Qatar
QATAR UNVEILS SUPPORT PACKAGE TO BOOST MARKET STABILITY
Qatar has activated a wide-ranging package of support measures aimed at maintaining market stability and reinforcing investor confidence amid evolving regional conditions. The initiatives, delivered through the country’s foreign direct investment ecosystem, offer immediate financial, regulatory and operational relief to international businesses.Minister of Commerce and Industry and Chairman of Invest Qatar’s Advisory Board HE Sheikh Faisal bin Thani bin Faisal Al Thani reaffirmed Qatar’s unwavering commitment to business community, stressing the importance of decisive action to safeguard businessesand sustain growth.Through Invest Qatar, the National Incentives Programme continues to provide up to 40% support on eligible local expenses. The initiative has already supported QA2.8 billion in investment projects and created more than 900 jobs.Additionally, Qatar Financial Centre and Qatar Free Zones Authority have introduced rent waivers, payment deferrals and lease extensions for affected tenants. To ease compliance burdens, QFC has implemented temporary regulatory flexibility, including extensions for audited financial statement submissions and case-by-case adjustments to tax filing timelines (ICE Doha)
Fonte notizia: QATAR TRIBUNE
