Kuwait's National Mobile Telecommunications Co. (Wataniya), which is majority-owned by Qatar Telecommunications (Qtel), plans to launch a dual listing on the Doha exchange by the year-end, its chief executive said on Tuesday.
"(The) Qatar listing is still on the cards, but has taken a bit of time because of issues between the exchanges. They have asked for more information," Scott Gegenheimer told reporters on the sidelines of a conference. "It's planned before the year-end."
The dual listing is meant to give Qataris access to the company's stock without going to the Kuwaiti market, said Gegenheimer.
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