Lawyers Buoyed as Qatar Considers Relaxing Foreign Ownership Rules
International law firms anticipate new work streams as Qatar introduces a draft law that, if passed, could liberalize the market for foreign investors.
April 28, 2021 at 04:30 AM
4 minute read
Doha-based international law firms anticipate a new stream of work after the Qatari government issued a draft law mid-month indicating that the stock market, known as the Qatar Exchange (QE), could soon open to international investment.
Over $1 billion of foreign money could flow into local listed stocks if the measure was approved, according to local reports, as the Middle East state, with a local population of only around 200,000, looks forward to ongoing project work, an increase in gas production, and the FIFA World Cup 2022.
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