QSE chief hails strong results by firms despite blockade against nation:
"Doha’s inherent economic strengths and the listed companies’ flexibility to adapt to situations have helped many of the constituents to largely encounter the blockade and report strong results, according to a top official of the Qatar Stock Exchange (QSE).
“Despite the challenging trading environment in Qatar, a consequence of a perceived uncertainty on future earnings for our listed companies, many stocks continue to report strong results, demonstrating the resilience of Qatar’s economy and the quick strategic choices made by individual companies,” QSE chief executive Rashid bin Ali al-Mansoori said here at the third annual Investor Relations (IR) award on Tuesday night.
His remarks assume significance considering that Qatar is right now in the ninth month of economic blockade, instigated by some of its Gulf neighbours."
'via Blog this'
No comments:
Post a Comment