Cabinet nod for increasing percentage of non-Qatari investor ownership in some banks, companies

The Cabinet on Wednesday approved increasing the percentage of non-Qatari investor ownership in the capital of some banks and joint stock companies listed on the stock exchange, based on a proposal of HE the Minister of Commerce and Industry, Qatar News Agency reported.Under this decision, a non-Qatari investor may own up to 100% of the capital of the following banks and companies: Qatar International Islamic Bank, Doha Bank, Medical Care Company, Qatar Gas Transport Company Limited (Nakilat), and Qatar Fuel (Woqod).