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Qatar News developments

Qatar: Draft Budget Law Approved

  • 26/10/202326/10/2023
  • by Tanya Jain

Gulf Times, 18 October 2023: Qatar’s Cabinet has approved a draft budget law.

They approved it after approving it for the 2024 financial year and referred it to the Shoura Council to consider.

The Cabinet also approved a draft Cabinet Decision amending Qatar Cabinet Decision No. 26/2004 establishing the National Committee for the Prohibition of Weapons (NCPW).

In addition, they approved a draft air services cooperation agreement between Qatar and Barbados.

Also reported in Lusail News on 18 October 2023. For the full story, click here.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East HR Alert – October 2023 Edition News developments

Lexis Middle East HR Alert – October 2023 Edition

  • 25/10/202326/10/2023
  • by Tanya Jain

Introducing the October 2023 edition of Lexis Middle East – HR Alert!

Delve into our complimentary publication, Lexis Middle East – HR Alert, designed to provide you with a comprehensive source of insights and updates to keep you well-informed about the latest developments in the Labor and Employment landscape of the MENA region. We have meticulously curated the most recent HR updates and developments to ensure you remain empowered. This publication highlights significant cases and offers valuable insights into HR policies and laws within the region.

Within this edition, you will discover exclusive interviews with prominent HR professionals and expert advice on emerging industry trends. Stay up-to-date and enhance your HR knowledge with the latest release of Lexis Middle East – HR Alert.

This edition features a diverse range of content, including:

Feature: The New Order

Gain valuable insights into the evolving Omani Labour Law regime and its impact on the region. New legislation in Oman, explained by Thomas Wigley and Elisha Wilson of Trowers & Hamlins, is set to influence various aspects, from employment contracts and pensions to policies and termination.


Trend Setter – AI and Workforce Decisions

Embark on a journey into the realm of Artificial Intelligence (AI) and its role in shaping workforce decisions. Delve into the legal considerations surrounding AI in employment relationships, with Joanna Matthews Taylor, Partner at Baker McKenzie.


News Round-up: Covering Recent Key Developments – Region-Wide

Stay abreast of recent developments, including updates on labour disputes and other significant news items.


Status Report: The Latest on Localisation

Stay updated with the latest developments, including substantial changes in labor disputes within the UAE. A detailed status report on localisation policies across the GCC, authored by Rekha Simpson, Ali Ibrahim, and Ren Jongerius of Vialto Partners, examines their impact on expatriate employees and employers.


Law Changes: New and Proposed MENA Laws

Uncover critical updates, including amendments to the DIFC Data Protection Regulation. Joshua Decker, Senior Counsel at Vaishvik Law International Ltd, sheds light on the significance of these changes.


Case Focus:

Dive into the details of a landmark case – the first-ever race discrimination case in the QICDRC courts, involving Khadija Al-Marhoon and Ooredoo Group Company. Recommended by K&L Gates LLP.


HR Profile – Labour Risk

Meet Rachael Sands, Senior Legal Counsel – Labor and Employment at Abdul Latif Jameel (ALJ), and explore her unique approach to managing labor-related risks.


Policy Pointers – Death in Service

Delve into the topic of death in service payments and its legal implications, featuring contributions from Yulia Kasiyanova, Associate Partner at SCHLÜTER GRAF Legal Consultants.


Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.


For all the latest industry updates and developments, opt for a free HR Alert subscription!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East HR Alert_October 2023

Have you read the Lexis® Middle East HR Alert – previous 2023 editions? Click the links below to access and read these editions.

LexisNexis Middle East HR Alert_January 2023
LexisNexis-Middle-East-HR-Alert_March-2023

LexisNexis Middle East HR Alert_May 2023 Edition
Lexis Middle East HR Alert – August 2023 Edition
Kuwait Business Law Forum 2023 – 7th Edition | 23 November 2023 | 8:30 AM to 2:30 PM (Kuwait Time)

Expired Kuwait Business Law Forum 2023 – 7th Edition | 23 November 2023 | 8:30 AM to 2:30 PM (Kuwait Time)

  • 20/10/202322/11/2023
  • by Malini Dean
We're sorry, but all tickets sales have ended because the event is expired.

