22.06.2009 - Qatar to float its $1bln stock exchange
From Independent: The Doha Securities Market, one of the Gulf's biggest stock market, valued at about $1bn (£600m), is looking to float within the next two to three years. A spokesman for Qatar Investment Authority, the sovereign fund that owns the exchange through Qatar Holding, confirmed on Friday night that a flotation is being considered but would give no details. DSM, which will change its name to Qatar Exchange today, will seek a primary listing in Doha as well as dual-listings in New York and Paris. Qatar Holding's other big investments include those in Barclays, Credit Suisse and J Sainsbury while the QIA has a big stake in the London Stock Exchange. ........Full Article: Source