Bahrain to get AFCM presidency at annual conference
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Investegate announcements from Bank of Bahrain& Ku., Year End Financials
The Arab Federation of Capital Markets (AFCM) Annual Conference will launch on March 29-30, , where it will witness the handover of the Federation’s presidency from the Saudi Stock Exchange (Tadawul) to Bahrain Bourse.
Sico, a leading asset manager, broker and investment bank in Bahrain, has reported a BD6.4 million ($17 million) net profit for FY 2021, thus registering a 116% year-on-year growth. Its comprehensive income too rose significantly with a 142% growth.
Market capitalisation of stocks listed on the exchange more than doubled to reach Dhs1.6tn.