Albadi Group to list shares within two years, chairman says
Muscat-based Albadi Group is seeking to list its shares on the Muscat Securities Market, Founder Chairman Ali Albadi told Zawya in an interview.
ZAWYA
December 12, 2011
12 December 2011 Muscat-based Albadi Group is seeking to list its shares on the Muscat Securities Market, Founder Chairman Ali Albadi told Zawya in an interview.
"The market is too unstable at this time and most stock exchanges are suffering a marked decline. This has led to a recession in the IPO market," Albadi said. "But we are looking at a listing sometime during the next two years, once the opportunities are suitable," the chairman said.
