February 8, 2017

Qatar IT firm malomatia to list most of its shares by 2019 – CEO Reuters, Doha

Qatari information technology company malomatia plans to list most of its shares in an initial public offer by 2019, becoming the first IT firm to list in Qatar, its chief executive said on Tuesday.

"In the next two years the plan is to take it to an IPO. The shares will be floated on the stock market for citizens and there will be strategic shares for other investors," Yousef al- Naama told reporters.

"We are still discussing with the government the size of the listing but the majority will be listed."