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QSE to see 4 new listings in Q4 - CEO

QSE to see 4 new listings in Q4 - CEO
These companies comprise Qatar Aluminium, Qatar Pharma Factory, and Rayyan Water

Mubasher: Around four companies are almost ready to be listed on the Qatar Stock Exchange (QSE) by the fourth quarter of 2018, Rashid Al Mansoori, CEO of QSE, expected.

These companies comprise Qatar Aluminium, Qatar Pharma Factory, and Rayyan Water, in addition to a mega real estate company, Al Mansoori said in a television interview.

In May, Qatar Petroleum has revealed its plans to offer around 49% of its stake in Qatar Aluminium in an initial public offering (IPO) on the Qatari bourse.

It is worth noting that QSE ended Monday’s trading session in positive territory, encouraged by a massive growth of all sectors, as the general index rose 119.19 points, or 1.22%, to finish at 9,889.62 points.