Bahrain Bourse & MEIRA establish a new chapter in Bahrain

Manama, Apr. 29 (BNA): Bahrain Bourse and the Middle East Investor Relations Association (MEIRA) has launched a new chapter in Bahrain, to further develop and enhance best practices in Investor Relations (IR) across the Kingdom. The MEIRA Bahrain Chapter was inaugurated on Sunday at the signing ceremony of founding members who have recognised their commitment to develop the IR function in the local market. “The establishment of the Bahrain MEIRA Chapter sets the ground for establishing a solid network of IR professionals in the Kingdom of Bahrain, and will certainly help in advancing the IR function and promoting international best practices among listed companies in the capital market,” Shaikh Khalifa bin Ebrahim Al Khalifa, Bahrain Bourse CEO, said. “Bahrain Bourse will play a major role in this initiative to promote best practices in IR. Further, the roll-out of the chapter will also signal to the international investment community our commitment and enhance possibility of inclusion in emerging markets indices.” “Since MEIRA signed the MOU with Bahrain Bourse in November, we have been working very closely with the exchange to develop a dynamic and committed Chapter in the Kingdom. This is a great milestone for MEIRA and the Bahraini capital markets and represents a unique opportunity to raise awareness of the importance of IR in the Kingdom. We look forward to collaborating with our Chapter Members and with Bahrain Bourse as the Chapter Head to increase the effectiveness and quality of the IR function among the organisations in the Kingdom through our wide range of activities and training programmes,” Andrew Tarbuck, MEIRA Chairman said. This initiative is part of the MOU signed between MEIRA and Bahrain Bourse in order support for the development of international standards in IR and corporate governance across the Kingdom. Members of the MEIRA Bahrain Chapter will now have access to a wealth of IR knowledge from global leaders in the profession in the form of specific educational initiatives and will be able to benefit from engaging local events aimed at uniting and advancing the IR community.