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Qatar Insurance raises capital base to QR1.28bn

  • Qatar: Tuesday, May 14 - 2013 at 04:57

Qatar Insurance Co (QIC) has said its capital base has reached QR1.28bn following oversubscription of its rights issue, which was open for subscription from March 4 to 25, Gulf Times has reported. Total subscription reached QR1.57bn with number of shares ordered being 34.9 million, QIC said.

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