The session was attended by Chairman of the Bahrain Chamber, Nabeel Kanoo, Chairman of Bahrain Bourse, Yousef Abdullah Al Yousif, Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ibrahim Al Khalifa, and members of the boards and executive management of both parties.
Held at Bahrain Chamber's headquarters, the session reviewed the strategic pillars and key initiatives of the “Irtiqa” plan, while discussing ways to enhance private sector participation in the growth and development of Bahrain’s capital markets. It also highlighted the strong partnership between Bahrain Bourse and BCCI and their shared commitment to advancing the Kingdom’s capital market ecosystem.
A joint committee was formed between the two institutions to enhance cooperation and coordinate efforts aimed at developing the capital market and supporting the private sector, reflecting their strategic partnership and commitment to economic development.
Chief – Strategy at Bahrain Bourse, presented the “Irtiqa” plan, outlining its five key objectives: developing Bahrain’s capital market ecosystem; providing high-quality services to market participants; enhancing competitiveness and alignment with regional and international standards; strengthening market resilience; and expanding and diversifying investment opportunities locally and regionally.
Kanoo said the private sector plays an important role in developing Bahrain’s capital markets, noting that such sessions provide an opportunity to strengthen dialogue and expand private sector participation.
Al Yousif said the plan aims to build a more diverse, deeper and competitive market that creates sustainable value for issuers, investors, brokers and other market participants. He highlighted continuous engagement with the private sector as key to identifying opportunities and achieving the plan’s objectives.
The session concluded with discussions on increasing market participation and encouraging new listings, supporting Bahrain’s position as a regional investment hub.