Latest news with #DigitalSkillsFramework
Zawya
20-03-2025
- Business
- Zawya
Qatar's proposed bankruptcy and PPP law revamp to ‘unlock' FDI inflows: ICAEW
Qatar - More than 4,000 investors will benefit from the reduced rental prices. The decision applies to Jery Al Samur Logistics Park, Small and Medium Industries Zone, Al Wakra Logistics Park, Aba Saleel Logistics Park, Mesaieed Industrial Zone, and Birkat Al Awamer Logistics Park. Doha's recent transformative strategies – including the revamp of bankruptcy laws and public private partnership (PPP) – will help 'unlock' stronger inflows of foreign direct investment (FDI), according to the Institute of Chartered Accountants of the England and Wales (ICAEW). 'The planned revamp of key laws governing bankruptcy and PPP will likely help unlock stronger FDI inflows in support of non-energy expansion,' the ICAEW said in its latest report. Highlighting that authorities continue to take steps to attract investment and broaden diversification; it said in the last month, the government unveiled a 50% discount on business rates in industrial, logistics and commercial zones, slashed start-up fees within the Qatar Financial Centre, and launched a Digital Skills Framework, all aligned with the National Development Strategy. The country plans to introduce three new laws as part of a sweeping review of legislation designed to make Qatar more attractive to foreign investors, the Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal al-Thani had said in an interview to Reuters news agency. The Ministry of Commerce and Industry (MoCI), in collaboration with the Qatari Economic Zones Company (Manateq), has reduced leasing rates up to 50% for five years in industrial, logistics, and commercial zones. More than 4,000 investors will benefit from the reduced rental prices. The decision applies to Jery Al Samur Logistics Park, Small and Medium Industries Zone, Al Wakra Logistics Park, Aba Saleel Logistics Park, Mesaieed Industrial Zone, and Birkat Al Awamer Logistics Park. The QFC has implemented a substantial reduction in the application fee for licensing an entity on its platform, dropping it from $5,000 to $500. The new fee structure applies to all applicants seeking a license to conduct non-regulated activities in the QFC, except for the activities of single family offices. The digital skills framework, developed by the Ministry of Communications and Information Technology, is designed to empower individuals and organisations with essential skills to support Qatar's digital transformation. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. ( Santhosh V. Perumal
Zawya
24-02-2025
- Business
- Zawya
Qatar: MCIT launches 'Digital Skills Framework' initiative to accelerate digital transformation
DOHA: The Ministry of Communications and Information Technology (MCIT) has developed the Digital Skills Framework, as the first executive initiative of the "Digital Skills Working Group." In a statement on Sunday, the MCIT said that this national initiative is designed to empower individuals and organizations with essential digital skills to support Qatar's digital transformation. Built upon global best practices, the framework ensures alignment with evolving labor market needs and the latest digital advancements. The framework also aligns with the sixth pillar of the Digital Agenda 2030, "Future Leading Digital Society." This launch follows the formation of the Digital Skills Working Group, which MCIT announced at the end of last year. The working group aims to enhance digital skills within government entities, design innovative training programs, and coordinate efforts among stakeholders to create a supportive environment for digital learning and professional development. The Digital Skills Framework will serve as a key tool in developing and preparing a skilled national workforce capable of meeting the demands of a rapidly evolving digital job market. By providing a clear structure for assessing and developing skills, it enables individuals and organizations to adapt effectively to the fast-paced digital transformation. The framework covers 19 key digital skill domains, encompassing a broad range of essential competencies needed across both public and private sectors in Qatar. It identifies 115 digital skills, categorized into four progressive proficiency levels, ensuring a comprehensive approach to digital upskilling. Under the framework's regulatory policies, individuals progress through four integrated stages of digital empowerment. The first stage, Awareness, involves acquiring basic knowledge of digital skills. This is followed by Knowledge, where individuals gain a deeper understanding of digital tools and technologies. In the Ability stage, they develop practical skills to effectively apply their digital knowledge in the workplace. Finally, at the Transformation stage, individuals leverage digital technologies to drive innovation and digital transformation, enhancing digital efficiency across various sectors. The Digital Skills Framework offers multiple benefits, allowing individuals to assess their digital competencies, identify areas for improvement, and track their progress. Additionally, it helps organizations define the digital skills required in the labor market, enabling the development of human capital strategies and guiding recruitment processes in alignment with national and sectoral needs. Individuals and organizations can access the Digital Skills Framework and its resources by contacting the Digital Skills Working Group team via email at. MCIT encourages all stakeholders to explore the framework and urges organizations to adopt it within their workforce development programs. © Copyright Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (
