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Qatar in Talks on LSE, German Bourse Partnerships-TV - ASHARQ AL-AWSAT English Archive
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DUBAI, (Reuters) – Qatar, which yesterday agreed to sell 25 percent of its stock market to NYSE Euronext, is in talks with stock exchanges in London and Germany about new partnerships, a Qatar Investment Authority executive said.

“Qatar is in talks with the London Stock Exchange and the bourse in Germany to build new strategic partnerships,” Al Arabiya Television reported on Wednesday, citing Hussein al-Abdullah, executive board member of the QIA, Qatar’s $60 billion sovereign wealth fund.

“This will induce a leap in Qatar’s financial market through a linkage with global markets,” Abdullah said, without giving further details on the nature of the partnerships.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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