Doha: Qatari newspapers highlighted several topics in their editorials Thursday, notably the State of Qatar's status as a global hub for safe, transparent, and reliable investment. This follows recent legal and regulatory reforms and economic facilitation measures that have made Qatar an attractive environment for global investments. The newspapers also emphasized the State of Qatar's role in contributing to the Sustainable Development Goals at local, regional, and international levels. This includes effective support in tackling humanitarian and economic challenges, in solidarity with global efforts to promote security, peace, and dignified human life. Al-Raya newspaper said that HE Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani issued a ministerial decision to reduce the Ministry's service fees for the commercial, industrial, business development, and consumer protection sectors, down by up to 90 percent on some services, with the aim of supporting Qatar's economic growth, encouraging national and foreign projects, and creating an attractive commercial environment for investment in the country. The paper noted HE Minister of Commerce and Industry's affirmation that the reductions aims to enhance the investment environment, achieve sustainable economic growth and develop the business environment in pursuit of the Qatar National Vision 2030. The newspaper considered the State of Qatar's investment climate highly encouraging due to pioneering initiatives and the quality and quantity of services provided to investors. These initiatives facilitate investment procedures, company establishment and transaction completion. The State of Qatar, the paper said, has adopted progressive policies and financial reforms to encourage investment, positively impacting the national economy's strength. Qatar continues to advance confidently towards achieving its National Vision 2030, establishing a strong developmental foundation that solidifies its position as a key economic, commercial, and inv estment entity globally, especially since Qatar ranks among the top international destinations for foreign direct investment. In conclusion, Al-Raya underlined that Qatar's economy is growing according to a comprehensive roadmap, primarily focusing on human as the real capital and a source of strength to achieve the State's national vision. Meanwhile, Al-Arab daily highlighted the new step to support the economic growth and create an attractive investment environment, noting that HE Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani issued a ministerial decision to reduce the Ministry's service fees for the commercial, industrial, business development, and consumer protection sectors, down by up to 90 percent on some services. The newspaper pointed out that the decision comes within the Ministry's strategy to enhance the investment environment and develop the commercial, industrial, and business development sectors in Qatar, in line with the goals of the Third National Developm ent Strategy 2024-2030, of achieving sustainable economic growth, economic diversification, and developing the business environment in pursuit of the Qatar National Vision 2030. Al-Arab affirmed in conclusion that the decision will support economic growth in the country, encourage national and foreign projects, and create a business environment attractive to investment. It will also support national projects and entrepreneurs, both individuals and companies, significantly enable investors to access quality services at reduced fees, enhance competitiveness, support new projects, and encourage investors to expand their operations and innovate in diverse projects. Source: Qatar News Agency
Menu