The Qatar Stock Exchange (QSE) and Investment Promotion Agency Qatar (IPA Qatar) have entered into an agreement to further boost the attractiveness of the Qatari market for foreign investments.
The Memorandum of Understanding (MoU) was signed by Sheikh Ali Alwaleed al-Thani, Chief Executive of IPA Qatar and Mr. Rashid bin Ali al-Mansoori, Chief Executive of QSE.
The deal works as a launchpad for diverse collaborations between the two organizations. The MoU, which serves the common goal of exhibiting Qatar as a thriving investment hub, sets the framework for IPA Qatar and QSE to join efforts in promoting the country’s conducive business landscape and attracting new investors to set up their business in the market.
The two organizations would join hands on advancing the size of investment and trading opportunities for businesses, as well as improving foreign inflows into the QSE.
According to the terms of the agreement, the new partnership envisages exchanging knowledge, conducting cross-promotional activities, and hosting joint events with the aim of promoting the Invest Qatar brand across the global investment community, while highlighting the opportunities offered by the QSE.
“The QSE management is working intensively to promote the capital markets in Qatar and the advantages of investing in the QSE and listed companies, especially in light of the plans to raise the classification of the Qatari market from an emerging market to an advanced market on global indices.”
Commenting on the MoU, Sheikh Ali stated, “This new partnership complements our commitment to accelerate the development and diversification of Qatar’s investment climate while supporting the business growth of our investors and ensuring their long-term success in the state.”
Further, the MoU will entail research cooperation between IPA Qatar and QSE, whereby they would develop joint research publications, in addition to recommending policy reforms with the goal of advancing Qatar’s business and investment ecosystem.