Bahrain Bourse wins global approval
Manama, November 6, 2012
The World Federation of Exchanges (WFE) has approved Bahrain Bourse as an affiliate at the federation based on its application, which was supported with legislative and technical achievements.
This follows a meeting held by WFE's board of directors in Taipei, Taiwan, which was attended by Bahrain Bourse director Fouad Rashid, said a report in the Gulf Daily News, our sister newspaper.
The approval was given based on Bahrain Bourse's application, which was supported with legislative and technical achievements made to improve the investment environment in Bahrain and make it more attractive to local and foreign investments.
"Being an affiliate at the WFE will enhance the bourse's capability to exchange expertise and information related to different aspects of operations. This will enable the Bahrain Bourse to continue participating in developing the capital market sector in the Kingdom of Bahrain," said Rashid.-TradeArabia News Service