New draft law on foreign investment to boost economy:
"The new draft law on organising foreign investment aims to attract foreign capital by 100% in all economic and commercial activities and sectors, thus helping foreign capital inflow which will push forward the country's economic development. This was stated by HE the Minister of Economy and Commerce, Sheikh Ahmed bin Jassim bin Mohamed al-Thani. He said the draft law, approved by the Council of Ministers at its first regular meeting of 2018, has been implemented in accordance with the directives of His Highness the Emir Sheikh Tamim bin Hamad al-Thani. The minister stressed that the new law contributes to raising the index of confidence and investment security in the country, based on the strength of government spending to localise foreign investments, increase tax revenues, as well as protect foreign and local investors from the risks of side agreements, reduce trade concealment and raise Qatar's position in global economic indicators like the indicator of ease of doing business."
'via Blog this'
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