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Posted On: 12 October 2022 03:28 pm
Updated On: 12 October 2022 03:52 pm

Non-Qatari investors may now own 100% of the capital of select companies listed on the stock exchange

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

During the Cabinet Meeting held on 12 October 2022 at Amiri Diwan, the decision to increase the non-Qatari investor's ownership percentage in the capital of some joint stock companies listed on the stock exchange was approved.

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

  1. Aamal Company
  2. Industries Qatar Company
  3. Qatar Aluminum Manufacturing Company (QAMCO)
  4. Gulf International Services Company
  5. Mesaieed Petrochemical Holding Company
  6. Barwa Real Estate Company

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