Wednesday, July 8, 2026
29.8 C
New Delhi

Qatar orders all businesses to record and update prices online to boost market transparency

Qatar orders all businesses to record and update prices online to boost market transparency

The Ministry of Commerce and Industry in Qatar now requires all businesses to record and regularly update product and service prices online/ Image: QNA

The Ministry of Commerce and Industry (MOCI) has issued a directive requiring all commercial, industrial, and public establishments in Qatar to record and regularly update the prices of commodities and services on the ministry’s official website.The initiative is designed to strengthen transparency in domestic markets, promote fair competition, and support Qatar’s ongoing digital transformation. By creating a centralised, up-to-date database of prices, the MOCI aims to provide consumers with clearer access to pricing information while helping businesses operate in a more transparent environment. The ministry emphasised that accuracy in submitted data is mandatory under Law No. 12 of 1972 on compulsory pricing and profit margins, particularly Articles 1, 6, 9, and 10, which regulate suppliers’ obligations. Establishments are expected to ensure all price entries comply fully with these legal provisions.The ministry further noted that it will continue to coordinate with operators of commercial activities to streamline the registration process and ensure enforcement of the relevant measures, in pursuit of stabilizing the market and safeguarding consumers’ rights.

About the ministry

The Ministry of Commerce and Industry (MOCI) of Qatar was officially organized under Decree-Law No. 32 in 2004, which formalized its structure and assigned its competencies. It is responsible for regulating commercial and industrial activities to ensure fair trade, competition, and consumer protection in Qatar. MOCI’s scope includes business licensing, market supervision, combatting fraud and monopolies, and supporting economic diversification aligned with Qatar National Vision 2030. The ministry was established to create a competitive business environment with a self-reliant private sector aware of consumer rights and business obligations. Sheikh Faisal bin Thani Al Thani was appointed as minister in November 2024. The ministry actively enforces regulations and promotes sustainable economic growth and foreign investment.

Go to Source

Hot this week

‘Will hit even deeper’: Trump warns Iran as Tehran vows ‘no American soldier will return alive’

US and Iran warn each other of impending escalations US President Donald Trump said the United States will “probably” carry out more strikes on Iran later Wednesday, warning Washington was prepared to hit even deeper and Read More

Scientists say NASA should quarantine alien life on the Moon before any space samples are brought back to Earth

Image Credit: Canva As humanity prepares for a new era of space exploration, NASA and other space agencies are planning ambitious missions to Mars and other distant worlds that aim to bring back valuable rock, soil and ice samples. Read More

Government floats RFP for coal gasification projects

Representative image NEW DELHI: Giving a push to its ambitious coal and lignite gasification programme, govt Wednesday floated a request for proposal (RFP) inviting companies to set up projects under its Rs 37,500-crore incentive sc Read More

The Pitt leads Emmys race, but Stranger Things snubbed in top categories – see the nominations

John Johnson/HBO Max Ian Youngs Culture reporter 30 minutes ago US medical drama The Pitt and comedy Hacks lead the nominations for this year’s Emmy Awards, America’s most coveted TV honours. Read More

Ayodhya Ram Mandir Donation Row Reaches Supreme Court; Plea Seeks CBI Probe, SIT Investigation

Show Quick Read Key points generated by AI, verified by newsroom Supreme Court petitioned for court-monitored probe into donation theft. Preliminary SIT report names Avinash Shukla as main accused. Read More

Topics

‘Will hit even deeper’: Trump warns Iran as Tehran vows ‘no American soldier will return alive’

US and Iran warn each other of impending escalations US President Donald Trump said the United States will “probably” carry out more strikes on Iran later Wednesday, warning Washington was prepared to hit even deeper and Read More

Scientists say NASA should quarantine alien life on the Moon before any space samples are brought back to Earth

Image Credit: Canva As humanity prepares for a new era of space exploration, NASA and other space agencies are planning ambitious missions to Mars and other distant worlds that aim to bring back valuable rock, soil and ice samples. Read More

Government floats RFP for coal gasification projects

Representative image NEW DELHI: Giving a push to its ambitious coal and lignite gasification programme, govt Wednesday floated a request for proposal (RFP) inviting companies to set up projects under its Rs 37,500-crore incentive sc Read More

The Pitt leads Emmys race, but Stranger Things snubbed in top categories – see the nominations

John Johnson/HBO Max Ian Youngs Culture reporter 30 minutes ago US medical drama The Pitt and comedy Hacks lead the nominations for this year’s Emmy Awards, America’s most coveted TV honours. Read More

Ayodhya Ram Mandir Donation Row Reaches Supreme Court; Plea Seeks CBI Probe, SIT Investigation

Show Quick Read Key points generated by AI, verified by newsroom Supreme Court petitioned for court-monitored probe into donation theft. Preliminary SIT report names Avinash Shukla as main accused. Read More

No Cap With Megha Prasad | Why India’s E20 Fuel Rollout Is Facing Fresh Questions

Show Quick Read Key points generated by AI, verified by newsroom Report suggests E20 fuel harms rubber components in vehicles. Government defends E20 program, cites no evidence of damage. Read More

Trump’s Board of Peace planning pilot ‘humanitarian zone’ in south Gaza: Official

Trump aims to create ‘humanitarian zones’ in Rafah US President Donald Trump’s Board of Peace is planning a pilot “humanitarian zone” in southern Gaza that would aim to accommodate tens of thousands of Read More

‘No territory use against India’: Myanmar assures Delhi at border security talks

NEW DELHI: India and Myanmar held a national level meeting held here on Wednesday and Thursday, reviewing the prevailing security situation along their border, with Myanmar assuring Delhi that it shall not permit its territory to be u Read More

Related Articles