Edaa Company announced an amendment to the percentage of foreign ownership in Qatar Insurance Company.
Edaa said in a statement posted today on the website of Qatar Stock Exchange, that it had modified the foreigners’ ownership limit of Qatar Insurance Company to be 100% of the capital, which is equal to 3,266,101,330 shares.
Edaa is the licensed service provider under the Qatar Financial Market Authority that provides a range of essential services related to securities and financial instruments. The company’s core services include safekeeping, clearing, and settlement of securities and other financial instruments listed on the Qatar Exchange.
Source: Qatar News Agency