Business

MPHC shares surge on Qatar Exchange debut

MPHC shares surge on Qatar Exchange debut

February 26, 2014 | 08:56 PM

MPHC chairman and HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada rings the bell marking the listing of Mesaieed Petrochemical Holding Company on the Qatar Exchange in the presence of QE acting chairman Dr Hussain Ali al-Abdullah; Qatar Central Bank Governor HE Sheikh Abdullah bin Saud al-Thani; MPHC vice chairman Abdulrahman Ahmed al-Shaibi and MPHC chief coordinator Khaled Mohamed al-Subaey. Al-Sada described the listing as a milestone for Qatar’s petrochemical sector in general and for MPHC in particular. “The listing of MPHC is an important step in the implementation of the Qatar National Vision, which will contribute to achieving economic diversification, expanding private sector participation in the development process, and providing a real opportunity to all citizens to benefit directly from the economic growth and boom in the oil and gas sector,” al-Sada said. Picture: Noushad Thekkayil.

 

February 26, 2014 | 08:56 PM