Middle East Investor Relations Association (“MEIRA”) and the Bahrain Institute of Banking & Finance (“BIBF”) in the presence of MEIRA Bahrain Chapter Head, signed an agreement to roll-out the Certified Investors Relations Program (‘CIRO’) in the Kingdom of Bahrain under the Investment Academy umbrella. The CIRO program has been launched as a joint initiative between Bahrain Bourse (BHB), MEIRA, and the BIBF.
 
The signing ceremony took place at Bahrain Bourse premises and it was followed by a seminar attended by representatives from local listed companies who had the opportunity to discuss the importance of the CIRO certification within their line of work.
 
The CIRO program aims to offer professional talent a unique opportunity to acquire certification within IR, which is increasingly becoming an important function within listed companies. The CIRO program will be fully supported by Tamkeen (Labour Fund) under their Training & Wage Support program.
 
John Gollifer, General Manager of MEIRA commented stating: “The CIRO qualification offers a timely and useful international benchmark in the Middle East when regional capital markets are opening up and becoming of greater interest to investors around the world. This welcome initiative demonstrates how collaboration between like-minded partners can deliver professional development opportunities to the IR practitioners in the Kingdom of Bahrain market.”
 
The BIBF’s Director, Dr. Ahmed Al Shaikh commented: “We are pleased to continue our partnership with Bahrain Bourse, this time to launch the Certified Investor Relations Programme under the Investment Academy umbrella, to further advance the Investor Relations landscape in the Kingdom, given its success rate, high returns and market value. He also added, “The CIRO programme allows IR professionals to demonstrate their knowledge of the financial and market environment, the regulatory and reporting requirements for listed companies and their sound understanding of the principles of investor relations, which will enable them to operate competently and safely.
 
Marwa AlMaskati, Director of Marketing & Business Development and MEIRA – Bahrain Chapter Head stated: “MEIRA-Bahrain Chapter aims to develop and implement best practices in investor relations across listed companies given the growing expectations of sophisticated investor base. Hence, the CIRO program has been rolled out under the Investment Academy to nurture talented professionals within the growing IR field.”
 
The CIRO program is an internationally recognised certification program for the investor relations profession. In the Middle East, the program is organised by the Middle East Investor Relations Association (MEIRA), in partnership with the UK IR Society (UKIRS) and delivered by the Bahrain Institute of Banking and Finance (BIBF) in the Kingdom of Bahrain. A three-day intensive training course of a total of 20 hours, is followed by a 60-minute exam.
 
The Certificate in Investor Relations is regarded as a valuable benchmark for IR professions. Obtaining the Certificate in IR would enable delegates to obtain international recognition as a qualified IR practitioner, demonstrates expertise and competence in IR field, and enhances career development within IR.
 
The program focuses on six key topics: principles & practices of investor relations, global financial markets, companies & regulation, regulatory environment, accounting, valuation & investment principles, effective IR in practice. To date, there are more than 1,600 CIRO holders globally and 50 CIRO holders in the Middle East region, making it one of the leading IR qualifications on a global basis.
 
It is worth noting that Bahrain Bourse and the Middle East Investor Relations Association (MEIRA) has officially launched the MEIRA chapter in Bahrain during April 2019 with the aim of developing and enhancing best practices in Investor Relations (IR) across the Kingdom of Bahrain.

The Bahrain Institute of Banking and Finance (BIBF) and Bahrain Bourse (BHB) announce the official launch of “The Investment Academy” to build and expand on fundamental knowledge of financial products, investment selection techniques, and investment strategies available to individuals and their companies in Capital Markets.

The Investment Academy will offer public awareness sessions, professional certifications as well as capital market courses. The official launch of the collaboration was held on 27th November 2017 at the Bahrain Bourse Trading Floor.

The Investment Academy aims to target a broad spectrum of audiences from Students to Individual Investors and Small Business Investors providing them with the basic knowledge of financial products and investment strategies. With this, the BIBF intends to train an immense number of participants to further raise awareness about the industry.

