The Qatar University College of Law (LAWC) hosted a seminar last week on the effect of new corporate law on the structure and growth of the business sector in Qatar.
Themed New Qatari Legislation Series: New Corporate Law No 11 for the year 2015, the seminar was aimed drawing attention to the most significant changes in new corporate law and their role in the development of the investment sector in Qatar, and the link between corporate law and the companies registered under the Qatar Finance Centre.
Attendees included LAWC dean Dr Mohammed bin Abdulaziz al-Khulaifi, as well as Qatar University officials and faculty members.
The seminar brought together more than 100 legal academics, counsels, researchers, practitioners from the Emiri Diwan and various local and international law firms to share their ideas, knowledge and experience on the importance of corporate law and come up with recommendations on the new rules governing the board of directors in joint stock companies.
The programme agenda featured presentations by Qatar Investment Authority’s Dr Ehab El Sonbaty, LAWC assistant professor of commercial law Dr Rawan al-Louzi, Qatar Police College associate professor of commercial law Dr Bassem Melhem, and Qatar International Court and Dispute Resolution Centre (QICDRC) senior legal counsel Dr Zain Sharar.
They presented on “Updates in New Corporate Law and Compliance Requirements”, “Types of Companies in New Corporate Law”, “Flashes on Governing Rules of Board of Directors in Public Joint Stock Companies”, and “New Corporate Law: Competition or Integration with QFC rules.”
Dr al-Khulaifi said: “The event which highlights the college’s commitment to advancing Qatar’s legal sector, provides a platform to draw attention on the most significant changes in Qatari legislations and their positive and negative impact on the country’s development in the areas of economy and investment. It also contributes to ensure that new legislations are not subject to interpretation, which preserves individuals’ rights and the stability of transactions. Legislations are at the heart of building the country’s legal system.”