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- Gulf Bank hosts AI workshop in collaboration with INJAZ to support & empower youth
- Salalah Free Zone attracts OMR187 million in investments during first half of 2025
- FSA unveils regulatory framework for Promising Companies Market
- Zain Bahrain launches exclusive club for premium customers
- Kamco Invest Saudi relocates to King Abdullah Financial District
- Work starts on Bahrain's first major utility-scale power plant
- SNB Capital leads $1.9bn rights issue for Acwa Power
- World Bank's IFC Approves Oman Polysilicon Project Loan
- Kuwait Signs Contracts for Al-Zour North Power Plant Project
- Egypt to Auction 550 Million Euros in One-year Euro-denominated T-bills
13/03/2018 05:34 AST
Qatar's QNB Group intends to recommend to the Extraordinary General Assembly of the bank to approve increasing the percentage of non-Qatari ownership in the company's capital to 49 per cent instead of 25 per cent.
This is in accordance with the applicable provisions of Law No. 9 of 2014 regulating the Investment of non-Qatari capital in the economic activity and subject to approval of the concerned regulators.
An Extraordinary General Assembly will be convened to present and approve the proposed amendment to QNB's Articles' of Association by adding an agenda item in respect of the above after securing the appropriate regulatory approvals of the proposed amendment.
QNB Group will disclose the date and venue of the Extraordinary General Assembly in due course, a statement said.
QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees exceeds 28,200 operating through more than 1,230 locations, with an ATM network of more than 4,300 machines.
Trade Arabia
11/08/2025
Long-term deflationary forces are set to dominate global trends, interrupted by brief inflation surges triggered by geopolitical and structural shocks, Qatar National Bank has warned.
In i
Arab News
04/08/2025
QNB Oman has announced that it is partnering with Oman Sail to deliver the upcoming Optimist Asian & Oceanian Championship 2025, to be held at the Oman Sail Sailing School in Muscat from 25 October t
The Peninsula
27/07/2025
Within its efforts to promote financial inclusion, QNB Group continues to attach importance to the elderly and people with special needs by developing facilities and products designed to improve thei
The Peninsula
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11/08/2025
As part of its ongoing commitment to supporting youth and equipping them with the tools of the future, Gulf Bank, in collaboration with INJAZ Kuwait, organized an interactive workshop on Artificial I
Kuwait Times
11/08/2025
Zain Bahrain, a leading telecom and technology provider in the Kingdom, is proud to announce the launch of 'Signature', an exclusive club for its premium customers.
Signature offers a range
Trade Arabia
11/08/2025
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced today (August 9) the relocation of its Saudi office to King Abdullah Financial District
Trade Arabia
11/08/2025
SNB Capital, a leading regional financial institution, said it has successfully completed the SAR7.1 billion ($1.9 billion) capital increase of Acwa Power, Saudi Arabia's leading developer, investor,
Trade Arabia
11/08/2025
Abu Dhabi National Oil Company for Distribution, the retail arm of the UAE's state energy giant, is accelerating its push into Saudi Arabia, with plans to open 160 new service stations by next year,
Gulfnews
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