issue 20 bahrain bourse recognized as the first semi … june2019... · 2 issue 20 - june 2019...

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Bahrain Bourse | P.O. Box: 3203 Manama - Kingdom of Bahrain | Phone: +973 17261260 | Fax: +973 17256362 - Bahrain Clear Joins Benefit’s EFTS System Page 3 Bahrain Bourse Implements Smaller Tick Size Framework Page 3 Bahrain Bourse & MEIRA Establish a Bahrain Chapter to Further Advance Investor Relations Landscape in the Kingdom of Bahrain Page 5 Bahrain Bourse Honors Top Finalists for 2018-2019 TradeQuest Program with A Total of BD 30,000 Cash Rewards Page 6 Bahrain Bourse and Bahrain Clear Hold Ramadhan Ghabga Page 10 PERIODICAL PUBLICATION ISSUED BY BAHRAIN BOURSE ISSUE 20 JUNE 2019 bahrainbourse.com HIGHLIGHTS BAHRAIN BOURSE RECOGNIZED AS THE FIRST SEMI-GOVERNMENT ENTITY TO RECEIVE 3RD LEVEL (OUTSTANDING) IN INFORMATION SECURITY FORUM ‘THIQA’ BAHRAIN BOURSE PARTICIPATES IN THE FINANCIAL SECTOR CONFERENCE HELD IN RIYADH Bahrain Bourse was recognized as the first semi-government entity to receive the ‘iqa’ award Level 3 during the Information Security Forum ‘iqa’ (Trust) 2019 organized by the Information & Bahrain Bourse announced its par- ticipation in the first edition of the Financial Sector Conference, which is part of the Financial Sector Development Program (a program of Saudi Vision 2030). e eGovernment Authority (iGA), held under the patronage of H.E. Minister of Interior General Shaikh Rashid bin Abdullah AlKhalifa at the Public Security Officers Club. e ceremony was attended by senior officials from public and private sectors along with more than 100 information security specialists from government entities. (Continued on Page 2) conference was held in Riyadh, Kingdom of Saudi Arabia on April 24-25, 2019 under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and was attended by key decision makers and executives representing the financial sector locally, regionally, and internationally. (Continued on page 2)

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Bahrain Bourse | P.O. Box: 3203 Manama - Kingdom of Bahrain | Phone: +973 17261260 | Fax: +973 17256362

-

Bahrain Clear Joins

Benefit’s EFTS System Page 3

Bahrain Bourse

Implements Smaller

Tick Size Framework Page 3

Bahrain Bourse &

MEIRA Establish a

Bahrain Chapter to

Further Advance

Investor Relations

Landscape in the

Kingdom of Bahrain Page 5

Bahrain Bourse

Honors Top Finalists

for 2018-2019

TradeQuest Program

with A Total of

BD 30,000 Cash

Rewards

Page 6

Bahrain Bourse and

Bahrain Clear Hold

Ramadhan GhabgaPage 10

PERIODICAL PUBLICATION ISSUED BY BAHRAIN BOURSEISSUE 20 JUNE 2019

bahrainbourse.com

HIGHLIGHTSBAHRAIN BOURSE RECOGNIZED AS THE FIRST SEMI-GOVERNMENT ENTITY TO RECEIVE 3RD LEVEL (OUTSTANDING) IN INFORMATION

SECURITY FORUM ‘THIQA’

BAHRAIN BOURSE PARTICIPATES IN THE FINANCIAL SECTOR CONFERENCE HELD IN RIYADH

Bahrain Bourse was recognized as

the first semi-government entity

to receive the ‘Thiqa’ award Level

3 during the Information Security

Forum ‘Thiqa’ (Trust) 2019

organized by the Information &

Bahrain Bourse announced its par-

ticipation in the first edition of the

Financial Sector Conference, which

is part of the Financial Sector

Development Program (a program

of Saudi Vision 2030). The

eGovernment Authority (iGA),

held under the patronage of H.E.

Minister of Interior General Shaikh

Rashid bin Abdullah AlKhalifa

at the Public Security Officers

Club. The ceremony was attended

by senior officials from public

and private sectors along with

more than 100 information

s ecur i ty spec i a l i s t s f rom

g o v e r n m e n t e n t i t i e s .

