Qatar: Qatari retailer Al Meera Consumer Goods has said it will begin a rights issue at the end of January to double its paid-up capital, Reuters has reported. The firm said it will raise QR950m ($260.9m) from the offering of 10 million new shares between January 27 and February 10. As well as being a franchise for Geant in Qatar and Oman, Al Meera operates more than 20 supermarkets under its own banner in Qatar. [AMEInfo.com]
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