DOHA: The Oxford Business Group (OBG), the global publishing and research firm, in its forthcoming study, ‘The Report: Qatar 2014’, (10th edition), to be published soon, has announced to explore and analyse the changes Qatar is introducing to its legal and regulatory framework, as part of diversification efforts progressing under the new leadership, said a press statement.
The report, highlighting the economic intelligence of the major sectors of the Qatari economy, will provide key analysis of the new Commercial Companies Law (CCL), issued by the Ministry of Economy and Trade, and its implications for the global investment community. The publication will also chart the setting up of the Economic Zones Corporation, which should help drive Qatar’s bid to increase private sector growth.
OBG has signed a Memorandum of Understanding (MoU) on research facilities for the first time with the law firm, Al Misnad & Rifaat, for the report on the country. Under the MoU, OBG will have access to the firm’s expertise and research resources which will be used to compile the Law Chapter of The Report: Qatar 2014.
OBG’s Regional Editor Oliver Cornock said he expected the Group’s forthcoming report to provide in-depth updates on the country’s major capital works projects which are gathering pace.
“Qatar’s extensive infrastructure developments have a key role to play in attracting investors to the country and supporting the government’s bid to diversify sources of growth, while maintaining fiscal stability,” he said. “The legal implications of increasing the private sector’s part in the economy are considerable, and I welcome Al Misnad & Rifaat’s input as we begin researching this and other important issues for our forthcoming report.”
Khalifa Al Misnad, Founding Partner, Al Misnad & Rifaat, added that the range of initiatives Qatar was offering to support entrepreneurial ventures would also be given wide-ranging coverage. “Small and medium-sized businesses are earmarked for a key role in helping Qatar diversify its economy away from hydrocarbons and boost the private sector’s contribution to GDP,” he said. “The government’s bid to encourage business growth as part of its broader economic strategy will be of interest to investors across the globe. I am thrilled to be working with OBG on their forthcoming report and ensuring companies looking to establish a presence in Qatar are given the information they need on the country’s changing legislative framework.”
The reportwill be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments.
The Peninsula
