November 21, 2024
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QATAR – Qatar Petroleum reduces stakes

Qatar Petroleum (QP) has reduced its stake in Industries Qatar (IQ) to 51 percent from 70 percent, transferring 104.5 million shares to another state-owned entity, General Retirement and Social Insurance Authority, which provides retirement benefits for the public and private sectors.   According to an IQ statement, the transfer of shares will not impact on QP’s […]
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