
Doha: Qatar University College of Law hosted a seminar to discuss effects 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 2015’, the event aimed to draw attention to the most significant changes in the law and their role in the development of the investment sector and to define the link between corporate law and companies registered under Qatar Finance Center.
College Dean Dr Mohammed bin Abdulaziz Al Khulaifi, QU vice-presidents, faculty, students and staff took part.
The event brought together over 100 legal academics, counsels, researchers, practitioners from the Emiri Diwan and local and international law firms to share ideas, knowledge and experiences in the importance of corporate law and come up with recommendations to analyse new rules governing the board of directors of joint stock companies.
The programme featured presentations by Dr Ehab El Sonbaty, Legal Consultant and Consular, Qatar Investment Authority; Dr Rawan Al Louzi, Assistant Professor of Commercial Law at the college; Dr Bassem Melhem, Associate Professor of Commercial Law, Qatar Police College; and Dr Zain Sharar, Senior Legal Counsel, Qatar International Court and Dispute Resolution Centre.
They spoke 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 highlights the college’s commitment to advance Qatar’s legal sector and provides a platform to draw attention to 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 ensuring 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, serve to regulate relationships between individuals and the Authority and are aligned with society’s growth and ability to adapt in a fast-changing world.”
The Peninsula