The WFE has voted for Bahrain Bourse to become a full member of the WFE after meeting all the membership criteria of the WFE.
On this occasion, the Chairman of Bahrain Bourse Mr. Yusuf Humood congratulated the wise leadership on the international status attained by Bahrain Bourse which is expected to enhance BHB’s position as a globally-recognized investment market. The achievement reflects the confidence of international federations in the solid technical and legislative infrastructure of the capital markets sector in the Kingdom of Bahrain.
The Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al-Khalifa expressed his pleasure for BHB’s achievement, and ensured that this is the outcome of all the efforts of the Board of Directors of BHB, the Executive Committee, and its employees.
Shaikh Khalifa said, “The voting acknowledges the international recognition and appreciation of the status that BHB has reached and ensures that BHB is on the right path to continue its developments on all work aspects, which will enhance BHB’s status for investors globally.”
“Bahrain Bourse’s achievements, including the legislative and technical developments made during the previous years impressed the members of the WFE at the Annual Meeting,” Shaikh Khalifa added.
Shaikh Khalifa clarified that, post the attainment of the full membership; BHB shall undergo a periodic review by the WFE to ensure BHB’s commitment and compliance with internationally recognized standards in all work aspects. Due to the international significance of WFE’s membership, this achievement is expected to result in attracting further foreign investments.
In line with its efforts to attain the full membership of the WFE, Bahrain Bourse received a high-level delegation of the WFE in August 2014 consisting of five members from international institutions to ensure that BHB meets WFE membership criteria.