(C ont inue d on Page 2 )

conference was held in Riyadh,

Kingdom of Saudi Arabia on

April 24-25, 2019 under the

patronage of the Custodian of

the Two Holy Mosques King

Salman bin Abdulaziz Al Saud

and was attended by key decision

makers and executives representing

the financial sector locally,

regionally, and internationally.

(C ont inue d on p age 2 )

2

Issue 20 - JUNE 2019 www.bahrainbourse.com

BAHRAIN BOURSE RECOGNIZED AS THE FIRST SEMI-GOVERNMENT ENTITY TO RECEIVE

3RD LEVEL (OUTSTANDING) IN INFORMATION SECURITY FORUM ‘THIQA’ (CONTINUED)

BAHRAIN BOURSE PARTICIPATES IN THE FINANCIAL SECTOR CONFERENCE HELD IN RIYADH (CONTINUED)

This high-level award comes in

recognition of Bahrain Bourse’s

excellence in protecting its IT

infrastructure after successfully

completing the third level of

the ‘Thiqa’ (Trust) IT Security

Program, which aims to enhance

awareness of the information

security and the practices of the

government entities in the King-

dom. The program requirements

The conference aims to enhance

the Kingdom of Saudi Arabia’s

financial sector within Saudi

Vision 2030 programs, especially

the initiatives of Financial Sector

Development Program, in

accordance with its three pillars:

enabling financial institutions

to support the private sector’s

included an application phase for

operations and self-evaluation,

followed by an audit by the

Information & eGovernment

Authority (iGA) to ensure

compliance. On this occasion,

Shaikh Khalifa Bin Ebrahim

Al Khalifa, Chief Executive Officer

of Bahrain Bourse, commented:

“Bahrain Bourse was keen to join

the Information Security program

‘Thiqa’ (Trust) as part of its effective

approach and commitment to the

implementation of the international

standards and best practices of

information security. The Bourse

adopts a solid technical framework

that meets the highest information

security standards, as e-security is

considered one of the key pillars

of the capital markets globally.

“This achievement comes as an

appreciation and support from

the Information & eGovernment

Authority (iGA) for the Bourse’s

efforts in developing and enhancing

the Bourse’s information security

infrastructure, which reflects

positively on the capital market

sector.” Sh. Khalifa added.

growth, developing an advanced

financial market, and enabling

the financial planning in all

segments of the society. The

conference hosted more than 80

speakers, 21 panel discussions,

and more than 2000 attendees.

The conference highlighted

key themes, including financial

sector capacity building, financial

technology (FinTech), the financial

sector competitiveness, Islamic

finance, real estate finance, and

the challenges and opportunities

in the insurance market. The

conference featured diverse

representation from the public

and private sectors, including

the international institutions,

leading globally-recognized

consultancy and financial services

firms, International rating agencies,

financial professionals and

experts in investment, stock mar-

kets, funding, and insurance as well.

3

Issue 20 - JUNE 2019 www.bahrainbourse.com

BAHRAIN CLEAR JOINS BENEFIT’S EFTS SYSTEM

BAHRAIN BOURSE IMPLEMENTS SMALLER TICK SIZE FRAMEWORK

Bahrain Clear (‘BHC’), a fully

owned subsidiary of Bahrain

Bourse signed a cooperation

agreement with “BENEFIT”, the

leading electronic transactions

company, under which Bahrain

Clear will join the Electronic

Fund Transfer System (EFTS).

The agreement was signed by

Vice Chairman and Managing

Director of Bahrain Clear Sh.

Khalifa bin Ebrahim Al-Khalifa, and

BENEFIT’s Chief Executive

Officer (CEO), Abdulwahed

In accordance to the best

international standards & glob-

al practice, and as part of its ef-

forts to enhance market liquidity,

Bahrain Bourse announced the

implementat ion of a new

tick size framework which

AlJanahi. The agreement allows

investors, brokers, custodians and

issuers to pay fees and commissions

of all services provided by

Bahrain Clear, smoothly and in

a secure manner. The service will

be available to the public through

Fawateer’s service on all e-banking

p l a t f o r m s . Th r o u g h o u t

the agreement , BENEFIT

seeks to provide anci l lary

services for the financial sector

in the Kingdom of Bahrain.

