Bahrain Investment Market appoints Authorised Sponsor

Manama, Bahrain Bourse (BHB) and Grant Thornton signed today an agreement to appoint Grant Thornton Abdulaal as an Authorised Sponsor in Bahrain Investment Market (BIM), an innovative equity market for growth companies in Bahrain and the wider MENA region.

The Chief Executive Officer of Bahrain Bourse, ShaikhKhalifa bin Ebrahim Al Khalifa and Managing Partner of Grant Thornton Abdulaal, JassimAbdulaal, signed the agreement.

We are pleased to have Grant Thornton Abdulaal as an authorized sponsor on Bahrain Investment Market. This partnership enhances the network of authorized sponsors on the BIM market, ShaikhKhalifa said.

The partnership reflects the Bourse's keenness in encouraging the listing of companies on Bahrain Investment Market and increases the opportunities available for prospective companies interested in listing on this market, he added.

The world is changing in a fast rhythm as new enterprises are emerging all around us especially various tech start-ups and FinTech companies with smaller capital requirements. Bahrain Investment Market (BIM) presents a great option for fast-growing companies. We at Grant Thornton Abdulaal are proud to be participating as Authorised Sponsors. We are confident that with the help of our qualified team and well-defined approach in their listing journey on BIM. Our objective is to provide sustainable solution for companies interested in listing on Bahrain Investment Market (BIM) including family businesses and corporate houses based in Bahrain, Abdulaal commented.

Source: Bahrain News Agency