US finance house J P Morgan and Bahrain Bourse will jointly host a series of educational seminars to enhance investor relations expertise in Bahrain.

They have developed a certified training programme which will be offered to companies listed on the Bahrain Bourse to transfer investor relations best practice. In addition, a programme of free seminars and events will be held to promote investor relations capabilities among these listed companies.

The MoU was signed by Bahrain Bourse director Fouad Rashid and J P Morgan Bahrain senior country officer and managing director Ali Moosa.

'We are extremely pleased to sign this MoU with a leading financial institution with a track record of excellence in investor relations and securities servicing,' said Rashid.

'Bahrain Bourse will continue establishing strategic partnerships with leading international institutions to provide capital markets participants in Bahrain with more knowledge, experience and expertise thereby enhancing competitiveness,' he added.

'J P Morgan has maintained an established presence in Bahrain for over four decades and has been instrumental in shaping the educational needs of the bankers in the kingdom and the wider region during this time,' said Moosa.

'This initiative will contribute to the development of the Bahraini stock market by enhancing the level of efficiency among participants and help support the country's objective of increasing the visibility of its capital markets across the Middle East.

'We are very pleased to help support the development of investor relations in the region and look forward to working with the Bahrain Bourse,' he added.-TradeArabia News Service