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New companies, investment funds expected to be listed

New companies, investment funds expected to be listed

The Peninsula
Monday, April 29, 2024 06:34:30 AM UTC

Doha, Qatar: Acting CEO of the Qatar Stock Exchange (QSE), Abdulaziz Nasser Al Emadi, said that QSE is continuing its efforts to attract and list vari...

Doha, Qatar: Acting CEO of the Qatar Stock Exchange (QSE), Abdulaziz Nasser Al Emadi, said that QSE is continuing its efforts to attract and list various companies and investment funds in different sectors such as tourism, health, technology, and the small and medium enterprises (SME) sector.

Speaking to Qatar News Agency (QNA), Al Emadi said that one of the investment funds is ready for listing and was scheduled for the first quarter of this year, but the owner company postponed the listing, which is expected to take place during the current year.

Several companies are getting prepared and are expected to be listed during the coming period, in addition to the financial derivatives market, of which QSE is preparing and developing the infrastructure.

Regarding the performance of the Qatar Stock Exchange index, Al Emadi pointed out that the QSE is known for attractive and strong financial indicators, adding that the performance of the listed companies is good and balanced, and they have achieved reasonable growth, although it is not the growth that it was before the FIFA World Cup Qatar 2022. Dividends were generous and good for shareholders and investors over the past year, he added.

Al Emadi continued affirming that all numbers and indicators confirm that the stock market is stable and balanced, and is moving in an upward direction in terms of future growth.

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