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al khaliji enters Doha security market 20 index and shares insights with investment audience in Abu Dhabi
- Qatar: Tuesday, November 04 - 2008 at 14:01
- PRESS RELEASE
al khaliji and 3 other companies entered the DSM 20 Index with effect from 1 January 2009. The index is used as a performance benchmark for stocks listed on the Doha Securities Market.
David Proctor, Chief Executive Officer of al khaliji, commented: "The inclusion of al khaliji in the DSM 20 Index reflects a variety of factors including the size of our market capitalisation and the number and value of shares traded. We're delighted to be joining such an esteemed short list of companies just over 1 year after our listing."
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Notes and media contacts
About al khalijial khaliji was incorporated in Doha in January 2007 with an aim to become a regional GCC bank offering conventional and Islamic banking services. Since incorporation al khaliji completed its IPO and listing on the Doha Securities Market and raised QAR 7.2bn of authorised capital, recruited 394 staff, successfully launched all four of its business lines (Corporate & Institutional Banking, Treasury & Debt Capital Markets, Premium / Business and Retail Banking). It also announced a commercial agreement to purchase the UAE assets of BLC (France) S.A. and opened an office in the Dubai International Financial Centre.
For more information, please contact:
Maitha Al-Qader
Principal
Corporate Affairs
al khaliji
Asia Street 60, West Bay
PO Box 28000, Doha, Qatar
Tel.: +974 494 0645
Fax: +974 499 6020
Qatar Mob.: +974 578 0843
UAE Mob.: +971 50 427 7427
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Posted by Ehab Al-Abbadi
