Minister of State for Financial Affairs:
- Having reviewed the Constitution,
- Federal Law No. 1 of 1972 on the Competencies of Ministries and Powers of the Ministers, and its amendments,
- Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, and its amendments,
- Cabinet Decision No. 34 of 2025 on Qualifying Investment Funds and Qualifying Limited Partnerships for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses,
Has decided:
Words and expressions in this Decision shall have the meanings specified in Cabinet Decision No. 34 of 2025 referred to above, unless the context otherwise requires.
The minimum percentage of shares that must be floated on a Recognised Stock Exchange for a Real Estate Investment Trust whose shares are listed for the first time on a Recognised Stock Exchange during the period from 1 May 2025 to 31 May 2025 shall be 10% (ten percent), instead of the perc...