Qatar Stock Exchange launches Venture Market for SMEs

The Qatar Stock Exchange (QSE) launched a Venture Market, a platform for small and medium enterprises (SMEs) to list their shares in the stock market, recently.

Referred to as the Qatar Exchange Venture Market (QEVM), the program is a joint initiative between the QSE and Qatar Development Bank (QDB) which intends to support any company which meets the minimum listing criteria as well as the relevant regulatory requirements.

The QEVM is a separate and dedicated stock exchange for SMEs and is expected to attract more companies. It will provide an alternative way to raise financing or funding while increasing the equity base of the listed companies.

Companies listed on the QEVM will trade on an unlimited trading privileges (UTP) infrastructure with the same regulatory safeguards afforded to QE listed or main market companies.

The opening of the new market will be an important addition to the entrepreneurship ecosystem.
It will strengthen Qatar’s position as a centre of excellence for SMEs in the Gulf Cooperation Council and beyond. In addition, it demonstrates the QSE`s long term commitment to deliver additional routes to capital markets in line with the Qatar National Vision 2030 (QNV 2030).

In order to be eligible to list on the QEVM, companies will require approval from the QSE, the Qatar Financial Markets Authority (QFMA) and the Ministry of Commerce & Industry (MOCI).

Please click on the link and reach out to learn more about the QEVM and the initiatives of the key stakeholders in the State of Qatar as well as Business Start Up Qatar.