The initial public offering (IPO) market in Qatar is all set to witness drastic changes as companies wishing to go public will soon have a book building regime in place, it is learnt.
The Qatar Stock Exchange (QSE) is slated to see an initial public offering (IPO) this September, which ought to give a fillip to the primary segment for a sustainable capital market, its top official said.
Doha Bank has announced the launch of a financing facility for Qatari nationals to subscribe to Baladna Food Industries’ (BFI) initial public offering (IPO)
Qatar witnessed the highest valued IPO (initial public offering) in 2018 in the Middle East and North Africa (Mena) region with the listing of Qatar Aluminum Manufacturing Company (Qamco) on the Qatar Stock Exchange, raising $745.6mn during the fourth quarter, according to Ernst and Young (EY).
Qatari investors have extended a rousing welcome to the Qatar Aluminium Manufacturing Company's (Qamco) initial public offering (IPO), which was oversubscribed 2.5 times, reflecting their confidence in the country’s economy and its capital market.
Saudi Aramco Chairman Khalid al-Falih said on Sunday an initial public offering of the world's largest oil firm could be on the local or international markets but would not include Saudi oil reserves, according to Dubai-based al-Arabiya TV.