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QEF strengthens Qatar's position as hub for dialogue: Minister
QEF strengthens Qatar's position as hub for dialogue: Minister

Qatar Tribune

time19-05-2025

  • Business
  • Qatar Tribune

QEF strengthens Qatar's position as hub for dialogue: Minister

QNA Doha Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal Al Thani said that Qatar Economic Forum, Powered by Bloomberg, which will launch its fifth edition on Tuesday, represents a key milestone in strengthening Qatar's position as a pivotal hub for global economic dialogue and a leading international platform for exchanging views on current economic issues and challenges and exploring prospects for growth and prosperity in an increasingly fast-changing global environment. The minister noted that the forum stands out for the participation of heads of state, government officials, business leaders, CEOs of major institutions, investors, academics, and entrepreneurs from around the world, reflecting its growing status on the international stage. He emphasised that the forum embodies one of the outcomes of Qatar's strategic orientation toward economic openness and the strengthening of global partnerships, driven by its firm belief in the importance of constructive dialogue to address global economic challenges and in adopting innovative solutions that contribute to building a more stable and sustainable economic future. He pointed out that this year's edition is significant due to its focus on several key themes that reflect the most pressing economic issues regionally and globally, which include geopolitics, globalization, and trade; energy security; technological developments; business and investment outlook; and sports and entertainment. These themes form an integrated framework that reflects the growing interconnectedness of politics, economy, technology, and culture in shaping the future of economic development, he explained. He added that by hosting this global event, Qatar reaffirms its ste adfast commitment to playing an active role in shaping the global economy, promoting multilateral dialogue, and providing an enabling environment for the exchange of innovative ideas, contributing to market stability and the stimulation of sustainable growth. His Excellency noted that, based on the wise directives of the country's leadership, the Ministry of Commerce and Industry is working to support these efforts by developing economic and trade policies, stimulating the business and investment environment, and enhancing the competitiveness of the national economy, all in alignment with the goals of Qatar National Vision 2030 and reinforcing the country's position as a global economic and investment hub. The minister concluded his statement to QNA by saying that they are certain that this edition of the Forum will mark a new milestone in the journey of international economic coordination and will contribute to drawing a more inclusive and adaptable roadmap to address current and future economic challenges, fulfilling the aspirations of people for development and prosperity.

Qatar Trade and Treasury Summit kicks off in Doha
Qatar Trade and Treasury Summit kicks off in Doha

Qatar Tribune

time07-05-2025

  • Business
  • Qatar Tribune

Qatar Trade and Treasury Summit kicks off in Doha

Tribune News Network Doha The Qatar Trade and Treasury Transformation Summit 2025, organised by Qatar Chamber and the International Chamber of Commerce Qatar (ICC Qatar), and co-organised by MERGE Events, will kick off today, at the InterContinental Doha, Qatar Chamber announced in a statement. The summit is held under the patronage of Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal Al Thani, alongside Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber. According to the statement, the summit brings together a distinguished line-up of international experts and speakers to explore the latest trends and insights into the trade and treasury sectors. Held for the first time in Qatar, the summit will focus on digital transformation in banking operations and its role in enhancing corporate treasury capabilities through innovative and intelligent cash and payment solutions. The event aims to foster innovation and accelerate digital development in Qatar, serving as a strategic platform to examine the latest developments in trade finance, treasury, and payment practices. It will feature seven panel discussions and a closing session, covering key topics such as the expansion of Qatar's trade capabilities, anti-money laundering measures, the future of trade finance, treasury management transformation, and innovations in cross-border payments.

Qatar's proposed bankruptcy and PPP law revamp to ‘unlock' FDI inflows: ICAEW
Qatar's proposed bankruptcy and PPP law revamp to ‘unlock' FDI inflows: ICAEW

