News

We prepare and provide the most relevant information on the (business) ecosystem and the most recent developments in the State of Qatar under News and on Facebook, Twitter, Instagram & Co. Please click on the link and reach out to our experts and specialists to discuss your story. It would be our pleasure to share it with others!

QC & MADLSA issue guide for labour re-employment platform

The Qatar Chamber (QC) in collaboration and cooperation with the Ministry of Administrative Development, Labour and Social Affairs (MADLSA) recently issued a guide for companies on the use of the Labour Re-Employment Platform.

On one side, the Labour Re-Employment Platform is for employees and their employers, who have laid them off, to register on the platform and...

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12/11/20

Announcing the launch of the in the game sports podcast website

Dear businessmen and women, colleagues, friends and followers!

We are pleased to announce the launch of www.inthegamesportspodcast.com - the website of In The Game.

In the Game is Qatar's first sports podcast. Launched with the intention of bringing athletes, fans and industry leaders together on a single platform it has motored from strength to strength....

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11/11/20

New plots at Manateq’s Birkat Al Awamer Logistics Park

The logistics parks in the State of Qatar, combined with expanding road networks, are changing the way goods are being moved in the country.

The Economic Zones Company - Manateq has launched new lease plots for investors at the Birkat Al Awamer Logistics Park forty kilometres from Doha, twenty minutes from Hamad Port and close to Al Majd Road.

The 9.4 million square metre park - one of five...

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10/11/20

Rebranding of Business Start Up Qatar

Dear businessmen and women, colleagues, friends and followers!

We are pleased to announce the re-branding of Business Start Up Qatar and the re-design and re-development of www.businessstartupqatar.com.

It is the next chapter in our journey to become a key stakeholder in the (business) ecosystem in the State of Qatar and to remain a central point of contact for creative individuals, entrepreneurial...

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09/11/20

QFC announces new representative office regulations

The Qatar Financial Centre (QFC) has announced new regulations for operating a representative office in the State of Qatar with object and purpose to attract more financial service providers to establish a presence to promote their products and services in the country.

Under the framework of the new regulations, financial institutions will be able to conduct various activities on behalf of the head...

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08/11/20

QDB has lent QAR 9 bn to SMEs

The portfolio of Qatar Development Bank (QDB) in terms of direct lending has reached QAR 9 bn. It has issued support guarantees to more than more than 3,500 companies as part of an program to balance the impact of Covid-19. QDB is committed to promote and support the start-ups and small/medium sized enterprises (SMEs).

It offers subsidised lending to businesses and projects in key sectors such...

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05/11/20

QBIC has incubated more than 180 start-ups until now

QBIC was founded in 2014 and has been investing heavily in start-ups and innovative ideas to diversify the energy-rich economy and to initiate the transformation into a knowledge-based society and a sustainable country.

In a short period of time, QBIC has had a lot of achievements with recognitions and a reputation in the State of Qatar and beyond. It has attracted more than 5,200 applications...

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03/11/20

Qatar to allow foreigners to own properties in more areas

The government of the State of Qatar recently announced that it will allow foreigners (including legal and natural persons or companies and individuals) to own real estate in more areas in the country in a bid to attract foreign investment to diversify the economy.

Qatari and non-Qatari citizens may own and use residential and non-residential properties in twenty-five areas (or in other words to...

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01/11/20

Qatar’s thriving FinTech scene gets global attention

The State of Qatar has identified the FinTech Industry as one of the key elements in the transition to a knowledge-based economy. The National FinTech Strategy created or developed by Qatar Central Bank (QCB) provides a framework for the local start-up sector and is part of an ecosystem to attract international FinTech’s to the country.

As a result and in order to stimulate the local start-up...

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21/10/20

General tax considerations on managing working capital

From a tax compliance perspective, tax authorities around the world have been quick to respond to the current crisis mainly through short term alleviating measures such as an extension of tax filing deadlines and deferral of tax payments which has allowed businesses to adjust to new ways of working.

However, organisations should also carefully consider the relief measures embedded in the local...

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20/10/20

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