BENEFIT was established in

November 1997 by 17 commercial

banks as the National ATM and

Point of Sale switch of Bahrain.

It was initially licensed by the

Central Bank of Bahrain (CBB)

to be ‘the provider of ancillary

services for the financial sector. It

specialises in the development of

innovative e-payment solutions,

and provision and management

of multiple electronic channels

for payment and settlement

of dues, bills and transfers.

It is worth noting that Bahrain

Clear was established in June

2017 as a clearing house licensed

by Central Bank of Bahrain.

Bahrain Clear is a fully owned

subsidiary of Bahrain Bourse with

a disclosed capital of 5 million

Dinars, and a paid up capital of

1 million Dinars. Bahrain Clear

offers pre and post trade services

to investors as well as a range of

services including transactions

depository, clearing, settlement,

central registry and registration.

aims to unify all categories of

listed financial instruments

(excluding Debt and T-bill

securities) at BD 0.001 & USD 0.001.

The new tick size framework

has been designed to mitigate

investors risk in the event of price

drops and limit excessive disruption

to the market. The new tick size

aims to revitalize companies with

lower market capitalization and

help incentivize investors due to

narrower market spreads. Investors

will also be able to place orders

with smaller fractions, which will

enable investors to mitigate risks.

Commenting on this occasion,

Abdulla Janahi- Director of

Trading Operations stated, “The

new tick size which came into

effect on the 19th of May 2019

will allow the unification of the

security tick size movements

for all the securities traded in

BHB’s market (excluding Debt

and T-bill securities). The change

of the tick size follows best

practice on international trading

venues and aligns our market

with those standards to ensure

its continued competitiveness.”

With the change of the tick size,

prices of financial instruments

(excluding Debt and T-bill

securities) traded on Bahrain

Bourse will be determined with

a greater precision. This would

help narrow market spreads (the

difference between the ask price

and the bid price) and ensure a

more precise market valuation of

the instruments. The change will be

particularly relevant for companies

with lower market capitalization,

for which a price change by BD

0.001 (or US$ 0.001 for compa-

nies traded in USD) represents a

major percentage change in value.

4

Issue 20 - JUNE 2019 www.bahrainbourse.com

NBB LAUNCHES CUTTING EDGE ONLINE TRADING PLATFORM WITH AL WATANI TRADE

ITHMAAR HOLDING SILVER SPONSOR OF BAHRAIN BOURSE’S 2nd EDITION OF THE “SMART INVESTOR” PROGRAM

National Bank of Bahrain (NBB)

announced the expansion of its

digital offering with the launch

of its latest innovation, Al Watani

TRADE, a new and cutting edge

online trading platform that allows

clients to trade equities and other

securities directly on Bahrain

Bourse using a smart devices.

Al Watani TRADE was inaugurated

at Bahrain Bourse trading floor

during open of trade. The ceremony

was attended by NBB management

and staff to launch the service,

which has been developed in

collaboration with Mubasher

Bahrain Bourse has announced

Ithmaar Holding, a Bahrain-based

Islamic financial institution, as a

Silver Sponsor for the “Smart

Investor” Program in its 2nd edition

for the academic year 2019/2020.

The Smart Investor program is

Financial Services in line with

NBB’s broader efforts to drive

digital innovation across the Bank

and to create online products

and services that make banking

a n d m a n a g i n g w e a l t h

more s imple , s ecure and

convenient for its customers.

Al Watani TRADE offers

minimum upfront investment

costs and a more efficient and

simplified way for customers to

access the market from wherever

they are. Among Al Watani

TRADE’s key features are:

Customised stock alerts and smart

grid watchlists to keep track of

favourite stocks, View buying

power information with just a

click, Consolidated portfolio

review and evaluation, Historical

transactions record, Investment

analysis tools and resources,

Real-time market notifications for

potential investment opportunities,

Major Global Market Summary

to help monitor price movement

and keep track of the key market

indices , commodit ies and

currencies and Trading alerts and

notifications via SMS and email.

