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Business / Qatar Business

GTA signs partnership agreement with QFBA

Published: 14 Jan 2021 - 09:36 am | Last Updated: 05 Nov 2021 - 02:25 am
President of General Tax Authority, Ahmed bin Issa Al Mohannadi (right), and Chief Executive Officer of Qatar Finance and Business Academy, Dr. Khalid Mohammed Al Horr, during the signing ceremony in Doha recently.

President of General Tax Authority, Ahmed bin Issa Al Mohannadi (right), and Chief Executive Officer of Qatar Finance and Business Academy, Dr. Khalid Mohammed Al Horr, during the signing ceremony in Doha recently.

The Peninsula

The General Tax Authority (GTA) has signed a partnership agreement with the Qatar Finance and Business Academy (QFBA) to provide high quality and specialised training courses for GTA’s employees. 
The collaboration agreement was signed at the GTA’s headquarters in West Bay by GTA President Ahmed bin Issa Al Mohannadi and QFBA Chief Executive Officer Dr. Khalid Mohammed Al Horr.
Under the agreement, QFBA will provide specialised training programs for the GTA staff, which will enhance the knowledge transfer of internal expertise and empower national talents for organisational development purposes.
The agreement comes after a four-month coordination and work between the two parties to develop a training strategy covering various departments. The GTA aims to present the highest-quality training for its employees to enhance their expertise and contribute to developing their skills. The QFBA will present exclusive training programs to provide the opportunity for GTA’s employees to benefit from all advanced materials available for training purposes.
The agreement is part of GTA’s endeavor to promote Qatar National Vision 2030 by implementing tax policies to enhance the government’s revenues and support the diversification of Qatar’s economy for future generations. The agreement also came within the core tasks of the QFBA, as a leading national institution in providing international university degrees for finance majors and accredited international professional certificate programs.
Through this partnership, the QFBA will provide experts and consultants who will conduct workshops and training courses based on the GTA’s requirements for the next three years, focusing on specific areas related to the GTA’s nature of business. 
During the event, Al Mohannadi said: “I am delighted today to sign a collaboration agreement with the QFBA in training and financial consultancy. This initiative confirms our commitment to raising our national talents’ capabilities and competencies to keep pace with the GTA’s future requirements. We have chosen to partner with the QFBA because of its great experience in this field and the high-level training programs it presents”. 
Al Horr added: “We are proud to sign this agreement with the GTA. This provides vast opportunities for training and development programs for Qatari talents through various specialised training paths and various consultancy projects specifically tailored to GTA’s goals and employee needs. There is no doubt that this agreement reflects the GTA’s priorities in the sustainable development of its employees, thus, reflected in supporting the economic development of the country”.
It is worth mentioning that the partnership comes as a culmination of the GTA and the QFBA’s accomplishment in designing the strategic training plan for all GTA’s sectors until 2024, which contributed to present a model of partnership and collaboration that reflects best practices in professional planning for talent management, empowerment of national workforce, and organisational development. 
The agreement includes a wide range of training and consulting services for different tracks  including training needs assessment and building competencies, professional development programs for new employees, development of finance and accounting departments, strategic planning and business development, ISO quality management systems, customer service, as well as anti-money laundering and other areas which will be implemented by the joint-committee from both entities.