Doha: The State of Qatar is diligently and genuinely moving full steam ahead toward consolidating a modern corporate system that underpins leveraging cutting-edge technologies in managing services, Chief Executive Officer of the Qatar International Court and Dispute Resolution Centre (QICDRC) Faisal bin Rashid Al Sahouti has underlined.
According to Qatar News Agency, in his opening remarks at the Doha Legal Forum, Al Sahouti stressed that digital transformation has become an inevitable imperative, especially amid advancements in the digital economy, artificial intelligence, and electronic transactions that impose evolving legal challenges, prompting a profound corporate dialogue among judges and law enforcement men to put forward innovative legislative solutions.
Throughout the past years, the State of Qatar has witnessed a remarkable legislative renaissance in terms of issuing new laws and crucial amendments to the enforced legislation, in pursuit of keeping up with the nation's economic, social, and knowledge growth, he outlined.
These laws and amendments, Al Sahouti pointed out, strengthen the efficiency of corporate performance, streamline procedures, expedite transaction accomplishment, support the investment climate, deepen trust in the legal environment, and enhance Qatar's position on international competitive indicators, with a particular emphasis on consolidating the principles of transparency, good governance, and the rule of law as a pillar for any development resurgence.
Al Sahouti elaborated that Qatar has forged ahead to advance its legal and judiciary system through updating procedural frameworks, as well as the issuance of the Enforcement Law as an inevitable imperative to expedite litigation procedures, activate enforcement mechanisms, and facilitate litigants' access to justice; alongside the promulgation of the rules and procedures applicable before QICDRC and the Regulatory Tribunal of the Qatar Financial Centre (QFC), with an expansion of digital transformation initiatives to enhance litigants' confidence, accelerate the adjudication of disputes, and improve the quality of judicial rulings.
This inaugural forum positions itself as a platform to develop legislation and keep abreast of digital transformations, which came by dint of an honored initiative from the Ministry of Justice in tandem with QICDRC, as part of reinvigorating Qatar National Vision 2030 (QNV 2030) and the Ministry of Justice Strategy 2025-2030, Al Sahouti highlighted.
He noted that the forum sheds light on the salient legislation the nation has issued, particularly commercial legislation and its impact on promoting the investment climate, as well as confidence in Qatar's legal system.
Al Sahouti suggested that the forum represents a high-stakes platform to share expertise and experiences, in addition to envisioning the best avenues for setting out combined legal and statutory frameworks that genuinely keep up with digital transformations and achieve a balance between technological innovation and assurances of justice and the rule of law.
This year's Forum addresses a range of key legal matters, including legislative policy in light of emerging trends, alternative dispute resolution mechanisms, the legal regulation of the energy sector, financial services and financial technology, public-private partnership contracts, the role of the Free Zones Authority and Media City in fostering the investment climate, the legal regulation of the use of AI-powered technologies, the commercial bankruptcy regime, the extent to which legislation keeps pace with QNV 2030, and spotlighting the role of QFC in supporting investment flows, Al Sahouti noted.
Finally, Al Sahouti hoped that the forum would achieve its objectives of sharing expertise and fostering constructive legal dialogue, thereby contributing to developing the legal system and strengthening Qatar's position as a secure and safe crossroads for attracting investment.
He underscored the nation's commitment to the rule of law and the role of justice in achieving development and stability.