Qatar Stock Exchange concludes London event

Qatar Stock Exchange (QSE) concluded Saturday its two-day roadshow it held in London to enhance investor relations between international investment institutions and Qatari listed companies. The event was held in cooperation with QNB Financial Services and HSBC.

A statement released today to the press by QSE said that the forum was designed to complement the companies’ ongoing investor relations. The exchange was keen to provide an opportunity for the senior management of listed companies to meet key decision makers from a number of the world’s largest international fund managers.

CEO of Qatar Exchange Rashid al Mansoori said in a speech that Qatar's "real GDP growth, forecast to be in excess of 7.5% will remain higher than our GCC counterparts." He added that the growth will be "in part supported by strong population growth which will boost aggregate demand." He added that financial stability that Qatar enjoys will be an important factor for global investment funds.

TO ALL SUBSCRIBERS PLEASE REPLACE OUR ITEM NO. 33 LOCAL AND INTERNATIONAL SLUGGED Economy/ Qatar/ Doha securities market BY THE FOLLOWING ITEM SLUGGED Economy/ Qatar/ Doha securities Al-Mansoori then touched on the future plans of Qatar Stock Exchange saying that there were two main goals for the immediate future. The first is to represent new listings and develop the small and medium enterprises sector. The second objective according to the CEO would be to : "In the immediate future, the strategy will centre on our two core objectives of capital allocation characterized by work on securities lending and borrowing; diversifying from long-only model.

He noted that Qatar Exchange will launch three ETFs, One of these will be an ETF based on government fixed income risk from an Asian borrower, the second product is likely to be an ETF based on a representative Qatar-country index and the third a sharia-compliant product.