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Qatari Council Approves Draft Foreign Investment Law

|Proposed Changes|Qatar
Qatar

According to recent reports, Qatar's Council of Ministers has approved a draft investment law intended to replace the Foreign Capital Investment Law 13 of 2000. Under the draft law, foreign investors will be allowed to invest up to 100% of the project capital in all economic sectors, as long as a Qatari national acts as a services agent. In addition, foreign investors will be allowed to own up to 49% of companies listed on the Qatari stock exchange, which may be increased with government appr…

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