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Business / Qatar Business

Edaa modifies foreigners’ ownership in Qatar Insurance Company

Published: 26 Sep 2023 - 08:19 am | Last Updated: 26 Sep 2023 - 08:19 am

QNA

Doha, Qatar: Edaa Company announced an amendment to the percentage of foreign ownership in Qatar Insurance Company.

Edaa said in a statement posted today on the website of Qatar Stock Exchange, that it had modified the foreigners’ ownership limit of Qatar Insurance Company to be 100% of the capital, which is equal to 3,266,101,330 shares.

Edaa is the licensed service provider under the Qatar Financial Market Authority that provides a range of essential services related to securities and financial instruments. The company’s core services include safekeeping, clearing, and settlement of securities and other financial instruments listed on the Qatar Exchange.