It is noteworthy that the ‘AlWatani

Trade’ platform falls under the

‘Bahrain Trade’ network; one of the

most recent initiatives that aims

to enhance investors experience

at Bahrain Bourse. AlWatani

Trade is jointly being operated

with ‘Mubasher’ financial services

company, a licensed broker on

Bahrain Bourse and the Middle

East Region’s leading brokerage

services provider. The solution has

been designed to provide investors

with high-tech and safety for

execution of transactions as well

as convenience and ease of use.

a national awareness program

organized in collaboration with

INJAZ Bahrain, and aims at

promoting financial and investment

l iteracy among elementary

school students in Bahrain.

To formally announce the

sponsorship, Sh. Khalifa bin

Ebrahim Al-Khalifa, Chief

Executive Officer of Bahrain

Bourse, received Mr. Ahmed

Abdul Rahim, Chief Execu-

tive Officer of Ithmaar Holding

with the attendance of senior

representatives from both orga-

nizations. During the 2018/2019

academic year, the Smart Investor

program was ro l l ed out

to 61 s chool s , t arge t ing

over 5,200 students across

Grade 4 elementary level.

5

Issue 20 - JUNE 2019 www.bahrainbourse.com

BAHRAIN BOURSE & MEIRA ESTABLISH A BAHRAIN CHAPTER TO FURTHER ADVANCE INVESTOR RELATIONS LANDSCAPE IN THE KINGDOM OF BAHRAIN

CERTIFIED INVESTOR RELATIONS PROGRAM ROLLED-OUT UNDER THE INVESTMENT ACADEMY UMBRELLA

Bahrain Bourse and the Middle

East Investor Relations Association

(MEIRA) has officially launched

a new chapter in Bahrain, to

further develop and enhance best

practices in Investor Relations (IR)

across the Kingdom of Bahrain.

The MEIRA Bahrain Chapter

was formal ly inaugurated

yesterday at the signing ceremony

of founding members who have

recognised their commitment

to develop the IR function in

the local market. The founding

Middle East Investor Relations

Association (“MEIRA”) and the

Bahrain Institute of Banking &

Finance (“BIBF”) in the presence

of MEIRA Bahrain Chapter Head,

signed an agreement to roll-out

the Certified Investors Relations

Program (‘CIRO’) in the Kingdom

of Bahrain under the Investment

Academy umbrella. The CIRO

members include Aluminium

Bahrain (‘ALBA’) (represented

by Eline Hilal), Bank ABC (rep-

resented by Brendon Hopkins),

Bahrain Telecommunications

C o m p a n y ( ‘ B a t e l c o ’ )

(represented by Faisal Qamhiyah),

Ithmaar Holding (represented by

Sameh Mohamed Mahmandar),

National Bank of Bahrain

(represented by Russell Bennett),

and SICO BSC (c) (represented

by Fadhel Makhlooq). Bahrain

Bourse will also lead the Chapter

represented by MEIRA Bahrain

Chapter Head, Marwa AlMaskati.

The signing ceremony took place

at Bahrain Bourse premises and

it was followed by an IR seminar

attended by more than 30

representatives from local listed

companies who had the opportunity

to discuss the importance of the

IR function from the investment

community perspective. This

initiative is part of the MOU

signed between MEIRA and

Bahrain Bourse in order support for

the development of international

standards in IR and corporate

governance across the Kingdom.

Members of the MEIRA Bahrain

Chapter will now have access to

a wealth of IR knowledge from

global leaders in the profession in

the form of specific educational

initiatives and will be able to

benefit from engaging local

events aimed at uniting and

advancing the IR community.

program has been launched

as a joint initiative between

B a h r a i n B o u r s e ( B H B ) ,

M E I R A , an d t h e B I BF.

The signing ceremony took place

at Bahrain Bourse premises and

it was followed by a seminar

attended by representatives

from local listed companies

who had the opportunity to

d i s c u s s t h e i mp o r t a n c e

of the CIRO cer t ificat ion

within their line of work.

The CIRO program aims to

offer professional talent a unique

o p p o r t u n i t y t o a c q u i r e

certification within IR, which is

increasingly becoming an important

function within listed companies.

The CIRO program will be

fully supported by Tamkeen

(Labour Fund) under their

Training & Wage Support program.

