Bahrain Stock Exchange receives the handover of the Arab Capital Markets Federation for the year 2022

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The Bahrain Stock Exchange hosted the 47th Meeting of the Arab Capital Markets Federation (AFCM) on Monday, March 28, 2022 with the participation of members of the federation, which includes CEOs of stock exchanges, brokerage firms, custodians and clearing houses in the MENA region, where the Bahrain Stock Exchange assumed the rotating presidency of the Federation of Saudi Stock Exchange (Tadawul).

During the meeting, the recommendations of the executive committee on the financial statements and the auditor’s report for 2021 were approved as well as the provisional budget. The meeting also discussed the federation’s upcoming plans for the year 2022, including federation committee meeting dates and workshops and sessions to be held related to stock market activities.

On the sidelines of the meeting, Sheikh Khalifa bin Ebrahim Al-Khalifa, Managing Director of the Bahrain Stock Exchange rang the bell alongside the CEOs of the stock exchanges and members of the Federation to mark the handover of the presidency of the Saudi Stock Exchange (Tadawul ) in Bahrain Stock Exchange.

It should be noted that the Bahrain Stock Exchange will host the AFCM Annual Conference titled ”AFCM Annual Conference: Bahrain 2022” virtually under the patronage of His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy on 29-30 March 2022. The ”AFCM Annual Conference: Bahrain 2022” aims to create an enabling environment for Arab financial markets, as well as to enhance their integration and liquidity. Additionally, the event plays a key role in bringing Arab financial market leaders together with regional and international experts. The conference is expected to attract more than 600 attendees from stock exchanges and will bring together financial market regulators, brokerage firms, investment fund managers and business journalists.

For more information on the AFCM Annual Conference, please visit: https://arab-exchanges.org/afcm-bahrain-2022/.

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About the Bahrain Stock Exchange

Bahrain Bourse is a self-regulated multi-asset market operator established in 1987. Bahrain Bourse aims to provide its investors, issuers and intermediaries with a comprehensive suite of exchange-related services, including listing, trading, settlement and deposit for various financial instruments. Our goal is to offer our stakeholders the best investment and trading solutions, and to combine them with creative ideas and problem-solving skills to provide our investors, issuers and intermediaries with valuable resources to meet to all their expectations. Our main pillars of growth underpin the way we do business and the way we interact with our stakeholders: origin, innovation, collaboration and pioneering spirit, and all working together is what which allows us to offer you an “oasis of investment opportunities“.

On Arab Capital Markets Federation (AFCM)

The Arab Capital Markets Federation was established in June 1978 to be the governing body of the Arab stock exchanges, on the recommendation of the Conference of Arab Central Banks, held under the auspices of the General Secretariat of the League of Arab States in the Hashemite Kingdom . from Jordan. The headquarters of the Arab Capital Markets Federation is located in Beirut, Lebanon.

The AFCM is the Arab industry group for 17 exchanges and 4 clearing houses (CSDs) and several affiliate members (financial institutions, brokerage firms) from all Arab regions (GCC, Levant and Arab countries in Africa). The Federation was created to contribute “to the development of regulations and the promotion of harmonized and proactive legislation, as well as the exchange of views and the provision of opportunities for cooperation between members”.

For media inquiries, please contact:
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Email: [email protected]

For general inquiries, please contact:
Bahrain Financial Port
Harbor Gate, Level 4
Box 3203
Manama, Kingdom of Bahrain
Tel: (+973) 17261260
Fax: (+973) 17213061
[email protected]
www.bahrainbourse.com

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