Friday May 9 2014
News Source: Global Exchanges
Focus: Other
Type: General
Country: Bahrain
Link: http://www.bahrainbourse.com/bhb/about_us/news_show.asp?NT=1&value=1124
Bahrain Bourse (BHB) signed a joint agreement with Kuwait Clearing Company on Monday 5th May 2014 at Kuwait Clearing Company’s premises in Kuwait. The agreement was signed by Shaikh Khalifa bin Ibrahim Al-Khalifa, Deputy CEO and Chief Operating Officer of Bahrain Bourse and Mr. Othman Ibrahim Al-Issa, Chief Executive Officer of Kuwait Clearing Company.
The agreement sets new technical arrangements and procedures that implement an electronic mechanism to promptly transfer the shares of Bahraini Companies listed on Kuwait Stock Exchange as well as the shares of Kuwaiti Companies listed on Bahrain Bourse once they are settled
Click on the above link for further details.