Qatar: The Qatar Exchange 20 Index advanced 0.42%, closing at 8,785.53 Sunday and mostly driven up by banks and real estate shares. Mazaya Qatar Real Estate Development added .18% to hit QR10.85. Earlier in the day, Mazaya said it appointed Dr. Hamad bin Ali Al-Hedfa as chief executive officer, succeeding Seraj Al Baker. The appointment is effective as of May 1 and will be "a new step that the company believes will strengthen its efforts in bringing distinctive competencies to its workforce and help meet its corporate requirements," said Mazaya in a statement to its shareholders. [AMEInfo.com]
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