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"The Kingdom of Bahrain has succeeded in positioning itself as a regional financial centre amongst investment circles. In addition, Bahrain Stock Exchange has enjoyed good levels of stock market transparency and enforcement of better corporate governance standards."
Mr. Moosa added: "We are happy with listing Markaz Gulf Fund on the Bahrain Stock Exchange. This step should grant the Fund more visibility with the regional investors and also provide flexibility for investors on BSE to look at opportunities to invest in diversified GCC investment products.."
"Markaz Gulf Fund", established in December 2005, aims at seeking long term appreciation by investing principally in equity securities listed on the stock markets of the region. The fund was amended recently to invest not only in the GCC markets but in all MENA markets, in order to benefit from the wide spectrum of fundamentally strong and promising investment sectors. The Fund's benchmark is MSCI Arabian Index.
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Posted by Nadeen El Ajou
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