Bahrain Bourse, a self-regulated multi-asset marketplace, has announced a rent waiver for authorised brokers using the offices within the trading floor (with a permanent office lease) for the next three months including June, July, and August effective immediately.  

 

The move follows a wider directive from His Majesty King Hamad bin Isa Al Khalifa and the commands of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of the Kingdom to safeguard the economic security of the Kingdom and alleviate the pandemic’s economic impact on key sectors, said the statement from Bahrain Bourse. 

 

Announcing the rent waiver, CEO Shaikh Khalifa bin Ebrahim Al Khalifa said: "This represents Bahrain Bourse’s contribution to the major national efforts to overcome the financial challenges brought on by the pandemic. It is our national and social responsibility to reinforce His Majesty the King’s commitment towards minimizing the impact on the country’s economic sectors."

 

"We are strongly committed to work together and support each other in every way possible during this critical juncture," stated Shaikh Khalifa.

 

"We have a key role to step up our efforts to support the Kingdom, and reduce the impact of the pandemic on the local economy," he added.