Joint cooperation is the best way to address challenges and take advantage of opportunities in the Gulf Cooperation Council (GCC) capital markets, according to Dr. Tamy bin Ahmad al-Binali, chief executive officer of Qatar Financial Markets Authority (QFMA).
Chairing the 29th meeting of the GCC Heads of Capital Markets Authorities (or their equivalent) Committee, which was held on Sunday, via video conferencing; he said the capital markets are considered a mirror of the economy as well as a major pillar of economic growth through their attractiveness to local and foreign investments.
This "drives us to pay more attention to enhancing their effectiveness and ensuringJoint cooperation their stability and development, with the aim of advancing their desired role in increasing the diversity of sources of income sought by all our countries," he said.