Zawya

time20-03-2025

  • Business
  • Zawya

Qatar's proposed bankruptcy and PPP law revamp to ‘unlock' FDI inflows: ICAEW

Qatar - More than 4,000 investors will benefit from the reduced rental prices. The decision applies to Jery Al Samur Logistics Park, Small and Medium Industries Zone, Al Wakra Logistics Park, Aba Saleel Logistics Park, Mesaieed Industrial Zone, and Birkat Al Awamer Logistics Park. Doha's recent transformative strategies – including the revamp of bankruptcy laws and public private partnership (PPP) – will help 'unlock' stronger inflows of foreign direct investment (FDI), according to the Institute of Chartered Accountants of the England and Wales (ICAEW). 'The planned revamp of key laws governing bankruptcy and PPP will likely help unlock stronger FDI inflows in support of non-energy expansion,' the ICAEW said in its latest report. Highlighting that authorities continue to take steps to attract investment and broaden diversification; it said in the last month, the government unveiled a 50% discount on business rates in industrial, logistics and commercial zones, slashed start-up fees within the Qatar Financial Centre, and launched a Digital Skills Framework, all aligned with the National Development Strategy. The country plans to introduce three new laws as part of a sweeping review of legislation designed to make Qatar more attractive to foreign investors, the Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal al-Thani had said in an interview to Reuters news agency. The Ministry of Commerce and Industry (MoCI), in collaboration with the Qatari Economic Zones Company (Manateq), has reduced leasing rates up to 50% for five years in industrial, logistics, and commercial zones. More than 4,000 investors will benefit from the reduced rental prices. The decision applies to Jery Al Samur Logistics Park, Small and Medium Industries Zone, Al Wakra Logistics Park, Aba Saleel Logistics Park, Mesaieed Industrial Zone, and Birkat Al Awamer Logistics Park. The QFC has implemented a substantial reduction in the application fee for licensing an entity on its platform, dropping it from $5,000 to $500. The new fee structure applies to all applicants seeking a license to conduct non-regulated activities in the QFC, except for the activities of single family offices. The digital skills framework, developed by the Ministry of Communications and Information Technology, is designed to empower individuals and organisations with essential skills to support Qatar's digital transformation. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. ( Santhosh V. Perumal

Qatar-Oman trade exchange exceeded $1.8bln in 2024
Qatar-Oman trade exchange exceeded $1.8bln in 2024

Zawya

time30-01-2025

  • Business
  • Zawya

Qatar-Oman trade exchange exceeded $1.8bln in 2024

Doha, Qatar: Minister of Commerce and Industry, H E Sheikh Faisal bin Thani bin Faisal Al Thani and Minister of Commerce, Industry and Investment Promotion of the Sultanate of Oman, H E Qais bin Mohammed Al Yousef inaugurated yesterday, the Oman-Qatar Economic Forum, held in Muscat, on the sidelines of the visit of Amir H H Sheikh Tamim bin Hamad Al Thani to the Sultanate of Oman. The forum drew large participation from top businessmen, investors, and leaders of major Qatari and Omani companies in diverse industries. The forum aims to enhance trade, investment and industrial cooperation between the two countries and unlock new prospects for the Qatari and Omani private sectors to establish investment projects in the sectors of mutual interest. It is a pivotal step toward expanding cooperation and delivering new investment opportunities that help achieve economic and commercial benefits for both sides. In his opening speech, Sheikh Faisal bin Thani bin Faisal Al Thani stressed the depth of the relations between the State of Qatar and the Sultanate of Oman based on a shared history and close ties between the two peoples. He pointed out that the Qatar-Oman bilateral relations have witnessed significant development, thanks to mutual official visits and a shared willingness of both leaderships to advance bilateral cooperation and unlock new prospects for partnership and investment. He assessed that the forum represents a pivotal platform for enhancing dialogue between the public and private sectors in both countries, as it stimulates partnerships and mutual investments, noting that the volume of trade exchange between Qatar and Oman exceeded $1.8bn by the end of 2024. His Excellency urged businessmen and investors in the Sultanate of Oman to leverage the unique business and investment environment in the State of Qatar, and the promising opportunities in the key sectors designated under Qatar National Development Strategy. During the forum, the two parties highlighted the advantages of the business environment in both countries, and discussed pathways to enhance cooperation in various fields. The forum comprised several dialogue sessions under the titles: 'A Shared Future Vision for Industrial and Logistics Integration between Qatar and Oman', 'Tourism and Hospitality Towards Sustainability: Enhancing Tourism and Hospitality Prospects between Qatar and Oman', and 'Technology and Digital Services: Towards an Integrated Digital Economy between Qatar and Oman'. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (

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