The Qatar Stock Exchange’ (QSE), which recently celebrated its silver jubilee, is keeping focus intact on improving liquidity as it has a key role to play in the economic diversification of the country, its top official told an international audience in London.
This, along with, Qatar’s rapid economic diversification and capital markets development was highlighted at an HSBC-hosted conference last week, bringing together the Middle East’s biggest stock exchanges.
"The QSE's strategic focus is to continue to improve organic liquidity in the market and complement that with infrastructure developments. We have a big role to play to provide an efficient and reliable platform for sustainable economic diversification in support of the Qatar National Vision 2030,” said Tamim al-Kuwari, QSE chief executive.
The increase of foreign ownership in listed companies up to 100%, higher levels of market activity, and economic growth and diversification across the wider Gulf Co-operation Council (GCC) region were all recognised as strong economic catalysts for Qatar.
The conference, the first pan-regional stock exchange event hosted by HSBC Bank Middle East, connected the exchanges in Qatar, Kuwait, the UAE and Saudi Arabia with international investors, Middle East policymakers and stakeholders from across the public and private sectors.
Qatar was represented by QNB, Industries Qatar, Ooredoo, Qatar Insurance, Commercial Bank, Doha Bank, Gulf Warehousing, Masraf Al Rayyan, Nakilat, Ooredoo, Gulf International Services, Qamco, Mesaieed Petrochemical Holding and Vodafone listed on the QSE.
"The aim to achieve the developed market status in Qatar is part of the country’s ambition to be a world-class international market, and offer a diversified range of investment and trading opportunities for international investors," said chief executive of HSBC Qatar.
HSBC was the first bank to establish an investment banking platform and introduce institutional fund services in the country in 2005.
"Having world class global banking and markets capabilities in the Middle East is how we helped clients in the region raise more than $19bn from investors worldwide in 2021, placing us on top of Bloomberg’s equity and debt rankings in 2021,” said Stephen Moss, regional chief executive for the Middle East, North Africa and Turkey (MENAT).
HSBC Qatar and QSE have a long history of partnership promoting foreign portfolio investment in Qatar, and are recognised as thought leaders in the region. This is especially so in the growing discipline of ESG (environment, social and governance) reforms and sustainability strategies, which have become a mainstream concern for investors and issuers alike.
Topics on the agenda included ESG, equity capital markets, global energy demand, and economic diversification across the region, as well as the economic and social development legacy that hosting the FIFA 2022 World Cup will have on Qatar’s future.
The latter was discussed at a special session entitled: “More than a Game – What does hosting the World Cup mean for Qatar?” led by Fatma al-Nuami, executive director of at the Supreme Committee for Delivery and Legacy, Qatar.
This, along with, Qatar’s rapid economic diversification and capital markets development was highlighted at an HSBC-hosted conference last week, bringing together the Middle East’s biggest stock exchanges.
"The QSE's strategic focus is to continue to improve organic liquidity in the market and complement that with infrastructure developments. We have a big role to play to provide an efficient and reliable platform for sustainable economic diversification in support of the Qatar National Vision 2030,” said Tamim al-Kuwari, QSE chief executive.
The increase of foreign ownership in listed companies up to 100%, higher levels of market activity, and economic growth and diversification across the wider Gulf Co-operation Council (GCC) region were all recognised as strong economic catalysts for Qatar.
The conference, the first pan-regional stock exchange event hosted by HSBC Bank Middle East, connected the exchanges in Qatar, Kuwait, the UAE and Saudi Arabia with international investors, Middle East policymakers and stakeholders from across the public and private sectors.
Qatar was represented by QNB, Industries Qatar, Ooredoo, Qatar Insurance, Commercial Bank, Doha Bank, Gulf Warehousing, Masraf Al Rayyan, Nakilat, Ooredoo, Gulf International Services, Qamco, Mesaieed Petrochemical Holding and Vodafone listed on the QSE.
"The aim to achieve the developed market status in Qatar is part of the country’s ambition to be a world-class international market, and offer a diversified range of investment and trading opportunities for international investors," said chief executive of HSBC Qatar.
HSBC was the first bank to establish an investment banking platform and introduce institutional fund services in the country in 2005.
"Having world class global banking and markets capabilities in the Middle East is how we helped clients in the region raise more than $19bn from investors worldwide in 2021, placing us on top of Bloomberg’s equity and debt rankings in 2021,” said Stephen Moss, regional chief executive for the Middle East, North Africa and Turkey (MENAT).
HSBC Qatar and QSE have a long history of partnership promoting foreign portfolio investment in Qatar, and are recognised as thought leaders in the region. This is especially so in the growing discipline of ESG (environment, social and governance) reforms and sustainability strategies, which have become a mainstream concern for investors and issuers alike.
Topics on the agenda included ESG, equity capital markets, global energy demand, and economic diversification across the region, as well as the economic and social development legacy that hosting the FIFA 2022 World Cup will have on Qatar’s future.
The latter was discussed at a special session entitled: “More than a Game – What does hosting the World Cup mean for Qatar?” led by Fatma al-Nuami, executive director of at the Supreme Committee for Delivery and Legacy, Qatar.
