Middle East Economic Survey
Qatar Gas Transport Company To Launch IPO
Qatar Gas Transport Company (Nakilat) will increase its authorized capital from QR4.6bn ($1.26bn) to QR5.6bn ($1.54bn), its general assembly decided at an extraordinary meeting held on 18 December. The founding companies will subscribe to 50% of the total approved capital of QR5.6bn, while the remaining QR2.8bn ($769mn) will be raised through a public offering. Nakilat will sell 280mn shares...