Qatar aims to lure more investments

Published December 15th, 2005 - 11:55 GMT
Al Bawaba
Al Bawaba

Qatar's Finance Minister, Yusef Hussein Kamal, stated Wednesday the government was keen on luring more local and foreign investments into the national economy, through updating and modernizing legislation continuously, and facilitating the channeling of capitals into the Arab Gulf state.

 

Addressing the 9th Arab Businessmen Forum, he called on businessmen to cooperate with the government to make investment-related laws more flexible, applicable and encouraging. According to Kuna, he mentioned that Qatar's GDP has increased by an average of 16-17 percent over the last six years.