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Tomorrow is last day to subscribe to IPO of QLM
22 Dec 2020 - 9:40
The Peninsula
Doha: QLM Life & Medical Insurance Company, the leading life and medical insurance company in Qatar, has reminded investors to subscribe to the Initial Public Offering (IPO), which ends at close of business on December 23, 2020.
Eligible investors - Qatari nationals and companies incorporated in Qatar and holding a commercial registration certificate with the Qatari Ministry of Commerce and Industry (MoCI), and anchor investors defined as legal entities incorporated in the State of Qatar holding a commercial registration certificate issued by the MoCI can subscribe to the IPO.
Exponential growth in exports to Qatar from Turkey
20 Dec 2020 - 8:35
Sachin Kumar/ The Peninsula
The strengthening relations between Qatar and Turkey have resulted in exponential growth in trade volumes between the two countries. The value of exports to Qatar from Turkey has increased to $1.1bn as of third quarter (Q3) of 2020, from $255m in 2013, according to data from Turkish Statistical Institute – TurkStat.
Exports from Turkey to Qatar have grown substantially over the past few years, mainly driven by the efforts of the Supreme Strategic Committee and due to the unjust siege imposed the blockading countries.
The trade volume between Qatar and Turkey as of third quarter of this year was $1.4bn. It is significantly larger than the trade volume of $643m between the countries in 2013, according to ‘Qatar-Turkey Bilateral Trade & FDI Report’, compiled jointly by the Presidency of the Republic of Turkey Investment Office and the Investment Promotion Agency Qatar.