5,000 foreign companies registered in Qatar in past three months: Sheikh Faisal

During the Bloomberg New Economy Forum in Delhi, Qatar's Minister of Commerce and Industry, Sheikh Faisal bin Thani, highlighted the role of the nation's strong economic fundamentals, business-friendly regulations, prudent fiscal policies, and infrastructure investments in attracting foreign companies. Over the past three months, over 5,000 foreign-owned companies have registered in Doha, demonstrating investor confidence amid global economic transformations.

Sheikh Faisal also emphasized the importance of addressing regional challenges, maintaining the flow of goods, and investing in strategic food reserves, which have increased by 40% since the crisis began. He stressed the significance of simplifying regulatory procedures and legislation to facilitate foreign ownership across most sectors.

As Chairman of the Companies House Advisory Council and Vice-Chairman and Managing Director of Doha Investment, Sheikh Faisal discussed the Council's role in facilitating registration, licensing, taxation, immigration, and labor services for foreign investors, as well as its support for private sector growth through clear regulatory frameworks for public-private partnerships.

He also highlighted opportunities for private sector participation in education, healthcare, and industry, alongside making non-strategic assets available to boost capital markets. The forum, themed "A World in Play: Defining the New Levers of Power," explored the impact of global shifts, technology, and supply chains on trade and investment, emphasizing Qatar's commitments to economic diversification in line with the National Vision 2030.