Doha, Qatar: Following national efforts to enhance legal efficiency, Qatar has advanced its positions in the World Bank Group’s Enforcing Contracts Indicator and the Quality of Judicial Process for 2020. The ranking is driven by leading legal entities such as the Qatar International Court and Dispute Resolution Centre (QICDRC), who align with international best practices to enhance the judicial process.
With an overall score of 52.79, Qatar now ranks 54.60 in the Enforcing Contracts Index and ranking 4.5 in the Quality of Judicial Progress, where it was 3.5 for the last three consecutive three years. This represents an improvement across several measurement areas compared to previous years.
The World Bank’s 2020 Doing Business Report assesses the regulations affecting domestic firms in a total of 190 counties. Each country ranking is determined by a comprehensive assessment of ten indicators impacting the ease of doing business, including ongoing reform efforts. Earlier this year, Qatar was ranked in the report’s top-20 'Improvers in Doing Business’ based on measurable strides in the modernisation of public services and regulatory reforms.
The QICDRC has effectively reduced time and costs associated with alternative dispute resolution hearings in Qatar, contributing to the country’s overall rise in the Enforcing Contracts Indicator.
QICDRC officials met with representatives from the World Bank Group two times, last year and earlier this year, to discuss ways to enhance judicial proceedings and help develop a positive investment environment in Qatar.
Commenting on the enhanced global ranking, Faisal al-Sahouti, CEO of QICDRC, said: The improved rankings in Qatar reflects the collaborated efforts of all the institutes in Qatar that relates to both of the indexes, and shows that Qatar is committed to continue its mission to improve the judicial and legal services which aligns with the Qatar’s vision to attract foreign investors by offering them a healthy legal and judicial environment for their investments in the State of Qatar. Qatar’s enhancement plans for its legislation and economy shall push other indexes to improve and score higher ranking too in the coming years “
Since its establishment in 2009, QICDRC has grown an accessible judicial framework to attract direct foreign investment within Qatar Financial Centre and contribute to Qatar’s economic diversification plans as outlined by Qatar National Vision 2030.