Shares in Qatar's Mesaieed Petrochemical Holding Co soared 400 percent on Wednesday in the country's first stock market listing since 2010, far exceeding analysts' expectations.
The shares opened at 50.0 riyals, up fro
Mesaieed Petrochemical Holding Company, a unit of state-owned Qatar Petroleum, plans a listing of its shares on Qatar Exchange on February 23, said a report.
The announcement comes after Mesaieed Petrochemical received the approva
Doha-based Al Khalij Commercial Bank (al khaliji) is set to take part as a ‘receiving bank’ in the initial public offering (IPO) for Mesaieed Petrochemical Holding Company which commenced recently for Qatari citizens.
Mesaieed Petrochemical Holding Company, a unit of state-owned energy giant Qatar Petroleum, will conduct a 3.2 billion- riyal ($880 million) initial public offering of its shares in the local market next month, officials said on Sunday.
Qatar Petrochemical Company (Qapco), a joint venture between Industries Qatar and Total, has opened its new state-of-the-art, third low-density polyethylene plant LDPE 3 at a ceremony in Mesaieed Industrial City.
Sheikh Hamad bin
Iberdrola Ingenieria y Construccion, a leading Spanish company in installations for electrical power generation, has commissioned a 2,000 MW gas-fired combined-cycle power plant in Qatar.
The power plant comprises three configuration group
Qatar Petroleum (QP) has invited bids from contractors for the engineering, procurement and construction (EPC) contract covering the QR728.4 million ($200 million) gas sweetening facilities integrated project at Mesaieed.
At least seven co