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Pioneers Syria to run Qatar National IPO

  • Qatar: Sunday, July 05 - 2009 at 09:56

Qatar National Bank has said it has appointed Pioneers Syria, a licensed investment and brokerage firm based in Damascus, as the manager for the 34% initial public offering of its subsidiary in Syria. The IPO, scheduled to open for subscription between July 12 and August 10, 2009, will raise $37.15m.

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