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Business and Finance

SMEs Enhance the National Economy Competitiveness and Diversification

04 May, 2020 12:00 AMLusail Newspaper Intended Audience
Visitor: Student, Tourist, Business Owner
Citizen: Parent, Business Owner, Employee
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News Details

HE the Minister of Commerce and Industry Ali bin Ahmed Al-Kuwari affirmed that Qatar offers a wide range of incentives to encourage entrepreneurs and highly skilled investors to enter into partnerships, that contribute in launching innovative products and international brands produced in Qatar. These efforts have resulted in tangible progress on an economic level.

His Excellency pointed out that Qatar's non-oil GDP increased by 9%, and foreign investment flows increased by 5% in the second quarter of 2019 to 758.6 billion riyals ($ 208.3 billion). Qatar also introduced a wide range of initiatives and reviewed its legislative framework and regulations business to enhance a competitive business environment.

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