Khalifa bin Ibrahim to “Al-Watan”: A government move to list more companies on the “Stock Exchange” during 2025

Anas Al-Aghbash

The CEO of the Bahrain Stock Exchange, Sheikh Khalifa bin Ibrahim Al Khalifa, confirmed that there is a government intention to list the shares of a number of companies on the “bourse” during the next year, within the framework of the economic recovery plan, pointing out at the same time that the listings will be announced in due course.

He added in a statement to Al-Watan, on the sidelines of listing Al Abraj Restaurant Group’s shares on the Stock Exchange as a family company last week, that the last listing of a family company was 20 years ago, expressing his hope that this listing will be an incentive and attractive for other family companies to consider listing their shares.

Sheikh Khalifa bin Ibrahim Al Khalifa explained that the IPO of Al Abraj Restaurants Group was successful by all standards, as Bahraini and foreign investors acquired equally, at a rate of 50% for each, pointing out that the number of companies listed on the Stock Exchange rose to 44 companies so far.

Regarding the strategic plan of the Stock Exchange to contribute to the development of the local economy, he explained that the Stock Exchange is an integral part of the national economy, pointing out that sufficient liquidity and diverse sectors will contribute to attracting a number of investors and providing investors with capabilities that are not currently available, whether in terms of markets. Which the Stock Exchange works on in the real estate market, in the bond and sukuk market, or in the stock market.

It is noteworthy that Al Abraj Restaurants Group completed the procedures of its initial offering for subscription this December by offering 38,181,818 shares at an offering price of 236 fils per share, which represents 35% of its issued capital after the offering, which resulted in covering the total subscription size 2.6 times.