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Hisham Aljundi
Doha
Qatar’s new law that allows 100 percent foreign direct investment (FDI) in all sectors is a game changer, according to a prominent lawyer in Qatar.
One of the largely unnoticed but interesting features of the FDI law is that it prevents expropriation of assets, said Rashid al Saad, a lawyer and counsellor at Qatar Financial Centre.
The investor has the freedom to transfer his investment, be it in the form of returns, proceeds of
sale or liquidation of investments in whole or in part, Saad added.
Proceeds from settlement of investment disputes also come under this provision, he added. “The new law will attract foreign investments to the country.”
The lawyer said the new FDI law will bring monetary enhancement in accordance with the Qatar National Vision 2030. It would certainly contribute to strengthening Qatar’s competitive position on the world stage, he added.
Doha
Qatar’s new law that allows 100 percent foreign direct investment (FDI) in all sectors is a game changer, according to a prominent lawyer in Qatar.
One of the largely unnoticed but interesting features of the FDI law is that it prevents expropriation of assets, said Rashid al Saad, a lawyer and counsellor at Qatar Financial Centre.
The investor has the freedom to transfer his investment, be it in the form of returns, proceeds of
sale or liquidation of investments in whole or in part, Saad added.
Proceeds from settlement of investment disputes also come under this provision, he added. “The new law will attract foreign investments to the country.”
The lawyer said the new FDI law will bring monetary enhancement in accordance with the Qatar National Vision 2030. It would certainly contribute to strengthening Qatar’s competitive position on the world stage, he added.
