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Posted On: 15 April 2021 04:49 pm

Non-Qatari investors to be able to own 100% of listed companies' capital

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The Prime Minister and Minister of Interior H.E. Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the regular Cabinet meeting yesterday through video conferencing.

The Cabinet approved a draft law amending some provisions of Law No. (1) of 2019 regulating the investment of non-Qatari capital in economic activity.

The draft law includes the amendment of Article 7 of the law so that non-Qatari investors can own up to 100% of the capital of Qatari shareholding companies listed on the Qatar Stock Exchange.

The Cabinet approved the draft decision of the Minister of Finance to apply the requirements of substantial activity to the economic activities practiced in the State of Qatar.

Source: Qatar News Agency

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