VOL. XXXVI

NO. 39

28-JUNE-1993

Financial and Banking News

REGIONAL BANKING

Bahrain To Open Stock Exchange To Non-Bahraini Residents

The Chairman of the Bahrain Stock Exchange and Bahraini Minister of Commerce,Mr. Habib Ahmad Qasim, has announced that long-term residents of Bahrain willsoon be allowed to trade shares of Bahraini companies even if they are notcitizens of the emirate. Keen to expand its financial sector, Bahrain hastaken the lead in moves in the Gulf to open up to the outside, and the...