QSE celebrates silver jubilee; highlights larger role to play in future

The Qatar Stock Exchange's silver jubilee celebrations.

The Qatar Stock Exchange (QSE) has celebrated its silver jubilee as the new chief executive Tamim al-Kawari highlighted its larger role to play in shaping the country's economic diversification and growth trajectory. “We have a big role to play today, and in the years ahead as a trusted destination and a reliable platform for economic diversification and economic growth policies,” he told a function to celebrate the 25th anniversary. In his welcome speech, he pointed out that the QSE, since the beginning of its operations in May 1997 until now, has achieved remarkable structural, organisational, and operational developments. The celebration ceremony, which was held at Marsa Malaz Kempinski Hotel, recognised employees who completed over 20 years of service and Rashid bin Ali al-Mansoori, the former chief executive was honoured in recognition and appreciation of his long service and achievements. Overt the years, the QSE has been transformed into rules-based, reliable and resilient market operating in line with the best international practices. It has played a central role in the growth and development of Qatar’s financial industry, building the breadth and depth of the market, driving quality and attractiveness as a listing, trading and investment destination. The QSE offers a fertile environment for investments, as it is ideally placed to best compliment Qatar’s economic diversification. On this basis, the QSE is considered a platform for the diversification of the economy as it is a platform for capital allocation and capital formation, as well as a platform for government privatisation programme and the development of small and medium enterprises through the QSE Venture Market. The QSE is also a platform that includes a variety of economic sectors reflecting Qatar’s strong and vibrant economic fundamentals.