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Qatar's business efficiency ranks fifth globally: MoCI
Qatar's business efficiency ranks fifth globally: MoCI

Qatar Tribune

time21-07-2025

  • Business
  • Qatar Tribune

Qatar's business efficiency ranks fifth globally: MoCI

Tribune News Network Doha Mohammed bin Hassan Al-Malki, Undersecretary of the Ministry of Commerce and Industry, chaired the second quarterly performance review meeting for 2025, in the presence of assistant undersecretaries and departmental directors. The meeting included a comprehensive review of the Ministry's key achievements in the second quarter, and an evaluation of overall performance in line with approved strategic plans. Among the notable accomplishments was the Ministry's winning of first place and the Golden Award in the National Cyber Drill 2024, organised by Qatar National Cyber Security Agency (NCSA) under the theme 'Zero Hour'. The reporting period also witnessed the launch of the national initiative for promoting local production and subsidising the supply of red meat during Eid Al-Adha. In parallel, the Ministry facilitated import procedures by lifting restrictions for specific commercial activities and launched the virtual assistant 'Saif'. The Ministry also launched a public-private partnership project aimed at developing the beaches of West Bay and Al-Safliya Island, and adopted the Unified Economic Coding System (ISIC 4) for economic activities. The meeting also assessed performance indicators across various sectors and administrative units. Indicators from the Industrial Affairs and Business Development Sector showed that the manufacturing sector's contribution to real GDP reached QAR 13.4 billion in the first quarter, an increase of 5.50 percent compared to the same period in 2024. On the international front, the State of Qatar ranked fifth globally in the Business Efficiency Index and, for the first time, joined the top ten in the Global Competitiveness Index by securing ninth place. National products recorded a growth rate of 7.17 percent in the second quarter of 2025 compared to the same period in 2024, with 70 new products added in the first half of the year. Additionally, 160 factories obtained local value certificates. In the first quarter of 2025, 228 factories participated in export activities, generating a total export value of QAR 1.39 billion. The second quarter also witnessed the establishment of 2,911 non-Qatari companies, representing an increase of 640 percent compared to the same quarter of 2024. The Ministry is currently reviewing nine public-private partnership projects, three of which were introduced in the second quarter. In the Commerce Affairs Sector, the number of new commercial registrations increased by 103 percent compared to the second quarter of 2024. A total of 5,777 main registrations and 851 branch registrations were issued, while active registrations rose by 15.66 percent. This growth was supported by Ministerial Decision No. (60) of 2024, which reduced fees for services offered by the Ministry, and by the launch of a service enabling company formation by foreign investors from abroad with minimal requirements (a valid passport copy). These initiatives accelerated the fulfillment of target performance levels for new registrations during the quarter. The number of active commercial licences rose by 2.04 percent compared to the same period of the previous year. Meanwhile, the time required to process commercial registration services, reserve trade names, and issue commercial licences for investors was notably reduced. On digital transformation, the Single Window platform was enhanced with five new electronic services in the second quarter, with 33 additional services scheduled for release later this year. The share of digital transactions conducted on the platform increased by 5.38 percent compared to the first quarter of 2025. In the Consumer Affairs Sector, the average number of specialised licences issued rose by 34.32 percent compared to the second quarter of 2024. This growth reflects the Ministry's ongoing efforts to reduce violations by intensifying inspection and awareness campaigns. Performance indicators revealed that 58,180 inspections were carried out in the second quarter, accounting for 62 percent of active commercial licences, and representing a 47 percent increase compared to the first quarter. The meeting also reviewed safety levels of strategic reserves for supply commodities and animal feed. In conclusion, the meeting discussed a range of issues and explored solutions to strengthen the implementation of plans, improve performance efficiency, and enhance the overall quality of the institutional performance.

