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Business / Qatar Business

Qatar Exchange CEO sees two IPOs this year

Published: 12 Mar 2015 - 02:44 am | Last Updated: 16 Jan 2022 - 07:24 pm

ABU DHABI: Qatar Exchange could see the listing of Barwa Bank and Qatar First Bank in 2015, depending on assent from the regulator, the bourse’s chief executive said yesterday.
Both are Shariah-compliant banks and have been talked about as potential listing candidates for a number of years. Barwa Bank is a commercial lender, while Qatar First Bank is active in asset management.
Rashid Al Mansoori also said the bourse will see the listings of four exchange-traded funds this year. The exchange is working with the central bank to set up a market for corporate bonds, which it hopes to set up in the next two years, Mansoori said.
Reuters