The Dubai Financial Market announced that today, Tuesday, the maximum limits for the percentage of ownership allowed in the “Amanat Holding” company were changed, so that foreigners were allowed to own 100% of the company’s shares, according to a disclosure to the stock exchange.
The company had recently announced that it had received all the necessary approvals from the Securities Commission and the competent authorities to raise the percentage of foreign ownership in its shares from 49% to 100%.