Qatar Stock Exchange Completes London Forum Activities Aimed at Promotion of Investment in Qatari Listed Companies

14 November 2019

Qatar Stock Exchange (QSE) completed today the activities of the investment forum organized in collaboration with Qatar National Bank Financial Services (QNBFS). The forum that lasted for two days aimed at the promotion of the investment in the Qatari companies and included a number of meetings for the purpose of introducing opportunities and advantages of the investment in the Qatari listed companies.

QSE, through this forum, made extensive efforts to reinforce the investor relation activities conducted by the Qatari listed companies for securing opportunities to the managements of these companies to meet with major decision makers in a number of the largest investment funds in the world.

The forum and over two days witnessed several individual and collective meetings where representatives from the Qatari listed companies met with investments funds manager of leading international institutions. More than 80 meetings were held with funds manager of various international institutions that allocate substantial part of their investments in Qatar, GCC and emerging markets.

QSE delegation was headed by HE Mr. Rashid Bin Ali Al Mansouri, the Managing Director, who expressed his satisfaction with the concerns of the Qatari listed companies to develop and strengthen ties with international investors that look forward to invest in QSE. Al Mansouri said “we are delighted to work with QNBFS again to promote the investment in the Qatari leading companies listed on QSE. We believe that developing a diversified base of local and international investors will be a major pillar to the progress of the Qatari Stocks”. He further added “we realize that this is a continued process in line with the fluctuations witnessed by the capitals flows to the emerging markets. We will continue our efforts to make Qatar a competitive and attractive market for the investment portfolios and foreign funds”.

Al Mansouri emphasized that the focus made by His Highness, The Emir of the State of Qatar, in his last speech ahead of Al Shura Council on the importance of reforming the legislative system for facilitating the incoming investment and reduce the bureaucracy, underlines the long-term vision of His Highness toward the economic and investment openness and to attract foreign investments.

Al Manouri pointed out “QSE represents a fertile environment for investments considering it one of the most important platforms for a diversified economy in the State of Qatar”. He added “QSE is also the ideal platform for the privatization of the corporate and government projects and could enable corporations to get capital flows and liquidities needed to finance their projects’ growth. QSE consists of a group of diversified economic sectors i.e. Banks, Industries, Real Estates, Logistics and others which reflect the vitality and solidity of the Qatari economy”.

On his part, Mr. Abdulaziz Al Emadi, Listing Director in QSE expressed his appreciation to the Qatari corporations for the efforts extended and the interest in attending similar events considering that developing the investor relations complements the efforts for the a developed market infra structure. Al Emadi added “QSE has adopted compulsory rules for investor relations aiming at the improvement of transparency and interaction in the financial market. By 2020, QSE will join the increasing number of stock markets using XBRL in preparation of the corporate reports and disclosures”.

It is worth-noting that thirteen of the leading listed Qatari companies have participated in this forum. These are QNB, Doha Bank, Commercial Bank of Qatar, Masraf Al Rayan, Ooredoo, Industries Qatar (covering Qatar Aluminum, Gulf International Services Co., Mesaieed Petrochemical), Qatar Gas Transport (Nakilat), Qatar Insurance Group, Qatar International Islamic Bank, Qatar Electricity and Water Co.