H E Ali Shareef Al Emadi (second right), Minister of Finance and Chairman of the Board of Directors, QNB; Sheikh Abdullah bin Mohammed bin Saud Al Thani (centre), Vice Chairman, QNB; and Sheikh Hamad bin Jabor bin Jassim Al Thani, Board Member with other board members during QNB extraordinary general assembly meeting in Doha yesterday. The QNB Group shareholders have approved the recommendation to increase non-Qatari ownership limit/ foreign ownership limit (FOL) from 25 percent to 49 percent. The shareholders also approved the increase of single ownership limit from 2 percent to 5 percent, in accordance with the applicable laws and regulations. The Extraordinary General Assembly meeting approved all proposed amendments to the bank’s Articles of Association, QNB Group said in a statement.
