VOL. XLV

No 17

29-April-2002

QATAR

QFC IPOOversubscribed

The Initial PublicOffering (IPO) for the Qatar Fuel Company (QFC) has been oversubscribed, withall applicants to be allotted shares in proportion to the number applied for bythem, according to Qatar Petroleum. The IPO subscription, opened on 16 Marchand closed on 15 April, was lead managed by Qatar National Bank (QNB), with theother underwriters for the offer being Commercial Bank of Qatar, Doha Bank,Qatar International Islamic Bank, Qatar...