Following approval from the Shura Council, Qatar's Council of Ministers has decided to move forward with the process for enacting a new foreign investment law to replace the Foreign Capital Investment Law 13 of 2000. The first draft of the new law was first approved by the Council back in 2016 and provides for the removal of most restrictions on foreign ownership in Qatari companies. This includes possible 100% foreign ownership in most sectors (some subject to specific approval) and up to 49% foreign ownership in listed companies. The new law will also introduce new tax and non-tax incentives for...