Latest news with #YousifAbdullahAlYousif
Daily Tribune
3 days ago
- Business
- Daily Tribune
Leadership shift at Bahrain Bourse
TDT | Manama A new chapter has opened in Bahrain's capital market with the election of Yousif Abdullah Al Yousif as Chairman of Bahrain Bourse, following a complete reformation of the exchange's Board of Directors by royal decree. The leadership change signals a strategic pivot as the bourse sharpens its focus on competitiveness and investor confidence. Strategic reset The board meeting on Sunday marked the first convening since His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, issued Edict (1) of 2025 to reform Bahrain Bourse's board. Alongside the chairman's election, Yousif Abdullah Ali Reza was named Vice Chairman, and new board committees were formed in line with the Corporate Governance Code. The revamped board includes Nabeel Saleh Abdulaal, Raed Abdulla Fakhri, Eman Jawad Al Asfoor, Habib Jawad Habib, Fatema Hamad Abul, Abdulla Abdulrazzaq Bukhowa, and Aisha Mohammed Abdulmalik. Pledging alignment During the meeting, the board expressed gratitude to HRH Prince Salman for the confidence placed in them and pledged to align closely with Bahrain's economic development vision. The leadership underlined its aim to reinforce the bourse's role as a key driver of growth, promising to create an investment environment that appeals to both domestic and international players. Chairman Yousif Al Yousif described the appointment as 'a privilege' and committed to working with fellow board members and the executive team to ensure Bahrain Bourse remains 'a dynamic and resilient financial market.' Focus on trust Shaikh Khalifa bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse, welcomed the board's appointment and said the diverse expertise of its members would be instrumental in shaping long-term strategy, enhancing transparency, and building investor trust. The leadership reshuffle is expected to shape the next phase of Bahrain Bourse's evolution, as it positions itself more firmly within the Kingdom's broader economic transformation.
Trade Arabia
3 days ago
- Business
- Trade Arabia
New Chairman chosen for Bahrain Bourse
Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, elected Yousif Abdullah Al Yousif as the new Chairman of its Board of Directors at its first board meeting on June 1. This follows the issuance of Edict (1) of 2025 regarding the reformation of the Board of Directors of Bahrain Bourse, which was issued on April 29, 2025 by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister, and Chairman of the Bahrain Economic Development Board (EDB). During the meeting, Yousif Abdullah Ali Reza was elected Vice Chairman, and the Board Committees were formed in accordance with the Corporate Governance Code of Bahrain Bourse. The newly appointed Board of Directors comprises Yousif Abdullah Al Yousif, Yousif Abdullah Ali Reza, Nabeel Saleh Abdulaal, Raed Abdulla Fakhri, Eman Jawad Al Asfoor, Habib Jawad Habib, Fatema Hamad Abul, Abdulla Abdulrazzaq Bukhowa, and Aisha Mohammed Abdulmalik. The directors expressed their sincere appreciation and deep gratitude during the meeting to His Royal Highness Prince Salman bin Hamad Al Khalifa for the trust and confidence placed in them through their appointment. The board affirmed its full commitment to supporting His Royal Highness's vision by dedicating all necessary efforts towards advancing the development of Bahrain Bourse and reinforcing its strategic role, as a key driver in the capital market, in supporting the Kingdom's ongoing economic growth. The board also underscored its intent to enhance the competitiveness of the Bourse, ensuring that it remains an attractive and trusted destination for both local and international investment. Al Yousif stated: 'It is a privilege to be entrusted with the responsibility of leading the Board of Bahrain Bourse at such a pivotal time. Together with my fellow Board Members and the Bourse's executive management, we aim to strengthen the Bourse's position as a dynamic and resilient financial market that continues to create opportunities for growth and investment in the Kingdom of Bahrain.' Shaikh Khalifa bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse, added: 'We are pleased to welcome the newly appointed Board of Directors and extend our heartfelt congratulations to the Chairman and Vice Chairman. Their collective and diverse expertise will play an instrumental role in steering Bahrain Bourse's long-term strategy, further enhancing investor's confidence, transparency, and efficiency.'
