Sunday 19 May 2013
 
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Qatar postpones float of $12bn investment firm

A planned floatation of Doha Global Investment Co, a $12 billion Qatari investment firm backed by assets from the Gulf state's sovereign wealth fund, has been postponed pending necessary approvals, a senior bourse official said on Sunday.

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Qatar Petroleum plans $50bn IPOs for units

State-owned Qatar Petroleum plans to offer shares in four of its units in coming years, said Hussain al-Abdulla, executive board member of Qatar Holding, the investment arm of the country's sovereign wealth fund. "There a

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Omani power firms plan IPOs in mid-2014

  Two Omani electricity generating companies - Al Suwaidi Power Company and Al Batinah Power Company - said they plan to launch initial public offers (IPOs) of their shares around June next year.

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Omani power firms plan IPOs in mid-2014

  Two Omani electricity generating companies - Al Suwaidi Power Company and Al Batinah Power Company - said they plan to launch initial public offers (IPOs) of their shares around June next year.

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Sudan's sugar firm eyes $200m from S.Africa IPO

Kenana, Sudan's biggest sugar producer, plans to raise around $200 million in an initial public offering in Johannesburg next year, its managing director said. Last week, the Khartoum-based firm said it planned to make next ye

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Sudan's top sugar firm plans biofuel expansion

Kenana, Sudan's biggest sugar producer, plans to more than triple its ethanol output within two years to become a major biofuel exporter and intends to make a stock market offering in South Africa, its managing director said.

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Turkish IPO faces key test in Pegasus sale

  Turkish IPOs could ride in the slipstream of Pegasus Airlines. The long-awaited initial public offering of the fast-growing low-cost carrier is the largest the country's lumpy new-issues market has seen for two years.

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Oman's Alizz Islamic Bank eyes Q3 launch

  Oman's Alizz Islamic Bank , the second full-fledged Islamic bank in the sultanate, plans to begin operations in the third quarter of this year, chief operating officer Jamal Darwiche said.   O

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Qatar stocks hit 2013 low as IPO looms

  Qatar's bourse booked its largest one-day drop in four months on Sunday as investors took their cues from weak global markets to sell shares ahead of a huge IPO planned by a new state investment firm in May. 

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Zain Bahrain told to complete share sale by year-end

  Zain's Bahraini unit must complete an initial public offering by December-end to comply with its licence terms, the kingdom's telecom regulator has said.   Zain Bahrain has been instructed

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