Ooredoo said to be considering London listing

Ooredoo is reportedly mulling a secondary stock market listing in London to help diversify its investor base and improve the liquidity of its shares for existing investors.

Citing bankers familiar with the matter, the Gulf News reported that Ooredoo has sent out proposals for the stock market listing to banks.

"It’s becoming more interesting for a lot of people trying to raise money and diversify their investor bases," said one banker, who didn’t want to be named.

Ooredoo is 55 per cent-owned by the Qatar government.

Its shares are also hampered by being listed on the Doha stock exchange, which limits shareholder liquidity and can hinder expansion plans.