BHB launches Bahrain Investment Market regulations

TDT | Manama                                                

The Daily Tribune – www.newsofbahrain.com     

Bahrain Bourse (BHB) yesterday introduced regulatory changes to the Bahrain Investment Market (BIM), an equity market that caters to fast-growing companies seeking growth capital. The changes announced yesterday are effective immediately.

According to BHB, the new regulations were implemented after a comprehensive review of market requirements and form part of the Financial Services Sector Development Strategy to further support growth companies.

Among the changes is a provision that allows companies to file their listing application for BIM directly through BHB, eliminating the mandatory requirement of appointing an authorized sponsor.

This is expected to lower the cost of listing on BIM and streamline the process of complaints, arbitration, investigation, and disciplinary proceedings in line with BHB Listing Rules.

Commenting on the new regulations, Shaikha AlZayani, Director of Listing & Disclosure at Bahrain Bourse, said that they are designed to enhance Bahrain’s capital markets’ positioning among international markets.

These upgrades are expected to improve the market’s efficiency and further support the growth of businesses in Bahrain.