Qatar Stock Exchange Organizes Forum to Encourage Private Companies Go Public -1-

09 December 2020

Qatar Stock Exchange Organizes Forum to Encourage Private Companies Go Public -1-

Local

    For his part, Chairman of Pillsbury Law Firm David Decker stated that Qatar is a promising market and that Legal systems are highly developed. He praised QSE efforts in developing the market and inviting companies to be listed.

    Meanwhile, Managing Partner of Pillsbury Law Firm in the Middle East Ahmed Anani said that the cooperation with Qatar Exchange to hold this Event is an inevitable result of Pillsbury’s activity in the Qatari market as well as the initiatives of Qatar Exchange to develop and activate the stock market in Qatar.

    He underlined the commitment of Pillsbury, in partnership with Qatar Exchange, to continue to participate in the development of capital markets in Qatar and to provide leading legal services for listed companies or those intending to be listed.

    He added that there is a growing interest in Qatar Stock Exchange from foreign investors given what QSE represents as a safe market for investment that grants good return on investment.

    For his part, Director of Listing Department in QSE Abdulaziz Al Emadi noted that new and ongoing discussions with family and private companies in Qatar confirmed increased interest in the concept of becoming a public shareholding company and being listed on QSE.

    He highlighted the benefits that companies may expect through a QSE listing, including continuity of ownership, access to capital and liquidity and a transparent valuation for shareholders in addition to benefiting from professional executive management and increased organizational disciplines which contribute to improved planning and decision-making.

    QSE has been working recently to encourage more listing among family companies to encourage more investments from all investor categories.

    Established in 1995, the Doha Securities Market (DSM) officially started operations in 1997. Since then the exchange has grown to become one of the leading stock markets in the GCC region. In June 2009, DSM was renamed the Qatar Stock Exchange.

    The primary aim of Qatar Stock Exchange is to support Qatar’s economy by providing a venue for capital raising for Qatari companies as part of their corporate strategy and giving investors a platform through which they can trade a variety of products in a transparent and efficient manner. The Qatar Stock Exchange also provides the public with access to market information and ensures correct disclosure of information. (QNA)

    Keywords

    Economy, Qatar

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