MANAMA: Bahrain Bourse (BHB) will eventually be transformed into a profitable corporate enterprise with public shareholding, it has emerged.
The stock exchange’s chief executive Shaikh Khalifa bin Ebrahim Al Khalifa told a Press conference at its office yesterday that the bourse will not be dependent on government grants by next year and the medium-term plan is to go for market flotation via an initial public offering (IPO) .