Thursday 11 September 2014

Qatar to launch venture share market early next year -exchange | Reuters

Qatar to launch venture share market early next year -exchange | Reuters:



"Qatar will launch a venture share market for small and medium-sized enterprises (SMEs) early next year, Qatar Exchange chief executive Rashid al-Mansoori was quoted as saying.



Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, Mansoori told Qatar's The Peninsula newspaper in an interview.



The five companies "are in the process of getting listed, which means that by early 2015 we will have not less than five companies as part of the new and emerging SMEs stock market," Mansoori was quoted as saying, without naming the firms."



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