  • Kuwait Business Law Forum 2023 - 7th Edition
     23/11/2023
     8:30 AM - 2:30 PM

Join us in Kuwait City on 23 November 2022 for the Kuwait Business Law Forum 2022 – 6th Edition!

Qatar News developments

Qatar: Qatar: E-contract Platform Updated

  • 18/10/202318/10/2023
  • by Tanya Jain

Qatar Tribune, 17 October 2023: Qatar’s Labour Ministry has announced it has updated the e-contract platform.

It has updated the authentication of digital employment contract services.

The platform allows private sector employees to verify the contract terms and approve or reject them.

Domestic worker contracts can also be authenticated via the platform without service centers having to be physically attended.

Once the contract authentication process is completed, an automatic contract audit is initiated. The contract authentication service enables an application to be submitted to an establishment via the employer’s portal using the National Authentication System.

The application will then be transferred to the worker for approval via the worker and individual portal.

The contract data will then be verified. It will be available in 11 languages.

Also reported in Al-Sharq on 16 October 2023. For the full story, click here.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Qatar News developments

Qatar: Central Bank Issues Loan-based Crowdfunding Regulations

  • 11/10/202311/10/2023
  • by Tanya Jain

Qatar Tribune, 10 October 2023: Qatar’s Central Bank has announced it has issued loan-based crowdfunding regulations.

They cover the licensing and regulation of these activities and services in the country.

Among other requirements, entities wanting to provide loan-based crowdfunding activities must apply for the relevant licence from the Central Bank.

The regulations have been issued in line with the national financial sector and Fintech strategies and the Central Bank’s efforts to regulate and develop the country’s financial sector.

Also reported in Lusail on 9 October 2023. For the full story, click here.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Qatar News developments

Qatar: Stock Exchange Amends Eligible Securities List

  • 06/10/202306/10/2023
  • by Tanya Jain

Gulf Times, 2 October 2023: Qatar’s Stock Exchange has announced it has amended the eligible securities list. The list states who can carry out market making, liquidity provision, margin trading, and covered short‐selling activities.

The Exchange has added more companies to the list. The new list will come into force on 2 October.

The constituents of the 20-stock Qatar Index and Al Rayan Islamic Index will be eligible for margin trading and covered short-selling.

Stocks of companies with an annual turnover rate equal to or greater than 10%, and a quarterly turnover rate in their trades exceeding 80% of trading days in each quarter, are also now eligible.

In addition, tradable units of the exchange-traded funds QE Index ETF and the Al Rayan Qatar ETF are eligible for margin trading and cover short-selling. Companies with at least one liquidity provider or market maker are eligible as well.

The securities are eligible for margin trading and covered short-selling are Ooredoo, Qamco, Qatar Insurance, QATR, QETF, Qatar Electricity and Water, Qatar Islamic Bank, Woqod, Qatari German Medical Supplies, Nakilat, Qatar Islamic Insurance, QIIB, Qatari Investors Group, Qatar Industrial Manufacturing Company, QLM, QNB, Qatar National Cement, Milaha, Qatar Oman Investment, Salam International Investment, United Development Company, Vodafone Qatar, Widam Food and Zad Holding.

Aamal Company, Al Khaleej Takaful, Baladna, Barwa, Commercial Bank, Dlala, Doha Bank, Dukhan Bank, Ezdan, Al Faleh Educational Holding, Gulf International Services, Gulf Warehousing, Estithmar Holding, Inma Holding, Industries Qatar, Masraf Al Rayan, Mannai Corporation, Medicare Group, Al Meera, Meeza, Mahhar Holding, Mekdam Holding, Mesaieed Petrochemical Holding, Mazaya Qatar and Alijarah Holding are also eligible.

In addition, all companies listed on the main market and the venture market, and all exchange-traded funds listed on the Exchange are eligible for market maker and liquidity provider activities.

