Part US-owned Qatar Exchange goes online for foreigners, stocks cheap as GDP surges (Re-post)

Several local brokers on the Qatar Exchange in Doha are offering online brokerage accounts that are open to foreigners whether they live in Qatar or not. HSBC can also buy stocks for foreign clients and act as local custodian.

There are limits on foreign holdings in Qatari companies of up to 25 per cent but for most stocks foreigners do not hold more than 10 per cent so there is room for foreigners to buy more. All that is required is for foreign buyers to open a brokerage account in person and fund it. Then they can trade on the Qatar Exchange or buy and hold these stocks........