News

Amwal lists Qatar’s first ever ETF

ETF listingQatar-based asset manager Amwal has listed what it claims is the largest exchange-traded fund (ETF) in the Gulf region. The ETF will be listed and managed on the Qatar Stock Exchange, trading under the symbol QETF, and is also the country’s first ever exchange-traded investment product. It was launched in March with Doha Bank acting as its founder and Amwal in charge of raising capital and managing the fund. The ETF is designed to track the Qatar Exchange Index which is based on the top 20 listed companies in Qatar based on market capitalisation and liquidity. According to the Qatar Financial Centre Authority, the ETF has listed with an initial open-ended capital of $41.2 million which surpasses the size of any other ETF in the region. ©2018 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.