Bahrain Bourse re-elected to Arab Federation of Capital Markets

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Bahrain Bourse participated in the meeting of the General Assembly of the Arab Federation of Capital Markets (AFCM), with Chief Executive Officer of Bahrain Bourse, Sh. Khalifa bin Ebrahim Al-Khalifa and CEOs of stock exchanges and Arab clearing and depository companies.

During the meeting, Bahrain Bourse was re-elected by the consensus of the members, as members of the Federation’s Board of Directors, and Saudi Exchange (Tadawul) representing the Arab Gulf Region.

Amman Stock Exchange and Iraq Stock Exchange were elected to represent the Levant region, and The Egyptian Exchange and Tunis Stock Exchange to represent the Arab African countries.

Misr for Central Clearing, Depository and Registry (MCDR) and The Securities Depository Center Company (Edaa) were elected to represent Arab clearing houses.

In addition, Damascus Securities Exchange, Dubai Gold & Commodities Exchange, and the Khartoum Stock Exchange were elected as members of the Audit and Governance Committee. Sh. Khalifa bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse said, “As an active member in the AFCM, we look forward to enhance the investment environment by promoting the various investment opportunities available in the region.”