bim enhances management practices
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

BIM enhances management practices

Arab Today, arab today

Arab Today, arab today BIM enhances management practices

Bahrain Bourse (BHB) conducted an introductory session
Manama - BNA

Bahrain Bourse (BHB) conducted an introductory session at its premises for members of the Bahrain SME Society and Bahrain Management Society about the Bahrain Investment Market (BIM), an innovative equity market which provides fast-growing companies in Bahrain and the wider MENA region an alternative cost-and time-effective means for raising capital.
CEO of the Bahrain Bourse, Shaikh Khalifa bin Ibrahim Al Khalifa said: "At the current stage, the Bourse is focused on communicating the Bahrain Investment Market’s unique and added-value benefits to the target segments. We have already received strong interest following our official launch last March, and we look forward to helping as many businesses as possible to fund their future growth and contribute to the private sector’s development."
The BIM offers a more relaxed regulatory framework with easier admission and financial disclosure rules, access to global investors, guidance services through specialized professional advisory firms, a dedicated Tamkeen support program, and a number of other unique value-added benefits and features. 
Dr. Abdulhasan Al-Dairi, President of the Bahrain SME Society commended the BHB’s support of budding enterprises and entrepreneurs through the BIM, noting that the BIM offers this segment an option to traditional means of raising capital and enables them to reach a worldwide audience.
President of the Bahrain Management Society, Dr. Adel Hamad, stated that in addition to offering a new means of obtaining capital, the economic landscape of the Kingdom of Bahrain has created a competitive investment environment for investors compared to all countries of the developed world. The BIM model and its regulatory framework will also help elevate and enhance management practices in private sector organizations and put them on par with international standards.

Source :BNA

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