Zawya
4 days ago
- Business
- Zawya
Bahrain Bourse announces election of Yousif Abdullah Al Yousif as Chairman of the Board during first meeting held following the board reformation
Bahrain Bourse (BHB), a licensed exchange by the Central Bank of Bahrain, held its first Board Meeting on Sunday, 1st June 2025 and elected Yousif Abdullah Al Yousif as the new Chairman of its Board of Directors, following the issuance of Edict (1) of 2025 regarding the reformation of the Board of Directors of Bahrain Bourse B.S.C., which was issued on 29th April 2025 by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister, and Chairman of the Bahrain Economic Development Board (EDB). During the meeting, Yousif Abdullah Ali Reza was also elected as Vice Chairman, and the Board Committees were formed in accordance with the Corporate Governance Code of Bahrain Bourse. The newly appointed Board of Directors comprises Yousif Abdullah Al Yousif, Yousif Abdullah Ali Reza, Nabeel Saleh Abdulaal, Raed Abdulla Fakhri, Eman Jawad Al Asfoor, Habib Jawad Habib, Fatema Hamad Abul, Abdulla Abdulrazzaq Bukhowa, and Aisha Mohammed Abdulmalik. The newly appointed Board of Directors expressed their sincere appreciation and deep gratitude during the meeting to His Royal Highness Prince Salman bin Hamad Al Khalifa for the trust and confidence placed in them through their appointment. The Board affirmed its full commitment to supporting His Royal Highness's vision by dedicating all necessary efforts towards advancing the development of Bahrain Bourse and reinforcing its strategic role, as a key driver in the capital market, in supporting the Kingdom's ongoing economic growth. The Board also underscored its intent to enhance the competitiveness of the Bourse, ensuring that it remains an attractive and trusted destination for both local and international investment. Commenting on the occasion, Yousif Abdullah Al Yousif, Chairman of Bahrain Bourse, stated: 'It is a privilege to be entrusted with the responsibility of leading the Board of Bahrain Bourse at such a pivotal time. Together with my fellow Board Members and the Bourse's executive management, we aim to strengthen the Bourse's position as a dynamic and resilient financial market that continues to create opportunities for growth and investment in the Kingdom of Bahrain.' Shaikh Khalifa bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse, added: 'We are pleased to welcome the newly appointed Board of Directors and extend our heartfelt congratulations to the Chairman and Vice Chairman. Their collective and diverse expertise will play an instrumental role in steering Bahrain Bourse's long-term strategy, further enhancing investor's confidence, transparency, and efficiency.' The appointment of the new Board marks an important chapter in Bahrain Bourse's evolution, as it continues to contribute to the national economic agenda and strengthen its position as a vital pillar of Bahrain's capital market sector.
Daily Tribune
30-04-2025
- Business
- Daily Tribune
HRH CP, PM reforms Bahrain Bourse board
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and Chairman of the Bahrain Economic Devel‑ opment Board (EDB), has issued Edict (1) of 2025, reforming the Board of Directors of Bahrain Bourse B.S.C. (Closed). Under Article II, the term of membership for the reformed board will be three years, effec‑ tive from the date of issuance. Article III states that the edict takes immediate effect and is to be published in the Official Gazette. This reformation comes as part of ongoing efforts to strengthen the governance and strategic direction of Bahrain Bourse, aligning with national goals for capital market devel‑ opment and economic diversi‑ fication. New board members are: 1. Yousif Abdullah Al Yousif Abdullah Ali Reza 3. Nabeel Saleh Abdulaal 4. Raed Abdulla Fakhro 5. Eman Jawad Al Asfoor 6. Habeeb Jawad Habeeb 7. Fatema Hamad Abul 8. Abdulla Abdulrazzaq Bukhowa 9. Aisha Mohammed Abdulmalik
