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.



Oman Expands Oil, Gas Exploration by Signing New Concession Agreement

Officials at the contract signing ceremony (Oman News Agency)
Officials at the contract signing ceremony (Oman News Agency)
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Oman Expands Oil, Gas Exploration by Signing New Concession Agreement

Officials at the contract signing ceremony (Oman News Agency)
Officials at the contract signing ceremony (Oman News Agency)

The Omani Ministry of Energy and Minerals on Sunday signed an agreement with Daleel Petroleum Company (the operator) to explore and develop Concession Area No. 15 in Al Dhahirah Governorate.
The concession agreement constitutes a strategic step towards enhancing oil and gas reserves and expanding production rates through the resources of Area No. 15, a stretch of ​​1,389 square kilometers.
Through this new agreement, Daleel Petroleum Company will undertake a set of geological and geophysical studies, reprocess existing seismic data, conduct a 3D seismic survey and drill several wells to assess the hydrocarbon potential in the designated area.
The agreement was signed by Salim al Aufi, Minister of Energy and Minerals, Mohammed al Barwani, Chairman and Founder of Mohammed Al Barwani Group and Zhang Yu, Vice President of the People’s Republic of China’s national development corporation.
Salah Hafiz Al Dhahab, Director General of Investment at the Ministry of Energy and Minerals, said that Daleel Petroleum company was awarded the contract (as the operator) due to its success in developing Concession Area No. 5 with high efficiency and raising its daily oil production from 5,000 to more than 50,000 barrels per day, according to the Oman News Agency.
Al Dhahab added that the agreement embodies the government’s confidence in national companies operating in the sector, while at the same time underlines Oman’s keenness to consolidate its relationship with Chinese partners, opening the way for more cooperation opportunities that would attract foreign investments.