Qatar sees 13.4% growth in registration of new companies: QC - The Peninsula Qatar

Qatar sees 13.4% growth in registration of new companies: QC - The Peninsula Qatar:

"The country witnessed the registration of over 14,639 new companies during the year 2017, an 13.4 percent increase compared to the registration of 12,910 companies in 2016, Qatar Chamber’s Chairman Sheikh Khalifa bin Jassem Al Thani said yesterday. Over 34,848 companies had renewed the commercial registration last year. The Chamber chairman noted that the total number of companies registered in the chamber reached 76,666 compared to 59,926 in 2016 recording an increase of 28 percent. Sheikh Khalifa pointed out that 32 foreign companies had entered to the Qatari market for the first time last year, noting that 27 of them were registered during the post-blockade period. He said that the number of companies established after the siege reached 7,335 which affirmed that it had no impact on Qatar’s investment environment. During the past year, the Chamber organised about 200 different events, received 52 international trade delegations, conducted 14 overseas visits for the Qatari businessmen to a number of countries, as well as organized and participated in 14 trade fairs, Sheikh Khalifa added. Since the first day of the siege, the chamber played a key role in combating its affects. It held meetings with concerned authorities and businessmen to ensure the flow of commodities goods which were covered by alternative countries without any impact on consumers."



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