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Issue 12 - JUNE 2017
www.bahrainbourse.com“BAHRAIN INVESTMENT MARKET” RAISES GROWTH CAPITAL AND
ENHANCES MANAGEMENT PRACTICES IN BUSINESSES
Bahrain Bourse (BHB) conducted
an introductory session at Bahrain
Bourse Premises for members of
the Bahrain SME Society and Bah-
rain Management Society about the
Bahrain Investment Market (BIM).
CEO of the Bahrain Bourse,
Shaikh Khalifa bin Ibrahim Al
Khalifa noted, “At the current
stage, the Bourse is focused on
communicating the Bahrain In-
vestment Market’s unique and
added-value benefits to the target
segments. We have already re-
ceived strong interest following our
official launch last March, and we
look forward to helping as many
businesses as possible to fund their
future growth and contribute to
the private sector’s development.”
Dr. Abdulhasan Al-Dairi, Presi-
dent of the Bahrain SME Society
commended the BHB’s support
of budding enterprises and entre-
preneurs through the BIM, noting
that the BIM offers this segment
an option to traditional means of
raising capital and enables them
to reach a worldwide audience.
BAHRAIN INVESTMENT MARKET LOOKS TO ATTRACT ICT COMPANIES
The ICT sector, a key target seg-
ment for the recently-launched
Bahrain Investment Market (BIM),
an equity market for growing busi-
ness ventures in Bahrain and the
wider MENA region, received an
in-depth look at the accessible
capital-raising solutions in an
orientation session organized by
the Bahrain Bourse (BHB) for
members of the Bahrain Technol-
ogy Companies Society (BTECH).
ICT is an emerging player to Bah-
rain’s economy, with the transport
and communications sector - which
includes ICT - contributing more
than 7% to the country’s GDP, a
number that is expected to grow
exponentially over the next decade.
Commenting on the event, CEO
of the Bahrain Bourse Shaikh
Khalifa bin Ebrahim Al Khalifa
said, “The ICT sector is of stra-
tegic importance to Bahrain’s vi-
sion to make the private sector
the primary driver of economic
growth and build a robust knowl-
edge-based economy. Not only
is the sector a key facilitator for
business, but it is also as a major
area of economic potential in terms
of innovation and job creation.”
“The ICT sector has also tradition-
ally been a hotbed for investment
as individual and institutional
investors constantly looking for
the next big thing. As an equity
market designed for fast-grow-
ing companies looking to take
the next step in their future, the
Bahrain Investment Market is an
ideal platform which connects
business owners looking to raise
capital with serious investors
looking to be part of those com-
panies’ long-term future,” Shaikh
Ebrahim bin Khalifa added.
Chairman of BTECH Ubaidly
Al-Ubaidly emphasized the impor-
tance of ICT sector to Bahrain’s de-
velopment in the coming decades,
stating, “In today’s globalized
world, the ICT sector plays an ev-
er-increasing role in the sustainable
socio-economic development of
society. As such, it was both inter-
esting and encouraging to see how
the Bahrain Investment Market
will enable more investment in this
critical sector and increase its con-
tribution to the national economy.”
Al-Ubaidly further noted the
importance of the BIM’s initia-
tive in hosting the event, which
serves to boost relations be-
tween the sector and the BIM
and accelerate progress towards
achieving Bahrain Vision 2030.
President of the Bahrain Manage-
ment Society, Dr. Adel Hamad,
stated that in addition to offering
a new means of obtaining capital,
the economic landscape of the
Kingdom of Bahrain has created
a competitive investment envi-
ronment for investors compared
to all countries of the developed
world. The BIM model and its
regulatory framework will also
help elevate and enhance manage-
ment practices in private sector
organizations and put them on
par with international standards.