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Bahrain Bourse gets some serious shade

Bahrain Bourse gets some serious shade

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How does it feel like to lose a couple of your most gifted and promising prodigies? We should be asking Bahrain Bourse as both Securities and Investment Company (SICO) and Investcorp  (INVCORP) will be delisting one thing or the other.

In a bourse filing, SICO said it obtained all the necessary consents to delist four of its funds, while Investcorp obtained approvals to delist itself altogether. Basically, they're both ready to move on (sorry, Bahrain), and at this point, we're out of goodbyes.

Why it matters

The future of the Bahrain stock market being home to financial industry institutions implementing long-term growth strategies seems a bit shaky at the moment, in light of these delistings. Let's see what the future has in store for the little island.
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