Wednesday 25 May 2011

LSE woos more Qatari firms to list

The London Stock Exchange (LSE) is all set to list one more Qatari company and might woo more publicly-traded entities from the region, especially with Arab Spring changing the dynamic in the Middle East and North Africa (MENA) region.

Two key LSE officials who were here yesterday said they hoped to list yet another Qatari public shareholding company, hopefully within this year, but refused to divulge details.

The new listing will take the total number of Qatari firms represented on the LSE to four. As for the GCC, the LSE hopes to rope in at least four firms from here for listing this year.

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