QATAR FACILITATES INVESTMENT PROCEDURES TO BOOST BUSINESS SECTOR

Qatar will reduce procedures, for investors to boost their business sector, it was reported on Sunday.

The decision was announced by the Ministry of Economy and Commerce, following the ministerial decision this year, on regulations and procedures for licensing the opening of commercial representative offices.

The move aims to provide an attractive investment environment, for various economic and commercial projects, said the report.

The decision will offer a 30-day deadline, for the authorities concerned, to decide on the request for opening a representative office.

Appeal could be filed within 30 days, if the request is rejected.

Despite the siege imposed on Qatar since Jun 5, by its gulf allies, Qatar is trying to facilitate all procedures for foreign investments to support its economy.

Source: NAM News Network