Qatar Exchange signs MoU with QFIS

30/12/2012 15:10 AST

Qatar Exchange and the Qatar Faculty of Islamic Studies - Hamad Bin Khalifa University today signed a memorandum of understanding for cooperation between the two sides in the field of education, training and consultation in terms of investment products traded on Qatar Exchange and global financial markets. This MoU is part of QE’s ongoing efforts to promote and strengthen the culture of securities investments among citizens and expatriates in the State of Qatar.

The MoU was signed by Mr. Rashid bin Ali Al Mansoori, Chief Executive Officer of Qatar Exchange, and Dr. Hatem Al-Qaranshawi, Dean of the Qatar Faculty of Islamic Studies. The two sides pledged under the memorandum to work positively and constructively together to achieve the objectives of the MoU.

The MoU aims at enhancing mutual cooperation in terms of the development and provision of training programs, education courses and seminars for local investors in order to raise the level of their securities investment knowledge and familiarize them with the most important products offered for trading in the market, along with briefing them on the financial ratios used to analyze the performance of the listed companies and stock price trends, so as to achieve the goal of attracting the citizens and expatriates to invest in Qatar Exchange and consequently contribute in the economic growth in the country. As per the MoU, the QFIS’s role is to offer training programs and organize seminars along with ensuring all the required resources for these activities.

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