The CIRO program is an interna-

tionally recognised certification

program for the investor relations

profession. In the Middle East, the

program is organised by the Middle

East Investor Relations Association

(MEIRA), in partnership with

the UK IR Society (UKIRS) and

delivered by the Bahrain Institute

of Banking and Finance (BIBF)

in the Kingdom of Bahrain. A

three-day intensive training

course of a total of 20 hours, is

followed by a 60-minute exam.

The Certificate in Investor

Relations is regarded as a valuable

benchmark for IR professions.

Obtaining the Certificate in

IR would enable delegates to

obtain international recognition as

a qualified IR practitioner, demon-

strates expertise and competence

in IR field, and enhances

career development within IR.

The program focuses on six key

topics: principles & practices

of investor relations, global

financial markets, companies &

regulation,regulatory environment,

accounting, valuation & investment

principles, effective IR in practice.

6

Issue 20 - JUNE 2019 www.bahrainbourse.com

BAHRAIN BOURSE HONORS TOP FINALISTS FOR 2018-2019 TRADEQUEST PROGRAM WITH A TOTAL OF BD 30,000 CASH REWARDS

Under the patronage of H.E.

Zayed bin Rashid Alzayani, the

Minister of Industry, Commerce,

& Tourism and the Minister in

Charge of Bahrain Bourse and

in the presence of H.E. Rasheed

Mohammed Al-Maraj, the CBB

Governor, the final TradeQuest

Awards Ceremony was held on

Sunday, 21st April 2019 where

high school & university students

taking part in the TradeQuest

Program, organized by Bahrain

Bourse, were honored at the

ceremony with top finalists receiv-

ing a total of BD 30,000 cash reward.

The ceremony was attended by

students and their respective

families, senior representatives

from sponsoring organizations,

and other senior officials from the

Ministry of Education, as well as

the officials of Bahrain Bourse.

The top three winners from

the Private schools category

were as follows, 1st Place – Ibn

Khuldoon National School, 2nd

Place – Al Noor Internation-

al School, and 3rd Place – St.

Christopher’s School. The top

three winners from the Govern-

ment schools category were as fol-

lows: 1st Place – Khawla Secondary

Girls School, 2nd Place – AlNoor

Secondary Girls School, and 3rd

Place – Jidhafs Secondary Girls

School. The top three winners from

the Universities category were as

follows: 1st place – Ahlia University,

2nd Place - BIBF, and 3rd Place –

Royal University for Women.

The 2018-2019 TradeQuest

program includes a total of 18

school teams (including Private

and Government Schools) and 6

universities; private schools are:

bdul Rahman Kanoo International

School, Bahrain School, Al-Hekma

International School, Ibn Khuldoon

Nat iona l S chool , Naseem

International School, New

Millennium School, Al Noor

Inte rnat iona l S chool , S t .

Christopher’s School, and Al

Wi s am S cho o l , and t he

Government Schools are: Ahmed

Al Omran Secondary Boys

School, Al-Istiqlal Secondary

Girls School, Jidhafs Secondary

Girls School, Khawla Secondary

Girls Schools, Al Noor Secondary

Girls School, Saar Secondary

Girls School, Shaikh Isa bin Ali

Secondary Boys School, Sitra

Secondary Girls School, and Al

Ta’awon Secondary Boys School.

The participating universities

are: Ahlia University, Arab Open

University, Bahrain Polytechnic,

BIBF, Royal University for Women,

and the University of Bahrain.

This year, Bahrain Bourse is

particularly thankful to the

network of sponsors whom have

sponsored TradeQuest program

in the interest of enhancing

investment awareness among

high school and university stu-

dents: Strategic Partner: Tamkeen

(Labour Fund), Platinum sponsors

include: Bank ABC, Bahrain

Mumtalakat Holding Compa-

ny (Mumtalakat), Economic

Development Board, Khaleeji

Commercial Bank, National

Bank of Bahrain, Al Salam Bank

Bahrain. Gold Sponsors include:

Ahli United Bank, Inovest, SICO

and United Gulf Bank. Silver Spon-

sors include: BBK, Esterad, and

Gulf International Bank (GIB),

and our Knowledge Partner: BIBF.

