Sherif Abdel Malek MANAGING PARTNER, MAGDY ABDEL MALEK & CO. (MGM)

What sectors and services will lead MGM’s growth in Qatar in the medium term?

The need for business advisory services at this unusual and challenging business environment is more important than ever in every sector, creating many opportunities for our firm to growth in the medium term, especially since we have the qualified professionals capable of providing such services. The diversification efforts of Vision 2030 is the key factor for Qatar’s economy to sustain its continuous growth and high global ranking in general and will create an attractive environment where new opportunities are always there to be taken advantage of. We plan to grow in parallel with this market trends.

What impact is COVID-19 having and will have in the coming months on your daily operations?

Despite the negative impacts of COVID-19 on the business environment in general and on our daily operations in particular, in terms of delay, cash flow, and default payment problems, the adoption of the new digital tools and methods for carrying out the daily operations, such as working remotely with our staff and clients, complying with local laws requirements, and completing related transactions online for our clients and many others, have now been proven effective and efficient and have enhanced our services. We are currently reviewing in detail all aspects of our digital transformation to benefit from such advantages and improve the services provided to our clients, and this definitely will increase our efficiency and effectiveness and create additional opportunities for us to provide newly introduced digital services to our clients in the coming few months.