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Posted On: 17 May 2023 05:08 pm
Updated On: 17 May 2023 05:26 pm

Non-Qatari investors may now own 100% capital of select shareholding companies listed on Qatar Stock Exchange

Cassandra Pallagud
Cassandra Pallagud
Content Writer
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Non qatari investors own 100 capital shareholding companies stock exchange

During the Cabinet Meeting held on 17 May 2023 at Amiri Diwan, the decision to increase the non-Qatari investors' ownership percentages for some companies listed on Qatar Stock Exchange was approved.

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

  1. Qatar Industrial Manufacturing Company (QIMC)
  2. Qatar Insurance Company
  3. Gulf Warehousing Company
  4. Qatar Navigation Company “Milaha”
  5. Doha Insurance Group

Source: Qatar News Agency
Cover image credit: Shutterstock (for representation purposes only)