Cash transactions above QR50,000 prohibited

Qatar Central Bank Tuesday tweeted details of Council of Ministers' Decision No. (10) of 2022 prohibiting the use of cash in transactions that exceed the value of QR50,000.The decision is applicable for sale, purchase and rental of - Properties of all kinds, and modifying it; vehicles of all kinds and their distinctive numbers; maritime transportation; all precious metals, gemstones and jewellery; and that of camels, horses, livestock and falcons, whether single or flocks.