DOHA: A delegation representing the Deutsche Börse yesterday visited Qatar Exchange (QE) and met with Rashid bin Ali Al Mansoori, CEO, QE and other top officials of the local bourse.
The German delegation, which included Andreas Peruss, Deputy CEO of Deutsche Börse, and Tom Bindiksen, member of the Executive Office of Eurex Frankfurt AG for the areas of strategy and exchange cooperation, discussed the prospects and opportunities for enhancing cooperation between the two sides in the areas of capital markets developments and technical cooperation.
The delegation held a session of talks with Qatari bourse officials, during which both sides were briefed about strategies and discussed in details a number of topics, particularly the content of the Letter of Intent signed between the two parties in order to promote cooperation in the areas of product and market development, market data dissemination, indices and technological matters.
Al Mansoori gave a presentation on the Qatar stock exchange and its development strategy aiming to develop the exchange to become a leading regional market that is capable of attracting investors from around the world.
Following the meeting, Al Mansoori expressed the keenness of Qatar Exchange to promote cooperation with the Deutsche Börse in order to achieve the common interests of both sides. He also stressed on QE’s keenness to offer German companies dual listing opportunities on Qatar bourse and attract German institutional investors to invest in the promising Qatari capital market, especially in the wake of upgrading the Qatari market to an emerging market status.
Al Mansoori stressed on QSE desire and efforts to enhance cooperation with global stock exchanges and international financial institutions in the areas that would contribute to the development of the Qatari capital market and the strengthening of the national economy.
The Peninsula