Article 7

A QFC Company that is not wholly owned, directly or indiectly, by one or more Qatari Persons:

(1) is eligible to own, or have a usufruct in, Real Estate located within the Designated Areas; and
(2) must not own, or have a usufruct in, Real Estate located outside the Designated Areas, unless otherwise permitted by a law of the State.
Inserted (as from 6th July 2021).