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Bahrain Bourse and BENEFIT Partner to launch eIPO Service on BenefitPay as part Bahrain Clear Service Offering
Bahrain Bourse and BENEFIT Partner to launch eIPO Service on BenefitPay as part Bahrain Clear Service Offering

Biz Bahrain

time5 days ago

  • Business
  • Biz Bahrain

Bahrain Bourse and BENEFIT Partner to launch eIPO Service on BenefitPay as part Bahrain Clear Service Offering

BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has signed a strategic cooperation agreement with Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, to launch eIPO Service (electronic initial public offering service) on BenefitPay. This initiative marks a significant advancement in streamlining investor access to public share offerings on the Bahrain Bourse. The new feature within the BenefitPay application, expected to be launched Q4 2025, will provide a fully integrated digital platform that enables users to subscribe to IPOs listed on the Bahrain Bourse. With its intuitive and user-friendly interface, the service will ensure a smooth end-to-end experience—from registration through to payment—while offering detailed and up-to-date information on available public offerings. This enhancement aims to provide retail investors with streamlined access to investment opportunities, improving both accessibility and overall user convenience. Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse and Vice Chairman & Managing Director of Bahrain Clear stated 'We are pleased to collaborate with BENEFIT—an instrumental force in advancing Bahrain's digital financial infrastructure—to expand the reach of our eIPO services through the BenefitPay platform. The eIPO service provides a secure, streamlined process for submitting and managing IPO subscription applications. Integrating this service within BenefitPay represents a strategic evolution in our efforts to enhance investor accessibility, simplify the subscription process, and foster greater public participation in capital market opportunities.' 'The eIPO platform aims to further complement current service offering by Bahrain Clear, and aims to be aligned with the key objective of Financial Services Sector Development Strategy (2022-2026),' Shaikh Khalifa added. Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi, stated: 'We are pleased to announce this strategic partnership with Bahrain Bourse, which represents a major step forward in advancing digital financial services across the Kingdom. By integrating eIPO functionality into BenefitPay, we are enabling individual investors to subscribe to IPOs more efficiently, securely, and transparently. This service simplifies the subscription process and encourages broader investor participation in IPOs—solidifying BENEFIT's role as a key enabler of digital transformation within the Bahrain Bourse and the wider financial ecosystem.' Mr. AlJanahi further added, 'This initiative underscores BENEFIT's ongoing efforts to support the Kingdom of Bahrain's dynamic digital transformation within the banking and financial services sector. We remain dedicated to continuously enhancing the capabilities of the BenefitPay platform by introducing forward-looking features that promote financial inclusion and encourage a more informed and engaged investment community. We are confident that this collaboration will play a meaningful role in increasing investor participation and further strengthening the capital market ecosystem.'

Bahrain students win smart investor challenge
Bahrain students win smart investor challenge

Daily Tribune

time13-05-2025

  • Business
  • Daily Tribune

Bahrain students win smart investor challenge

TDT | Manama Bahrain Bourse, in collaboration with INJAZ Bahrain, celebrated the conclusion of the 2024-2025 'Smart Investor Program' with an awards ceremony on Sunday that brought together students, educators and dignitaries. The event, held at Bahrain Bourse headquarters, was attended by Her Highness Shaikha Hessa Bint Khalifa Al Khalifa, Chairperson of INJAZ Bahrain, alongside officials from the Ministry of Education and representatives of both organisations. Empowering young learners Now in its seventh year, the Smart Investor Program continues to play a key role in advancing financial literacy among young students in Bahrain. The initiative introduces participants to basic personal finance concepts such as budgeting, saving and financial planning through activity-based learning. Students gain practical knowledge designed to help them make informed financial decisions later in life. This year's programme culminated in the Smart Investor National Competition, where 48 student teams competed in two stages. First, teams created videos illustrating core financial concepts. In the second stage, they designed mobile applications to support personal financial planning. Winners recognised Awards were presented to the top three teams from both government and private school categories. In the government school category, first place went to Aamina Bent Wahab Primary Girls School, second to Hamad Town Primary Girls School, and third to Al Mustaqbal Primary Girls School. Among private schools, Al Hekma International School claimed first place, followed by Modern Knowledge Schools and Al Raja School. The 'Best Video' award went to H.H. Shaikha Moza Bint Hamad Al Khalifa Comprehensive School for government schools and to Canadian School Bahrain for private schools. Commitment to financial literacy Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, said the programme remained a catalyst for embedding financial knowledge among youth, highlighting the importance of partnerships with INJAZ Bahrain and the Ministry of Education. Her Highness Shaikha Hessa Bint Khalifa Al Khalifa praised the creativity of the students, noting the event coincided with the 20th anniversary of INJAZ Bahrain's mission to equip young people with practical skills and financial understanding. Bahrain Bourse and INJAZ Bahrain also thanked the Ministry of Education and sponsors including Ahli United Bank, Bank ABC, and National Bank of Kuwait for their support.

