Sheikh Khalifa bin Ibrahim Al Khalifa, CEO of the Bahrain Exchange, said that the Bahrain Exchange will witness the largest listing due to the placement of shares in the oil and gas sector.
The CEO of the Bahrain Exchange stated that the current trading is not at the required level, and this was expected, and there are plans to further a paradigm shift with the presence of market makers on the platform.
The CEO of the Bahrain Exchange told CNBC Arabia that there will be new listings of state and semi-state companies over the next 5 years.
He added that the stock exchange will witness the largest listing through the placement of shares in the oil and gas sector, and listings are expected to begin in the second half of this year.
Asked about upcoming listings, the CEO of the Bahrain Exchange said negotiations were underway with companies to list them on the stock exchange.
Source: Bahrain media.
