Latest news with #MinistryOfCommerceAndIndustry
Zawya
4 days ago
- Business
- Zawya
Qatar: MoCI launches five new e-services, e-transactions rise by 5.38% in Q2
DOHA: Ministry of Commerce and Industry's (MoCI) Single Window platform launched five new electronic services in the second quarter (Q2) of this year and saw an increase of 5.38% in the electronic transactions on a quarterly basis. Minister of Commerce and Industry, H E Sheikh Faisal bin Thani bin Faisal Al Thani, stated in a post on his official X account, 'I am delighted to share the results of the Ministry's periodic monitoring system, our mechanism for measuring performance and evaluating impact. In the second quarter of 2025, the time taken to complete registrations and licenses decreased to two days (98% electronically), and 88% of customers expressed satisfaction with the Single Window services – as part of our commitment to improving the investment environment in the country.' 'The Single Window platform launched five new e-services during the second quarter of 2025, as part of our ongoing efforts to streamline procedures and enhance digital transformation. The percentage of e-transactions increased by 5.38% compared to the first quarter. We will continue developing the platform to make it faster, easier and provide more efficient services for investors,' the Minister added. The Ministry of Commerce and Industry Strategy 2024-2030 aims to accelerate the national economy and enhance the business environment in Qatar, achieving 100 percent digitalisation of all services and increasing the number of patents with an annual growth rate of 20 percent until 2030. The single window is performing a vital role in supporting investors in establishing and maintaining their business throughout different phases, starting from planning to digitally acquiring the needed governmental approval and registration using a single smart platform. The platform features an interactive interface that offers users a modern and friendly interface, allowing them to navigate various services at the push of a button. It also delivers a more streamlined customer experience that minimises time and effort to complete transactions. A wide range of services can be navigated through a central, single dashboard, giving investors access to an array of integrated services in one place, making it easy for users to track all their transactions. Minister of Commerce and Industry further stated that in the area of consumer protection, 'Our staff carried out 58,180 inspection campaigns to ensure market compliance and price control. All these indicators confirm the effectiveness of the monitoring system in supporting the implementation of the Third National Development Strategy and enhancing Qatar's competitive position regionally and internationally. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
15-07-2025
- Business
- Zawya
QIB and Mastercard announce cards summer spend campaign offering 10 million Absher points in rewards
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar's leading digital bank, and Mastercard have launched a Summer Spend Campaign offering QIB Mastercard Credit and Debit Cardholders the chance to win a share of 10 million Absher rewards points when using their cards internationally over the summer. During the 3-month campaign, ending on October 14, 2025, 60 winners will receive 100,000 Absher reward points each, while 4 grand prize winners will receive 1 Million Absher points each at the end of the campaign. A total of 64 winners will be selected randomly in monthly draws, in the presence of official representatives from the Ministry of Commerce and Industry and QIB. To qualify for the monthly draws, cardholders must spend a total of QAR 1,000 internationally in a month during the campaign period using a QIB Mastercard Credit or Debit Card, and doubling this amount doubles customers' chances to win. For the grand prize draw, customers must spend a total of QAR 15,000 internationally during the campaign period to receive one entry, with an additional entry earned for each additional QAR 15,000 spent. The campaign rewards cardholders for their international spending on QIB Mastercard Debit and Credit Cards throughout the summer travel season, with flexible redemption options available through the Absher rewards program. QIB's Absher rewards program allows customers to earn points across various banking activities, notably by using their Debit and Credit Cards. Customers can then redeem Absher points for flight tickets, hotel stays, online shopping, and e-vouchers at various partners including supermarkets, cinemas, gift shops as well as food and transport apps. Absher points can also be used to settle bills with Ooredoo, Vodafone and Kahramaa, while they can also be converted to airline loyalty programs including Qatar Airways Avios. Mr. D. Anand, QIB's General Manager – Personal Banking Group, said: 'This summer, we are pleased to reward our Mastercard cardholders for their international spending with the chance to win extra points. The Summer Spend Campaign reflects our continued focus on enhancing customer experience and reinforcing QIB's position as a leader in customer-centric banking.' Erdem Çakar, Country Manager, Qatar and Kuwait, Mastercard, said: 'Mastercard is delighted to continue our longstanding collaboration with QIB via this latest campaign. We are rewarding cardholders for their loyalty while empowering them with secure, seamless payment solutions on which they can rely as they travel over the summer.' Customers can apply for QIB Credit Cards instantly through the QIB Mobile App.
