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Financial PerformanceQatar Electricity & Water Company

Financial PerformanceQatar Electricity & Water Company latest

Al Bawaba
October 21st, 2007 - 02:05 GMT

Global values the company’s stock at an intrinsic value of QR96.4 per share. And revises its recommendation on the stock from “BUY” to “HOLD”.

QEWC is setting up 45 MIGD water desalination project at a cost of US$577mn (QR2.1bn). The project will be commissioned in 2nd quarter of 2009 and is
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