13 May 2013
(MENAFN) Qatar bourse’s acting chairman, Hussein Ali al-Abdullah, announced that the listing of the USD12 billion Doha Global Investment Co on the stock market has been deferred, reported Reuters.
Al-Abdullah, who is also the acting chairman of Qatar Holding, the country’s sovereign fund, attributed the postponement of the initial public offering (IPO) to the lack of some needed approvals from the concerned authorities.
In February, Qatar said that it will establish the investment firm with USD3 billion worth of assets from Qatar Holding, while another USD3 billion will be raised in an IPO on the Qatar Exchange.
It is worth noting that the IPO was slated to take place during the current month and was to be open only to citizens, firms and institutions in Qatar, while foreign investors will be allowed to acquire the shares after the company is listed on the market.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more