The Qatar Financial Markets Authority (QFMA) said it has officially adopted the new listing and IPO rules in the secondary market after an in-depth consultation with the concerned parties.
Nasser Ahmad Al Shaibi, CEO of QFMA, said: "The new rules, while part of the authority's strategic plan, were a result of intense discussions between QFMA and the Qatar Exchange to further consolidate the local financial market and to regulate the working relationship between various parties concerned with the listing process to cope with developments in Qatar's capital markets.
"In particular, the new rules also encourage newly established small- and medium-sized enterprises (SMEs) to list on the Qatar Exchange."
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