Monday 22 February 2010
Oman bourse chief sees just two IPOs in 2010
Only two companies are expected to float on the Omani stockmarket this year, the bourse regulator said on Monday, naming Al-Khalili Group and Qatar Telecom's QTEL.QA local unit.
"So far only two IPO issues are expected to come out this year," Yahya Al-Jabri, executive president of the Capital Market Authority (CMA) told Reuters.
"The Al-Khalili Group's IPO is on finalisation and the Nawras (IPO) will soon come out," he added, without elaborating.
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