The QE Index ended one percent higher Monday at 8,273.07 points as Qatari shares gained across the board. Shares of Qatar Telecom (Qtel) added 0.05% to finish at QR182.50. Qatar Telecom announced today that it has signed, via Wataniya Telecom, a 52.5% subsidiary of Qtel, an agreement with a consortium led by Princesse Holding of Tunisia to jointly acquire from Orascom Telecom Holding their 50% shareholding in Orascom Telecom Tunisie. Wataniya has an existing 50% shareholding in Tunisiana.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.