Tuesday 21 November 2017

Qatar stock exchange CEO says shock of sanctions has passed | ZAWYA MENA Edition

Qatar stock exchange CEO says shock of sanctions has passed | ZAWYA MENA Edition:

"The Qatar Stock Exchange has passed the shock of the boycott imposed on Doha by other Arab states and is now operating normally, the exchange's chief executive Rashid Ali al-Mansoori said on Tuesday. Over 100 new foreign funds have begun investing in Qatar since the boycott was imposed in early June, Mansoori said in a speech, without naming any of the funds. He also said the exchange was in talks with Arab and Asian countries, which he did not name, to arrange dual listings of foreign stocks in Qatar. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5, and portfolio investors and depositors from the four countries began pulling money out of Qatar. "



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