Ministry of Labour introduces e-service for amending occupations on work permits
September 28, 2023
The new service allows employers to modify the occupations and professions of their employees with a valid work permit electronically. The new service also allows a direct progression to the attestation system for contracts between the employer and the employee and the export of information about the modified occupation to the Ministry of Interior.
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The Qatar Central Bank (“QCB”) announced amendments to the real estate financing (mortgage) regulations, including setting out the maximum loan-to-value (“LTV”) ratios and tenures for mortgages within the State of Qatar, which will be applied to Qatari banks and subsidiaries within the country. Branches and subsidiaries of Qatari banks outside the State of Qatar will continue to comply with the host country’s regulatory authorities as long as the collaterals and financed properties are outside of Qatar.