Qatar Exchange (QE), which is aiming to be the preferred investment destination in the region, could get a shot in the arm with many UK and international companies evincing interests in cross listing their equities in local bourses in the Gulf region, according to a top official of London Stock Exchange (LSE).
Moreover, there is also “strongest” potential from Qatari companies to list their shares on the LSE, particularly from the infrastructure, financial services, telecom, retail and tourism sectors, Richard Webster-Smith, manager, primary markets (Middle East and Africa), LSE, told Gulf Times in an exclusive interview.
“I think in the medium term many UK companies or international companies are looking at cross listing in the region but the market should be able to offer appropriate structures and regulatory models,” Smith (pictured) said, when asked whether LSE listed firms are looking at listing their shares on QE and other Gulf bourses.
No comments:
Post a Comment