CEO Qatar Financial Center: Qatar First Bank to be Listed by End of Year

November 15, 2015

Yousuf  Al-Jaidah, CEO Qatar Financial Centre,  expects Qatar First Bank to be listed in Qatar Stock Exchange (QSE) by the end of this year, noting that all  technical procedures for listing  have been completed.

 In a meeting with local press at the QFC headquarters, he said that listing the bank is now the onus of investors who may have different point of view and may delay the listing in light of the current conditions of the financial market. In fact, most of the investors do not wish to sell at low prices.

He pointed out that the priority now is to list the QFC’s companies in the stock market, adding that this action requires amending the QFC’s regulations so as to bring them into line with the listing process.