Qatar lender CBQ foreign ownership limit upped to 25 pct | Reuters:
"Foreign investors can own from Sunday 25 percent of Commercial Bank of Qatar's shares, a statement from the stock exchange said, as the lender becomes the latest firm to loosen ownership restrictions prior to the country's MSCI upgrade.
Listed companies in both Qatar and the United Arab Emirates have been increasing foreign ownership caps with the aim of attracting more international capital when MSCI raises them to emerging market from frontier market status at the end of May.
The upgrade is expected to put the Gulf Arab states on the radar screens of international fund managers and bring billions of dollars of fresh money to the markets, with data showing the inflows of funds have already begun."
'via Blog this'
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