Bahrain Bourse Holds Bahrain Investment Market Workshop for Kuwait-Based Scale-ups

As part of Bahrain Bourse’s efforts to promote the Bahrain Investment Market (BIM), Bahrain Bourse (BHB) hosted a workshop for various Kuwait-based scale-ups to showcase the opportunities available for companies seeking growth capital by listing on the Bahrain Investment Market (BIM).  8 representatives from various companies attended the workshop, as part of the Roadshow organized by Brilliant Labs to explore Bahrain’s supportive entrepreneurial ecosystem.

During the workshop, attendees were introduced to the Bahrain Investment Market, a market that has been designed specifically to offer fast-growing companies an alternative cost and time-effective means for raising capital.  The workshop highlighted the benefits of listing on the BIM and outlined the process of listing and registration.

It is worth noting that Bahrain Investment Market is an innovative equity market designed for fast-growing companies seeking growth capital. As per BIM rules, companies must appoint and retain an authorized sponsor before and during the listing process. In return, the authorized sponsor provides support and guidance services to companies interested in listing on the BIM to ensure that listing and disclosure requirements are met.

Currently, the BIM’s network of authorized consulting firms includes Grant Thornton, KPMG, Key Point, BDO Consulting, SICO, and Almoayyad Chambers.

The BIM is supported by Tamkeen’s Business Development Program to extend support for growth businesses interested in listing on the BIM. Bahrain Bourse listed the first Global FinTech Company on the Bahrain Investment Market – Sprinkle Holding BSC (closed) in December 2019.