13
Mar
12:00
Industries Qatar allows for greater foreign ownership
Qatar Steel owner Industries Qatar (IQ) has increased its foreign ownership limit to 49% from 25%, in line with the Qatar Stock Exchange’s aim to become a regional financial centre.
The move is, however, unlikely to see a foreign company acquire a greater shareholding and therefore more say in the running of Qatar Steel anytime soon. The largest foreign shareholder is US-based investment advisor The Vanguard Group with a 0.85% stake. The Qatari government …
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Anonymous
Very good overview of the weekly steel market.
Anonymous