CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar Chamber completes over 59,600 electronic transactions last year

Published: 16 Jan 2022 - 08:33 am | Last Updated: 16 Jan 2022 - 08:37 am
Peninsula

Deepak John | The Peninsula

Qatar Chamber has continued its efforts to support and develop the private sector and provide its services to the Qatari business community, despite the economic repercussions of the COVID-19 pandemic, said Qatar Chamber (QC) General Manager, Saleh bin Hamad Al Sharqi. It completed over 59,600 electronic transactions last year.

The year 2021 has been rife with achievements, events and activities that were held by the Chamber in view of its key role in promoting the private sector and its contribution to economic activity and sustainable development in line with the Qatar National Vision 2030, elaborated Saleh bin Hamad Al Sharqi in the January 2022 issue of Al Moltaqa magazine. 

In 2021, QC organised many meetings and forums, whether in person or virtually, which witnessed wide participation from Qatari and foreign businessmen and helped in boosting relations of the Qatari private sector with its counterparts and activating Qatar’s commercial ties with various world countries. “During the year, QC completed more than 56,902 electronic transactions, and issued about 42,321 certificates of origin for exports. 

On the digital infrastructure front, the Chamber strengthened its digital structure and worked to add further development to the services provided to the business community to facilitate its members and its affiliated companies and institutions, as well as provided all possible means to communicate with them, and complete their transactions with ease and professionalism,” he explained. 

QC launched more electronic services on its website, such as listing companies in the Qatar Chamber Commercial and Industrial Directory, creating a profile for each company, and creating a digital business platform for companies wishing to identify Qatari companies as well as Qatari companies wishing to establish businesses outside Qatar. 

Al Sharqi noted, QC hosted about 40 trade and business delegations from several countries including delegations accompanied with presidents, ministers, and governmental officials. These meetings discussed enhancing cooperation between Qatari businessmen and their counterparts in the various countries of the world. They reflected the international interest in the investment climate in Qatar and confidence in the Qatari economy.

The Chamber participated during the past year in about 20 events that were held outside the country, whether in person or via video conferencing. “Through these events, QC helped in promoting the Qatari economy, the state’s investment climate and the available investment opportunities, as well as attracting more foreign investments to the national economy. Through its sectoral committees, QC reviewed issues and obstacles facing each sector and ways of solving them in cooperation with the state’s concerned bodies. It also held a number of meetings for the joint business councils to explore areas of cooperation between Qatari and foreign businessmen,” he said 

Al Sharqi added “To enhance its cooperation with other institutions, the QC signed last year a number of agreements and memorandums of understanding (MoU). It signed MoU with the Tunisian Union for Industry, Commerce and Handcrafts to establish a Qatari Tunisian Joint Business Council and an agreement with the Doha Institute for Graduate Studies to enhance cooperation in research and studies field in a way that benefits the private sector.”