CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

CBQ foreign ownership limit upped to 25pc

Published: 14 Apr 2014 - 12:52 am | Last Updated: 27 Jan 2022 - 06:57 pm

DOHA: The ownership of foreign investors in Commercial Bank of Qatar (CBQ) has been limited to 25 percent of the total shares of the Bank, Qatar Exchange announced yesterday.
A statement issued by the bourse said the Qatar Central Securities Depository has amended its system in compliance with the decision of the Ministry of Economy and Commerce based on a resolution adopted at the EGM of CBQ to amend the relevant article regarding the foreign ownership limit. The Peninsula