulated by Central Bank of Bahrain as Insurance & Reinsurance Broker.

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Business Development Executive

Manama, Capital MM Brand

Posted 5 days ago

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Job Description

BS in Communications, Marketing, Business, New Media, or Public Relations

We are looking for: Business Development Executive Position Summary:

The Business Development Executive is responsible for overseeing the process of business development within the company to promote its Products & services. This includes working closely with other company executives and management team, meeting with potential business partners and maintaining existing client relationships and monitoring market trends.

Work Experience:
  • Must have a solid experience working in creative agencies/advertising agencies/printing presses/designing firms.
  • Must have high business development, customer service, communication skills.
  • Must have a BS in Communications, Marketing, Business, New Media, or Public Relations.
  • Must speak both Arabic & English languages
Missions:
  • Attracting new clients by innovating and overseeing the sales process for the business and identifying and researching opportunities that come up in new and existing markets.
  • Communicating with clients to understand their needs and offering solutions to their problems and developing customized proposals, strategies, and presentations to satisfy the clients’ specific business needs.
  • Creating positive, long-lasting relationships with current and potential clients and ensuring excellent customer service through regular client follow up and developing trusted relationship with key decision makers.
  • Owning the sales lifecycle from prospecting to implementation and managing virtual and in-person sales meetings, and to coordinate with the managers of the Studio/New Media/Production to receive the completed tasks/jobs/projects and submit to the clients and to follow-up with the clients to get feedback and modifications if required, until projects completion.
  • To insure all the information of the projects of the clients are kept in a systematic manner and updated frequently and coordinated properly with the concerned parties.
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Business Development Executive

Asm global

Posted 5 days ago

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Job Description

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description


ABOUT THE ROLE
ASM Global teams across the world are innate problem solvers and people who thrive on the excitement of developing events that create opportunity and connection. We are meticulous planners, innovative thinkers, relationship specialists, and acutely experienced business leaders who love what they do.
At ASM Global, we love events; it's what we do. It's a part of our DNA and what drives us.
This role will involve conducting market research to stay updated on industry trends and assist in improving or upgrading the existing EWB services.

ABOUT YOU
Every day our people are responsible for delivering extraordinary experiences for every guest who walks through our doors.
You will have a shared values and people-centric mindset and genuinely want to make a difference. That's what makes you stand out from the crowd and why we want to meet with you.
You will be a dynamic and results-driven Business Development Executive to identify new business opportunities, build client relationships, and drive growth.

Company Industry
  • Advertising
  • PR
  • Event Management
Department / Functional Area
  • Business Development
Keywords
  • Business Development Executive
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Business Development Representative

Canonical

Posted 5 days ago

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Job Description

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Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is very widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation, and IoT. Our customers include the world's leading public cloud and silicon providers, and industry leaders in many sectors. The company is a pioneer of global distributed collaboration, with 1200+ colleagues in 75+ countries and very few office-based roles. Teams meet two to four times yearly in person, in interesting locations around the world, to align on strategy and execution.

The company is founder-led, profitable, and growing.

Canonical is a remote-first global company that publishes Ubuntu and open-source enterprise solutions for cloud, developer, IoT and AI. Ubuntu is the fastest growing Linux distribution and ranks as the number #1 OS in the cloud.

In partnership with Google, Amazon, IBM and Microsoft, Canonical helps companies become more agile, productive and adopt new technologies faster. Examples of customer success include AI, Blockchain, IoT, Advanced Robotics and self-driving cars, where Ubuntu is the preferred development platform.

The role of a Business Development Representative at Canonical

Canonical is profitable and growing. We consider our sales development organization to be the best technology sales academy in the market, and as such, we select exceptional and ambitious candidates to join our team. You will enjoy this role if you are organized, persistent, charismatic and hard-working. You will need to be interested in tech and its business implications. In this role, you will collaborate with a regional sales and marketing team, and your primary objective will be to find customer projects that fit our product lines and spread the good name of Canonical across multiple different industries and geographies.

