Shaimaa Hefzy

Qatar Investment Holding Group, listed on the Doha Stock Exchange, is working with Rothschild & Co. to study a potential initial public offering (IPO) of its healthcare subsidiary, Apex Health, on the Qatari stock exchange, Bloomberg reported Wednesday, citing sources.

This comes as initial public offerings (IPOs) are recovering in the Gulf, particularly in Saudi Arabia, and this signals the return of IPOs to the Doha Stock Exchange, which has been stalled for several years.

Investment Holding Group is an investment group established in 2008 and operating in several sectors: healthcare, industry, contracting, projects, and services. The group operates through subsidiaries in Qatar and several other markets, including Saudi Arabia, Algeria, Kazakhstan, Libya, Syria, and Egypt, according to its official website and market data.

According to its official website and LinkedIn data, Apex Health works in the development and operation of healthcare facilities, and its portfolio currently includes 8 hospitals operating in 4 countries, including Iraq and Libya.

According to the agency, the subsidiary Apex Health's net profit for the past year was 592 million Qatari riyals ($162.6 million).

(Prepared by: Shaimaa Hefzy, for contact: zawya.arabic@lseg.com )

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