Qatar has in recent times been doing a great job in opening its economy to the world and letting expatriates be a part of its growth story.
As part of reforms, a new draft law has been proposed to regulate investment of non-Qatari capital in the country’s economic activity.
The weekly Advisory Council meeting, chaired by Speaker HE Ahmed bin Abdullah bin Zaid Al Mahmoud, further discussed this draft law, according to Gulf Times.
The draft law comes within the framework of the State’s economic policy, which is aimed at encouraging investment and attracting foreign investment, the Speaker said, adding that it is expected to have a positive impact on the upward movement of the Qatari economy, according to The Peninsula.
After due discussion, the Council decided to refer the draft law to the Finance and Economic Affairs Committee to study it and submit a report to the Council.
The Advisory Council also reviewed a request for a general discussion on food security. Council members stressed the importance of this issue, especially in light of the unjust siege imposed on the country.
The members said Qatar has achieved self-sufficiency in many products such as vegetables, meat, dates, fish, dairy, poultry and eggs, reported Qatar Tribune.
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