DOHA: The Qatar Exchange was pursued its upswing trend Wednesday down 25.61 points or 0.30% to 8,465.71 points from the previous closing of 8,491.32 .
The volume of shares traded was up to 14,588,390 from 8,867,404 Tuesday and the value of shares increased to QR 397,705,695.81from QR 302,676,331.54 on Tuesday.
Top gainers were Nakilat which was down 0.49% to QR 16.12 , Barwa gain 0.76% to QR 26.45, Rayan increase 0.19% to QR 26.85 and Vodafone Qatar lost by1.00% to QR 8.89 .
Today the Qatar Banking and Financial sector up 0.73 points while the Qatar industrial sector lost 12.01 points and the Services sector down 29.45 points. (QNA)
DOHA: Mannai Corporation announced that they had informed Qatar Investment and Projects Development Company (QIPCO) WLL that it will not be possible to conclude the acquisition of Black Cat Engineering and Construction Company WLL within the agreed timetable.
The QIPCO Board has accordingly indicated in the circumstances its preference to withdraw from the transaction and this has been mutually agreed with the Mannai Corporation Board, according to a statement published on the (Qatar Exchange) website.
Mannai Group was founded in 1951. It became a Public Company and its shares were listed on the Qatar Exchange in 2007.
Mannai Corporation offers the broadest range of products and services of all private sector companies in Qatar, with businesses spanning the oil and gas sector, automotive distribution, information and communication technology, consumer products, travel services, logistics and representation and others.
Since its establishment in 1981, the Black Cat Engineering and Construction Company have evolved into one of the leading EPIC and Maintenance Contractors for the Oil and Gas Industry in Qatar. (QNA)
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