New York, November 13 (QNA) – Qatar Stock Exchange has concluded a promotional campaign in New York aimed at introducing listed Qatari companies and informing the international investment community about the advantages of investing in the shares of these companies.
This promotional campaign was held over two days (Nov. 12 and 13) at the headquarters of Bank of America in New York.
It comes within the context of Qatar Stock Exchange’s strategy aimed at expanding the investor base, attracting more foreign investments, and demonstrating the strength and potential of capital markets in the State of Qatar.
Through this forum, fund managers and international investment institutions held several meetings with representatives of a number of major Qatari companies listed on the Qatar Stock Exchange, including QNB, Commercial Bank, Qatar Islamic Bank, Masraf Al Rayan, Mesaieed Holding Company, Industries Qatar, Gulf International Services Company, Qatar Aluminum Manufacturing Company, Qatar Insurance Company, Milaha Company, and Nakilat Company.
Acting CEO of Qatar Stock Exchange Abdulaziz Nasser Al Emadi, stressed that the commitment of Qatar Stock Exchange and its listed companies to continuous communication and investment promotion is part of a long-term strategy in line with the third strategy of the financial sector, which aspires to take our markets to the global level.
He added that investment promotion of the stock market does not only include stock investors, but also includes fixed income investors in addition to participants in regional and global markets, noting that this requires developing access to the market and developing the market infrastructure in a way that contributes to enhancing the efficiency of investment in portfolios.
Al Emadi noted that the State of Qatar did not stop moving forward in growth and development after the World Cup, as it began a new phase of growth driven by the proposed expansion of the North Field, which will increase production capacity to 142 million tons per year by 2030.
The forum provided American and international investors with the opportunity to evaluate investment opportunities with leading companies in Qatar, reflecting the increasing trend of international investment institutions to invest in Qatari capital markets, in which foreign institutional investors represent 30-40 percent of the average daily trading volume.
Officials from the Qatar Stock Exchange and companies participating in the campaign held several successful meetings over the days of the forum with managers of the largest portfolios and investment institutions in the world, during which they were informed of the developments in the Qatari economy, the work of these companies and the results they have achieved over the past few years. (QNA)
