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Qatar Exchange (QE) today announced the readiness of technical and regulatory infrastructure dedicated for the Small and Medium Enterprises (SME's) Market, which was previously announced in implementation of the decision issued by the Supreme Council for Economic Affairs and Investment.
The market is now ready in terms of technical and regulatory aspects and able to receive listing applications to be submitted by business owners from Qatar and the GCC countries and to inform them about the listing criteria and trading rules thereon.
To inform the public of the target and advantages of establishing this market, QE will be holding a workshop on January 25, 2012. During this workshop details regarding the market will be provided to the market professionals that will play a key role in the listing process, such as banks, brokers, law firms, consultants, private equity firms and other advisors.
SMEs are playing a pivotal role in the performance of developing economies and developed countries alike as many countries attempt to establish niche markets for listing SME's and trading their equity shares in order to attract domestic and foreign investments and create a momentum in this vital sector.
This initiative will be executed in cooperation with various Qatari parties such as the Qatar Development Bank, Silatech and Qatar Enterprise, pursuant to the directives of the Supreme Council for Economic Affairs and Investment aiming at developing the financial markets in the State of Qatar through providing a dedicated route for SME sector which is a key element in the ’Qatar Vision 2030’.
