Posted on May 19, 2011

Qatar's Aamal is set to list its shares on the London Stock Exchange next month, as global depositary receipts (GDRs), Reuters has reported. The diversified trading, property and industrial company will list up to 118.8 million shares, or 24% of its share capital, in the form of GDRs to institutional investors.

"We see major opportunities coming into Qatar. This will increase our visibility and provide more liquidity to international investors seeking more exposure to Qatar's powerful economic growth story," Aamal's chief operating officer Mohamed Dobashi said.

source: ameinfo