DUBAI: Qatar Exchange has suspended trading in the shares of Islamic bank Masraf Al-Rayan until the lender discloses more information about the sale of its stake in a real estate company, the bourse said on Tuesday.
Masraf Al-Rayan, whose shares dominate local trading turnover, said on Sunday it had agreed to sell its 50 percent stake in Seef Lusail Real Estate Development Co. to the real estate arm of the Gulf state's sovereign wealth fund.
Qatar’s bourse suspends Masraf Al-Rayan shares
