BHBNewsLetter Dec2017

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Issue 16 - JUNE 2018
BAHRAIN BOURSE AND INJAZ BAHRAIN SIGN AN MOU TO
IMPLEMENT THE “SMART INVESTOR” PROGRAM (CONTINUED)
Based on the MoU, Bahrain
Bourse in cooperation with IN-
JAZ Bahrain will deliver and im-
plement the Smart Investor Pro-
gram during the new academic
year 2018-2019 by penetrating
all primary government schools,
to have approximately 5,000 stu-
dents of grade 4 benefiting from
the program on an annual basis.
The Smart Investor program
aims to introduce to students
the concept of smart investing,
saving, and planning for their
financial future through hands
on learning & interactive activ-
ities. Some of the topics covered
during the sessions include: how
to use ATM machines, earning
money from various resources,
financial services offered through
banks, and how to be empowered
for financial decision making.
INJAZ Bahrain is a non-profit or-
ganization that was established in
2005 as part of Junior Achievement
Worldwide with the aim of empow-
ering young people to own their
economic success and be prepared
for today’s business challenges.
INJAZ Bahrain works with Min-
istry of Education in over 200
secondary, intermediate and
primary schools, and 12 Uni-
versities with the support of a
network of 5,000 corporate vol-
unteers who implement a series
of business and entrepreneur-
ship programs that reach over
30,000 students annually through
15 economic based programs.
BAHRAIN BOURSE RECEIVES POSITIVE FEEDBACK ON
‘LISTING RULES’ CONSULTATION PAPER
As part of the Bahrain Bourse’s
continuous efforts to develop the
capital market in the Kingdom,
and based on CBB Resolution
No. (11) of 2018, Bahrain Bourse
(BHB) announces the completion
of its public consultation on the
‘Listing Rules’ which was disclosed
in May 2018 in order to receive the
views and comments of all stake-
holder groups within the capital
markets prior to the implemen-
tation of the new Listing Rules.
During the consultation period,
Bahrain Bourse received positive
feedback from various stakehold-
ers and is now in the process of
reviewing and consolidating
the feedback and comments re-
ceived. The final Listing Rules
will be published after obtaining
the relevant approvals from the
Central Bank of Bahrain (CBB).
The Chief Executive Officer of
Bahrain Bourse Shaikh Khalifa
bin Ebrahim Al Khalifa said, “The
introduction of the new Listing
Rules goes in line with BHB’s
implementation of the self-regu-
latory organization (SRO) model
which will enhance the regulatory
and supervisory role of Bahrain
Bourse and in return enhance
its competitiveness to attract
further listings to contribute to
the development of the econo-
my in the Kingdom of Bahrain.”
“We would like to express our
sincere gratitude and thanks to
all stakeholders for their support
and valuable feedback during
this consultation exercise, which
aims to ensure alignment of mar-
ket needs,” Shaikh Khalifa added.
Following the approval of the Cen-
tral Bank of Bahrain on the consul-
tation paper, Bahrain Bourse will
publish the new Listing Rules on its
website