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Bank accounts for 1.2 million blue-collar workers in Qatar

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Doha QATAR Central Bank (QCB) has made it mandatory for all banks in the country to be part of the Wage Protection System (WPS) enabling all blue-collar workers to receive their salaries through banks. Citing a circular from QCB, Commercial Bank Executive General Manager Dean Proctor told Qatar Tribune that banks have been asked to provide full banking services to …

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Daruna applauds the adoption of the Qatar Wage Protection System

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Doha (AFP) – Qatar on Tuesday officially launches one of its most “significant” labour reforms to guarantee migrant workers’ wages, but rights groups are concerned over implementation of the new regulations. The Wage Protection System (WPS) aims to ensure that migrant labourers, many working on 2022 World Cup-related projects, will finally receive their pay on time. Under the new system, …

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Wage Protection System in Qatar from August 18th

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DOHA: Qatar is to launch on August 18 the much-awaited Wage Protection System (WPS) whereby all private sector workers will be paid salaries online through banking channels. An extensive database of all workers as part of WPS is ready with the Ministry of Labour and Social Affairs, having been prepared in cooperation with Qatar Central Bank (QCB) and the Ministry …

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Qatar’s construction sector most robust in GCC, World Cup or not

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Fueled by major infrastructure and real estate projects, Qatar’s construction sector is expected to grow by an average of 10 percent a year until 2025 – making it the strongest in the GCC, according to a new report. In an industry trend analysis released this week, BMI Research noted that the sector’s pace of growth slowed to 11.4 percent this year, down from 18 percent …