Qatar Electricity and Water Company (QEWC) is the first private sector company in the region, engaged in the generation of electricity and desalination of water. It was founded in 1990, as a Qatari shareholding company, in accordance with the provisions of the Commercial Companies Law, for the purpose of owning and operating power generation and water desalination stations and sell their products.
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About QEWC
The share capital of the company at incorporation amounted to QR 1 Billion divided into one hundred million shares of QR 10 per share. Based on the decision of the Extraordinary General Meeting of February 25, 2014, ten million bonus shares were distributed to shareholders at the rate of one share for every ten shares held. With this, the capital of the company became QR 1.1 Billion representing one hundred and ten million fully paid shares. The Government of the State of Qatar and its affiliated institutions hold