Finally, all securities qualified for covered short-selling are eligible for lending and borrowing activities, and brokers of any stocks excluded from the qualified list will have three months to close open positions of the relevant activities.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Qatar News developments

Qatar: Artificial Intelligence to be Used in Justice and Legal Systems

  • 21/09/202321/09/2023
  • by Tanya Jain

Qatar Tribune, 14 September 2023: Qatar’s Justice Minister has announced Artificial Intelligence is going to be used in the country’s justice and legal systems. The Minister was addressing the Law and Artificial Intelligence Conference at Lusail University earlier this week.

The Minister is seeking recommendations to help draft an Artificial Intelligence Law.

Also reported in Raya on 13 September 2023. For the full story, click here.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Qatar Business Law Forum Conference 2023 – 8th Edition | 14 November 2023 | 08:30AM to 4PM (Qatar Time)

Expired Qatar Business Law Forum Conference 2023 – 8th Edition | 14 November 2023 | 08:30AM to 2PM (Qatar Time)

  • 14/09/202309/02/2024
  • by Malini Dean
We're sorry, but all tickets sales have ended because the event is expired.

  • Qatar Business Law Forum Conference 2023
     14/11/2023
     8:30 AM - 2:00 PM

Join us on 14 November 2023 for the Qatar Business Law Forum Conference 2023 – 8th Edition.

Lexis Middle East Gulf Tax – Autumn 2023 Edition News developments

Lexis Middle East Gulf Tax – Autumn 2023 Edition

  • 13/09/202313/09/2023
  • by Tanya Jain

We are excited to introduce the newest edition of Lexis Middle East Gulf Tax. Our complimentary magazine provides valuable insights into the latest tax and financial developments throughout the region.

In this issue, we delve into the finer points of free zones in the UAE, where recent Cabinet and Ministerial Decisions have shed light on the operation of Corporate Income Tax. Discover the clarifications and implications that may affect your business.


In this edition:

FEATURE: FINER POINTS ON FREEZONES

Explore how recent Cabinet and Ministerial Decisions have brought clarity to the operation of Corporate Income Tax within UAE freezones. Mourad Chatar of Value Square unravels surprises in determining liabilities.


FEATURE: E-INVOICING: WHAT NEXT?

Dive into the adoption of new technology across the GCC to enhance tax compliance. Discover how tax regulators are leveraging mandatory e-invoicing for improved tax regulation. Insights provided by Ekansh Agrawal and Shashank Chandak of KPMG.


TAX NEWS ROUND-UP

Stay informed about the latest updates in tax treaties and regulations throughout the region.


WHAT’S CHANGED?

Discover the significance of the new UAE clarification procedure within the dynamic tax landscape. Brought to you in partnership with Crowe.


PRACTICAL FOCUS: TAX AND M&A

Gain valuable insights from Mourad Chatar and Ismail El Koundi of Value Square, tailored for tax and M&A professionals.


INHOUSE TAX PROFILE: SUSTAINABLY MINDED

Explore the intersection of sustainability and tax planning with Rajpal Bal, Global Head of Tax, Treasury & Customs at Aramex.


ANY QUESTIONS? – HOW DOES TAX RETENTION OPERATE?

Delve into the workings of tax retention in Kuwait with insights from Rami Alhadhrami of BDO Kuwait, shedding light on the requirements that apply to entities trading in Kuwait.


Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Gulf Tax| Autumn 2023

Have you read the Lexis® Middle East Gulf Tax – Spring and Summer 2023 editions? Click the links below to access them.

Lexis Middle East Gulf Tax |Spring 2023
Lexis Middle East Gulf Tax | Summer 2023
Qatar News developments

Qatar: Cabinet Approves Control of Precious Metals Draft Law

  • 13/09/202313/09/2023
  • by Tanya Jain

Gulf Times, 6 September 2023: Qatar’s Cabinet has approved a draft law regarding control of precious metals and valuable stones. It has been proposed and approved to keep up with developments in control over precious metals and valuable stones.

If approved, it will replace Qatar Law No. 4/1978.

The Cabinet also approved a draft law amending Qatar Law No. 1/2012 on the regulation and control of advertisement placement. They have referred it to the Shoura Council to consider.

Finally, they reviewed the results of a study on proposed amendments to the country’s Labour Law.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

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