Latest news with #ThirdFinancialSectorStrategy
Qatar Tribune
19 hours ago
- Business
- Qatar Tribune
QSE welcomes $200 mn Fiera Fund
QNA Doha The Qatar Stock Exchange (QSE) has welcomed the announcement by the Qatar Investment Authority (QIA) of a strategic partnership with Fiera Capital to launch the $200 million Fiera Qatar Equity Fund, a landmark initiative aimed at enhancing market liquidity, increasing the free float of Qatari equities, and attracting new institutional capital to the Qatari market. This initiative reflects QIA's continued commitment to advancing Qatar's economic diversification and strengthening key sectors, notably financial markets and asset management, according to a statement issued on the QSE website. The engagement of active fund managers represents a significant step in broadening the investor base and boosting free float shares in the market. As the anchor investor, QIA will convert a portion of its long-term strategic holdings in listed Qatari companies into assets managed actively within the fund. This approach is expected to inject substantial new liquidity into the market, facilitate greater institutional participation, and attract a wider range of global investors to Qatar's evolving financial landscape. QSE considers this fund a strategic addition to the suite of specialised investment products in the local market. It will play a critical role in diversifying the investor base, supporting sustainable, high-quality capital inflows, and reinforcing Qatar's position as a leading regional financial hub. The exchange also reaffirmed its commitment to continued collaboration with QIA on initiatives that contribute to the objectives of the Third Financial Sector Strategy and Qatar National Vision 2030. QIA has been instrumental in strengthening Qatar's capital markets through a series of targeted programs, including the Market Making initiative, the Securities Lending and Borrowing framework, and the Active Asset Management initiative launched in 2024. These efforts have already delivered tangible results, including the $200 million Qatar-focused equity fund launched in partnership with Ashmore Group. The newly announced collaboration with Fiera Capital marks another important milestone in expanding market participation and supporting the long-term growth of Qatar's financial ecosystem.
Zawya
14-04-2025
- Business
- Zawya
Qatar's QCB announces provision of multiple wallets per mobile number feature
Doha: Qatar Central Bank (QCB) announced the provision of the 'Multiple Wallets per Mobile Number' feature in Qatar Mobile Payment (QMP) system, in line with the Third Financial Sector Strategy, and as part of QCB's ongoing efforts to enhance the mobile payment services in the country. In a post on its X account (previously known as Twitter), QBC said that this feature allows the opening of two wallets for the same user using the same mobile number with different payment service providers. It also allows users to set one default account to receive all incoming transfers as well as manage the accounts and change the default account at any time. QCB stressed that this step marks a significant advancement in mobile payment, enhancing the users' experience, fostering competition and innovation, and supporting financial inclusion, adding that it also underscores the bank's commitment to enhancing mobile payment services and further enhancing financial inclusion in the country. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
11-03-2025
- Business
- Zawya
Qatar: QSE fully waives trading fees on ETFs, aims improved market liquidity
Qatar - This decision reflects the QSE's commitment to stimulating ETF trading by reducing financial burdens on investors, increasing market liquidity, and enhancing investment competitiveness. By providing a low-cost trading environment, the bourse aims to encourage portfolio diversification and expand the investor base for ETFs. Qatar Stock Exchange (QSE) has completely waived its trading fees on exchange-traded funds (ETFs), effective from March 16, as part of efforts to enhance the attractiveness of ETFs for both investors and brokers, while significantly improving liquidity in the market. This decision reflects the QSE's commitment to stimulating ETF trading by reducing financial burdens on investors, increasing market liquidity, and enhancing investment competitiveness. By providing a low-cost trading environment, the bourse aims to encourage portfolio diversification and expand the investor base for ETFs. The elimination of trading fees is expected to stimulate trading activity in ETFs and boost assets under management, contributing to the development of a competitive investment environment in line with global best practices. "This initiative is part of QSE's Strategic Vision (2024-30) to enhance market efficiency and boost investment attractiveness. By waiving our ETF trading fees, we aim to attract more investors, enhance ETF liquidity, and position the QSE as a more competitive market regionally and globally, and this comes in line with Qatar's Third National Development Strategy (2024-30) and Third Financial Sector Strategy," said Abdulaziz Nasser al-Emadi, acting chief executive officer of QSE. Through this initiative, the QSE aims to create an attractive investment environment for both local and international investors. It also seeks to strengthen the role of ETFs as a key investment tool in the Qatari financial markets, enabling investors to better leverage the diversification and liquidity benefits offered by ETFs. According to Market Notice No. 008 of 2014, the 50% maximum rebate on trading commissions set by the Qatar Financial Markets Authority applies only to equity trading. Similar to fixed income instruments, brokers are permitted to offer higher discounts on ETF trading commissions. The decision to waive trading fees on ETFs comes after the QSE recently removed the minimum trading commission of QR30, replacing it with a fixed proportional commission rate of 0.00275 with no minimum threshold.
