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Mazaya begins in Qatar Exchange

Mazaya Qatar Real Estate Development Company was admitted to trading on Qatar Exchange (QE) raising the number of listed companies to 43. The opening price on the first day of trading was QR10 then trended in an upward direction reaching the upper limit to QR10.50. The last traded price was QR9.55. The number of executed […]

Qatar property firms to merge

Barwa Real Estate, Qatar’s second-largest developer, agreed to buy Qatar Real Estate Investment Co as the slump in real estate prices in the region quickens the pace of mergers in the industry. ‘This transaction will create a company with significant scale and depth across all real estate segments and which will continue to play a […]

Vodafone Qatar will be listed on the Qatar Exchange (QE) on July 22 with foreigners allowed to trade in its shares. Data for shareholders will be available at brokerage firms on July 18, QE announced yesterday. Once listed, 100 percent of the company’s authorised share capital will be open to foreign investment, with no limits […]

NYSE Euronext (NYX) and Qatar Holding will establish the Qatar Exchange as a successor to the Doha Securities Market as they look to boost the exchange to international recognition. By 2015, Qatar is expected to be the second-largest economy in the Gulf Cooperation Council, so the move will likely give NYSE exposure to one of […]