Qtel shares slip as firms aims to buy remainig stake in Kuwait’s Wataniya

The QE 20 Index fell 0.41% Tuesday to 8,194.65, bringing its year-to-date performance down to minus 6.66%. Qatar Telecom or Qtel closed 1.10% lower at QR107.80. Earlier in the day, news channel Al Arabiya said that Qtel plans to buy the remaining share of 47.5 percent in Kuwait’s Wataniya Telecom. The majority in the telco provider Qtel bought in 2007.

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