BHBNewsLetter December 2020

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Issue 26 - DECEMBER 2020
BAHRAIN BOURSE REPRESENTATIVE APPOINTED AS BOARD
MEMBER IN THE HOPE FUND
BAHRAIN BOURSE JOINS MIDDLE EAST INVESTOR
RELATIONS ASSOCIATION (‘MEIRA’) BOARD OF DIRECTORS
Bahrain Bourse (BHB) announced
the appointment of its Chief Risk
and Compliance Officer, Mr.
Bahrain Bourse announced the
appointment of Mrs. Marwa
AlMaskati, Director of Marketing
& Business Development and Head
of MEIRA Bahrain Chapter, as a
Director in Board of Directors in
the Middle East Investor Relations
Association “MEIRA” during the
Association’s quarterly Board
meeting which was held virtually
on 9th December 2020. The
AbdulRahman Abdulla Al-Shafei
as a Board Member in the Hope
Fund for a term of four years
appointment follows efforts of
Bahrain Bourse in promoting
and developing best practices
in Investor Relations (IR) and
enhance transparency across
the Kingdom’s capital markets.
Commenting on this occasion,
Mrs. Marwa AlMaskati stated,
“Investor Relations plays a
significant role in the success of a
listed company. Since the launch
following the issuance of an edict
by His Highness Shaikh Nasser bin
Hamad Al Khalifa, HM the King’s
Representative for Humanitarian
Works and Youth Affairs, to form
the Board of Directors of the Hope
Fund which is chaired by Youth
and Sport Affairs Minister, H.E.
Ayman bin Tawfeeq Al Moayed.
The Hope Fund aims to support
youth projects and initiatives
through discovering, mentoring
and highlighting growing youth
talents and enabling them to
achieve long-term success and
sustainability which will reflect
positively on the Kingdom’s
of Bahrain MEIRA Chapter last
year, both Bahrain Bourse and
MEIRA have been fully committed
to developing and further
advancing the IR profession in
the Kingdom of Bahrain. Our
role as Bahrain Bourse has been
mainly focused on enhancing best
practices and advancements of
Investor Relations in Kingdom of
Bahrain’s capital market and raise
awareness across listed companies.”
Andrew Turbak, MEIRA Chair
said, “At MEIRA, we take our
responsibility as the region’s
professional body for Investor
Relations very seriously and 2020
provided us with the opportunity
to refresh and renew our leadership
team. I am delighted to see the
calibre of MEIRA come through
in the Nomination Committee’s
slate of new directors. Together,
we will continue to promote
diversity and inclusion, while
economy. The establishment
of the Hope Fund is a turning
point in the progress of the
Kingdom of Bahrain’s focus
towards youth talents and
creative youth projects and guiding
them towards production. The
Fund also aims to assist the
launch of youth projects towards
globalization by developing plans
to involve Bahraini competencies
in all sectors to become strategic
partners in addition to undertaking
investment in youth projects and
achieving revenues to develop,
support and sustain the youth sector.
driving stakeholder value for
all our members, partners and
supporters, as MEIRA fulfils its
mission to champion best practice
as an integral part of capital markets
development in the Middle East.”
It is worth noting that Bahrain
Bourse and the Middle East
Investor Relations Association
(MEIRA) has officially launched
the MEIRA chapter in Bahrain
during April 2019 with the aim
of developing and enhancing best
practices in Investor Relations (IR)
across the Kingdom of Bahrain.
The founding members of
MEIRA chapter in Bahrain
include Aluminium Bahrain
(‘ALBA’), Bank ABC, Bahrain
Telecommunications Company
(‘Batelco’), Bahrain Bourse,
Ithmaar Holding, National Bank
of Bahrain, and SICO BSC (c).