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Posted On: 25 October 2023 02:35 pm
Updated On: 25 October 2023 02:46 pm

Non-Qatari investors may now own up to 100% of capital of Qatar National Cement Manufacturing Company

Fareeha Imtiaz
Fareeha Imtiaz
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Cabinet meeting that was held on 25 October 2023 the Council of Ministers shutterstock 209058313 min

At the Cabinet meeting that was held on 25 October 2023, the Council of Ministers approved for the non-Qatari investor to own up to 100% of the capital of Qatar National Cement Manufacturing Company.

Qatar National Cement Manufacturing Company is a Qatari public shareholding company listed on the stock exchange in accordance with the provisions of Article (7) of Law No. (1) of 2019 regulating non-Qatari capital investment in economic activity.

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Source: QNA
Cover image credit: Shutterstock