The Ministry of Commerce and Industry (MoCI) has hosted a seminar titled "Mechanism and Benefits of Transitioning to a Publicly Listed Joint-Stock Company on the Qatar Stock Exchange (QSE)." The event aimed to raise awareness about the regulations and procedures for transforming companies into public joint-stock companies, while highlighting the advantages of listing on the Qatar Stock Exchange.
The seminar saw participation from representatives of limited liability companies, private and public joint-stock companies, as well as law and audit firms.
Speakers from the Ministry of Commerce and Industry, the Qatar Financial Markets Authority (QFMA), and the Qatar Stock Exchange discussed the significance of transitioning to a public company, which offers various financing options to support business growth.
They also explored how family-owned, private, and startup companies can benefit from going public and listing on the Qatar Stock Exchange. The role of the Ministry and QFMA in facilitating and overseeing this process was also covered.
The seminar outlined the legal procedures involved in the transformation, in accordance with QFMA regulations and the Commercial Companies Law (No 11 of 2015), as amended by Law No 8 of 2020.
It also highlighted the Ministrys efforts to simplify these procedures, including recent amendments to the Commercial Companies Law.
Additionally, the seminar examined the listing criteria for both the main and emerging markets, stressing the importance of choosing the right platform to align with a company's strategic goals.
The event featured success stories from companies that have transitioned to publicly listed joint-stock companies, with participants praising the Ministry and QFMA for streamlining the process.
The seminar concluded with an interactive Q&A session where speakers addressed attendees' questions on various aspects of the transformation and listing process.
This seminar is part of the Ministrys ongoing efforts to support the private sector and contribute to the country's economic growth, in line with Qatar National Vision 2030.
The Ministry reaffirmed its commitment to creating a supportive investment and regulatory environment that promotes sustainable business growth and encourages companies to take advantage of the benefits of becoming publicly listed, enhancing their competitiveness both locally and globally.