VOL. XLI

No. 50

14-December-1998

QATAR

GIC Launches Q-Tel Offering

Gulf Investment Corporation (GIC), the lead manager for the privateplacement of Qatar Telecommunications Corporation (Q-Tel) shares in the GCC, launched aseries of roadshows on 5 December introducing Q-Tel shares to investors. During the firstroadshow held in Kuwait and attended by over 80 corporate and individual investors, GICexplained that the Government of Qatar is offering 45% of its stake in Q-Tel through aninitial public...