Tuesday October 11 2016
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Bahrain
On 8th October 2016, the Bahrain Bourse announced that it had obtained approval from the Central Bank of Bahrain (CBB) of the Bahrain Investment Market (BIM) Rules, which represents one of the initiatives launched by the Exchange to meet the financing requirements of companies.
Bahrain Bourse has eased the requirements of listing in terms of the paid-up capital, which should not be less than BD250, 000, as well as a profitability term, which is no longer required from companies when applying for listing on the BIM.
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