Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar- QFMA signs pact for securities numbering  Join our daily free Newsletter

MENAFN - The Peninsula - 06/02/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - The Peninsula) Qatar Financial Markets Authority (QFMA) has signed a partnership agreement with the Association of National Numbering Agencies (Anna).

As per the agreement, QFMA is authorized for the task of numbering of all domestic securities issued in Qatar with unified International Securities Identification Number (ISIN) and the Classification of Financial Instruments (CFI) code

Nasser Ahmed Al Shaibi, CEO, QFMA described the decision as an important step to transform Qatari market into more efficient . The decision would help boost the investor confidence

The ISIN and CFI are globally recognized identity for securities and are instrumental in attracting international investors, especially international financial institutions. It also enhances the accurate representation of listed Qatari companies, while reducing any risk of misrepresentation or confusion between similar named ntities, he added.

The launch of securities numbering is also the part of QFMA's ongoing initiatives to give better exposure of the Qatar capital market to the International Financial Markets. Gaining the membership of the International Organisation of Securities Commissions (IOSCO) and the upgrade of the Qatar Exchange to Emerging Market status, has already given a boost to Qatar's financial market.

Formed in 1992 under Belgian Law, ANNA was created to promote the use of International Securities Identification Numbers as the adopted method of uniquely identify financial instruments. ANNA was subsequently appointed by ISO (the "International Organization for Standardization") as the Registration Authority and Maintenance Agency for the ISIN Standard (ISO 6166). The Association originally started 22 National Numbering Agencies (NNAs), and twenty years later it comprises more than 110 NNAs.


The Peninsula

  MENA News Headlines
 Nov 27 2015 - Qatar- Buoyed by strong buying, QSE snaps four days bearish spellGulf Times
(MENAFN - Gulf Times) Snapping four days of bearish spell, Qatar Stock Exchange gained a marginal 11 points, mainly on buying in the transport, realty and insurance stocks.Domestic institutions ...

 Nov 27 2015 - Saudi Aramco plans to invest more in Indonesian oil sectorGulf Times
(MENAFN - Gulf Times) Saudi Aramco is looking for further investment opportunities in Indonesia's downstream refining and petrochemicals industry, the company's CEO said yesterday, after initiating a ...

 Nov 27 2015 - Despite $500bn loss, Opec seen holding the line at Vienna meetGulf Times
(MENAFN - Gulf Times) It'll take more than $40 crude to make Opec change its mind, analysts said before the group's December 4 meeting in Vienna.In the year since the Organisation of Petroleum ...

 Nov 27 2015 - Qatar- WTCC season finale set to light up Losail circuitGulf Times
(MENAFN - Gulf Times) This time at the Losail International Circuit, the screeching wail of the MotoGP and the WSBK motorcycles will be replaced by the guttural exhaust note of the touring cars ...

 Nov 27 2015 - UK- Time to start bombing IS, Cameron tells lawmakersGulf Times
(MENAFN - Gulf Times) Prime Minister David Cameron told lawmakers yesterday it was time to join air strikes against Islamic State militants in Syria, saying Britain cannot "subcontract its security ...

 Nov 27 2015 - Blogger case still before Saudi courts: ministerGulf Times
(MENAFN - Gulf Times) The case of Saudi blogger Raif Badawi, whose flogging sentence created worldwide outrage, is still before the courts, Foreign Minister Adel al-Jubeir said on Thursday."The legal ...

 Nov 27 2015 - Palestinian hits Israeli soldiers with car in West Bank, shot deadGulf Times
(MENAFN - Gulf Times) A Palestinian rammed his car into Israeli soldiers at a bus station in the occupied West Bank Friday before being shot dead, police said. "A Palestinian car hit two Israelis ...

 Nov 27 2015 - Envoy meets head of Qatar-EU Friendship GroupGulf Times
(MENAFN - Gulf Times) Qatar's Ambassador to Belgium and head of Qatar's mission to the European Union, HE Sheikh Ali bin Jassim al-Thani, met at the European Parliament the head of the ...

 Nov 27 2015 - Qatar- Traffic diversion for 2 years in Al Rayyan areaGulf Times
(MENAFN - Gulf Times) A traffic diversion for almost two years will come into effect on Gharrafat Al Rayyan Street between Gharrafat Al Rayyan Roundabout and Qatar Foundation (Civil Defence) from ...

 Nov 27 2015 - KSA's Aramco plans to spend big-cash in IndonesiaMENAFN
(MENAFN) Saudi Aramco seeks further investment chances in Indonesia's downstream refining and petrochemicals industry, amid its recent USD5.5 billion development to enhance Indonesia's biggest ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help