His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, chaired the regular meeting held by the Council on 27 March 2024.
Following the meeting, His Excellency Mr. Ibrahim bin Ali Al Muhannadi, Minister of Justice and Minister of State for Cabinet Affairs, stated the following:
1. The Cabinet considered the topics on the agenda as follows:
- First - Approval of the draft Cabinet decision to establish a committee to study and write off receivables and credits in the public institution. Qatar Electricity and Water Company, and defining its powers.
- Second - Approval of a draft decision of the Minister of Education and Higher Education to establish departments in the administrative units that make up the ministry.
- Third - Approval for non-Qatari investors to own up to 100% of the capital of the National Bank Company, a Qatari public shareholding company listed on the stock exchange, in accordance with the provisions of Article (7) of Law No. (1) of 2019 regulating the investment of non-Qatari capital in economic activity.
- Fourth - Approval of:
- 1. A draft cooperation agreement regarding supporting the project to develop an advanced labor market information system (LMIS) and the data analysis ecosystem between the Ministry of Labor and the United Nations Economic and Social Commission for Western Asia (ESCWA).
- 2. A draft flexible voluntary contribution agreement between the Qatar Fund for Development in the State of Qatar and the Food and Agriculture Organization of the United Nations.
- 3. A draft basic contribution agreement to support the regular resources of the United Nations Office on Drugs and Crime, between the Qatar Fund for Development in the State of Qatar and the United Nations Office on Drugs and Crime.
- 4. A draft basic contribution agreement to the Qatar Fund for Development in the State of Qatar and the United Nations Industrial Development Organization to support the United Nations Innovation and Transformation Fund.
- 5. The Council of Ministers reviewed the following two topics, and took the appropriate decision regarding them: 1- A report on the results of government agencies’ participation in celebrating Qatar Environment Day.
2. A report on the results of organizing the Qatar-Nigeria Business Forum.
RELATED: Non-Qatari investors may now own 100% of the capital of select companies listed on the stock exchange
Source and cover image credit: QNA
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