The BIBF’s Director, Dr. Ahmed Al Shaikh said “The BIBF’s Centre for Banking aspires to be in the forefront of imparting practical and useful knowledge to all participants who attends its programmes. The Investment Academy is an example of disseminating professional training opportunities on trading, investment, saving, foreign exchange and much more to everyone who is keen to learn the options that are available for investing and saving and enable them to fulfill their personal goals on wealth creation.”

On his part, Bahrain Bourse’s Chief Executive Officer Shaikh Khalifa bin Ebrahim Al-Khalifa, said: “This initiative goes in line with the Bourse’s strategy that aims at fulfilling BHB’s vision towards enhancing awareness on various investment & trading instruments.”

“The Academy is being offered in collaboration with the BIBF as one of our key initiatives to enhance investment awareness, targeting particularly a broader spectrum of public audience.” Shaikh Khalifa added.

Bahrain Bourse (BHB) and the Bahrain Institute of Banking and Finance (BIBF) and have collaborated to jointly launch the “Investments and Saving Seminar” to build and expand on fundamental knowledge of financial products, investment selection techniques, and investment strategies available to individuals and their companies. This informative seminar is to be held monthly at the Auditorium of Bahrain Bourse. The first seminar was held on Saturday, 28th October 2017 and was attended by a total of more than 30 participants.

This Public Awareness Seminar Series aims to target a broad spectrum of audiences from Students to Individual Investors and Small Business Investors providing them with the basic knowledge of financial products and investment strategies. With this, the BIBF intends to train 500 participants per year beginning from 2017.

On his part, Bahrain Bourse’s Chief Executive Officer Shaikh Khalifa bin Ebrahim Al-Khalifa, said: “This initiative goes in line with the Bourse’s strategy that aims at developing different work aspects and enhancing BHB’s corporate social responsibility towards enhancing awareness on various investment & trading instruments.”

“This seminar is being offered on a monthly basis in collaboration with the BIBF as one of our key initiatives to enhance investment awareness, targeting particularly a broader spectrum of public audience.” Shaikh Khalifa added.

The BIBF’s Director, Dr. Ahmed Al Shaikh said: “The BIBF’s Centre for Banking aspires to be in the forefront of imparting practical and useful knowledge to all participants who attends its programs. This public seminar is an example of disseminating useful tips on Investing and saving to everyone who is keen to learn the options that are available for investing and saving and enable them to fulfill their personal goals on wealth creation.”

Bahrain Bourse, in cooperation with the Bahrain Institute of Banking and Finance (BIBF) launched a new Trading Course at the Trading Floor today to enhance the skills of Investing and Trading among Bahrainis. Both the BIBF and BHB will launch joint initiatives promoting trading skills among School children, University students, Bankers and everyone who wishes to learn the skillfulness of trading professionally.

Bahrain Bourse will facilitate the BIBF Dealing room courses to its stakeholders, while the BIBF will offer current simulation programmes to meet dynamic market requirements through market surveys and focus group discussions.

The BIBF will support BHB in addressing training needs of staff in Capital Markets with programmes like “Securities Market Regulation Certification” – Based on Series 79.

The programme is a unique simulation training course called “Trading and Financial Analysis” to improve the practical skills and knowledge of trading equities, commodities and FX. This initiative is endorsed by Bahrain Bourse to promote trading skills amongst graduates, employed professionals and retirees.

The Programme is composed of three phases and phase one is scheduled to start on the 2nd of April at the Dealing room of the BIBF. Phase one will cover global market trends, technical analysis and execution strategies of equity markets, commodities and FX markets along with trading psychology.

Phase two is conducted in London, UK and candidates have the option of either joining a live trading room through an online portal or physically attending lectures with the BIBF’s strategic partner Amplify Trading (UK) to continue developing advanced trading practices.

Upon successful completion of phase two, the successful candidates will move on to the live markets with a fully funded account of $22,000, where they will put their skills to test. The participants will share profits at the ratio of 60:40 with Amplify Trading who will allocate the funds.

