QE to list first of four investment funds soon

The Qatari bourse is all set to list one of the four planned investment funds soon. CEO of Qatar Exchange (QE) Rashid Al Mansoori said they were just waiting for the necessary approval to list the fund, while the approval process for listing the second fund is also ongoing. The remaining two proposed funds are under study, he added. One of the four funds is Al Rayan Islamic, while another one will be bonds-based. Details of the four funds are yet to emerge. Al Mansoori said several new companies would be listed on the QE this year. A number of companies have applied for listing and their requests are being looked into by the regulator.