QSE Index Closes Lower
Qatar Stock Exchange (QSE) index on Wednesday closed down 59.68 points, or 0.56 percent, to reach 10,558.340 points.
During the session, 211,015,409 shares were traded at QR 494,247,502.141, through 40,999 transactions across all sectors.Shares of 16 companies rose during the session, while those of 33 others declined, and 3 companies maintained their previous closing prices.Market capitalization at the end of the trading session reached QR 624,365,816,896.805.
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Qatar Tribune
2 days ago
- Qatar Tribune
QSE Index Closes Lower
Qatar Stock Exchange (QSE) index on Wednesday closed down 59.68 points, or 0.56 percent, to reach 10,558.340 points. During the session, 211,015,409 shares were traded at QR 494,247,502.141, through 40,999 transactions across all of 16 companies rose during the session, while those of 33 others declined, and 3 companies maintained their previous closing capitalization at the end of the trading session reached QR 624,365,816,896.805.
Qatar Tribune
3 days ago
- Qatar Tribune
QSE index closes higher
QNA Doha The Qatar Stock Exchange (QSE) general index closed on Tuesday's trading higher by 133.960 points, or 1.280 percent, to close at 10,618.02 points. During the session, 184,242,725 shares, valued at QR439,346,781.170, were traded in 22,265 transactions across all sectors. Shares of 42 companies rose, while five companies saw a decline in their share price, and four companies maintained their previous closing price. Market capitalisation at the end of the trading session amounted to QR626.293 billion compared to QR620.602 billion in the previous session.
Qatar Tribune
6 days ago
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Al Mansour Group Leads Multilateral Green Growth Collaboration
His Excellency Sheikh Mansour bin Jabor bin Jassim Al Thani, Chairman of Al Mansour Group, announced that the Group has joined a multilateral alliance consisting of six leading global companies, including the renowned China Top 100 Business Forum (CBT100) and My Aion, a US-based technology and infrastructure firm. The alliance aims to launch a series of sustainable green projects, embracing a visionary approach that balances economic growth with the preservation of the environment and natural resources for present and future generations. His Excellency confirmed that Al Mansour Group signed a Memorandum of Understanding (MoU) to join this alliance on the sidelines of the Qatar Economic Forum, held from May 20 to 22 under the esteemed patronage of His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani. He highlighted that the alliance plans to establish a dedicated facility within Qatar Free Zones to invest in sustainable urban development, one of the country's key priority sectors, with an initial investment of QR 10 billion, expected to grow and expand in the future. His Excellency noted that the global alliance includes several prominent companies, most notably CBT100, a leading financial forum that brings together the top 100 listed companies in China, selected from over 5,000 listed firms, alongside My Aion, a US-based global leader in integrated smart infrastructure solutions. My Aion offers a comprehensive suite of advanced technologies, including artificial intelligence, cybersecurity, water management systems, and renewable energy solutions such as bifacial solar panels and other cutting-edge innovations. Under the leadership of Al Mansour Group, the alliance seeks to enhance foreign direct investment inflows into Qatar and reinforce the nation's position as a competitive regional and global financial hub, capable of attracting leading international corporations to the Qatari market. His Excellency highlighted the potential to expand the scope of the alliance's projects in the near future, particularly amid growing interest among major international companies to invest in the Qatari market and capitalize on the country's promising growth opportunities. He underscored that the alliance's target sectors were carefully selected based on investment feasibility, a forward-looking vision, and alignment with evolving global economic trends, with a strong focus on sustainability and innovation as key pillars of future growth. His Excellency further emphasized that Qatar is well-positioned to become a global hub for green projects, strengthening its competitiveness and supporting its ongoing sustainable development while preserving our planet for future generations. His Excellency underscored that Al Mansour Group is dedicated to investing in key sectors that advance Qatar's economic diversification, a key pillar of the Third National Development Strategy and Qatar National Vision 2030. The Group's extensive portfolio covers a range of sectors such as chemicals, plastics, electrical, steel industries, alongside real estate and development, hospitality, wellness, and healthcare, collectively supporting the country's sustainable development and economic growth. The Group strives to become one of the most competitive companies in Qatar by focusing on operational efficiency and customer reliability, while maintaining a strong business model, operational excellence, and a prudent risk management strategy to strengthen its market presence and deliver a broad range of products and services meeting the highest global standards. His Excellency further emphasized that the Qatar Economic Forum, held under the esteemed patronage of HH the Amir, serves as a pivotal platform for enhancing Qatar's investment presence both regionally and globally. Recognized among the world's premier economic events, the Forum spotlighted Qatar's attractive investment incentives, dynamic business environment, and progressive economic legislations that appeal to both local and international investors. With over 3,000 participants from more than 90 countries and 120 distinguished speakers, including world leaders, CEOs, policymakers, and government officials, the Forum substantially enhanced global confidence in Qatar's economy. Additionally, it facilitated the signing of more than 20 memoranda of understanding and held over 30 high-level meetings. His Excellency extended his sincere appreciation to the Qatar Free Zones Authority for its comprehensive investment facilitation, along with the Ministry of Commerce and Industry, the Investment Promotion Agency (Invest Qatar), and the Qatar Financial Centre. These key economic institutions play a pivotal role in offering significant investment incentives and facilitation, which positively impact the performance of the national economy. His Excellency anticipated that Qatar will continue to lead the Middle East in sovereign credit ratings, as affirmed by major global credit rating agencies such as Fitch, Moody's, and Standard & Poor's. He also projected sustained economic momentum and a fiscal surplus over the medium term. The country is expected to experience a substantial growth leap with the commencement of production in the first phase of the North Field expansion project, the largest gas project under construction in the world, starting mid-2026. The positive impact of this project will extend beyond the energy sector, benefiting a broad range of related industries. His Excellency emphasized that the advancement of the energy sector is progressing hand in hand with Qatar's strategic economic diversification, paving the way for sustained national development under the wise leadership of HH the Amir.