Click HERE to watch our SDR team discuss their role in Canonical

The role entails

  • Execute outbound sales & marketing campaigns
  • Research information about prospective customers and market trends
  • Generate high-quality leads for Senior Sellers to fuel a multi-million dollar pipeline
  • Own and close SMB opportunities within your designated territory
  • Collaborate across multiple teams and senior stakeholders to drive results
  • Help define the processes and policies for the team
  • Travel to events and conferences worldwide, presenting on booths and driving face-to-face marketing and sales opportunities

What we are looking for in you

  • Demonstrated success in SDR or outbound sales, with a track record of exceeding annual quotas and consistently driving qualified pipeline growth
  • Experience navigating prospective accounts from and into a senior executive level to identify new customer opportunities
  • Experience in enterprise software or technology sales
  • Exceptional academic track record from both high school and university
  • Passion for business and technology
  • Commitment to continuous learning and improvement - curious, flexible, scientific
  • Creative problem solving and cross team collaboration
  • Professional written and spoken English with excellent presentation skills
  • Verbal and written communication and negotiation skills
  • Result driven with an over-achiever spirit
  • Persistence & perseverance
  • Growth mindset - people from our team develop into all departments within the sales organization (Channel, IoT, Enterprise Sales, etc)
  • Ability to travel internationally twice a year for company events up to two weeks long

What we offer colleagues

We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognize outstanding performance. In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

  • Distributed work environment with twice-yearly team sprints in person
  • Personal learning and development budget of USD 2,000 per year
  • Annual compensation review
  • Recognition rewards
  • Annual holiday leave
  • Maternity and paternity leave
  • Team Member Assistance Program & Wellness Platform
  • Opportunity to travel to new locations to meet colleagues
  • Priority Pass and travel upgrades for long-haul company events

About Canonical

Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open-source projects and the platform for AI, IoT, and the cloud, we are changing the world of software. We recruit on a global basis and set a very high standard for people joining the company. We expect excellence; in order to succeed, we need to be the best at what we do. Most colleagues at Canonical have worked from home since our inception in 2004. Working here is a step into the future and will challenge you to think differently, work smarter, learn new skills, and raise your game.

Canonical is an equal opportunity employer

We are proud to foster a workplace free from discrimination. Diversity of experience, perspectives, and background create a better work environment and better products. Whatever your identity, we will give your application fair consideration.

Seniority level
  • Seniority level Entry level
Employment type
  • Employment type Full-time
Job function
  • Job function Sales and Business Development
  • Industries Software Development

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Business Development Executive

Z Global

Posted 5 days ago

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We’re Hiring! Business Development Executive – Recruitment Industry | GCC

Are you a dynamic and results-driven Business Development Executive with experience in the GCC recruitment industry ? Do you have a passion for building strong client relationships, driving sales, and expanding business opportunities ? If yes, we want to hear from you!

Role: Business Development Executive – Recruitment Services
Location: Bahrain
Industry: Recruitment & Talent Acquisition

Key Responsibilities:

Identify and develop new business opportunities within the GCC market.
Build and maintain relationships with clients, HR leaders, and decision-makers .
Drive sales growth by promoting recruitment solutions tailored to client needs.
Negotiate and close deals while ensuring long-term partnerships .
Stay updated on market trends, competitor activities, and hiring needs across industries.

What We’re Looking For:

2+ years of experience in business development within the recruitment industry in the GCC .
Strong networking, negotiation, and sales skills .
Proven ability to achieve sales targets and revenue growth .
Knowledge of recruitment trends, hiring practices, and industry demands .
Excellent communication and client management skills .

Interested? Apply now or tag someone who would be a great fit! #BusinessDevelopment #Hiring #Recruitment #GCCJobs #TalentAcquisition #Sales #BDM

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Business Development Coordinator

Grant Thornton Bahrain

Posted 12 days ago

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Job Description

Join to apply for the Business Development Coordinator role at Grant Thornton Bahrain

Grant Thornton Abdulaal Bahrain is hiring on behalf of one of our esteemed clients for a Business Development Coordinator role. This is an excellent opportunity to work in a dynamic, fast-paced environment supporting global business development efforts. The selected candidate will play a key administrative and coordination role within the Business Development team, supporting multiple segment leads. Fluency in Arabic language with native level proficiency is mandatory.

Responsibilities
  • Provide administrative and workflow support to all BD segment leads.
  • Maintain calendars for travel, events, and trade show participation.
  • Prepare internal documentation, presentations, and reports.
  • Track BD action items and prepare meeting minutes.
  • Assist with the preparation of proposals, contracts, and bid templates.
  • Support CRM and Event System data entry, ensuring accuracy and ISO compliance.
  • Consolidate BD team reports weekly/monthly and validate data accuracy.
  • Coordinate logistics for sales missions, exhibitions, and internal BD events.
  • Ensure compliance with ISO processes and controlled documents.
  • Serve as a point of coordination between BD and other departments (Finance, Operations, Marketing & Communications).
Education Qualification and Additional Skills
  • Diploma or Bachelor’s degree in Business Administration, Events, Tourism, or related field.
  • Fluency in Arabic with native level proficiency is mandatory. The candidate must be currently based in Bahrain.
  • Minimum 2 to 3 years experience in a coordinator, administrative, or support role within business events, exhibitions, MICE, hospitality, corporate administration.
  • Training in CRM, project coordination, or ISO compliance (advantage).
  • Proficiency in Microsoft Office Suite and CRM tools.
  • Basic understanding of exhibitions/business events.
  • Professional communication and report writing.
  • Ability to maintain confidentiality and discretion.
  • Team-oriented, reliable, and culturally sensitive.
Core Competencies
  • Operational Discipline & Accuracy: Strong organisational, reporting, and compliance skills.
  • Customer Orientation (Internal): Focused on supporting BD segment leads efficiently and consistently.
  • Collaboration & Teamwork: Works seamlessly across departments and within BD team.
  • Attention to Detail: Ensures high-quality documentation, reports, and CRM data.
  • Time Management: Manages multiple tasks and deadlines effectively.
Seniority level
  • Not Applicable
Employment type
  • Full-time
Job function
  • Business Development and Sales
Industries
  • Accounting

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BUSINESS DEVELOPMENT MANAGER

Gulf Air Group

Posted 12 days ago

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Job Description

The Business Development Manager has a key role in the sales organisation. This role demands to be a single point of contact and a single source of both intelligence and expertise in areas of sales – distribution & incentive strategy, ancillary product development, sales innovation, partnership sales & market development for C-Level, Senior Management in field and Head Office and for sales team members across the network The main area of actions are:

Setup of Sales targets/KPIs and monitoring of performance (sales reports)

Agency Affairs (GSA management).

Industry affairs (relationship with IATA).

Tenders/management of relationship with Bahrain Tender Board for local suppliers.

Streamlining, modernization, standardization and codification of sales procedures.

Helping SMBDD to formulate, design and implement Short and mid term sales strategies

Act as a central point of contact for all outstations in their relationship with HQ.

MAIN DUTIES

Act as a central focal point to the commercial organization serving as link with GF HDQ departments (Revenue Management, Network Planning, Procurement, Legal) and outstations.

Contribute to the execution of Gulf Air's distribution strategy by managing the day to day relationship with Global Sales Agents (GSA) which represent Gulf Air, local to markets where direct presence is not viable.

Proactively drive short, mid and long term sales strategy and Go to market strategy for GF in line with organizational need.

Focussed on implementing initiatives to drive the distribution cost downwards.

Act as a single source of information

Manage GSA contract tendering for new appointments and renewals. Negotiate agreements with GSAs.

Coordination of any GF legal cases concerning a GSA and/or GF sales outstation.

Manage PSA agreements.

Manage ADM/ACM.

STPC definition and booking/handling process.

Manage the contracting of land services such as bus services.

