6.22 AM Saturday, 27 July 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:18 05:40 12:28 15:52 19:10 20:33
27 July 2024

Qatar's United Dev eyes more foreign share owners

Published
By Agencies

 

 

Qatar's United Development Co said it was considering allowing non-Qatari investors to hold up to 49 per cent of its shares, up from 25 per cent now.
 

United Development's board would discuss the proposal at a meeting on January 21, it said in a statement on the Doha bourse website on Sunday.


The firm invests in infrastructure, property, construction and energy sectors. (Reuters)