MoCI signs strategic partnership programme with KIPO
MoCI signs strategic partnership programme with KIPO

Qatar Tribune

time06-07-2025

  • Business
  • Qatar Tribune

MoCI signs strategic partnership programme with KIPO

Tribune News Network Doha The Ministry of Commerce and Industry has signed a strategic partnership programme with the Korean Intellectual Property Office (KIPO), representing a significant milestone in the development of Qatar's National Intellectual Property Strategy and the enhancement of institutional and human capacities in this key domain. The agreement was signed by Mohammed bin Hassan Al-Malki, Undersecretary of the Ministry of Commerce and Industry, and Wan Ki Kim, Commissioner of the Korean Intellectual Property Office. The partnership stems from the Memorandum of Understanding on Intellectual Property signed between the State of Qatar and the Republic of Korea on 15 June 2023 in Seoul. The memo laid the groundwork for comprehensive bilateral cooperation in the field of intellectual property, and the newly signed programme represents a concrete step forward in its implementation. The programme is designed to support the formulation of an integrated national strategy for intellectual property in the State of Qatar. It also aims to implement a range of advanced initiatives to strengthen both institutional structures and human capital, thereby contributing to the country's shift towards an innovation-driven economy and supporting the evolution of legal and regulatory frameworks. Under the programme, both parties will collaborate in several priority areas. These include the development of human resources in Qatar's intellectual property ecosystem, benchmarking local practices against global standards, and conducting stakeholder consultations to identify the most suitable intellectual property systems for national needs. The programme will also facilitate the transfer of knowledge and expertise from the Korean side, with a focus on building the technical competencies of Qatari professionals working in this vital field. The Ministry and KIPO will jointly monitor and assess the progress of the programme to ensure the achievement of its objectives and to deepen cooperation between the two countries in the domain of intellectual property.

Qatar's undersecretary advocates for robust industrial alliances at Abu Dhabi event
Qatar's undersecretary advocates for robust industrial alliances at Abu Dhabi event

Qatar Tribune

time20-05-2025

  • Business
  • Qatar Tribune

Qatar's undersecretary advocates for robust industrial alliances at Abu Dhabi event

QNA Doha Mohammed bin Hassan Al-Malki, Undersecretary of the Ministry of Commerce and Industry, took part in the 'Make it in the Emirates' Forum, held in Abu Dhabi on 19-22 May 2025. During the forum, he highlighted the State of Qatar's efforts to foster partnerships and advance sustainable industrial integration regionwide. Speaking at a panel discussion titled 'Integrating Transnational Supply Chains: International Industrial Alliances and Partnerships,' Al-Malki emphasised that Qatar's national manufacturing strategy 2024-2030 aligns closely with the UAE's vision of enhancing regional industrial cooperation. He commended the rollout of the 'Industrial Partnership for Sustainable Economic Development' from Abu Dhabi in 2022, considering it a pivotal platform for advancing collaborative industrial growth and regional economic integration. The Industrial Partnership initially brought together the UAE, Jordan, Egypt, Bahrain, and Morocco. It has since expanded to include Qatar and Turkey as of early 2025, creating a cooperative framework to foster industrial integration among member states and support the development of a resilient, innovation-driven, and sustainable economy. He underscored the collective industrial capabilities of the member states as a lever to address global challenges and achieve regional leadership in supply chain management and advanced manufacturing. Al-Malki noted that 'Make it in the Emirates' is more than a platform for showcasing national capacities; but a catalyst for forging strategic industrial partnerships, driving innovation, and building a resilient infrastructure that serves the aspirations of future generations. He highlighted two strategic partnership initiatives, initiated under the Industrial Partnership, that embody the spirit of collaboration between member states: The partnership between Qatar's MedGulf and the UAE's Future Pipe Company for the supply of 28,000 meters of fiberglass piping – scheduled for completion in January 2026. The long-term agreement between Qatar Steel and Bahrain Steel, valued at USD 1.266 billion, to supply five million metric tons of raw materials over five years, aimed to enhance supply chain integration and ensure a seamless industrial production across the region. He also underscored the Qatar National Manufacturing Strategy 2024–2030, which aims to develop a resilient, diverse, and future-ready industrial sector.

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