Qatar: The Qatar Exchange Index closed even at 8,572.75 points. Shares of Gulf Warehousing Co. advanced 0.73% to reach QR41.30. Earlier in the day, the logistics firm said it reached an agreement with the Algerian Agency for real estate brokers to establish a logistics village project in North African country, which celebrates an economic comeback amid rising revenues from oil and gas exports. The total area of these sites almost 4.5 million cubic meters. Under the memorandum, Gulf Warehousing Company would own a 49% stake in the joint company's capital, which will be established after the signing of the final later, the firm said in a statement to the Qatari stock market. [AMEInfo.com]
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