In the application of the provisions of this regulation, the following words and expressions shall have the meanings shown against each of them, unless the context indicates otherwise:

State: State of Qatar

QFMA: Qatar Financial Markets Authority established as per Qatar Law No. 33/2005 and its amendments.

Market: The organized market subject to the supervision of the QFMA and [current or future market] for trading in securities.

Primary Market: The market where the Issuer offers securities for public or private subscription by investors.

Secondary Market: The market where securities are traded between investors which consists of the main market and the second market.

Main Market: The market where the trading in the shares of the companies that satisfy all of the requirements as per the specified standards.