7

Issue 20 - JUNE 2019 www.bahrainbourse.com

BAHRAIN BOURSE HOLDS 2018-2019 SMART INVESTOR FINAL EVENT

The 2018-2019 Smart Investor

Program, organized by Bahrain

Bourse in collaboration with

INJAZ Bahrain, was concluded

with a visit of 150 students from

61 participating schools who

participated in the program to

Bahrain Bourse’s premises with

the attendance of the Chief

Executive Officer of Bahrain Bourse,

Assistant Undersecretary for

General & Technical Education

at the Ministry of Education

Mrs. Latifa Bunudha along

with officials f rom INJAZ

Bahrain and school coordinators.

During the event, students were

introduced to various concepts

related to the content covered

during the past six months, with

the aim of ensuring and reinforcing

the understanding of students

to the concepts learned. Various

act ivit ies focusing on the

importance of money and

saving, critical thinking, analysing

and speci fy ing, emotional

i n t e l l i g e n c e , e m p a t h y ,

and collaboration. It is worth to

mention that the Smart Investor

Program was officially launched

in September 2018. The Program

consists of 7 themed sessions

designed to equip students with

the following concepts: Thinking,

S p e c i f y i n g , P l a n n i n g ,

Execution, Saving, Progression, and

Evaluation. Participating students

receive a magazine which includes

comics and hands-on exercises on

the abovementioned concepts.

During the 2018-2019 academic

year, the Smart Investor program

has been implemented across

76 schools, 212 classes, with the

support extended form 212

educators t arge t ing more

than 5500 students within

Grade 4 elementary level.

Bahrain Bourse is particularly

thankful to the Ministry of

Education for the support

extended to ensure the successful

implementation of the Smart

Investor program as well as the

following institutions who have

sponsored the ‘Smart Investor’

program for the academic year

2018-2019 in the aim of spreading

financial knowledge across

the youth: Strategic sponsors

include: Labour Fund (Tamkeen).

Gold Sponsors include: GPIC.

Silver sponsors include: Bahrain

Islamic Bank, BBK, Ithmaar Bank,

and National Bank of Bahrain.

8

Issue 20 - JUNE 2019 www.bahrainbourse.com

TAMKEEN STRATEGIC PARTNER OF BAHRAIN BOURSE’S 2nd EDITION OF THE “SMART INVESTOR” PROGRAM

BAHRAIN BOURSE LISTS 10 TREASURY BILL ISSUES AND SHORT-TERM ISLAMIC LEASE (IJARAH) SUKUK WORTH BD563 MILLION

Bahrain Bourse has announced

Tamkeen (Labour Fund), as a

Strategic Partner for the “Smart

Investor” Program in its 2nd

edition for the academic year

2019-2020. The Smart Investor

program is a national awareness

program organized in collaboration

Bahrain Bourse (BHB) announced

on Tuesday, 21st of May 2019 the

listing of 10 issues in the Trea-

sury Bills Market worth a total

with INJAZ Bahrain, and aims

at promoting financial and

investment literacy among elemen-

tary school students in Bahrain.

The Smart Investor program is

a national awareness program

launched in 2018 in collaboration

with INJAZ Bahrain targeting

elementary students. The program

aims at equipping young students

with basic concepts related to

money management, savings and

smart financial planning through

interactive edutainment activities

in order to assist them in

making sound financial decisions.

The Program cons i s t s of

seven-themed sessions designed

to equip students with the

following concepts: Thinking,

S p e c i f y i n g , P l a n n i n g ,

E x e c u t i o n , S a v i n g ,

Progression, and Evaluation.

The program’s next edition is

expected to kick-off during the

academic year 2019-2020

w i t h p l a n n e d a c t i v i t i e s

t a r g e t i n g t h e p u b l i c

scheduled for the summer period.

During the 2018-2019 academic

year, the Smart Investor program

has been implemented across

76 schools, 212 classes, with the

support extended from educators

and volunteers targeting more

than 5500 students within

Grade 4 elementary level.

of BD563 million, issued by the

Central Bank of Bahrain with

discount rates ranging between

3.18% and 4.39% for 3-12 months.

With the listing of those issues,

the total number of Treasury Bills

and Short-Term Islamic Lease

(Ijarah) Sukuk listed at Bahrain

Bourse became 24 issues with

a total value of BD1.47 billion.

