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Issue 11 - MARCH 2017
www.bahrainbourse.comThe ceremony was attended by
Minister of Industry, Commerce,
and Tourism (MoIC) in Bahrain
and the Minister-In-Charge of
Bahrain Bourse H.E. Zayed Rashid
Al-Zayani, Bahrain Bourse Chair-
man Mr. Abdulkareem Bucheeri
Chief Executive Officer of Bahrain
Bourse Sh. Khalifa bin Ebrahim Al
Khalifa, Tamkeen Chief Executive
Dr. Ebrahim Janahi, CEO of EDB
Mr. Khalid AlRumahi, Managing
Partner of KPMG in Bahrain Ja-
mal Fakhro, and Managing Direc-
tor of Keypoint Wajdi Al-Jallad.
Bahrain Bourse CEO Sh. Khal-
ifa bin Ebrahim Al Khalifa said,
“I am pleased to say that the
Bahrain Investment Market is
now officially open for business!
BAHRAIN INVESTMENT MARKET OPENS FOR BUSINESS (CONTINUED)
Having two of the leading advi-
sory firms coming on board as
authorized sponsors and more
expected to join soon, as well as
Tamkeen’s new dedicated support
program, adds even more value
to the BIM’s innovative world-
class equity market ecosystem.”
Sh. Khalifa bin Ebrahim Al Khal-
ifa also noted that the BIM was
developed to address two needs
in the market simultaneously. The
first is the financing gap faced by
fast-growing companies who seek
growth capital but are not yet at
the level where they are able to
meet the criteria of the Bahrain
Bourse Mainboard. The second
is the global investors increasing
demand to invest in companies in
the region, as indicated by the 42%
increase in Bahrain Bourse trad-
ing volumes from 2015 to 2016.
Start-ups represent the larg-
est and fastest-growing seg-
ment of the private sector.
Tamkeen’s Chief Executive Dr.
Ebrahim Janahi said, “Tamkeen’s
support for the Bahrain Investment
Market comes as part of our efforts
to support enterprises across all
stages of development and making
the private sector the key driver of
economic growth, a key element
of which is supporting opportu-
nities for growth and addressing
any key challenges businesses can
face at each stage of their lifecycle.
Managing Partner of KPMG in
Bahrain Jamal Fakhro, noted,
“KPMG has had a presence in
the country for nearly 50 years,
and we understand the needs and
challenges that local enterpris-
es face. We are looking forward
to combining our local expertise
with our global network and re-
sources to provide companies
wishing to be listed within the
BIM with market-leading insights
and tailored Advisory services.”
Managing Director of Keypoint
Wajdi Al-Jallad, commented, “We,
at Keypoint, are proud to partici-
pate as Authorized Sponsors and
we pledge our commitment to
play an effective role to support
the vision of the Bahrain Bourse
to make Bahrain Investment
Market a successful initiative”.