On Wednesday, April 26th, Bahrain Bourse (BHB) presented it’s newly-launched Bahrain Investment Market (BIM) for the members of the Bahrain Family Business Association (BFBA) and Bahrain Businessmen’s Association (BBMA).
Why’s it a good news for startups, entrepreneurs, AND family businesses? Well:
- Easier admission and financial disclosure rules
- Access to global investors
- Guidance services through specialized professional advisory firms
- Dedicated Tamkeen support program
- And more benefits!
You may wondering why there’s a HUGE emphasis on family businesses. According to CEO of the Bahrain Bourse, Shaikh Khalifa bin Ibrahim Al Khalifa: “Family businesses and fast-growing entrepreneurial ventures stand to benefit greatly from the Bahrain Investment Market. Its mode is designed to enable business owners to raise capital quickly and at a relatively low cost while remaining largely in control of management and decision-making processes.”
Recent studies has actually shown family businesses are huge contributors to our Arab economies. How? Well 85% of the Arab’s World’s non-oil GDP stem from those family businesses.
Additionally, President of the BFBA Kanoo stressed the importance of such initiatives as BIM for the growth of Bahrain’s economy. “Family businesses are strategically important to the national economy. Hence, it is critical to have initiatives such the Bahrain Investment Market which enables these business to enhance their corporate governance and scale up their operations in order to become more competitive in today’s globalized economy.”
Are you a startup or a family business that’s interested on being listed on BIM and to have access to all of these cool and awesome features (especially in becoming authorized by the BHB)? Well contact the BHB desk through +973 17261260 or email info@bahrainbourse.com