QATAR

In a bid intended to attract more inward investment Qatar on 5 August issued a law formally raising the limit of foreign ownership in firms listed on the Qatar Exchange to 49% from 25%. Qatar first announced its intention to raise the limit in May. 

The new law stipulates “non-Qatari investors are allowed to own no more than 49% of the shares of Qatari shareholding companies listed on the Qatar Exchange.” The law says that listed companies should seek approval from...