Manama, September 26 (BNA) Bahrain Bourse announced the signing of a memorandum of understanding with Instantive Partners Middle East and North Africa, a consultancy in the field of commercial communications and consultancy in investor relations. This cooperation seeks to implement initiatives related to international relations, which will allow Bahrain Bourse to promote best practices among listed companies and other market participants, as well as internally.
The collaboration will include a series of workshops as well as one-on-one sessions with listed companies, to review best practice methods for improving communication between issuers, the investment community and other stakeholders.
“It gives me great pleasure to collaborate with Instinctif Partners MENA. Several strategic projects will be implemented, providing excellent opportunities for mutual growth, as well as a significant contribution to strengthening the international relations functions in the Kingdom. Marwa Al-Maskati, Director of Marketing and Business Development at Bahrain Bourse, said, This cooperation will undoubtedly lead to the growth of international best practices of international relations between listed companies.
“Looking to the future, we look forward to a greater collaboration with Instinctif Partners MENA. We are more focused than ever on growing and developing best practice investor relations across the Kingdom.”
Samantha Bartell, CEO and Managing Partner at Instinctif Partners in the Middle East and North Africa, expressed her happiness to partner with Bahrain Bourse in the new initiative.
“As an investor relations advisor with a proven track record in the region, we welcome partnerships with organizations with the same ambition, particularly those committed to promoting and embedding best practices among issuers,” she said.
“We look forward to supporting the continuation of that journey and helping to improve the way issuers engage with the investment community.”
Bahrain Bourse announced the launch of the Investor Relations Best Practices Guide in May 2021, as part of its efforts to encourage investor relations best practices among listed companies. The purpose of the guide is to illustrate the importance of the IR function and the positive impact it can have on market assessment and competitiveness.
In April 2019, the Bahrain Bourse and the Middle East Investor Relations Association (MEIRA) officially launched the MERA branch in Bahrain, with the aim of developing and strengthening investor relations across the Kingdom of Bahrain.
The founding members of MEIRA’s Bahrain subsidiary are Aluminum Bahrain (Alba), Bank ABC, Bahrain Telecommunications Company (Batelco), Bahrain Bourse, Ithmaar Holding, National Bank of Bahrain (NBB), and SICO BSC.
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