Qatar Issues New Law to Nationalize Jobs in Private Sector

A general view of Doha, Qatar. (QNA)
A general view of Doha, Qatar. (QNA)
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Qatar Issues New Law to Nationalize Jobs in Private Sector

A general view of Doha, Qatar. (QNA)
A general view of Doha, Qatar. (QNA)

Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani issued on Sunday a new law to nationalize jobs in the private sector.

The law will be effective six months after it is published in the official gazette.

This legislation aligns with Qatar National Vision 2030 and will facilitate strategic investments and create opportunities for employment and training for Qatari citizens, the Ministry of Labor said in a statement.

The law supports the Third National Development Strategy, which aims to effect a fundamental transformation towards a more productive labor market, focusing on high-skill jobs.

The Ministry said this transformation will be achieved by leveraging a highly skilled Qatari talent pool while also attracting foreign talents with advanced skills.

It noted that the law seeks to significantly increase the effective participation of the national workforce in private sector institutions and companies, opening up new employment and career opportunities for Qataris, thereby maximizing the utilization of qualified national competencies.

The law aims to encourage Qatari participation in the private sector, ensure job stability for national cadres, develop the professional skills of the national workforce, meet the labor markets demand for qualified personnel, and incentivize private sector companies and establishments to increase the participation of the national workforce, it added.

The entities subject to nationalization under the law include employers who are natural persons managing private establishments registered in the commercial register, commercial companies operating in the state, whether state-owned, state-participated, or privately owned, and private non-profit institutions, sports institutions, associations, and similar entities, it explained.

The new law also grants many benefits, facilities and privileges to those covered by the integration plan, it added.

More than 2.5 million foreigners live and work in Qatar, with about two million working in the private sector.



Türkiye's Botas Buying 4 bcm of LNG from Shell in 10-year Deal

The logo of a Shell gas station is pictured in Ulm, Germany, April 6, 2017. REUTERS/Michaela Rehle
The logo of a Shell gas station is pictured in Ulm, Germany, April 6, 2017. REUTERS/Michaela Rehle
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Türkiye's Botas Buying 4 bcm of LNG from Shell in 10-year Deal

The logo of a Shell gas station is pictured in Ulm, Germany, April 6, 2017. REUTERS/Michaela Rehle
The logo of a Shell gas station is pictured in Ulm, Germany, April 6, 2017. REUTERS/Michaela Rehle

Turkish state energy company Botas and British oil major Shell signed a 10-year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said.

"A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered annually for a period covering 10 years starting from 2027," Bayraktar said, Reuters reported.

"This agreement ... provides additional regional and global trade opportunities with the options of receiving (LNG) from the filling port and unloading to European terminals."

Speaking in the ceremony, Bayraktar said the deal has strengthened Turkey's prospects of becoming a natural gas centre and its role in playing a part in Europe's supply security.

Botas signed a 10-year LNG agreement with ExxonMobil in May, under which Botas will purchase up to 2.5 million tons of LNG per year from the US company.

Türkiye meets almost all of its consumption needs with imported gas and brought in 14.3 billion cubic metres (bcm), or 28.3% of the 50.5 bcm that it consumed last year, in the form of LNG.

Türkiye has the supply flexibility to a large part of national consumption needs with liquefied gas instead of pipeline gas if needed, with a gasification capacity of approximately 0.16 bcm per day, according to Reuters calculations.