Qatar, which has potential for $10bn to $15bn overseas funds inflow since its upgrade into emerging market, like other Gulf countries have been “grossly underestimated” by international investors, according to a top official of Doha Bank. In view of the need to change this perception, Doha Bank, which is expected to launch exchange traded fund (ETF) by April, is showcasing the country and the Qatar Stock Exchange (QSE), which last year joined the UN sustainable reporting, as well as its listed companies, in the US in May this year, its group chief executive Dr R Seetharaman told reporters in Doha.
As part of the UN Sustainable Stock Exchange initiatives, the QSE will be introducing ESG (environment, social and corporate governance) Guidance this year to assist listed firms wishing to incorporate ESG reporting into their existing reporting processes.
