The Qatar Financial Markets Authority reported that its Chief Executive Officer, H.E. Dr. Tamy Bin Ahmad Al-Binali, participated by video conference in the 19th annual meeting of the Union of Arab Securities Authorities (UASA) Board, delivering remarks in his capacity as outgoing UASA president as Qatar’s year-long presidency was handed over to the People’s Democratic Republic of Algeria. The meeting reviewed a report on work carried out during 2024 and considered General Secretariat memos covering draft guidelines for issuing Islamic sukuk in Arab capital markets, the treatment of financial services companies’ dealings in Arab capital markets with foreign stock exchanges, and proposals to facilitate “know your customer” (KYC) due diligence requirements in financial and banking institutions. Board discussions also covered studies on strengthening cooperation on financial technology and cybersecurity risks among members, and on enhancing financial inclusion in Arab capital markets.

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