CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Cabinet approves increasing non-Qatari ownership in some banks and companies

Published: 22 Jun 2022 - 04:30 pm | Last Updated: 22 Jun 2022 - 04:32 pm
Peninsula

QNA

Doha: The Prime Minister and Minister of Interior H E Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the Cabinet meeting held at Amiri Diwan today.
During the meeting, the cabinet approved increasing the percentage of non-Qatari investor ownership in the capital of some banks and companies listed on the stock exchange based on the proposal of the Minister of Commerce and Industry.
Under this decision, a non-Qatari investor may own up to 100% of the capital of the following banks and companies:
1- Qatar International Islamic Bank
2- Doha Bank
3- Medicare Group 
4- Qatar Gas Transport Company Limited (Nakilat)
5- Qatar Fuel Company (Woqod)