Qatar Exchange | Qatar National Bank | THE EGM OF QNB APPROVES THE INCREASE OF NON-QATARI OWNERSHIP LIMIT FROM 25% TO 49%

 

QNB Group announces the results of the Extraordinary General Assembly Meetings was held on Tuesday, 17 April 2018 and all proposed amendments to the Bank’s Articles of Association were duly approved.As part of QNB Group’s continued drive to enhance its status as a global financial institution, the shareholders have approved the increase of non-Qatari ownership limit from 25% to 49% and also approved the increase of single ownership limit from 2% to 5%, in accordance with the applicable laws and regulations.To View the Proposed Amendments to QNB’s Articles of Association, click hear

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,126.10 0.61 767,863,102
Dubai 4,232.94 0.03 325,821,692
Saudi 12,565.89 0.33 10,538,287,961
Kuwait 7,642.99 1.51 73,228,207
Qatar 9,943.61 0.14 468,363,576
Muscat 4,673.13 0.8 3,299,061
Bahrain 2,055.96 0.6 880,206
Egypt 27,559.35 2.36 1,817,550,644
Amman 2,457.97 0.56 3,690,622
Palestine 542.99 0.03 312,031

Commodities

Name Last update Closing Price Change %
Brent Mar-28 87.48 1.61
Natural Gas Mar-28 1.76 2.62
Gold Mar-28 2,238.40 1.16
Silver Mar-28 24.92 0.66
Platinum Mar-28 921.10 1.25
Nymex Light Mar-28 83.17 2.24

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 39,763.70 39,807.37 0.12
Nasdaq 16,446.80 16,379.46 0.12
S&P 500 5,248.03 5,254.35 0.11
Name Opening price Closing Price Change%
Frankfurt 18,477.40 18,492.49 0.08
Paris 8,216.77 8,205.81 0.01
London 7,931.98 7,952.62 0.26
Stockholm 969.74 963.34 0.81
Switzerland 11,732.83 11,730.43 0.21
Name Opening price Closing Price Change%
Shanghai 2,988.59 3,010.66 0.59
Hong Kong 16,378.40 16,541.42 0.91
Jakarta 7,289.22 7,288.81 0.29
Tokyo 40,324.42 40,168.07 1.46

Currency

Name Rate Last update
EURO/USD 1.079 Mar-28
GBP/USD 1.262 Mar-28
USD/JPY 151.390 Mar-28
USD/CHF 0.902 Mar-28