Bahrain Bourse to Host 'The Market 2.0' Conference in collaboration with the Arab Federation of Capital Markets
Bahrain Bourse to Host 'The Market 2.0' Conference in collaboration with the Arab Federation of Capital Markets

Biz Bahrain

time08-05-2025

  • Business
  • Biz Bahrain

Bahrain Bourse to Host 'The Market 2.0' Conference in collaboration with the Arab Federation of Capital Markets

Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, has announced that it will host 'The Market 2.0' Conference in collaboration with the Arab Federation of Capital Markets (AFCM) on November 20, 2025. The 'Market 2.0' conference, under the theme 'Disruptive Digital Transformation in Capital Markets,' aims to expand the conversation on how emerging technologies and infrastructural developments are transforming global equity trading. The conference will offer a focused platform to explore the future of exchange technologies and how infrastructure advancements are reshaping international equity markets. It will also aim to highlight the role of these technologies in supporting sustainability and promoting inclusivity across the capital markets landscape. It will convene policymakers, innovators, and key global leaders to develop high-level dialogue around the technological evolution of equity markets. Discussions will span a wide range of trending topics, including the debate between cloud-based and on-premise solutions, regulatory sandbox innovation, AI-based trading algorithms, and real-time trading analytics. The conference is expected to attract over 300 participants, including representatives from exchanges, financial market regulators, brokerage firms, financial experts, technology providers, and other key stakeholders across the trading technology landscape. Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse, said that 'The Market 2.0' conference marks a major step towards building a resilient, inclusive, and technologically advanced capital market. He noted that the fast pace of trading technology requires exchanges and stakeholders to stay agile and forward-looking. He added that hosting this key event in partnership with the Arab Federation of Capital Markets brings together global and regional leaders to promote dialogue and collaboration, reinforcing Bahrain's position as a regional centre for capital market innovation. Rami El Dokany, Secretary General of the Arab Federation of Capital Markets, said that The Market 2.0 Conference reflects the Federation's commitment to advancing Arab capital markets through innovation and knowledge exchange. He noted that as the sector evolves rapidly, the conference provides a timely platform to explore strategic use of technology and align policies to enhance market infrastructure across the region. He added that the AFCM remains dedicated to positioning Arab markets as global leaders in capital market development and is proud to partner with Bahrain Bourse to support this dialogue. For more information and to view the agenda and latest developments, please visit the conference page: BNA(R)

Bahrain Bourse joins global exchanges to ring the bell for gender equality
Bahrain Bourse joins global exchanges to ring the bell for gender equality

Trade Arabia

time23-03-2025

  • Business
  • Trade Arabia

Bahrain Bourse joins global exchanges to ring the bell for gender equality

Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, participated in the annual United Nations 'Ring the Bell for Gender Equality' initiative in conjunction with the celebration of International Women's Day yesterday (March 8), thus marking its seventh consecutive year of participation. The initiative, now in its 11th year with the theme, 'Ring the Bell for ALL Women and Girls: Rights. Equality. Empowerment,' is a collaborative effort between the International Finance Corporation (IFC), the Sustainable Stock Exchanges (UN SSE) initiative, the UN Global Compact, UN Women, and the World Federation of Exchanges (WFE). It aims to highlight the importance of advancing gender equality and empowering women across the workplace, marketplace, and community. Bahrain Bourse said it joined 116 global exchanges and clearing houses to honour the occasion with a week of bell-ringing activities. The bourse's participation is consistent with its broader commitment to fostering gender equality and empowering women within the capital markets sector. This year's initiative engaged both male and female employees at BHB, underscoring the importance of gender parity within the organization and across the industry, it stated. On the key initiative CEO Shaikh Khalifa bin Ebrahim Al Khalifa said: "Bahrain Bourse is proud to consistently participate in the United Nations 'Ring the Bell for Gender Equality' initiative, reaffirming its commitment to empowering women across the financial sector." "By supporting initiatives like this, we emphasize the critical role of diverse perspectives in driving growth and innovation within the industry while advancing the UN Sustainable Development Goal 5 for a more inclusive and sustainable future," he stated. In line with its sustainability action plan, Bahrain Bourse has consistently introduced and supported initiatives that promote gender diversity. During last year's event, BHB launched the Board Mentorship Program in collaboration with the Bahrain Institute of Banking and Finance (BIBF), aimed at cultivating board-ready candidates through a specialized training program. Similarly, during the 2023 ceremony, BHB announced its endorsement of the UN Women Empowerment Principles (WEP), joining over 7,000 global signatories in a voluntary commitment to advancing gender inclusion in the workplace and beyond, said the statement. Notably, in 2019, Bahrain Bourse announced its voluntary commitment to the United Nations Sustainable Stock Exchanges (SSE) initiative to promote sustainable and transparent capital markets as part of its sustainability journey, it added.

Bahrain Bourse approves Al Ramz as external market maker
Bahrain Bourse approves Al Ramz as external market maker

Zawya

time19-02-2025

  • Business
  • Zawya

Bahrain Bourse approves Al Ramz as external market maker

Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, has approved Al Ramz Capital as an External Market Maker, further advancing the kingdom's capital market ecosystem. This step reinforces Bahrain Bourse's commitment to enhancing market liquidity and attracting greater investment flows. With this move, the total number of authorised market makers on Bahrain Bourse has increased to three. CEO Shaikh Khalifa bin Ebrahim Al Khalifa said: "The inclusion of Al Ramz Capital as an External Market Maker reflects our ongoing commitment to strengthening capital market infrastructure and fostering a more efficient trading environment." "The growing interest in market-making at Bahrain Bourse underscores the effectiveness of our updated framework and our commitment to fostering a well-regulated, liquid marketplace that aligns with global standards," he stated. Al Ramz Capital CEO Karim Schoeib said: "We are pleased to join Bahrain Bourse as an External Market Maker, bringing our expertise in liquidity enhancement and market-making to advance the development of Bahrain's capital market." "Through active market-making, we aim to increase liquidity and ensure tighter spreads, contributing to a more structured and transparent marketplace that enhances investment opportunities for both investors and issuers," he noted. The approval follows Bahrain Bourse's adoption of a new Market Making framework in July 2024, which introduced updated Market Making Guidelines while repurposing existing regulations to focus exclusively on Liquidity Provision. This regulatory enhancement aligns with international best practices and clearly distinguishes the roles of Market Makers and Liquidity Providers, ensuring a more structured and efficient marketplace.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

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