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Minister of Commerce and Industry HE Ali bin Ahmed al Kuwari opened the 8th edition of Cityscape Qatar 2019 – the only real estate exhibition and conference of its kind in the Gulf state – at the Doha Exhibition and Convention Center on Tuesday.
“Cityscape Qatar 2019 will be remembered as a breakthrough event– coinciding with the recently released real estate foreign ownership law. The freehold and leasehold laws aim at creating a positive transformation in the real estate sector and supporting economic growth in Qatar,” Kuwari said.
“With the regulation of real estate brokerage, new standards have been put in place to provide a suitable environment that will enhance the qualification of brokers by offering them special services, controlling speculations, and establishing a proper platform for the sector,” he added.
“Real estate brokerage companies have been classified in order to build trust between them and investors, and continuous investor education on their rights and responsibilities has been secured. Finally, electronic services have been made available to facilitate the completion of formalities and compel brokers to legalize their contracts.”
“Cityscape Qatar 2019 will be remembered as a breakthrough event– coinciding with the recently released real estate foreign ownership law. The freehold and leasehold laws aim at creating a positive transformation in the real estate sector and supporting economic growth in Qatar,” Kuwari said.
“With the regulation of real estate brokerage, new standards have been put in place to provide a suitable environment that will enhance the qualification of brokers by offering them special services, controlling speculations, and establishing a proper platform for the sector,” he added.
“Real estate brokerage companies have been classified in order to build trust between them and investors, and continuous investor education on their rights and responsibilities has been secured. Finally, electronic services have been made available to facilitate the completion of formalities and compel brokers to legalize their contracts.”
