The Qatar Chamber and the Qatar Financial Centre (QFC) have signed a Memorandum of Understanding (MoU) to strengthen private sector participation in sustainable development in Qatar through enhanced efforts to attract international investments, expertise, and technology.
The agreement was signed by Mr. Mansoor Rashid Al Khater, Chief Executive Officer of Qatar Financial Centre, and Mr. Ali Bu Sharbak Al Mansori, Acting General Manager of Qatar Chamber, in the presence of HE Sheikh Khalifa bin Jassim bin Mohammed Al-Thani, Chairman of Qatar Chamber.
The MoU sets out a framework for cooperation between the two sides in areas related to improving the business environment, facilitating investment procedures, and supporting the role of the private sector in national economic development.
It also focuses on strengthening coordination between the two institutions in line with Qatar National Vision 2030.
Mansoor Rashid Al Khater Chief Executive Officer Qatar Financial Centre
“This partnership with Qatar Chamber reflects our shared commitment to empowering the private sector and supporting the business community. Together, we aim to foster a more efficient and flexible environment for companies operating in the State of Qatar, further strengthening the country’s position as a leading regional hub for business and investment. This collaboration will also enhance the competitiveness of the national economy and support economic diversification efforts, in line with Qatar National Vision 2030.”
Ali Bu Sharbak Al Mansori stated that the MoU reflects ongoing coordination between the Qatar Chamber and QFC in supporting business activities and strengthening cooperation between public and private sector institutions.
Mr. Al Mansori added that the agreement is expected to improve services provided to businesses and support economic development initiatives.
Under the terms of the agreement, both parties will cooperate in organizing joint events, seminars, and business-focused initiatives, as well as exchanging information on areas of mutual interest.
The cooperation will also include coordination on facilitating foreign direct investment and supporting economic engagement with international partners.
The agreement also provides for companies registered under the Qatar Financial Centre to benefit from selected services provided by Qatar Chamber, including the issuance of certificates of origin and the certification of commercial documents in accordance with approved procedures.
On the sidelines of the signing ceremony, the Qatar Financial Centre delivered a presentation outlining its regulatory framework, services, and investment facilitation mechanisms.
The presentation also highlighted the incentives available to companies operating under the QFC platform and its role in supporting business activity in Qatar.
