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Cabinet Nod to 100% Non-Qatari Ownership of Capital of Some Banks
02 Dec, 2021 08:00 AMGulf TimesIntended AudienceVisitor: Tourist, Business Owner
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News Details
HE the Prime Minister and Minister of Interior Sheikh Khalid bin Khalifa bin Abdulaziz Al-Thani chaired the Cabinet's regular meeting held at its seat at the Amiri Diwan, the Cabinet considered the topics on the agenda as follows:
The Cabinet approved a draft Cabinet resolution approving the non-Qatari investor's ownership of the capital of some banks, under the draft resolution, a non-Qatari investor may own up to 100 percent of the capital of the following banks:
- Qatar National Bank (QNB).
- Qatar Islamic Bank (QIB).
- Masraf Al Rayan.
- Commercial Bank.
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