In the presence of Bahrain Bourse Chairman Mr. Abdul Kareem Bucheery, Bahrain Bourse organized TradeQuest Ceremony for Universities on Wednesday, 24th May 2017. 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.
Mr. Abdulkareem Bucheery the Chairman of Bahrain Bourse presented Bahrain Bourse’s Trophy and reward of BD3,500 to Ahlia University, the first place winner, and a reward of BD2,100 to BIBF, the second place winner and BD1,400 to University of Bahrain, the third place winner.
Mr. Abdul Kareem Bucheery was pleased with the successful closing of the program, especially that the program provides the students with a unique experience that enables them to interact in a virtual environment similar to the real work environment with all realistic requirements. The Chairman also expressed the Bourse's firm commitment to take the necessary steps to continue developing all programs aimed at spreading investment awareness among the different categories of citizens and those interested in investing in securities in order to benefit from the opportunities available in this sector.
The Chief Executive Officer of Bahrain Bourse Sh. Khalifa Bin Ebrahim Al Khalifa delivered a speech where he was delighted to announce that next year, and to mark the 20th year of the program, an Arabic Version of TradeQuest program, which has been running for the past 19 years, will be introduced.
Shaikh Khalifa added that the TradeQuest Program forms one of the essential pillars in the Bourse’s strategy, which aims at developing all work aspects at the Bourse including legislative, technical, and technological aspects, where one of the major pillars of Bahrain Bourse’s strategy is investment awareness.
Shaikh Khalifa also said “We believe that the youth are the engine of growth and development. This is practically implemented at the Bourse where 55% of the employees are below the age of 35. That is why a program like TradeQuest is very important to students who will hopefully become successful employees in a few years”.
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.
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 1998 in cooperation with financial institutions and educational parties.
The program is geared to provide 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 5 university teams, and they are Ahlia University, BIBF, University of Bahrain, Applied Science University and Royal University for Women.
Bahrain Bourse extends their sincere thanks to sponsors of the TradeQuest program which includes: 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.