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Tuesday, 14 March 2017

Qatar exchange awaiting shareholder approval for IPO: CEO | Reuters

Qatar exchange awaiting shareholder approval for IPO: CEO | Reuters:

"The Qatar Stock Exchange is awaiting the approval of its shareholders to conduct an initial public offer of its own shares, the exchange's chief executive Rashid Ali al-Mansoori told reporters on Tuesday. He did not give a time frame for the IPO. The exchange is owned by Qatar Holding, the investment arm of the country's sovereign wealth fund Qatar Investment Authority; in 2013, Qatar Holding bought out NYSE Euronext's 12 percent stake. Dubai Financial Market DFM.DU is currently the only listed Gulf stock exchange. Its shares are listed in Dubai."



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