MoCI organizes "MENA Forum" on best practices, innovative policies in insolvency

Doha, Qatar: The Middle East and North Africa (MENA) Forum on insovancy cicked off today under the theme Preserving Value Through Efficient Restructu...

Doha, Qatar: The Middle East and North Africa (MENA) Forum on insovancy cicked off today under the theme "Preserving Value Through Efficient Restructuring and Exit: Best Practices and Innovative Policies in Insolvency". The two-day forum is organized by the Ministry of Commerce and Industry (MOCI) in cooperation with the World Bank Group and INSOL International.

The opening session was attended by representatives from government and private entities in Qatar, as well as a select group of officials, experts, and specialists from various countries in the region and around the world.

The session featured speeches by representatives of the organizing bodies, who addressed the importance of developing insolvency and restructuring systems, strengthening regional cooperation to exchange expertise, and adopting international best practices in this field.

The first day featured a series of panel discussions and workshops where participants reviewed the experiences of several countries in developing legislation and implementation procedures in the field of insolvency, and discussed the most prominent current challenges in the region.