Doha-Mubasher: Qatari Investors Group will replace Al Meera Consumer Goods Company in QE index, according to a bourse statement.

Widam will join Al Rayan Islamic index, while Zad Holding and Qatar Islamic Insurance will be removed from such index.

The Qatar Stock Exchange (QSE) reviewed the sector classification of Mannai Corporation, and its financial statements for 2013, 2014 and 2015.

Consistency in business unit revenue drivers was also considered to determine the sector for Mannai.

As a result of the review, Mannai will join the QE consumer goods and services sector index at the semi-annual index review effective as of 1 October.

The company will be removed from the calculation of QE industrial sector index.