Manama:Bahrain Bourse has announced a strategic partnership with several prominent financial entities to establish a BHD 40 million Market Making Fund. The collaboration includes Bahrain Mumtalakat Holding Company (Mumtalakat), Osool Asset Management (Osool), Bank of Bahrain and Kuwait (BBK), and National Bank of Bahrain (NBB). The announcement was made in the presence of Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Minister in Charge of Bahrain Bourse, and Yusef Al Yusef, Chairman of Bahrain Bourse.
According to Bahrain News Agency, the fund will be managed by Al Ramz Capital and was announced during the Gateway Gulf 2026 event. The initiative is part of Bahrain Bourse's Capital Market Development Plan 2026-2028, named "Elevate," which aims to enhance market liquidity and efficiency.
The Market Making Fund will focus on a select basket of securities, providing capital to facilitate continuous buy and sell orders, narrow bid-ask spreads, and support efficient price discovery. It is expected to enhance liquidity and trading activity, contributing to a more active and efficient market. The long-term goals include attracting listings, expanding the investor base, and preparing Bahrain for potential advancement in global market classifications.
Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse, emphasized the importance of liquidity in building a competitive capital market, stating that the fund will enhance market activity and contribute to Bahrain's economic growth. Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat, highlighted the fund's role in supporting the Kingdom's long-term economic development.
Abdulla Kamal, CEO of Osool Asset Management, noted the milestone significance of the fund in Bahrain's capital markets, aiming for greater market liquidity and sustainable returns. Yaser Alsharifi, Group CEO of BBK, regarded the fund as a step towards market efficiency and investor opportunities, aligned with the objectives of Bahrain Economic Vision 2030. Usman Ahmed, Group CEO of NBB, emphasized the fund's role in attracting investment and enhancing market confidence.
The initiative reinforces the importance of capital markets as a driver of economic growth in Bahrain, aligning with the Kingdom's Economic Vision 2030.