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

Business / Qatar Business

Industries Qatar increases foreign ownership limit to 49%

Published: 15 Mar 2018 - 12:05 am | Last Updated: 11 Nov 2021 - 10:27 am

The Peninsula

DOHA: Industries Qatar (“IQ” or “the group”; QE: IQCD), one of the region’s industrial giants with interests in the production of a wide range of petrochemical, fertiliser and steel products, has announced the in-crease of the foreign ownership limit from 25 percent to 49 percent.
This decision comes in line with the vision of Qatar Exchange to enhance the Qatari stock market and develop its mechanisms to become a regional finan-cial center and capital market that attracts local and regional issuers and in-vestors.