Qatar Telecom

In Dubai, Emirates NBD fell 1.3 per cent to Dh11.7.Chairman Ahmed Humaid Al Tayer said the bank plans to enter

By (Bloomberg)

Published: Fri 27 Jun 2008, 9:45 AM

Last updated: Sun 5 Apr 2015, 1:13 PM

Turkey as part of an expansion strategy in the Middle East and the North Africa region, and may consider acquisitions there. The Abu Dhabi Securities Exchange General Index declined less than 0.1 per cent, while the Muscat Securities Market 30 Index fell 0.3 per cent. The Bahrain All Share Index gained less than 0.1 per cent. Saudi Arabia's market is closed for the weekend.

Qatar Telecom QSC added 1.8 per cent, its biggest gain since May 29, to 193.4 riyals. The Persian Gulf emirate's phone monopoly may spend 9.7 trillion rupiah ($1.05 billion) to increase its stake in Indonesia's PT Indosat to as high as 65 per cent as part of a mandatory offer for the company.

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