Qatar Chamber committed to improving business environment and overcoming obstacles, says Sheikh Khalifa bin Jassim

Sunday May 19, 2023

The Qatar Chamber held on Sunday its second General Assembly Meeting (GAM), which was presided over by its Chairman, HE Sheikh Khalifa bin Jassim Al Thani.  The meeting was attended by First Vice-Chairman HE Mohamed bin Twar Al Kuwari, Second Vice-Chairman HE Rashid bin Hamad Al Athba, all board members, and numerous businessmen and Chamber members.

The meeting’s agenda featured the review of the Board of Directors’ report on the Chamber’s activities and financial status for the year ending December 31, 2023.

It also included discharging the members of the Board of Directors, approving the estimated budget for the 2024 fiscal year, and appointing a new auditor, as well as determining their fees.

During the meeting, HE Sheikh Khalifa bin Jassim reviewed the Chamber’s activities report for the year ending December 31, 2023. HE highlighted efforts to support the private sector and mechanisms for the development of the Chamber’s work in alignment with the inclusive economic development of the state.

HE underscored the Chamber’s commitment to fully support for the Qatari private sector, enhance the business environment, and overcome obstacles facing business sectors., noting that this aims to foster the private sector’s role in the national economy and expand its contribution to the GDP, in line with the 3rd National Development Strategy and the Qatar National Vision 2030.

In his remarks, HE Sheikh Khalifa expressed sincere gratitude to HH the Amir Sheikh Tamim bin Hamad Al Thani for his unwavering support to the private sector. HE praised HH’s interest in empowering the private sector to fulfil its pivotal role in the state’s economic development, as a genuine partner to the public sector and a main contributor to the economic boom, in line with the Qatar National Vision 2030. HE also thanked HH Sheikh Abdullah Bin Hamad Al Thani, Deputy Amir, and HE Sheikh Mohamed bin Abdulrahman Al Thani, Prime Minister and Minister of Foreign Affairs, for their continuous support to the private sector.

The QC Chairman highlighted that 2023 was rife with activities and achievements for the Chamber, pointing out that the year witnessed the election of members of the Chamber’s Board of Directors for the seventh session (2023-2028).

In 2023, the Chamber organised a multitude of meetings with relevant authorities and ministries in the state to address issues and challenges facing the private sector, noting that this is part of its efforts to enhance communication and collaboration between the Chamber and government bodies for the advantage of the national economy.

HE Sheikh Khalifa said that the total number of QC members at the end of December 2023 reached 84840 members, among them about 5708 new members. The Chamber also issued more than 92 thousand transactions (electronic and non-electronic), and more than 46 thousand certificates of origin (electronic and non-electronic).

HE highlighted that the Chamber’s Sectoral Committees continued to network and engage with business owners and company representatives to listen to proposals and identify challenges faced by companies in each sector, working collaboratively to develop effective solutions.

Furthermore, the Chamber strengthened its digital structure and developed its programs to modernize the services it provides to the business community.

The Chamber continued to equip its new headquarters on the “Boulevard” in Lusail, indicating that the transfer to the new building is expected to take place this year, he added.

Throughout the year, HE indicated that the Chamber organised and participated in over 175 events and hosted 70 meetings for foreign delegations. These included 10 meetings with heads of state, as well as delegations accompanied by heads of government, ministers, government officials, and representatives of international institutions and chambers of commerce from various countries. During these meetings, both sides discussed strengthening cooperation relations between Qatari businessmen and their counterparts in various countries of the world.

Additionally, the Chamber participated in many external events, organised, and took part numerous forums,  conferences and Qatari-joint business meetings, and signed memorandums of understanding with 10 counterpart entities and chambers of commerce.

In 2023, the Chamber participated in several exhibitions, foremost of which is the ninth edition of the ‘Made in Qatar’ exhibition in cooperation with the Ministry of Commerce and Industry, which was held under the patronage of HH the Amir Sheikh Tamim bin Hamad Al Thani with the participation of 450 companies and factories.

During the year, the Chamber became a member of the International Federation of Freight Forwarders Associations (FIATA), which is the largest world organizations that includes all freight forwarders worldwide.

As for arbitration, HE Sheikh Khalifa noted that the Qatar International Centre for Conciliation and Arbitration issued 27 arbitral awards, organised a series of seminars on arbitration, and actively participated in various local and international conferences.

He further reviews activities of the Chamber’s training and development during the year.

HE Sheikh Khalifa expressed confidence that the year 2024 would witness further successes and increased involvement from the Qatari private sector in economic activities. He emphasized that the Chamber’s Board of Directors would continue its efforts to meet the expectations and aspirations of all members, business owners, and the Qatari business community.

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