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Ezdan EGM approves raising non-Qataris ownership up to 49%

Ezdan EGM approves raising non-Qataris ownership up to 49%
Ezdan Holding
ERES
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The Ezdan Holding Group announced its extraordinary general assembly approved to raise the percentage of non-Qataris ownership up to 49% of the Group’s capital.

Raising the ownership proportion of non-Qataris from 25% to 49% is in line with the Qatar National Vision 2030 , said a bourse statement.

The statement pointed out that Ezdan has plans to launch a number of major real estate projects in Qatar over the next year, led by Ezdan Mall Al Wakra, where population grows increasingly.

Ezdan Holding Group owns more than 18,300 diverse real estate units, in Doha and other vital locations such as Al wakrah, which are run by Ezdan Real Estate Company.