Qatar Exchange (QE) Thursday concluded in New York a two-day forum, during which several meetings were held between the companies listed on QE's and investment fund managers to support the further development and practice of QE’s listed companies’ investor relations.
The forum, organized in cooperation with Morgan Stanley was designed to complement the companies’ ongoing investor relations activities through providing an opportunity for the senior management of listed companies to meet key decision makers from a number of the world’s largest international fund managers. Despite difficult market conditions around the world, portfolio investors continue to view Qatar as an exciting investment opportunity, a fact that has been reflected in the enthusiastic response to the forum.
With 12 listed companies, representing nearly half of the QE market capitalization, the Qatari companies participating were: Qatar National Bank, Doha Bank, Qatar International Islamic Bank, Masraf Al Rayan, Al Khalij Commercial Bank, Q-Tel, United Development Company, Gulf Warehousing, Qatar Insurance, Qatar Navigation, Qatar Electricity & Water, and Vodafone Qatar.
Mr. Abdulaziz Al-Emadi, Listing Director at Qatar Exchange described the event as a very suitable occasion to offer investors and listed companies on QE the opportunity to meet each other in this focused one-on-one environment. “There is significant competition for attracting investments in the international capital markets and we expect that our listed companies will benefit from the opportunity to better inform the market about their corporate strategy. For fund managers the benefit is unrivalled access to the decision makers who are driving the growth of some of Qatar’s largest companies and contributing in a significant way to Qatar’s growth”, he said.
This occasion provided a real opportunity for Qatar Exchange to outline to the local and international investors the significant achievements for QE since the signing of the strategic partnership with NYSE Euronext and reiterate the current plans which involve building on the developed infrastructure and products in line with the international practices.
