Doha: The Ministry of Commerce and Industry (MOCI) announced that Ooredoo Money has joined the Single Window Platform as the first fintech company, under a cooperation agreement signed by the Ministry with Ooredoo Fintech Qatar. According to Qatar News Agency, the agreement is part of the Ministry's efforts to expand available services, integrate with the private sector, and enhance services for the business sector.
The pact was signed by Director of the Single Window Department at MOCI, Mubarak Abdulrahman Al Khulaifi, and Country Head at Ooredoo Fintech Qatar, Mashail Abdulfattah. Under the agreement, investors, business owners, and entrepreneurs will be able to apply for an Ooredoo Money Merchant Wallet as part of the Commercial Registration process through the Single Window Platform, in accordance with applicable laws.
The service aims to facilitate access to digital payment solutions and financial services that support business growth, reducing reliance on manual transactions and paper documents, thereby simplifying the investor journey and improving procedural efficiency.
Al Khulaifi stated that this agreement is part of a series of collaborations with financial institutions in the country, aiming to provide high-quality services, facilitate procedures, and enhance service efficiency through a unified digital platform. He emphasized the agreement's role in enhancing the Single Window Platform as the main government destination for business in Qatar, reflecting the Ministry's commitment to strategic partnerships that simplify procedures, accelerate transactions, and enhance the investment environment, aligning with Qatar National Vision 2030.
Mashail Abdulfattah highlighted that enhancing financial inclusion for the business sector begins with facilitating access to financial services. She noted that integrating Ooredoo Money services into MOCI's Single Window Platform addresses challenges faced by investors and entrepreneurs, supporting the growth of small and medium-sized enterprises in Qatar through a more integrated digital ecosystem.