Posted on June 05, 2014
The Weekly Cabinet meeting, presided over by HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani, has approved a draft law on the financial system of the State which aims at optimizing the use of the public funds and to keep abreast with the best international practices and standards in public business.
The Cabinet also approved a draft decision forming the tenders and bidding committee at the Foreign Ministry. As per the draft decision, a committee for tenders and biddings is to be established at the Foreign Ministry to undertake functions of the central and local tenders committee as stipulated in the tenders and biddings related law. The committee will apply the provisions, measures and rules stipulated by the law. The Cabinet also approved the application of the provisions of law No 24 of 2002 concerning retirement and pensions of Qatari employees with Qatar Jet Fuel Company (QJet) and Woqod Vehicles Inspection (Fahes). It also approved the application of the provisions of the law No 24 of 2002  concerning the retirement and pensions of Qatari employees in the following companies:
 2- The Investors’ Group Company
 3- Arrayan Hospitality company
 4- Aventicum Capital Management Qatar
 5- Al Rayan Financial Brokerage and Al Rayan investment Companies affiliated to Masraf Al Rayan

Qatar Airways Baku

The meeting also approved a proposal to increase the annual financial support to Qatar Cancer Society. A proposal to host the 9th Arab Conference on World Trade Organisation (WTO) in Doha in October, 2014 was also approved. A draft memorandum of Understanding (MoU) between Qatar Tourism Authority and Qatar Airways, and a draft MoU between the governments of Qatar and Kenya were also approved.
The Cabinet then reviewed the following two topics and adopted the relevant decisions:
 1- The proposal of the Ministry of Transportation extending the exemption of Qatar Ports Management company of franchise fees set as per Article 3 of the Decree Law No 17 of 2009.
 2- The letter of HE the Minister of Justice concerning the legal adaptation of the draft memoranda of understanding between Qatar Financial Markets Authority (QFMA) and its counterparts in other countries.