Qatar MOCI mandates online price registration for commercial, industrial establishments

Qatar MOCI mandates online price registration- GCC Business News
Rep. Image Credits: evening_tao@Freepik | Cropped by GBN
By Desk Reporter, GCC Business News

The Qatar’s Ministry of Commerce and Industry (MOCI) has issued a circular compelling operators of commercial, industrial, and public establishments to record the prices of commodities and services on the ministry’s website through online services.

The initiative is part of MOCI’s ongoing efforts to enhance the business environment, ensure transparent and fair pricing practices in the domestic market, and protect consumer rights while promoting competitiveness and accountability among businesses.

The circular aims to enable operators to easily record and update price data through the ministry’s official website, ensuring a smooth and accessible process for all commercial, industrial, and public establishments. According to MOCI, this measure will contribute to the creation of a comprehensive, accurate, and up-to-date national database of commodity and service prices.

The initiative also supports government efforts to monitor market trends, enhance consumer protection, and promote fair competition while strengthening price transparency across all sectors of Qatar’s economy.

This procedure supports digital transformation efforts and enhances the mechanisms for monitoring prices in the domestic market, fostering transaction transparency while maintaining a balance between the interests of businesses and consumers.

In addition, MOCI stressed the importance of accuracy in the data submitted during the registration process, in accordance with the provisions of Law No. 12 of 1972 regarding compulsory pricing and profit margin regulations and their amendments, particularly Articles (1), (6), (9), and (10), which govern suppliers’ obligations in alignment with the law and its executive regulations.

The ministry will continue to coordinate with operators of commercial activities to streamline the registration process and ensure enforcement of the relevant measures, in pursuit of stabilizing the market and safeguarding consumers’ rights.

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