Circulation and update of local (station) regulations (visa, immigration etc.).

Standardize and automate sales procedures and processes aligning to the vision of organization to improve yield and reduce costs.

In co-operation with Marketing department, implement best practices to standardize Marketing framework across outstations ensuring right brand guidelines and penetration to right market segments.

Coordination of closure and opening of new stations it terms of assets/legal/staff/etc.

Maintain, update and follow up on GF admin regulations to be adopted at station local level.

Influence and contribute to the development of the commercial plans of the Airline.

Ensure all legal, statutory and regulatory requirements are met.

Represent GF as the Senior Executive when interfacing or negotiating with external vendors, Governments, Civil Service, GSAs, Travel Agents, Handling Companies and other organizations.

Develop teamwork and provide leadership guidance and support to all staff in the team.

When required, ensure staffs are recruited, trained and motivated to the standards set in the People KPI. Manage performance. Provide, where appropriate, a succession plan for the area.

Manage all resources to ensure optimum utilization, control items of expenditure to pre-determined budgetary levels by maintaining a strict cost control policy, in particular commission costs of our GSAs and all other distributions, training and manpower development.

In depth analysis of findings/changes to outstations and/or departments impacted by necessary action. Continuously explore areas, identify opportunities and perform strengths and weaknesses assessment for markets to generate common revenue/cost saving targets.

Prepare reviews packs for SMBD&D as well as other senior management as part of improvement project initiated. Conduct review of initiatives and identify areas that require improvement and highlighting major concerns. Follow-up, manage and liaise with regional sales and Sales Management in HQ on the implementation of the remedial action recommended with the aim increase success of planned activities.

Assist in preparing daily, weekly, monthly and yearly sales reports to and others stakeholders in the Gulf Air Commercial organization.

Accountable for driving the simplification, standardization and documentation of procedures in the whole Sales and Distribution organization.

Interface with rest of the Distribution and Sales Support organization.

Undertake any other duties that may be assigned by SMBDD

Responsible for subordinates KPIs and required to complete all stages of performance management system.

EDUCATION

Bachelor's degree in business administration or equivalent major.

EXPERIENCE

Minimum 4 years of experience in Sales, Distribution or e-commerce.

Travel agency or Airline Industry experience a must.

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome yourapplication.Tocomplete the application you would need the following document(s):

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Business Development Manager

Grant Thornton Bahrain

Posted 13 days ago

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Job Description

Overview

Business Development Manager role at Grant Thornton Bahrain. Grant Thornton Abdulaal Bahrain is hiring on behalf of a client in Bahrain to lead business development efforts in the exhibitions and international events sector. This role is ideal for a dynamic professional with a strong understanding of global event trends, sales strategy, and stakeholder engagement. Fluency in Arabic language with native level proficiency is mandatory.

The successful candidate will drive the full sales cycle, from prospecting to post-event evaluation, and will play a key role in attracting international exhibitions to Bahrain. This position offers the chance to work closely with high-level stakeholders, represent Bahrain at global events, and contribute to the growth of the country's events industry in alignment with national strategic priorities.

