Bahrain Bourse holds 2016-2017 TradeQuest Ceremony and Ibn Khuldoon National School Wins First Place with a Reward of BD5,000

Sunday, March 26, 2017
Under the patronage of H.E. Zayed bin Rashid Alzayani, the Minister of Industry, Commerce, & Tourism and the Minister in Charge of Bahrain Bourse and the presence of H.E. Rasheed Moh’d Al-Maraj, the CBB Governor, the final TradeQuest Awards Ceremony was held on Saturday, 25th of March 2017 where high school private school students who took part in the TradeQuest Program, organized by Bahrain Bourse, were honored at the ceremony.

The ceremony was attended by students and their families, senior representatives from sponsoring organizations, other invited guests, as well as the officials of the bourse.

H.E. Zayed bin Rashid Alzayani delivered a speech where he emphasized the commitment of the Government of Bahrain to take all required actions to prepare the youth to face the upcoming future challenges and turn them into opportunities for them and for their country.

“A strategic decision has been taken to invest more in education and training in order to ensure sustainable growth rate that enhance the country’s competiveness” he said.  Mr. AlZayani also assured the Government’s support to all programs and initiatives that prepare well trained employees capable of meeting the demand of all the economy’s sectors.

The Minister clarified that TradeQuest offers the participating students a unique experience that enables them to interact in a virtual environment similar to the real work environment with all realistic requirements. He also said that TradeQuest is one of the programs that gives students the opportunity to learn the basic principles of portfolio management. 

The program also inspired many students who participated in the previous years and encouraged them to occupy leading positions in many financial organizations.

Shaikh Khalifa bin Ebrahim Al Khalifa praised the patronage and presence of H.E. the Minister as well as the presence of the H.E. Mr. Rasheed Al Maraaj to the TradeQuest Awards Ceremony which reflects the support that the program receives from the top officials of the Government. This support is considered an incentive for us to continue organizing and improving this program.” he added.        

He also expressed his delightedness for organizing this program that will complete its 20th anniversary next year and we at Bahrain Bourse are proud to adopt this program.

Shaikh Khalifa said that this year’s TradeQuest program witnessed the official launch of its edition directed to the government secondary schools and allows more than 100 students to benefit from this program.

The CEO of Bahrain Bourse appreciated the support and commitment of the strategic partners and sponsors and their major role to make TradeQuest a successful program.

H.E. Zayed bin Rashid Alzayani, the Minister of Industry, Commerce, & Tourism and the Minister in Charge of Bahrain Bourse presented Bahrain Bourse’s Trophy and reward of BD5,000 to Ibn Khuldoon National School, the first place winner, and a reward of BD3,000 to the St. Christopher’s School, the second place winner and BD2,000 to Abdulrahman Kanoo International School, the third place winner.

TradeQuest is a simulated business-education partnership program that focuses on investment trading in world financial markets, which operated for the first time in the Kingdom of Bahrain in 1996 in cooperation with financial institutions and educational parties.

The program is geared to give high school students close-to-life experience in the stock markets, with focus on understanding the rules and regulations implemented in those stock markets, the analysis and selection of stocks, and portfolio management for equities listed on NYSE and BHB.

The TradeQuest 2016/2017 program includes 8 school teams, and they are Abdul Rahman Kanoo International School, Bahrain School, Al-Hekma International School, Ibn Khuldoon National School, Naseem International School, Al Noor International School, St. Christopher's School and Al Wisam International School.

Several financial and banking institutions in Bahrain sponsored the TradeQuest program and they are: Tamkeen, Mumtalakat, Economic Development Board, BBK, Khaleeji Commercial Bank, Securities & Investment Co. (SICO), United Gulf Bank, Gulf International Bank (GIB), GFH Financial Group, Al Salam Bank Bahrain and Solidarity.