Doha: In line with its vision and efforts to enhance awareness and sustainability within the private sector, Qatar Stock Exchange has announced the launch of the Al-Nukhba Program.
According to Qatar News Agency, this educational and training initiative is designed to enhance the capabilities of promising family-owned and private companies in Qatar. The program will provide the necessary tools and expertise to support these companies in making strategic decisions and inform them about financing options available in capital markets.
The Al-Nukhba Program aims to support Qatari family-owned and private companies with strong financial and operational foundations and promising future growth potential, enabling them to effectively access capital markets. Through participation in the program, Qatari companies will have a valuable opportunity to interact with the local and international business communities and benefit from a wide network of experts and advisors in various fields.
Additionally, the program provides an exclusive digital platform designed to enhance brand visibility and organizational skills for these companies. It will include a series of training workshops conducted by leading global and local consulting firms, offering their diverse expertise. All programs offered will be free of charge.
Qatar Stock Exchange invites all family-owned and private companies in Qatar to participate in the Al-Nukhba Program and benefit from the global expertise shared through the initiative. This collaboration aims to develop the private sector in Qatar, thereby enhancing the competitiveness, growth, and sustainability of Qatari companies.
Abdulaziz Nasser Al-Emadi, Acting CEO of Qatar Stock Exchange, stated that the launch of the Al-Nukhba Program represents a strategic step towards empowering family-owned and private companies in Qatar to achieve sustainable growth and enhance their readiness for listing on the financial market. He added that the Al-Nukhba Program is one of the most ambitious initiatives aligned with Qatar National Vision 2030 and the Third Financial Sector Strategy.
These strategies emphasize the development of the Qatari capital market and increasing the private sector’s contribution to the national GDP as fundamental principles. Qatar Stock Exchange recognizes that the process of listing and accessing financial markets requires multiple resources and full commitment from companies seeking to go public. Therefore, Qatar Stock Exchange and its partners from leading global and local consulting firms will provide sufficient skills and knowledge across various necessary fields through the Al-Nukhba Program.
This will contribute to reducing the costs and time required to access financial markets in the medium and long term. The Al-Nukhba Program is built on fundamental principles, including knowledge transfer, expanding business networks, and educating family-owned and private Qatari companies on strategic topics related to capital markets, such as corporate governance, company valuation, financial disclosure, and sustainability.
This approach aims to increase the confidence of Qatari companies in accessing capital markets. The program also provides participating companies with the opportunity to benefit from the best professional expertise from a selection of renowned international and local consulting firms. Qatar Stock Exchange invited all Qatari companies to participate in the Al-Nukhba Program and take full advantage of its objectives.