Nawras, the phone company controlled by Qatar Telecom QSC, plans to sell 40 percent of its shares in Oman’s first initial public offering in two years. Nawras will offer 260 million shares at a nominal price of 100 baisas through a one-month
Telecom services provider Nawras, a subsidiary of Qatar Telecom Qtel, yesterday announced to launch initial public offer (IPO) on September 15, the size and price of which is likely to be announced on September 7. The company, which is a subsidiary of
Nawras, a subsidiary of Qatar Telecommunication (Qtel) may raise between $550 million and $600 million in its long-awaited initial public offering, a source familiar with the matter said on Tuesday. Nawras, which broke the monopoly of sta
Nawras, the Sultanate’s second biggest telecom service provider, is planning to offer 260 million shares through an initial public offering (IPO) by next month. Although the company and its lead managers are tight-lipped on the issue size and offer
Oman's Nawras, a subsidiary of Qatar Telecom (Qtel), is set to launch an initial public offering on September 20, a source close to the deal said on Tuesday, the first from the sultanate this year. Nawras, which broke the monopoly of stat
Nawras, a communications provider in Oman, said its plans for an initial share sale and listing on the Muscat Securities Market remain on track and it will make further statements in coming weeks, according to an e-mailed statement.
Brokerage houses on the local bourse are in dire straights on dwindling volumes and high operating costs. Amwal Investment, one of the brokerage firms operating on the Muscat Securities Market (MSM), downed shutters, while several other small players
Muscat Securities Market (MSM) general index yesterday added 3 points to close at 6,350 points supported by the indices of banks and investment sector and the industry sector. Around 9,800 million shares worth of RO 4 million changed hands through
The market value for companies enlisted on Muscat Securities Market (MSM) rose by 2.6 per cent during July, 2010 to RO 9.50 billion as compared to RO 9.25 billion last June. The Muscat Securities Market (MSM) 30 index closed at the end of July 2010 at
Market operators on the Muscat Securities Market (MSM) are urging extension of trading time on the bourse to enhance trading volumes. A section of operators believe that if MSM extends trading time by one or two hours, the local bourse will be ali