Doha, July 28 (QNA) - The Ministry of Commerce and Industry (MOCI) has signed a cooperation agreement with Dukhan Bank to integrate the bank's services within the ministry's Single Window platform, as part of efforts to enhance public-private sector integration and improve services provided to investors through the Single Window platform.
The agreement was signed by Director of the Single Window Department at MOCI Mubarak Abdulrahman Al Khelaifi and General Manager and Head of Wholesale Banking at Dukhan Bank Ahmed Abdulaziz Al Emadi.
In a statement issued Tuesday, MOCI said that, under the agreement, Dukhan Bank will allow eligible investors to open bank accounts directly through the Single Window platform, in accordance with applicable laws and procedures. This service will expedite company registration procedures, streamline the investor journey, and reduce reliance on manual transactions and paper documents through a more efficient and integrated digital experience.
The ministry said the agreement confirms Dukhan Bank's leading role and its commitment to developing innovative banking solutions that comply with the provisions of Islamic Sharia, to support digital transformation efforts and enhance the business environment in the State of Qatar, the statement added.
Director of the Single Window Department at MOCI Mubarak Abdulrahman Al Khelaifi said that the signing of the agreement with Dukhan Bank comes as part of a series of partnerships the ministry is concluding with banks operating in Qatar to expand cooperation with the banking sector, facilitate procedures for investors and provide the services required to establish companies through a unified and integrated digital platform.
He said the agreement will further strengthen the Single Window platform as the government's primary portal for business establishment and services, while supporting efforts to enhance the investment environment, promote business sector growth, and boost the competitiveness, diversification, and sustainability of the national economy, in line with the goals of Qatar National Vision 2030.
For his part, General Manager and Head of Wholesale Banking at Dukhan Bank Ahmed Abdulaziz Al Emadi said Dukhan Bank is proud to be the first Islamic bank to sign a cooperation agreement with the MOCI to provide bank account opening services through the Single Window platform.
He said the partnership marks a significant step in the bank's ongoing efforts to develop integrated digital banking solutions that facilitate business establishment and improve the experience of investors and entrepreneurs.
He added that the collaboration highlights the importance of public-private partnerships in enhancing service efficiency and supporting the competitiveness of Qatar's business environment, noting that the bank will continue to support national initiatives aimed at accelerating digital transformation and contributing to building a diversified and sustainable economy, in line with the goals of Qatar National Vision 2030. (QNA)