Mesaieed Petrochemical Holding Company (MPHC), which recently concluded its successful QR3.23bn initial public offer (IPO), will be listed at the Qatar Exchange on February 26. The decision to list MPHC, a Qatar Petroleum subsidiary, under the
The Qatar Exchange yesterday retreated below the 11,700 levels mainly on profit-booking in the telecom and banking stocks. Selling pressure was seen stronger among local retail investors as the 20-stock Qatar Index (based on price data) fell 0.29% to
The Qatar Exchange ended in the red area when trading closed Tuesday at 11,690.49 points or 0.29 percent down 33.71 points from the previous closing of 11,724.20 points on Monday. The volume of shares was fell to 14,023,380 from Monday 16,013,457 and
At Mobile World Congress 2014 in Barcelona, Ooredoo will showcase the impact of its life-enhancing mobile services, one year after launching its new brand at the event in 2013. The theme of this year’s GSMA Mobile World Congress is “Creating What’s
Blue chip Industries Qatar surged to a nine-year high yesterday as a surprise hike in dividends attracted buyers even though the firm’s fourth-quarter profit trailed estimates. Industries Qatar boosted Doha’s measure, while other regional markets wer
H.E. Ahmad Al-Sayed, the CEO of QatarInvestment Authority, spoke publicly for the first time since his appointment to confirm the vision for QIA. In aninterview with Bloomberg Television in London, Mr.Al Sayed noted that the strategy of QIA is main
The QE Index extended its relentless rally in a truncated week, registering gains on every single trading day tagging a new 52-week high. The positive development was that the index managed to cling onto its support near the 11,170.0 level and cle
The Qatar Exchange and Enterprise Qatar have launched a project to help Qatari small and medium enterprises (SMEs) to get listed on the QE Venture Market. A memorandum of understanding to the effect was signed between the QE and EQ in Doha yesterday.
Qatar Exchange hit a new five-and-a-half-year high and added QR16bn in capitalisation on buying support from local retail investors during the week. Consumer goods and banking stocks made impressive gains, which lifted the 20-stock Qatar Index by 2.
Qatar Exchange index gained 323.29 points (2.89 percent) last week when the bourse closed yesterday at 11,515.50 points. Trading value during last week increased by 20.25 percent to reach QR2.77bn compared to QR2.3bn in the previous week. Trading v