GulfBase Live Support
19/04/2015 16:34 AST
The Board of Directors of Qatar General Insurance and Reinsurance Co has agreed in their meeting held on April18, 2015 the Terms Sheet proposed by Qatar National Bank for funding Mozoon Real Estate an amount of QR 2,550 million, and authorize the Chairman to sign on behalf of the Company the necessary documentation to complete the facility agreement.
Mozoon Real Estate is a subsidiary company of Qatar General Holding Company, a wholly owned subsidiary of "Qatar General Insurance & Reinsurance Company".
It was established in the year 2009 by "Qatar General Holding Company" and "Al-Sari Trading Company", as each one owns 50% of the company''''s capital. The purpose of this company is to develop the plot of land located in the Doha City- Al-Dafnah area which is owned equally by "Qatar General Insurance & Reinsurance Company" and "Al-Sari Trading Company".
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Qatar General Insurance and Reinsurance Company (QGIRCO), which is developing a huge real estate project in Algeria, is expecting it to be completed by the end of this year.
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The ordinary and extraordinary general assembly meetings of Qatar General Insurance & Reinsurance Company (QGIRCO) were held at the Marriott Hotel in Doha yesterday. Qatar General Insurance & Reinsur
Gulf Times
23/04/2015
Foreign shareholders can now hold up to 49% in Qatar General and Reinsurance Company.
The Qatar Central Securities Depository (QCSD) has amended the foreign ownership limit (FOL) in the sh
Gulf Times
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TAWUNIYA | 137.00 | 0.40 (0.29 |
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