Page 49 - Annual Report 2022 EN
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                   A Commitment to Business Excellence




                   EFQM Nomination                                                                           Lughatna 2023                                                                              Mustalahat: A Platform for Translation


                   The Corporate Services division of the QFCRA                                              Lughatna or “Our Language” is a bilingual lexicon                                          In 2023, the QFCRA launched Mustalahat, a platform

                   achieved a remarkable feat in October 2023,                                               produced by the QFCRA’s Translation department with                                        that supports the sector’s shared strategy to enhance

                   when it became a finalist for the prestigious EFQM                                        the aim to promote the use of consistent language and                                      cooperation. Mustalahat provides a repository of key

                   Business Transformation Team Award. This honour                                           communication across the financial and regulatory                                          terms, glossaries and shared documents used in the
                   celebrated the QFCRA’s exceptional performance in                                         sectors in Qatar. Following the success of Lughatna in                                     financial services sector in Qatar and facilitates the

                   innovation and transformation, as demonstrated by its                                     2017, the QFCRA launched its second edition in 2023,                                       harmonisation of the legal, financial and business

                   successful Cloud-First Strategy in 2022, its ongoing                                      updating key terminologies relating to the general                                         terminology used among the QCB, QFMA and QFCRA.

                   modernisation of cloud-based applications, and Al                                         business of the QFCRA and governmental entities.
                   Masar, the QFCRA’s award-winning nationalisation
                                                                                                             Serving as a reference, Lughatna 2023 contains
                   programme. The QFCRA showcased its excellence
                                                                                                             the correct business terms and terminology of the
                   at the EFQM Middle East Summit, where the EFQM
                                                                                                             QFCRA and financial institutions, catering to internal
                   Model is a globally recognised practical framework for
                                                                                                             and sectoral needs across the State of Qatar.
                   organisational change and performance improvement.


                                                                                                             Lughtna is part of Ta’arib, the QFCRA’s Arabisation

                                                                                                             programme that aims to promote Arabic business
                                                                                                             communication in support of Qatar’s national

                                                                                                             effort in preserving the Arabic language.
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