Bahrain Bourse eyes growth of capital market

Bahrain Bourse eyes growth of capital market

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MANAMA: Hosting the largest event for bourses in the Middle East will boost Bahrain’s efforts to develop the capital market, the top official of Bahrain Bourse (BHB) has said.

In the run-up to the Arab Federation of Capital Markets (AFCM) annual conference lined up on March 29 and 30, Shaikh Khalifa Ebrahim Al Khalifa, the chief executive of the self-regulated multi-asset marketplace, told the GDN in an exclusive interview that a key highlight of the event is the handover of the federation’s presidency from the Saudi Stock Exchange (Tadawul) to BHB.

“During its presidency period, Bahrain Bourse will lead the Arab Federation of Capital Markets throughout 2022 and continue the efforts to further develop the federation and enable it to achieve its vision, focusing on enhancing work systems and models at the institutional and technical levels,” he added.

Shaikh Khalifa said this will further advance efforts to develop the federation’s capabilities and competitiveness, as work gathers pace on enhancing BHB’s role to support Arab stock exchanges to promote inter-Arab trade in securities as a key financing source of regional economic and social development plans.

The annual conference serves as a platform for leaders of Arab stock markets and international experts to gather and exchange