Qatar and France yesterday explored options on mutual co-operation in the areas of capital market in a bid to strengthen the bilateral economic relations between the two countries.
These were discussed by the visiting delegation with the Qatar Stock Exchange officials at their meeting. French ambassador Eric Chevallier and Agathe Demarais, economic adviser on Middle East Affairs at the French Ministry of Economy and Finance; and the head of the Economic Department of the French Embassy were part of the French delegation.
“The visit comes as part of the tour undertaken by Demarais with a view to learning about the aspects of economic progress witnessed by Qatar,” the French envoy said.
He described the visit as an opportunity to look closely at the most important developments achieved by the Qatari bourse over the past few years.
QSE chief executive Rashid Ali al-Mansoori welcomed the French guests and gave them a full explanation of the achievements of the stock exchange in light of the economic boom in the country.
He further explained the significant role played by QSE and the outstanding performance achieved following the listing of Mesaieed Petrochemical Company and the upgrade of the market into an emerging market status by MSCI, the Standard and Poor’s-Dow Jones, and recently by FTSE Russell global indices.
Last month, Borsa Istanbul had entered into a memorandum of agreement with QSE that outlines the framework of action of their future co-operation.