Qatari German Medical Devices (QGMD) is in the final stages of obtaining accreditation from the US Food and Drug Administration (FDA) as it now plans additional production line to meet the rising local and global demand.
Global index compiler FTSE Russell will include Qatari German Medical Devices and Gulf Warehousing under its microcap category, while Baladna will be deleted from the microcap segment.
A Qatari manufacturing firm specialising in medical devices has announced plans to diversify its portfolio to fill the gap between local companies and suppliers from siege countries, which have stopped exporting products to Qatar since June.
Buy the dollar. Again. That’s the message for next year from the biggest banks trading in the $5.3-tn-a-day currency market.