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DSM confirms buy back

Qatar: Saturday, May 27 - 2006 at 08:22

Following speculation earlier last week, the Qatari government has confirmed that it will indeed allow companies to buy back their own shares, reported Bloomberg. A statement on the bourse's web site revealed that the Doha Securities Market's Committee will outline the terms of the new law. Doha's decision follows that of the DFM at the start of last week.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Saturday, May 27 - 2006 at 08:22 UAE local time (GMT+4)

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