The Ministry of Commerce and Industry (MoCI) has signed two strategic cooperation agreements with QNB Group and Doha Bank, marking a significant step toward strengthening public–private sector integration and enhancing investor services through Qatar’s Single Window platform.
The agreements were signed by Mubarak Abdulrahman Al Khulaifi, Director of the Single Window Department at MoCI, alongside Ismail Mandani Al Emadi, Executive Vice President of SME Banking at QNB Group, and Yousef Abdullah Al Meer, Deputy Chief of Strategy and Transformation at Doha Bank.
Streamlining Company Formation in Qatar
Under the agreement, QNB Group will enable eligible investors to open bank accounts directly through the Single Window platform, in line with applicable laws and regulatory procedures. This integration is set to significantly expedite the company formation process, reduce reliance on manual and paper-based transactions, and simplify overall business registration procedures in Qatar.
The initiative reinforces QNB’s leadership role in supporting Qatar’s business ecosystem by delivering innovative banking solutions that enhance investor experience and facilitate faster market entry for new companies.
Doha Bank Partnership Enhances Investor Journey
The agreement with Doha Bank follows the same strategic objective: facilitating bank account opening for companies during their establishment phase via the Single Window platform. By digitising key steps, the partnership aims to accelerate approvals, improve operational efficiency, and support newly established businesses with seamless access to essential banking services.
Yousef Abdullah Al Meer noted that the service reflects Doha Bank’s commitment to developing customer-centric solutions, particularly for startups and emerging companies, enabling them to integrate quickly into Qatar’s economic landscape and contribute to national growth.
Strengthening the Single Window Platform
Mubarak Abdulrahman Al Khulaifi stated that these agreements form part of a broader series of partnerships MoCI is establishing with banks operating in Qatar. The objective is to position the Single Window platform as the primary and comprehensive gateway for investors looking to establish and grow businesses in the country.
He emphasised that the initiative aligns with the goals of Qatar National Vision 2030, supporting sustainable economic development through innovation, efficiency, and strong collaboration between the public and private sectors.
A Boost to Qatar’s Investment Environment
By integrating banking services directly into the Single Window platform, MoCI, QNB Group, and Doha Bank are collectively enhancing Qatar’s attractiveness as an investment destination. The move underscores Qatar’s ongoing commitment to regulatory reform, digital transformation, and building a diversified, innovation-led economy.
