Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- US govt shutdown sends airlines scrambling as travel chaos looms
- NBK wins award of GCC Excellence for Energy Efficiency in Buildings in 2025
- QSE index closes higher
- Gold price in Qatari market decline by 0.40% this week
- Nasdaq Dubai welcomes Binghatti Holding's debut $500m Green Sukuk
- Adnoc Distribution invests $300m yearly in region
- IHC says no plans to sell stake in Aldar Properties
- Aramex resumes deliveries to Syria after ten-year pause
- Parkin posts record Q3, sees better full-year growth on strong revenues
- Qatari firm to invest $29.7 billion in Egypt coastal development
03/04/2018 08:19 AST
Amwal, the Qatar Financial Centre (QFC) authorised firm, has succeeded in listing and management of the largest exchange-traded fund (ETF) in the Gulf Co-operation Council (GCC) region, according to a top official of the QFC Authority (QFCA).
Being traded under the symbol QETF on the Qatar Stock Exchange (QSE), it is the first of its kind in the country that will measure price performance of the top 20 largest and most liquid companies on the local bourse. Established by Doha Bank and managed by Amwal, QETF has already surpassed the size of any other ETF in the GCC with an initial open-ended capital of QR150mn.
"One of the key points in our strategy was to increase growth in assets for QFC firms and we are doing just that. As Qatar's growth continues, we are expecting the ETF market to further expand, with added opportunity for more of our firms to take part in trading," QFCA chief executive Yousuf Mohamed al-Jaida said.
Qatar First Bank was the first QFC entity to be listed on the QSE. The QFC is aiming to corner at least 5% market capitalisation through the listing of its registered firms on the QSE.
Unveiling the 2017-22 roadmap, the QFC had said it would allow more sukuk, real estate investment trusts and family-owned companies to seek local listings.
Gulf Times
10/11/2016
Amwal, Qatar's first regulated investment company, and TAKAUD, the specialist provider of savings and pension solutions for the MENA region jointly announced their strategic partnership to tap the wi
The Peninsula
02/02/2016
Amwal AlKhaleej, a leading alternative investment and private equity firm, on Monday announced the successful sale of its investment in Sarwa Capital, the parent company for Contact Auto Credit to t
Saudi Gazette
11/11/2015
Amwal, Qatar's first regulated investment company and leading independent asset management firm, in collaboration with Germany's leading private bank Donner & Reuschel is launching a new GCC fund. Th
The Peninsula
| Ticker | Price | Volume |
|---|
07/11/2025
In a new achievement that confirms its leadership in adopting the highest sustainability standards, National Bank of Kuwait building won the award of Best Financial Building as part of the GCC Excell
Kuwait Times
07/11/2025
Adnoc Distribution Chief Executive Officer Bader Al Lamki said the company earmarks between $250 million and $300 million annually to support organic growth across the three countries where it operat
Trade Arabia
07/11/2025
IHC, the Abu Dhabi headquartered global investment company focused on building dynamic value networks, on Thursday reaffirmed that it does not intend to pursue the sale of its shareholding in Aldar P
Trade Arabia
07/11/2025
Aramex has resumed parcel and freight deliveries to Syria as of 15 September 2025, officially ending a suspension that lasted more than ten years. The move marks a major step in rebuilding trade rout
Gulfnews
07/11/2025
Parkin Company PJSC, Dubai's largest provider of paid public parking, reported record third-quarter results, with revenues up 43% year-on-year to Dh343.3 million, driven by higher tariffs, network ex
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia