The Ministry of Commerce and Industry has announced a strategic partnership with Ooredoo Fintech, as part of the Ministry’s efforts aimed to support private sector growth and streamline doing business nationwide. The collaboration simplifies financial transactions for businesses— particularly small and medium enterprises (SMEs)— by integrating with the Ministry’s Single Window platform.
Under the partnership, entrepreneurs and investors will be able to open Ooredoo Money accounts and access a comprehensive range of financial services, including commercial wallets, the Wage Protection System (WPS), and bulk payment services. The initiative will enable SMEs to manage their financial resources more efficiently through flexible and secure payment solutions, supporting their long-term expansion and growth.
Commenting on the partnership, Mr. Saleh Majid Al-Khulaifi, Assistant Undersecretary for Industry and Business Development at the Ministry of Commerce and Industry, noted that this collaboration reflects the Ministry’s commitment to fostering a competitive business environment and strengthening the private sector. He added that the initiative meets the needs of SMEs by allowing access to flexible financial solutions that facilitate transactions, enhance financial management, and boost growth opportunities.
"Through our collaboration with Ooredoo Fintech, we are introducing advanced financial tools that support business sustainability and enhance Qatar’s investment climate," he stated.
Mr. Ayed Manahi Al-Qahtani, Assistant Undersecretary for Commerce Affairs at the Ministry of Commerce and Industry, highlighted that this partnership aligns with the Ministry’s efforts to accelerate digital transformation in the business environment. He reiterated the Ministry’s commitment to fostering an advanced business ecosystem by facilitating access to digital financial services and enabling companies to conduct transactions quickly and efficiently.
"Through the Single Window platform, businesses will benefit from innovative financial solutions that streamline their operations and enhance their financial stability," he added.
About the Single Window Platform
The Single Window is a fully-integrated platform that provides a wide range of electronic services, including business registration, commercial licensing, and various government transactions, simplifying business procedures and improving the overarching business environment nationwide.
The platform offers a seamless and efficient user experience, allowing investors to access services 24/7 in Arabic and English. It provides over 30 main services and 149 sub-services, integrated with 17 government entities, along with electronic signature services.
For more information, please visit: sw.gov.qa
