Qatar laws promote investments, says expert Sunday, 12 February 2012 03:47

Doha: Essam Al Tamimi  (pictured) (Partner and Founder of the law firm, Al Tamimi & Company) has said that Qatari legislation assists development in the country and promotes investment injection.

He emphasised that all GCC countries are considered good bases for international markets.

These remarks were made during a reception which was held by Al Tamimi & Company recently at the Four Seasons Hotel in Doha, which was attended by clients from all over the region. The reception was arranged on the sidelines of a new premises for Al Tamimi & Company at Al Jazeera Tower in West Bay. The firm has operated in Qatar for over 8 years and is licensed by the QFC.

Al Tamimi explained that Gulf countries are entering into a new phase of its economy through investments, infrastructure and industrial development. This attracts international clients, banks and capital entry into the market.

“We receive several mandates on various business affairs mainly related to banking projects and companies that have entered into infrastructure projects,” he said.

Al Tamimi said that commercial laws have developed in response to recent changes in regard to Gulf communities which are in a constant state of development. There is an important need to update work methods and accordingly create development opportunities for investors and companies.   

In addition, Mohamed Khodeir (Partner at Al Tamimi & Company and Head of the Qatar office), said that the modern economy requires new investment processes for companies and Al Tamimi & Company deals with companies that apply this pattern to mitigate risks.

The Peninsula

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