September 30, Manama (BNA): In order to further strengthen Bahrain’s capital markets ecosystem, Bahrain Bourse (BHB), a licensed exchange governed by the Central Bank of Bahrain, has decided to enlist Al Ramz Corporation PJSC, a prominent regional financial services group, as its financial advisor.
Bahrain Bourse appoints Al Ramz as Financial Advisor to support Capital Market enhancement
The agreement was formally signed at Bahrain Bourse headquarters with the participation of Mohammad Al Mortada Al Dandashi, Group Managing Director of Al Ramz Corporation; Shaikh Khalifa bin Ebrahim Al Khalifa, Bahrain Bourse’s Chief Executive Officer; Dhafer Sahmi Al Ahbabi, Chairman of Al Ramz Corporation; and Yusef Abdullah Al Yusef, Chairman of Bahrain Bourse.
The appointment demonstrates Bahrain Bourse’s dedication to advancing the Kingdom’s economic growth objectives in accordance with the National Economic Recovery Plan’s aims and Bahrain Economic Vision 2030, as well as moving closer to Emerging Market status.
The Chaiman of Bahrain Bourse’s Board of Directors reaffirmed the company’s dedication to bolstering market classification, improving depth, drawing in investment, and promoting sustainable growth in order to support the Kingdom’s economic expansion. In order to maintain Bahrain’s capital markets competitive and essential to long-term success, collaboration with Al Ramz was emphasized as one of the initiatives to use regional knowledge.
The relationship comes at a critical juncture in Bahrain’s economic transition, according to Al Ramz Chairman, and demonstrates the company’s expertise in capital market development. The partnership’s main objectives will be to promote listings, increase investor confidence, diversify investment options, and strengthen market making and liquidity.
Al Ramz’s experience supports the plan for sustainable growth, innovation, and wider stakeholder participation, the CEO of Bahrain Bourse emphasized, positioning Bahrain’s markets as a dynamic destination for regional and international investors.