On this occasion, Bahrain Bourse’s Chief Executive Officer, Shaikh Khalifa bin Ebrahim Al-Khalifa said that the signing of the mutual cooperation agreement comes as a result of our belief in BIBF’s capabilities and vast experience of BIBF locally and internationally in the field of education and professional training related to the banking and the capital markets sector, as well as BIBF’s belief in the importance of BHB and its role in spreading investment awareness and the concept of saving. “As a result of this agreement, a specialized educational platform of investing in financial markets will be launched. The platform will encompass awareness programs to address the needs of all ages of citizens and will open up doors to cooperate in various areas between BHB and BIBF during the upcoming period. We hope that a large segment of citizens benefit from the educational opportunities that the platform will provide to enhance their investment awareness and develop their skills in dealing at bourses and capital markets,” he said.

Shaikh Khalifa said that BHB is keen to cooperate with all related institutions in the capital markets sector in order to develop the sector and enhance its competitiveness to attract investments, and provide more services and options for issuers of securities, investors, and other related parties in a way that will support the Kingdom of Bahrain’s economy and contribute to its prosperity.

The Director of the BIBF, Ms. Solveig Nicklos, said “We see this initiative between the BIBF and BHB a further enhancement to the skill-set required in Capital Markets. The approach we are taking is a holistic one where we are taking steps to boost required skills from an early stage starting with schools and move upwards to train professionals at the same time.”

The BIBF’s Head of Banking, Accounting and Finance Mr. Deen Jayah, added “I am delighted to launch this new training initiative in partnership with BHB along with our global partner Amplify Trading, UK, to enhance the skills of Trading equities, commodities and FX. The participants will be able to learn new skills and trade with actual funds, while sharing profits, giving them real life exposure. This is an excellent opportunity to those who aspire to learn trading professionally.”

Bahrain Bourse continues to organize the training session on “Essential of Saving and Investment” on Saturday 25th April 2015, as part of its efforts in spreading investment awareness among Bahrainis and non-Bahrainis in the Kingdom.

The sessions will be conducted in both Arabic and English. The English sessions will be held from 8 am to 12 noon, while the Arabic sessions will be held from 1pm to 5pm.

The sessions cover various topics including the importance of saving and alternatives available in the Kingdom of Bahrain, as well as the investment products available to investors in the Kingdom. The sessions also highlight the concepts of risk and return, educate the participants on how to build their investment portfolios and how to read financial statements, and conclude with introducing Bahrain Bourse and the different sectors of companies traded on the Bourse.

A group of highly qualified professionals from BIBF will conduct the sessions that will take place at Bahrain Bourse’s premises at Bahrain Financial Harbour. Bahrainis and non-Bahrainis can register to attend the sessions by filling an online registration form through Bahrain Bourse’s website: www.bahrainbourse.com

It is worth mentioning that the sessions are conducted on a monthly basis where 40 participants from Bahraini Businesswomen’s Society registered last month.

Bahrain Bourse & BIBF Signs Strategic MOU

Bahrain Bourse (BHB) and Bahrain Institute of Banking & Finance (BIBF) signed on Monday 17th February 2014 a Memorandum of Understanding (MOU) that aims to establish a strategic partnership between the two organisations. The signing ceremony took place at Bahrain Bourse’s premises and was attended by Chief Executive Officer of Bahrain Bourse Mr. Fouad Rashid, and Ms. Solveig Nicklos, BIBF Director.

Mr. Fouad Rashid CEO of BHB said that he was delighted to sign the MOU which would serve to provide advanced professional standards services in many areas of mutual interest to both institutions especially those related to capital market sector.

Ms. Solveig Nicklos, BIBF Director, highlighted the important roles that both organisations played in the industry and looked forward to experiencing the outcome of the wealth of knowledge and experience garnered from the partnership.

Bahrain Bourse and BIBF are set to collaborate on innovative training programmes, cutting-edge research and leading workshops and seminars, in order to raise professional standards and help define the eligibility criteria for key positions in the investment and finance sector.