VOL. XLI/VOL. XLII

Nos. 52/1

28-December-1998/4-January-1999

QATAR

Q-Tel IPO Successfully Completed And 14% Oversubscribed

The Qatari Minister of Finance, Economy and Commerce, Mr. Yusuf HusainKamal, announced on 21 December that the Initial Public Offering (IPO) of QatarTelecommunications Corporation (Q-Tel) had been successfully concluded and oversubscribed.Over 8,000 investors, including both Qataris and resident non-Qataris, applied, withadditional demand coming from over 2,000 investors...