Nakilat’s extraordinary general meeting (EGM) last night agreed to increase the company’s non-Qatari ownership limit from 25% to 49%. The EGM also agreed that Qatari governmental institutions, not-for-profit organisations, governmental pension and investments funds can own a percentage of share capital up to 5% of the total shares of the company. The EGM held at the the Sharq Village Resort and Spa was presided over by company chairman, HE Dr Mohamed bin Saleh al-Sada, also the Minister for Energy and Industry.
