The Minister of Finance and Acting Minister of Economy and Commerce H E Yousuf Hussein Kamal has said that Qatar had gone a long way in protecting rights of the foreign workforce in the country.
He was reacting to criticisms raised in an American report about the condition of foreign workers in Qatar, while speaking to the media on the sidelines of a meeting of the Qatari and French businessmen in Paris.
“We have committees on human rights, we have the Ministry of Labour and Social Affairs to monitor the condition of foreign workers here and ensure their welfare. These workers have come here to make a living and we should respect this and provide them the necessary means and facilities," said Hussein Kamal.
“I think all the people in Qatar will give testimony to what I have said. I can not criticize others but I can talk about Qatar," he added.
He said the meeting, organised by the Qatari embassy in Paris was to introduce the latest development in the field of business in Qatar, particularly the new commercial laws and laws regulating company registration developed very recently. These laws allow foreign investment in Qatar with 100 percent ownership.
“I am talking here about education, health and manufacturing fields," he said, while elaborating on the investment opportunities in Qatar. He noted that GCC states are going to adopt a unified currency by 2010
. Deliberations are on to complete the formalities in time.
Kamal told the meeting that France can introduce Islamic banking if it wants to do that by amending their laws or passing a new law. This is what UK has done and they have succeeded in attracting huge capital. He said even conventional banks in Qatar has adopted Islamic banking and introduced it in a Shariah-complaint way.
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