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Reuters
Today, Wednesday, the Qatari cabinet approved an increase in the percentage of non-Qatari ownership in the capital of a number of banks in Qatar.
The board of directors decided to increase the percentage of non-Qatari ownership in the capital of each of the Qatar National Bank, Qatar Islamic Bank, Commercial Bank and Masraf Al Rayan groups to reach 100%.
The decision was based on the provisions of Article (7) of Law No. (1) of 2019 regulating the investment of non-Qatari capital in economic activity.
Source: Qatar News Agency
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