21-04-2016 18:01 via news.yahoo.com

Qatar First Bank (QFB) announces second Qatar share float since 2010

Qatar First Bank (QFB) will list shares on the Qatar exchange on Sunday, a bourse statement said, in what will be only the second flotation on Qatar's stock market since 2010. The sharia-compliant financial institution which has long been linked with a flotation has only put its shares onto the bourse to trade and will raise no new money from the event, the bank's chief executive Ziad Makkawi told Reuters. The reference price of the shares will be QR 15 on the opening day with a fluctuation of 3
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