Following the successful launch and initial implementation of QIA’s market making initiative in September 2022, Qatar Investment Authority (QIA) has announced the establishment of a permanent market-making programme at the Qatar Stock Exchange (QSE).

In 2022, QSE saw the largest foreign investment flows in its history. On the back of this success, QIA is committing up to QR1 billion to the establishment of a permanent market-making program to support the continuation of this momentum and contribute to the growth of the Qatari economy.

The commitment is set to run over the next five years and will cover 90% of the size of the market capitalization listed on QSE, offering an economic incentive by way of a rebate to lower trading costs for established market makers.

The permanent programme will help enhance liquidity in the market, improve price discovery, and diversify the capital markets in Qatar. Through increased investor confidence, the programme will support to attract further foreign asset managers to invest in Qatar.

The commitment from QIA aligns with its mandate to support the development of a competitive Qatari economy.

In its wider reform strategy, QSE is working to attract a greater number of listings, introduce more ETFs, improve ESG disclosures and derivatives to help investors diversify their portfolios and better manage their investment risks.

QSE is working closely with Qatar Financial Markets Authority (QFMA) and Qatar Central Securities Depository (QCSD) on its wider reform strategy.