BFX Welcomes Italian Ambassador

Published July 19th, 2010 - 12:04 GMT

The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA) region, yesterday welcomed His Excellency Enrico Padula, the Ambassador of Italy for the Kingdom of Bahrain, to the BFX.

Upon arrival, accompanied by his wife Mrs. Milena Padula, His Excellency was received by Senior BFX officials led by Arshad Khan, Managing Director & Chief Executive Officer of the BFX and the BCDC. "We are honored to welcome His Excellency to the BFX and thank him for the opportunity to introduce the BFX's products and services to financial corporations in Italy with a view to initiating mutually beneficial relationships between the two countries" said Mr. Khan. "We believe our internationally accessible multi-asset exchange platform and market tested products present ample opportunities to build relationships between Italy and the MENA region as a whole."

The visit commenced with a presentation given by Mr. Khan which provided a brief introduction to the BFX and its vision and highlighted its strategic plans. After the presentation, the two parties engaged in an open discussion on the current and future outlook regarding financial markets in the MENA region and explored possible means of collaboration between the two countries.

Commenting on his visit, H.E. Enrico Padula remarked, "I am delighted to be here at the BFX which I consider to be a true pioneer in the financial sector. My primary objective for this visit is to identify and expand economic ties between Italy and the Kingdom of Bahrain. We look forward to progressing the mutually beneficial propositions discussed today, and I wish the BFX all the success in its endeavors."

The visit concluded with a tour of the BFX facilities, including its fully serviced state-of-the-art trading floor and market leading Bahrain Financial Exchange Training Institute (BFX-TI).


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