Doha: The Board of Directors of Al Faleh Educational Holding has announced its decision to recommend an amendment to Article (21) of the Company's Articles of Association to the Extraordinary General Assembly. This amendment aims to increase the maximum foreign ownership limit from 49% to 100% of the Company's share capital.

According to Qatar News Agency, this proposal was made public through a statement on the Qatar Stock Exchange (QSE) website on Thursday. The decision aligns with Qatar's Foreign Investment Law and is part of Al Faleh Educational Holding's strategy to attract more investment, enhance market liquidity, and expand its shareholder base.

The Board of Directors will call for an Extraordinary General Assembly to seek approval from the shareholders. Once approved, the Company will advance to secure the necessary endorsements from relevant regulatory bodies and the Council of Ministers.