Law No. (5) of 2024 Regulating Real Estate Registration (the Real Estate Registration Law), was published in the Official Gazette on 5 June 2024 and takes effect from that date. The Real Estate Registration Law repeals and...more
The Qatar Commercial Companies Law Number 11 of 2015 (the Companies Law) has recently been amended by Law Number 8 of 2021 (the Amending Law). The Amending Law introduces significant changes to the Companies Law, enhancing...more
On 18 April 2021, the Ministry of Commerce and Industry (MoCI) announced the enforcement of certain provisions of Law number (1) of the year 2020 and its executive regulations issued by the Council of Ministers’ decision...more
Background - The state of Qatar (Qatar) is one of the fastest growing economies and has the highest per capita income in the world. It is undergoing a rapid transformation to attract leading global companies and individuals...more
HOW DID WE GET HERE? Business leaders are grappling with challenges which are unprecedented and which have not been witnessed on such a global scale previously. As COVID-19 spreads across the world, governments reacted by...more
7/30/2020
/ Confidential Information ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Data Protection ,
Data Security ,
Employer Responsibilities ,
Force Majeure Clause ,
Insurance Claims ,
Popular ,
Remote Working ,
Risk Assessment ,
Risk Management ,
Telecommuting ,
Workplace Safety
As COVID-19 continues to cause widespread disruption to commercial activity around the world, there is an increased focus on the effectiveness of contractual force majeure provisions and the availability of relief under...more
Activity within the Islamic banking industry has been relatively quiet as we approach the year-end and National Day holidays.
Qatar Central Bank (QCB)’s Governor Abdulla Al Thani highlighted in the Euromoney Qatar...more
While we move toward the end of the year, Islamic banks in Qatar have been relatively quiet; they have been collecting awards and discussing how best to improve standardization.
Qatar Islamic Bank (QIB) recently received...more
As we near the holy month of Ramadan and the summer months, the Qatari market (as is the trend each year) enters into a quiet period until the later part of the year. Yet, ahead of the quiet period, a number of major...more
The past month has witnessed a significant amount of activity in the banking sector in Qatar. On the one hand, banks have been holding board meetings to review and approve the financial results ahead of the scheduled annual...more
Originally published in Islamic Finance News - February 22nd, 2017.
The last month presented an opportunity to reflect on the performance of the banking sector in Qatar during the past year, with the majority of the...more
On 4 August 2016, the Civil and Commercial Court of the Qatar Financial Centre First Instance Court (QFC Court) issued a judgment, which was subsequently enforced by the Qatar Central Bank (QCB), without the need for court...more
The future exit of the United Kingdom from the European Union is to be one of the most profound political, economic and legal events in the country’s recent history. For those who seek to engage with Islamic Finance and...more
Perhaps it is no longer a hidden fact that 2016 will be a difficult year for the Qatari market. With more governmental or quasi-governmental entities announcing reductions or cancellations of projects, staff redundancies and...more
A volatile year for Islamic finance – the only way is up? Once again the close of the year has come around more quickly than we ever thought possible, and it is time again for our annual review and outlook of the Islamic...more
1/29/2016
/ Banking Sector ,
Cross-Border Transactions ,
Family Offices ,
Insurance Industry ,
Mutual Funds ,
Popular ,
Private Equity ,
Risk Management ,
Structured Finance ,
Venture Capital ,
Wealth Management
Introduction -
The World Bank has estimated that capital investments in infrastructure of US$93 billion per year will be required in sub-Saharan Africa to sustain growth in the region, with only US$40 billion currently...more
Over the past decade, six out of the 10 fastest growing economies in the world have been located in Sub-Saharan Africa. With the continent continuing to derive benefit from increased stability and the growth of civil...more
The appetite for Sukuk in Qatar has been on the rise, with US$3.1 billion raised through eleven issuances of Sukuk in the first half of 2013.
The political turmoil in Egypt continues to have an effect on Qatari...more
Despite a highly competitive market with new insurance companies entering the Qatari market through the Qatar Financial Center, Damaan Islamic Insurance Company recorded a profit of QAR28 million (US$7.68 million) for the...more
The Qatar Central Bank (QCB) has issued a directive to restrict banks’ total investment portfolios in equities and debt instruments to 25% of capital from the previously allowed 30% each. The recent decision also sets new...more
This report was first published in "Islamic Finance news Volume 10 Issue 19" dated 15.05.13 -
Many banks in Qatar are now enjoying strong government support and steady loan growth in their home market. This comfort is...more