BDO Consulting authorized BIM Sponsor

Manama : Bahrain Bourse (BHB) has authorized the appointment of BDO Consulting as a specialised advisory firm (sponsor) operating within the Bahrain Investment Market (BIM).

The agreement was signed by the Bahrain Bourse Chief Executive Shaikh Khalifa bin Ebrahim Al Khalifa and BDO Chairman Jawad Habib in the presence of BDO Bahrain CEO Ali Jawad and Partner, Arshad Gadit. 

The agreement with BDO Consulting has added one more key partner to the cornerstone of support that BIM offers businesses and enterprise investors looking to establish and grow their presence in the region. 

In addition to access to capital, listed companies will benefit from specialized advisory services in multiple sectors and the implementation of globally accepted standards for financial auditing and reporting statements as mandated by the BIM.  

Bahrain Bourse Chief Executive Shaikh Khalifa bin Ebrahim Al Khalifa noted, “A diverse and supportive ecosystem is not only essential for driving private sector growth, but also an important determining factor for foreign investors when considering where to invest.” 

Bahrain Investment Market’s partnership with BDO Consulting follows similar tie-ups earlier this year with well-known specialized advisory firms, KPMG and Keypoint. 

Established in 1980, BDO Consulting is a member of BDO International Limited and forms part of the international BDO network. BDO’s global network extends across 158 countries, with over 67,000 people working out of more than 1,400 offices. BDO Consulting is led by 7 partners with a multi-sector focus.

BDO Chairman Jawad Habib said, “We are looking forward to using our international expertise and network with our local presence to provide support and key advisory services for companies wishing to be listed within the BIM.”