Bahrain Clear holds Bahrain Private Market Workshop for BCCI members

Manama, March 18 (BNA): As part of the efforts of the Bahrain Clearing Company to raise awareness of the private market in Bahrain, the Bahrain Clearing Company held a workshop for members of the Bahrain Chamber of Commerce and Industry, in the presence of 40 members. The workshop presented the main advantages and services provided by the Bahrain Private Market platform to closed joint stock companies.

During the workshop, the attendees were introduced to the Bahrain Private Market platform and the range of services provided by the platform to closed joint stock companies. The workshop highlighted the benefits of joining the platform, as well as the process of joining the Bahrain Private Market.

Mr. Abdullah Abdeen, Chief Operating Officer of Bahrain Clear, commented: “The Bahrain Private Market platform aims to ensure the safe custody and visibility of the company’s shareholders, thereby enhancing transparency and ensuring an efficient settlement process. The Bahrain Private Market for closed joint stock companies also offers a range of additional services, including cash dividends, annual general assembly management, eAGM, stock options and auctions, and electronic voting.

It is worth noting that the Bahrain Clearing Company announced the launch of the Bahrain Private Market at the beginning of August 2022. Following the announcement, webinars were held to present the main advantages and services that will be provided through the Bahrain Private Market, in addition to the process of accessing, linking, managing and implementing transactions on the platform. The platform can be accessed by visiting the Bahrain Private Market page on the Bahrain Bourse website: https://www.bahrainbourse.com/bahrain-private-market

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For further inquiries about the services provided by Bahrain Clear in relation to the Bahrain Private Market, interested parties can contact Bahrain Clear at: 17108841 or email: [email protected]


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