Responsibilities
  • Lead the end-to-end sales cycle for attracting first-time exhibitions and international events.
  • Deliver on KPIs: revenue, sqm occupancy, conversion rate, event days, visitor impact.
  • Map and analyse global business event trends and align with Bahrain's priority sectors.
  • Build strategic pipelines of organizers and events.
  • Coordinate with EDB, BTEA, Chamber, Customs, Immigration, etc. to remove market-entry barriers.
  • Provide leadership in preparing high-quality proposals, negotiations, and contracts.
  • Manage client relations from prospecting to post-event evaluation.
  • Lead site inspections with international organisers.
  • Ensure CRM usage, compliance, and accurate reporting.
  • Represent the client at international exhibitions and sales missions.
  • Support the Director of BD in planning, reporting, and capability building.
Qualifications
  • Bachelors degree in Business Administration, Marketing, Sales, or related field.
  • Professional certification in sales/BD/exhibitions (will be an added advantage).
  • Fluency in Arabic with native level proficiency is mandatory. The candidate must be currently based in Bahrain.
  • Minimum 3 to 5 years of experience in sales, business development, or exhibitions with a proven track record of securing international exhibitions and events.
  • Excellent communication, negotiation, and presentation skills.
  • Proven ability to secure international exhibitions.
  • Strong pipeline development and lead conversion experience.
  • Time management, planning, and multitasking.
  • Proficiency in MS Office and CRM tools (e.g., Salesforce).
  • Ability to mentor and collaborate with support staff.
Core Competencies
  • Customer & Market Orientation: Strong exhibition and business events sales experience, global organiser engagement.
  • Strategic & Commercial Acumen: Ability to build ROI-driven business cases, sector-focused strategies.
  • Innovation & Agility: Ability to adapt to shifting market trends, design creative proposals.
  • Operational Excellence & Accountability: Strong execution, CRM discipline, ISO compliance.
  • Stakeholder Influence & Collaboration: Skilled at engaging government/industry stakeholders.
Job Details
  • Seniority level: Not Applicable
  • Employment type: Full-time
  • Job function: Business Development and Sales
  • Industries: Accounting
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Business Development Manager

Manama, Capital Grant Thornton Bahrain

Posted 19 days ago

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Job Description

Grant Thornton Abdulaal Bahrain is hiring on behalf of a highly respected client in Bahrain, offering a unique opportunity to lead business development efforts in the exhibitions and international events sector. This role is ideal for a dynamic professional with a strong understanding of global event trends, sales strategy, and stakeholder engagement. Fluency in Arabic language with native level proficiency is mandatory.

The successful candidate will be responsible for driving the full sales cycle, from prospecting to post-event evaluation, and will play a key role in attracting international exhibitions to Bahrain. This position offers the chance to work closely with high-level stakeholders, represent Bahrain at global events, and contribute to the growth of the country's events industry in alignment with national strategic priorities.

Roles and responsibilities:

  • Lead the end-to-end sales cycle for attracting first-time exhibitions and international events.
  • Deliver on KPIs: revenue, sqm occupancy, conversion rate, event days, visitor impact.
  • Map and analyse global business event trends and align with Bahrain's priority sectors.
  • Build strategic pipelines of organizers and events.
  • Coordinate with EDB, BTEA, Chamber, Customs, Immigration, etc. to remove market-entry barriers.
  • Provide leadership in preparing high-quality proposals, negotiations, and contracts.
  • Manage client relations from prospecting to post-event evaluation.
  • Lead site inspections with international organisers.
  • Ensure CRM usage, compliance, and accurate reporting.
  • Represent EWB at international exhibitions and sales missions.
  • Support the Director of BD in planning, reporting, and capability building.


Education Qualification and additional skills:

  • Bachelors degree in Business Administration, Marketing, Sales, or related field.
  • Professional certification in sales/ BD/ exhibitions (Will be an added advantage).
  • Fluency in Arabic with native level proficiency is mandatory. The candidate must be currently based in Bahrain.
  • Minimum 3 to 5 years of experience in sales, business development, or exhibitions (With proven track record of securing international exhibitions and events).
  • Excellent communication, negotiation, and presentation skills.
  • Proven ability to secure international exhibitions.
  • Strong pipeline development and lead conversion experience.
  • Time management, planning, and multitasking.
  • Proficiency in MS Office and CRM tools (e.g. Salesforce).
  • Ability to mentor and collaborate with support staff.


Core Competencies:

  • Customer & Market Orientation: Strong exhibition and business events sales experience, global organiser engagement.
  • Strategic & Commercial Acumen: Ability to build ROI-driven business cases, sector-focused strategies.
  • Innovation & Agility: Ability to adapt to shifting market trends, design creative proposals.
  • Operational Excellence & Accountability: Strong execution, CRM discipline, ISO compliance.
  • Stakeholder Influence & Collaboration: Skilled at engaging government/industry stakeholders.
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