Bahrain Bourse Approves BIM Fees

Bahrain-Bourse-Approves-BIM-Fees

Bahrain Bourse Approves BIM Fees

The Chairman of Bahrain Bourse Mr. Yusuf Abdulla Humood issued on Sunday, 6th of November 2016 Resolution No. (8) of 2016 in respect of Bahrain Investment Market (BIM) fees.
 
According to the resolution, companies listed in BIM will have to pay a one-time listing fee of BD1000 and an annual subscription that is equivalent to 0.3% of the company’s paid-up capital with a minimum of BD1000 and a maximum of BD6000 including registry fees. Companies’ sponsors will have to pay an annual subscription fee of BD2000.
 
It is worth mentioning that BIM is one of the initiatives launched by the Bourse to meet the financing requirements of the companies. The launch of the BIM goes in line with the role played by Bahrain Bourse to enhance the Kingdom of Bahrain’s efforts in supporting the SMEs sector in a way that will contribute to the economic growth of Bahrain in order to create more job opportunities for the citizens, create wealth, and increase productivity.

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