Friday 26 August 2016
 
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ownership

Saudi Arabia to transfer KAFD ownership to state wealth fund

Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District (KAFD) to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter. The

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Saudi Arabia to transfer KAFD ownership to state wealth fund

Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District (KAFD) to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter. The

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Saudi to ease foreign ownership limits for stocks

Saudi Arabia will loosen restrictions on foreign ownership in its stock market in order to improve the investment environment, the Capital Market Authority said on Tuesday. Each investor under Saudi Arabia's Qualified Foreign

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Bahrain offers boon for foreign logistics firms

Foreign companies will find it easier from now on to establish in Bahrain and pump investments in the logistics sector, a report said. Under new measures, non-Bahraini firms will enjoy 100 per cent ownership of packaging activitie

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Nakilat increases foreign ownership limit to 49pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, has announced its decision to increase its foreign ownership limit to 49 per cent, from the existing 25 per cent, a report said.

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Drake & Scull boosts GCC ownership limit to 100pc

Drake & Scull, a leading engineering and construction company based in Dubai, UAE, in a major move has increased the ownership limit for nationals from the Gulf region to 100 per cent from 49 per cent. The move was effective from Th

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Etisalat to permit foreign share ownership

Etisalat, the UAE's former telecoms monopoly, said on Monday restrictions on who could own its shares would be partly lifted, opening the Gulf state's largest stock to foreign and institutional ownership for the first time.

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UAE to allow 100pc foreign ownership of firms

The United Arab Emirates is at an advanced stage of drafting a foreign investment law to allow 100 per cent foreign ownership of businesses in some sectors, the country's economy minister said at a conference on Monday. Sultan

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UAE to allow 100pc foreign ownership of firms

The United Arab Emirates is at an advanced stage of drafting a foreign investment law to allow 100 per cent foreign ownership of businesses in some sectors, the country's economy minister said at a conference on Monday. Sultan

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QFC plans key changes to ownership rules

The regulatory authority of the Qatar Financial Centre (QFC) said it will start implementing key changes in its rules with regard to significant ownership positions in QFC-authorised firms. The move comes following the approval by

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