Qatar Business

Beijing: Minister of State for Foreign Trade Affairs at the Ministry of Commerce and IndustryHE Dr. Ahmad bin Mohammed Al Sayed held separate meetings with senior Chinese officials and representatives of leading Chinese companies in technology, logistics, industry and trade during his visit to China. His Excellency met with China International Trade Representative and Vice Minister of Commerce Li Chenggang, Vice Chairperson of the China Council for the Promotion of International Trade (CCPIT) Lin Honghong, Chairman of China International Capital Corporation (CICC) Chen Liang, and Chairman of Fung Investments Dr. Victor K. Fung. The meetings reviewed opportunities to expand economic, trade and investment cooperation across a number of priority sectors, particularly advanced industries and supply chains. They also examined the advantages offered by Qatar's business and investment environment and ways to strengthen engagement between the two countries' business communities. The meetings further discussed encouraging Qatari and Chinese companies to capitalize on available investment opportunities in ways that advance the shared interests of both countries.

Qatar Business

Doha, Qatar: Qatar Stock Exchange (QSE) and Baladna Q.P.S.C. (“Baladna” or “the Company”), Qatar’s largest dairy and beverage producer, announced today the successful completion of Baladna’s capital increase through a rights issue, with the newly issued shares listed and trading on QSE. The issuance comprised the offering of 535,996,240 new shares to existing shareholders, on a one-for-four basis, at a subscription price of QAR 1.01 per share, with the subscription period closing on August 17, 2026. The process was completed today with the full sale of the 120,507,405 unsubscribed shares at the start of the trading session, resulting in 100% coverage of the new shares offered. Following completion of the process, the Company’s issued and paid-up share capital rose from QAR 2,143,984,962 to QAR 2,679,981,202, distributed over 2,679,981,202 shares, an increase of 25%, making it one of the largest capital increases completed under the Offering, Listing, and Mergers and Acquisitions Rules issued by the Qatar Financial Markets Authority in December 2025. To celebrate the completion of this transaction, a Ring the Bell ceremony was hosted by Qatar Stock Exchange, attended by senior officials and representatives of the executive management teams of both organizations, reflecting the significance of this milestone in the Company’s journey. In a statement marking the completion of the capital increase process, Moutaz Al-Khayyat, Chairman of Baladna, said: “The successful completion of this capital increase marks an important milestone in Baladna’s growth journey and reflects the strong confidence our shareholders place in our strategy and future plans. This additional capital will allow us to accelerate the execution of our expansion plans, strengthen our production capacity, and reinforce our presence in regional and international markets, further advancing our contribution to sustainable food security. The full sale of the remaining shares reflects strong investor demand for Baladna shares, with the Company’s share price closing the trading session up 1.51% at QAR 1.28, confirming the success and completion of the issuance process. We extend our sincere thanks and appreciation to our shareholders for their continued trust and support, and to Qatar Stock Exchange, the Qatar Financial Markets Authority and Edaa for their effective collaboration in delivering this transaction smoothly and professionally.” For his part, Abdulla Mohammed Al Ansari, Chief Executive Officer of Qatar Stock Exchange, said: “The completion of the listing of Baladna’s capital increase shares represents an important milestone and underscores the pivotal role QSE plays in enabling listed companies to access the capital markets and benefit from a diverse range of financing solutions that support their growth and expansion plans. The successful execution of this transaction also demonstrates the efficiency of coordination and collaboration among the regulatory authorities, market infrastructure institutions and market participants involved.” He added: “QSE remains committed to developing an integrated and efficient market ecosystem that enables companies to capitalise on the tools and opportunities offered by the capital market. These efforts contribute to greater market depth and a broader range of investment opportunities for investors, while supporting private-sector growth and Qatar’s economic development objectives.” This transaction reflects Baladna's ongoing strategy to strengthen its capital base and diversify its sources of financing in support of its regional and international expansion plans, further consolidating its leading position in the dairy and beverage sector. It also reflects QSE’s commitment to the continued development of the market and to broadening the range of financing and investment solutions available to companies for raising capital.

Qatar Business

Doha, Qatar: Governor of Qatar Central Bank (QCB) HE Sheikh Bandar bin Mohammed bin Saoud Al-Thani met on Tuesday with Ambassador of the French Republic to the State of Qatar, HE Arnaud Pescheux. During the meeting, the two sides discussed bilateral cooperation relations and ways to enhance them in the financial and banking sectors.