Qatar Stock Exchange unveils Venture Market to support SMEs

By Shilpa Annie Joseph, Desk Reporter
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One of the leading financial markets in the region, the Qatar Stock Exchange (QSE) has launched its much-anticipated Venture Market, which offers a new platform for small and medium enterprises (SMEs) to list their shares on the stock exchange.

This market acts as a dedicated stock exchange for SME listings and provides an alternative fundraising platform. The first company to list on the Qatar Exchange Venture Market will be Qatari educational service provider Al Faleh Educational Holding.

The Qatar Financial Markets Authority, Qatar Stock Exchange, and the Ministry of Commerce and Industry have already approved Al Faleh Educational Holding’s conversion from a limited liability corporation to a Qatari public shareholding company.

Rashid bin Ali al-Mansoori
Rashid bin Ali al-Mansoori

“We are all extremely proud to open QSE’s Venture Market and welcome the first SME to the extended QSE ‘family’ and look forward to them being an outstanding addition to our markets. Qatar Stock Exchanged launched its Venture Market to provide SME’s with a clear alternative route to market as well as allowing them to diversify sources of funding and increasing the company’s equity base. Qatar Stock Exchange put the amended criteria in place to provide an additional route to market for SME’s who sought to list without all the resource requirements and costs associated with the Main Market.”

The launch of the Venture Market in Qatar is a major boost for SMEs as it helps them to list shares with less regulatory requirements. This market’s opening will allow more SMEs to list their stock on the exchange.

“Qatar Stock Exchange launched its Venture Market demonstrating its long-term commitment to providing multiple routes to access Qatar’s capital markets,” Mr. Al Mansoori added.

Related: Qatar Stock Exchange reveals 3-year strategic plan for diversification