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Qatar Chamber looks to burnish lackluster gold and jewellery sector

A photo of a Qatar Chamber meeting underway in Doha. (QNA)
  • The chamber meeting discussed bottlenecks facing the sector and the proposals received by the committee as per the results of a survey conducted last month
  • In order to develop the sector, the gold and jewellery committee was recently established to address and discuss the issues facing the sector in the country

Doha, Qatar— In order to remove obstacles facing the gold and jewellery sector in the country, Qatar Chamber has reviewed the results of a survey conducted by the chamber’s Gold and Jewellery Committee last month.

Qatar Chamber board member and Chairperson of the Gold and Jewellery Committee Naser bin Suleiman Al Haider presided over the committee’s second meeting at the chamber’s venue in the presence of other members.

The meeting touched on the most prominent obstacles facing the sector and the proposals received by the committee according to the results of a survey that was conducted by the Chamber’s Committees and Business Councils Department last month.

The committee further discussed the priority topics that will be addressed in the coming period, in addition to the appropriate mechanisms to deal with them.

During the meeting, the committee members agreed to prepare for a joint meeting with representatives of the relevant bodies to review the committee’s views and ways of removing the obstacles facing the sector.

It was also emphasized that the committee continues to receive observations on any obstacles facing the sector through the committees and business councils department.

The gold and jewellery committee was recently formed with the aim to address and discuss the issues and obstacles facing the gold and jewellery industry, as well as work to develop the sector, which comprises three main branches: gold trade, jewellery trade, and gold and jewellery factories.

In March this year, Qatar Chamber established a committee for gold and jewellery to address obstacles facing this sector and work to develop it as it is considered one of the most important economic sectors.

During the meeting, Ali Hassan Al Khalaf was elected Vice-Chairman of the Committee. The meeting reviewed an overview about the committee, its vision, objectives, and work mechanisms.

The committee agreed to prepare an electronic form in Arabic and English languages to be sent to all members, gold firms and other related companies to learn about the obstacles facing this sector.

It also agreed that the gold sector shall be divided into three subsectors: the gold trade, the jewelry trade and the gold and jewelry factories.