Qatar's Masraf Al Rayan, Doha Bank to launch ETFs by year-end

23 Oct, 2016

Qatari banks Masraf Al Rayan and Doha Bank plan to launch the Gulf state's first exchange-traded funds (ETFs) by the end of the 2016, a move that should boost capital flows into the local stock market, a bourse official said. The launch of ETFs - portfolios of stocks that track an index - could boost a market that has been pressured in recent months by low natural gas prices and limited liquidity.

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