Bahrain Bourse announces listing of Hope Ventures Holding on Bahrain Investment Market

Manama, Bahrain Bourse (BHB) announced the listing of Hope Ventures Holding BSC (c) ('Hope Ventures') on Bahrain Investment Market ('BIM'), an equity market designed for fast-growing companies seeking growth capital. Hope Ventures, the investment arm of Hope Fund, has joined the BIM under the trading symbol 'HOPE'. A bell ringing ceremony was held to mark the official listing of 'Hope Ventures' shares in the presence of Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Minister in Charge of Bahrain Bourse; Aymen bin Tawfeeq AlMoayed, General Secretary of the Supreme Council for Youth and Sports and Chairman of Hope Fund; and Rawan bint Najeeb Tawfiqi, Minister of Youth Affairs; Shaikh Hamed bin Mohamed AlKhalifa, Chairman of Hope Ventures; Abdulkarim Bucheery, Chairman of Bahrain Bourse; Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse; board members and executive management of Bahrain Bourse and Hope Ventures, alongside senior representatives from various entiti es and stakeholders. On his part, Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse said: "We would like to welcome the listing of Hope Ventures on the BIM. We believe that BIM is the ideal platform for fast-growing companies offering them a cost-effective financing option to accelerate and achieve their goals." "We look forward to more listings on the BIM which comes in line with bolstering the goals and objectives set towards the Financial Services Sector Development Strategy 2022-2026 in terms of attracting listings on BIM," Shaikh Khalifa added. On her part, Fajer Saleh AlPachachi, General Manager of Hope Ventures said, "Today marks a significant milestone for Hope Ventures as we proudly announce our official listing on the Bahrain Investment Market. This achievement highlights the success of our journey and positions us to embark on the next phase of our growth. I invite all investors, partners, and stakeholders to join us in this exciting new chapter as we work togethe r to foster a vibrant entrepreneurial ecosystem and drive future success." It is worth noting that Bahrain Investment Market was operationally launched in March 2017. Bahrain Bourse recently introduced a series of regulatory changes to Bahrain Investment Market aimed at supporting the growth and development of the market, enhance market attractiveness, and simplify and increase the efficiency of the admission process. Companies interested in listing shall contact the Listing and Disclosure Directorate at Bahrain Bourse on [email protected] Source: Bahrain News Agency