Qtel's chief executive, Nasser Marafih has said the firm is looking for acquisitions in the Middle East and Asia, the Financial Times has reported. "We're still on the lookout for good acquisition opportunities ... Our view is that our vision is still very viable, and there are a lot of opportunities that will come up," Marafih told the newspaper. "Scale is important, and we think we will see more consolidation in the Middle East," he said.