9

Issue 20 - JUNE 2019 www.bahrainbourse.com

SIX MONTHS MARKET STATISTICS 2019

1,391.42

1,412.66 1,413.32

1,433.921,433.52

1,471.04

1,340.00

1,360.00

1,380.00

1,400.00

1,420.00

1,440.00

1,460.00

1,480.00

01-01-2019 01-02-2019 01-03-2019 01-04-2019 01-05-2019 01-06-2019

10

Issue 20 - JUNE 2019 www.bahrainbourse.com

GUeSTS

Students of the University of Bahrain

Students of the Eastern School

ACTIVITIES

Bahrain Bourse and Bahrain Clear held their Ramadhan

Ghabga at Wyndham Grand Manama. The event was attended by Mr.

Abdulkareem Bucheery, Chairman of Bahrain Bourse, Shaikh

Khalifa Bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain

Bourse, along with Board Members and executive management of

Bahrain Bourse, and a number of CEOs from the listed companies

as well as representatives from the press and media.

The event provided the opportunity for guests to meet and

socialize with Bahrain Bourse’s management, while enjoying

delicious Arabic dishes and Ramadhan specialties

Shaikh Khalifa expressed his gratitude and appreciation to all

the media guests for all their efforts in communicating Bourse’s

messages to the society.

Bahrain Bourse and Bahrain Clear Hold Ramadhan Ghabga

11

Issue 20 - JUNE 2019 www.bahrainbourse.com

Bahrain Bourse Holds its Semi-Annual Brokers Meeting

Bahrain Bourse holds a Session for Beneficiaries of the National Guidance Program for Bahraini Women

Bahrain Bourse Participates in the Global Entrepreneurship Congress 2019

Bahrain Bourse Participates in the 3rd Procurement 2019 Conference

As part of its continuous efforts to enhance stakeholder

engagement, Bahrain Bourse held its 3rd semi-annual brokers meeting

for its broker members on Tuesday, the 25th of June 2019 which was

held at the Bourse’s premises in the Bahrain Financial Harbour.

During the meeting, brokers were updated on key developments

taking place at Bahrain Bourse including the newly proposed opening

investor account process and the implementation of VAT on

Bahrain Bourse’s services, commencing on the 1st of July 2019.

Brokers’ feedback was also obtained on the new tick size framework

implemented in May 2019.

The Supreme Council of Women and Bahrain Bourse organized

a session targeting female beneficiaries of the early retirement

pension program on 5th May 2019 as part of the National Guidance

Program for Bahraini Women, with the aim of introducing the

beneficiaries to the various investment opportunities available

at the Bourse and the fundamentals of investment. Bahrain

Bourse organizes those sessions on a periodical basis to enhance

investment awareness targeting various age groups within the

society.

Bahrain Bourse team participated in the Procurement

Middle East 2019 conference in its third annual

edition held under the Patronage of H.E.

Eng. Basim bin Yacob AlHamer, Minister of Housing

which was held on 23 – 25 April 2019 in the Kingdom of Bahrain.

Bahrain Bourse participated in the Global Entrepreneurship

Congress 2019 with a session discussing Access to Growth Market:

A Look at the Bahrain Investment Market.

It is worth mentioning that the Global Entrepreneurship Congress

gathers together thousands of entrepreneurs, investors, researchers,

policymakers and other startup champions from more than 170

countries to identify new ways of helping founders start and scale

new ventures around the world.

ACTIVITIES

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Issue 20 - JUNE 2019 www.bahrainbourse.com

BHB FamilyBahrain Bourse and Bahrain Clear Hold Employees Ghabga

Bahrain Bourse Team Attends ‘CIRO’ Training by MEIRA in Abu Dhabi

Bahrain Clear Team Attends ‘ANNA’ General Meeting in Frankfurt

Long Service Employees Honored

Bahrain Bourse and Bahrain Clear hosted a Ramadan Ghabga

gathering for the staff at Art Rotana Hotel on Tuesday, 14th May 2019.

The event brought together staff and family members

of Bahrain Bourse and Bahrain Clear in

an atmosphere of Ramadan celebration and traditional setting. The

event included games and raffles to which the winners were awarded.

Bahrain Bourse team attended a ‘Certified Investor

Relations Officer’ training organized by Middle East Investor

Relations Association (MEIRA).

The training was held in Abu Dhabi, The United

Arab Emirates from 25th to 27th June 2019.

