Qatari Firm Rebuked Over Unauthorized Share Offering

A Qatari private joint stock company has come under scrutiny for violating commercial regulations by attempting to offer new shares for public subscription—an action explicitly prohibited under the country’s Commercial Companies Law.

On February 4, 2025, Al-Hadaf Company for Agricultural Development announced its plans through local newspapers and social media to increase its capital by offering new shares. However, as a private joint stock company, it is legally barred from such public offerings.

In response, Qatar’s Ministry of Commerce and Industry issued an official warning, citing breaches of Articles 205, 206, and 324 of the Commercial Companies Law. The ministry also reminded all private joint stock companies to adhere strictly to the legal framework governing corporate activities in the country.

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