Qatar seeks integrated Gulf stock exchange

The Qatar Exchange said yesterday that an integrated regional stock market would promote cross-border investment, adding that it was gearing up for a proposed consolidation of Gulf bourses.

“We have everything in the plan,” said Minister for International Cooperation and Qatar Exchange chairman HE Khalid bin Mohamed al-Attiyah on the sidelines of a function to mark the inauguration of a new website for the Qatar Exchange.

Proposals for integration were first raised in the United Arab Emirates which oversees exchanges in Abu Dhabi and Dubai.