Bahrain Clear Head of Central Depository Mr. Mustafa

Mahdi Mohammed attended the National Association of

Numbering Agency (ANNA) General Meeting held in Frankfurt.

ANNA is a global industry association of National Numbering

Agencies (NNAs) with more than 120 members across the globe.

Bahrain Bourse & Bahrain Clear honored its long service employees

on Tuesday 14th May 2019 where awards were presented to

the honored employees.

During the ceremony, Bahrain Bourse and Bahrain

Clear employees who have completed

from five to twenty years of service were recognized for

their achievements and years of dedication.

ACTIVITIES

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Issue 20 - JUNE 2019 www.bahrainbourse.com

BHB FamilyEid Al Fitr Celebrated

Bahrain Bourse Bids Farewell to its Strategy and Projects Senior Administrator

Bahrain Bourse Bids Farewell to its Marketing Senior Administrator

Bahrain Bourse Bids Farewell to its Risk Management Assistant

In celebration of Eid Al Fitr, and with the aim of enhancing

employees engagement and social bonds, Bahrain Bourse

and Bahrain Clear organized a breakfast gathering for the

employees held at Bahrain Bourse premises in the

Financial Harbour.

Bahrain Bourse organized a farewell gathering to

honor Mr. Yaqoob Yusuf Albalooshi, the Senior

Administrator of Strategy & Projects at Bahrain Bourse.

Mr.Yaqoob Albalooshi expressed his gratitude to Bahrain Bourse

and wished the Bourse continued success and prosperity.

Bahrain Bourse organized a farewell gathering to honor its

departing Senior Administrator of Marketing & Business

Development, Mrs. Maha Ebrahim attended by

Bahrain Bourse and Bahrain Clear staff and management.

Bahrain Bourse thanked Mrs. Maha Ebrahim for her efforts during

her years of service and wished her many continued successes

in her life.

Bahrain Bourse honored its departing Risk Management

Assistant, Mr. Ahmed Omar Alsharif during a farewell gathering.

Bahrain Bourse management thanked Mr.

Ahmed Omar Alsharif for his efforts during

the past years and wished him many

continued successes in his career.

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Issue 20 - JUNE 2019 www.bahrainbourse.com

BHB Family

Abeer Mahmood Seyam

Supervisor of Enterprise Systems

Cecil Paul Cherppanath

Facility Management Supervisor

Hajar Ahmed Sultan

Compliance Supervisor

Hamad Abulfath Hassan

Director of Administration

Affairs & HR

Husain Abdulmohsen Aljamri

Assistant Director of Information

Technology

Manal Mohamed Yusuf

Head of IT Development

Faisal Ahmed Saleh

Head of Market Control

Hamad Abdulaziz Najem Aljeemaz

Head of Internal Audit

Hiba Parweez Sarwani

Assistant Director of Strategy

and Projects

Maali Husain Talib

Supervisor of Clearing & Settlement

Promotions

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Issue 20 - JUNE 2019 www.bahrainbourse.com

BHB Family

New Joiners

BHB Family

Meead Husain Hasan

Supervisor of Chief Executive

Officer`s Office

Salman Nabeel Alzayani

Head of Administration Affairs & HR

Sarah Waleed Ahmadi

Head of Legal Affairs

Elyas Yusuf Baqer

Senior Administrator of Marketing

& Business Development

Faisal Jamal Taqi

Disclosure Specialist

Razan Khaled Mahmood

Administration Affairs & HR Senior

Administrator

Zainab Ebrahim Mohamed

Compliance Assistant

Promotions

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Issue 20 - JUNE 2019 www.bahrainbourse.com

interactive VIDEOS

BTV’s coverage to the TradeQuest Final Ceremony 2018-2019

Smart Investor 2018-2019 Final Event

Bahrain Bourse CEO’s Interview with Sky News Arabia

Bahrain Bourse’s CEO interview during the Financial Sector Conference

BTV’s Interview with the Head of Information Security at Bahrain Bourse

TradeQuest 2018-2019 Highlights

TradeQuest Final Ceremony 2018-2019TradeQuest & Smart Investor Appreciation Luncheon

Happy OccassionsEngagements • Hajar Yaqoob Ishaq, Receptionist, HR & Administration Affairs

BHB Family