Middle East Economic Survey
Foreigners To Own 25% Shares Of Qatari Companies
The Qatari Cabinet on 1 December approved a decision to give stock trading rights to foreigners. Proposed amendments to the law governing investment of foreign capital will permit foreigners and expatriates to trade the shares of Qatari companies listed on the Doha Securities Market (DSM) provided their ownership does not exceed 25% of the firms shares. The cabinet will ask...