News

Doha Bank aims to launch ETF in Qatar

Launch-ribbon-cuttingDoha Bank plans to launch an exchange-traded fund (ETF) tracking an index of Qatari equities on the Qatar Exchange. If it is approved by the Qatar Financial Markets Authority (QFMA), the ETF will provide transparent access to the Qatar Exchange index, which tracks the 20 most highly capitalised and liquid stocks on the exchange. Doha-based Amwal Asset Management will manage the ETF while brokerage firm The Group Securities will provide liquidity. "The growth in ETFs internationally is unbridled and we have an exciting pipeline of ETFs being developed here in Qatar," says Rashid Al Mansoori, chief executive of the Qatar Exchange. The Qatar Exchange index has risen more than 10% in the last twelve months, according to data from Bloomberg ©2015 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.