Tuesday 31 December 2013

Qatar launches QR 3.2 billion IPO subscription for Mesaieed Petrochem | Doha News

Qatar launches QR 3.2 billion IPO subscription for Mesaieed Petrochem | Doha News:

"State-owned Qatar Petroleum has launched the Initial Public Offering subscription period to sell 25 percent of its subsidiary Mesaieed Petrochemical Holding Company.

It is the country’s first IPO in four years, and is being billed as a way for the government to both share some of Qatar’s oil and gas wealth directly with its citizens, as well as foster a culture of personal saving.

On the company’s website, Mesaieed Petrochemical states:"

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