Monday 18 June 2018
 
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foreign ownership

Woqod raises foreign ownership to 49pc

Qatar Fuel (Woqod) has increased the percentage of non-Qatari ownership to 49 per cent and also raised the maximum limit of individual ownership to 1 per cent of Woqod share capital. Chief executive officer of Qatar Fuel, Saad Ras

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QNB in bid to raise foreign ownership to 49pc

Qatar’s QNB Group intends to recommend to the Extraordinary General Assembly of the bank to approve increasing the percentage of non-Qatari ownership in the company’s capital to 49 per cent instead of 25 per cent. This

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Dubai Investments raises foreign ownership limit to 49pc

Dubai Investments (DI) , a leading, diversified investments company listed on the Dubai Financial Market(DFM), has raised foreign ownership limit in the company from the existing 35 per cent to 49 per cent.  A proposal to thi

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UAE group Arkan approves 49pc foreign ownership

UAE-based Arkan Building Materials Company said it has won approval from the board of directors to open up its share register to foreign ownership. A leading construction materials company, Arkan was established in 2005. It is 51

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Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long term impact on the kingdom’s property markets, according to leading inter

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Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long-term impact on the kingdom’s property markets, according to leading inter

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Bahrain Shura agrees 100pc expat ownership of firms

Bahrain’s Shura Council has unanimously approved a Royal decree, which amends the Companies Law and allows foreign organisations to have 100 per cent ownership of businesses, reported the Gulf Daily News, our sister publication.

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Dubai ‘a safe haven for high-net worth families’

Dubai, a first-class tourism destination and a world-leading financial services centre, is seen as a safe haven for wealthy high-net worth families and their investments from around the world, a report said. The Dubai Internationa

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Saudi bourse rules for foreigners by end-April

Saudi Arabia's market regulator will publish the final rules governing the opening of the kingdom's stock exchange to direct foreign investors by the end of April, a senior Saudi banker told Reuters. His comments correspon

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Qatar raises foreign ownership limit for stocks

Qatar's emir has issued a law providing for foreign investors to own up to 49 percent of listed Qatari companies, part of reforms to expand the stock market and develop the financial industry. "The law stipulates that non

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