Wednesday 31 August 2016
 
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foreign ownership

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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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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Rakbank seeks to double foreign ownership limit

Shareholders of National Bank of Ras al-Khaimah (Rakbank) will meet on May 1 to decide whether to allow foreigners to hold up to 40 per cent of its shares, the lender said in a bourse statement on Monday. The bank, which is listed

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Deyaar approves 25pc foreign ownership

Shareholders of Dubai property developer Deyaar have approved a plan to allocate 25 per cent of its share capital to foreigners, the company said on Saturday. At present, investors in Gulf  countries can own up to 49 per cent

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Union Properties to lift foreign ownership cap

Dubai's Union Properties said on Monday that its board of directors had recommended increasing the cap on how much foreign investors can own in the developer to 25 percent. The firm did not say from what level it was raising t

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