Bahrain Bourse plans to boost government firms’ IPOs: CEO

14/11/2023 Argaam Special
Bahrain BourseCEO Khalifa bin Ebrahim Al-Khalifa

Bahrain Bourse CEO Khalifa bin Ebrahim Al-Khalifa


Bahrain Bourse will unveil a plan soon to boost the initial public offerings (IPOs) of state-owned companies, or government-affiliated entities, said CEO Khalifa Al-Khalifa.  

   

The bourse seeks to launch the IPOs, as well as the market-making via Tabadul regional platform, Al-Khalifa told Argaam on the sidelines of the 2023 MEIRA Annual Conference and Awards in Bahrain.   

  

Al-Khalifa said the bourse was working to develop Tabadul platform to include the primary, as well as the IPO markets, a step that represents a qualitative transition after the linking the markets.  

 

This will additionally allow companies to join a geographically-based platform. 

 

Further, the record attendance at the conference confirmed the attractiveness of the GCC markets to foreign investors, in addition to the importance of investor relations, and other criteria of the environmental, social and governance (ESG) framework. 

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