Wednesday 8 February 2012

Gulf Times – Qatar calls for unified plan on Arab capital markets

Qatar has called for a unified strategy for the Arab capital markets to protect them from uncertainty and maintain confidence in the securities system.
“A co-ordinated and unified efforts of the member authorities are the only way that will help developing a unified strategy for the Arab capital markets,” Qatar Central Bank Governor HE Sheikh Abdullah bin Saud al-Thani told the 6th meeting of Union of Arab Securities Authorities (UASA), hosted by the Qatar Financial Market Authority (QFMA).
Only through co-operation and co-ordination can an economy survive or escape recession, he said, adding that the development of information dissemination and exchange systems between members of the UASA is among the top priorities.

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