Latest news with #QNAKuwaitQatar
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
Qatar, Kuwait sign deal to avoid double taxation
QNA Kuwait Qatar, represented by the Ministry of Finance, and Kuwait, represented by the Ministry of Finance, signed on Sunday an agreement on the avoidance of double taxation on income and the prevention of tax evasion and avoidance. The agreement was signed by Minister of Finance HE Ali bin Ahmed Al Kuwari, representing the Qatari side, and Minister of Finance and Minister of State for Economic Affairs and Investment of the State of Kuwait Engineer Noura Sulaiman Al Fozan, representing the Kuwaiti side. On this occasion, Al Kuwari emphasised the importance and effectiveness of the agreement, stating: 'This agreement will contribute to supporting international standards of transparency through the exchange of verified financial information, as part of both countries' commitment to strengthening coordination and cooperation in tax matters and economic relations.' The agreement aims to establish a legal framework for tax treaties between the two countries to eliminate all instances of double taxation. It also seeks to enhance commercial cooperation, broaden investment opportunities for government entities and individuals, combat tax evasion, and support neutrality and fairness in the treatment of taxpayers.
Qatar Tribune
15-05-2025
- Politics
- Qatar Tribune
Qatar participates in 28th meeting of GCC municipal affairs ministers
QNA Kuwait Qatar participated on Thursday in the 28th ministerial meeting of Their Excellencies GCC Ministers of Municipal Affairs, hosted by the State of Kuwait. Minister of Municipality HE Abdullah bin Hamad bin Abdullah Al Attiyah represented the State of Qatar at the meeting. The meeting comes within the framework of strengthening joint Gulf action in municipal areas, intensifying efforts to advance urban development, and achieving integration in relevant legislation and regulations among GCC states. The ministers discussed a number of significant topics, especially improving the urban environment, implementing the unified Gulf building code, and developing municipal oversight mechanisms. They also discussed the conditions and mechanisms for classifying contractors in the Gulf states. The meeting also discussed the joint gulf municipal action plan for 2024-2030, including specific initiatives in the areas of strategic urban planning, sustainable urban development, and improving the quality of municipal services. In addition, the meeting discussed the 6th GCC Municipal Work Award, joint training programs and workshops, and ways to highlight the efforts of Gulf municipal work in regional and international forums. The ministers also addressed the importance of signing cooperation agreements with specialized international and regional organizations, with the aim of supporting and developing municipal work and benefiting from the best international experiences and practices. Qatar's participation in this meeting reflects its continued commitment to strengthening the Gulf integration process in municipal areas and contributing to the development of an integrated urban environment that achieves sustainable development goals and enhances the quality of life in Gulf cities.
