VOL. XLI

No. 39

28-September-1998

QATAR

Qatar Set To Privatize Q-Tel

Qatar announced on 22 September that it would privatize 45% of Q-Tel,the state-owned telecommunications company, before the end of the year. According to Mr.Yusuf Kamal, the Qatari Minister of Finance, the "initial public offering of Q-Telwill begin on 1 December and last until 30 December." The shares will be offeredthrough the Doha Securities Market and will be available to Qatari nationals, other GCCnationals and foreigners....