Zawya
07-03-2025
- Business
- Zawya
Qatar: QSE removes minimum trading commission; lowers transaction costs, boost market liquidity
The Qatar Stock Exchange (QSE) has removed the minimum trading commission of QR30, replacing it with a fixed proportional commission rate of 0.00275 with no minimum threshold. This change -- which will take effect on March 16, 2025 -- seeks to empower investors, particularly retail investors, by reducing transaction costs and broadening market access. By lowering transaction costs and facilitating market access, the initiative is expected to encourage more frequent trading, improve market transparency, and enhance the overall investment experience. The revised commission structure is expected to boost market liquidity, attract a more diverse investor base, and enhance the overall efficiency and competitiveness of Qatar's financial market on both a regional and global scale. This initiative aligns with Qatar's Third National Development Strategy (2024-30) and Qatar's Third Financial Sector Strategy (3FSS), which aims to foster sustainable economic growth by creating an inclusive and dynamic investment environment. The QSE's moves comes as part of its ongoing efforts to enhance market liquidity, stimulate trading activity, and strengthen market competitiveness. "This initiative is a key step in our strategy to enhance trading activity and increase market liquidity. By removing the minimum trading commission, we are providing investors with greater flexibility in executing their trades, fostering a more attractive and competitive investment environment, and supporting the sustainable growth of Qatar's financial market," said Abdulaziz Nasser al-Emadi, Acting chief executive Officer of QSE. The decision aligns with global best practices and represents a significant milestone in the development of Qatar's financial sector. The removal of the minimum commission is anticipated to increase daily trading volumes, as investors will have the flexibility to execute smaller transactions without concerns over cost barriers. The change will also provide greater incentives for brokerage firms, supporting their ability to attract new investors and diversify their client base. The bourse reaffirms its commitment to market development through strategic initiatives and regulatory enhancements that drive liquidity, promote investment diversification, and elevate investor engagement, all in alignment with QSE's strategy (2024-30). © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Zawya
07-03-2025
- Business
- Zawya
Qatar's QSE to remove minimum trading commission effective March 16
Doha, Qatar: As part of its ongoing efforts to enhance market liquidity, stimulate trading activity, and strengthen market competitiveness, the Qatar Stock Exchange (QSE) has announced the removal of the minimum trading commission of QAR 30, replacing it with a fixed proportional commission rate of 0.00275 with no minimum threshold. This change will take effect on Sunday, March 16, 2025. In a statement on its website, QSE pointed out that this initiative aligns with Qatar's Third National Development Strategy (2024-2030) and Qatar's Third Financial Sector Strategy (3FSS), which aims to foster sustainable economic growth by creating an inclusive and dynamic investment environment. By removing the minimum trading commission, QSE seeks to empower investors, particularly retail investors, by reducing transaction costs and broadening market access. Commenting on the announcement, Acting Chief Executive Officer of Qatar Stock Exchange Abdulaziz Nasser Al Emadi said: "This initiative is a key step in our strategy to enhance trading activity and increase market liquidity. By removing the minimum trading commission, we are providing investors with greater flexibility in executing their trades, fostering a more attractive and competitive investment environment, and supporting the sustainable growth of Qatar's financial market." He further noted that the decision aligns with global best practices and represents a significant milestone in the development of Qatar's financial sector. By lowering transaction costs and facilitating market access, the initiative is expected to encourage more frequent trading, improve market transparency, and enhance the overall investment experience. Additionally, the removal of the minimum commission is anticipated to increase daily trading volumes, as investors will have the flexibility to execute smaller transactions without concerns over cost barriers. The change will also provide greater incentives for brokerage firms, supporting their ability to attract new investors and diversify their client base. Qatar Stock Exchange reaffirms its commitment to market development through strategic initiatives and regulatory enhancements that drive liquidity, promote investment diversification, and elevate investor engagement, all in alignment with Qatar Stock Exchange's Strategy (2024-2030). © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
