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Business and Finance

Cabinet Approves of Increasing Non-Qatari Investors' Ownership Percentage up to 100% in 6 Companies Listed on Stock Exchange

13 Oct, 2022 07:30 AMQatar News Agency (QNA)Intended Audience
Visitor: Business Owner

News Details

In its regular meeting held yesterday at the Amiri Diwan, the Cabinet, chaired by HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani, Prime Minister and Minister of Interior, approved increasing the non-Qatari investors' ownership percentage in the capital of some joint stock companies listed on the stock exchange.

Under this decision, a non-Qatari investor may own up to 100 percent of the capital of the following companies:

1- Aamal Company, a Qatari public shareholding company
2- Industries Qatar, a Qatari public shareholding company
3- Qatar Aluminum Manufacturing Company (QAMCO), a Qatari public shareholding company
4- Gulf International Services Company, a Qatari public shareholding company
5- Mesaieed Petrochemical Holding Company, a Qatari public shareholding company
6- Barwa Group, a Qatari public shareholding company

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