• HSBC

Qatar plans IPO in new company

  • Qatar: Sunday, January 06 - 2008 at 11:01

Qatar's deputy prime minister has said the country's oil ministry plans to sell shares next month in a new oil services company made up of three of its units, reported the Peninsula. Abdullah bin Hamad al-Attiyah said the initial public offering, which will group Gulf Helicopters, Al Koot Insurance and Reinsurance Co. and Gulf Drilling International, will only be open to Qatari nationals.

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