Published On: Mon, Jan 8th, 2018

Investors to Have Full Ownership of Businesses in Qatar

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Full Ownership of Businesses in Qatar

The biggest exporter of LNG and one of the largest economies among the Gulf States. Full ownership of businesses in Qatar has been allowed in many sectors to promote business and fetch revenue.

Saudi Arabia, Egypt, Bahrain, and UAE have accused Qatar of supporting terrorist outfits which it has outrightly denied. But due to this, Qatar is struggling with this crisis from last seven months. This has also affected its economic growth and also diplomatic ties.

The decrease in oil prices has also badly affected the balance sheet of oil-producing countries. Qatar’s bid to boost investment is also to tackle its widening deficit account.

Investment in the real estate and franchises is not allowed and investors will need permission for investment in insurance and banking sector. Otherwise, Full Ownership of Businesses in Qatar. At the moment investors are given permission only to have 49% stake in the company according to 2014, stock exchange law of Qatar.

Qatar’s cabinet has granted this approval in their recent meeting. And they have aimed to increase revenue, enhance the performance of economic variables and ensure the safety of all investors. But when this draft will be executed it is still not confirmed.

Qatar is also improving ties and enhancing business terms with its partners from outside the Gulf and has decided to increase production of gas for West African markets.

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- Business Graduate, Blogger Enthusiast, Article writing and Research.