Abdulaziz Al Emadi, Acting CEO of Qatar Stock Exchange
Abdulaziz Al Emadi, Acting CEO of Qatar Stock Exchange (QSE), said that doubling gas production from 77 million tons to 142 million tons annually will give rise to many projects for the services sector and attract large investments to the Qatari market.
During the 2024 Arab Federation of Capital Markets (AFCM) in Doha, Al Emadi highlighted that the mega projects that Qatar worked on before hosting the World Cup provided great opportunities for all local companies over several years.
He said that doubling the gas production capacity and other projects will provide similar opportunities in light of positive economic growth.
The QSE made a strong progress toward launching the financial derivatives market, which aims to provide hedging tools for qualified investors. It also focuses on expanding the base of asset managers and providing all tools that contribute to activating their business and developing post-trading services.
The Qatar Investment Authority (QIA) has partnered with Ashmore Group to launch an active asset management initiative worth $200 million, Al Emadi said, adding that the initiative aims to enhance investor relations, the quality of disclosure and improve liquidity on the QSE.
In addition, the initiative aims to enhance the scope and depth of market research and conduct performance analytical studies.
The Market Maker Initiative, launched by the QIA at a value of QAR 1 billion, contributes to attracting more foreign liquidity and ensuring sufficient depth for both supply and demand at minimal costs, the Acting CEO indicated.
He stated that foreign investments constitute more than 35% of the market.
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