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Business and Finance

Cabinet Approves Draft Resolution to Form Panel on Setting Maximum Prices, Profit Rates

09 Dec, 2021 08:36 AMAl Sharq Newspaper, Gulf TimesIntended Audience
Citizen: Business Owner

News Details

The Cabinet, chaired by HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani, Prime Minister and Minister of Interior, approved in its regular meeting held by the Council yesterday afternoon at its headquarters in the Amiri Diwan, a draft resolution of the Minister of Commerce and Industry to amend some provisions of the Minister of Business and Trade Resolution No 169 of 2011, to form a committee to set the maximum prices and profit rates.

The cabinet also approved a draft memorandum of understanding between the governments of Qatar and Kuwait in charitable and humanitarian work, and a draft security co-operation agreement between the Internal Security Force (Lekhwiya) in Qatar and the National Guard Forces Command of Russia (the Russian Gendarmerie).

The Cabinet, through the presentation made by HE the President of the Planning and Statistics Authority, was briefed on the progress made in implementing the strategic plans of government agencies for the third quarter (July-September 2021), the progress of programmes and projects at the overall level of ministries and at the level of each entity, and the most important outputs and the progress made in implementing the projects of those plans, their objectives, the most prominent challenges, and the recommendations issued in this regard, where HE the Prime Minister directed the ministries to work on implementing appropriate solutions to meet those challenges and co-operate with the Planning and Statistics Authority regarding the follow-up of the implementation of projects.

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