
QC discusses economic ties with Turkish planning association
Doha
Qatar Chamber (QC) Acting General Manager Ali Bu Sharbak Al Mansouri met with Turkish Association for Economic Planning (EPIAD) President Ahmad Yahya Matar to discuss ways to strengthen Qatari-Turkish economic ties.
The meeting focused on enhancing trade exchange, joint investments, and cooperation between private sectors in both countries. Al Mansouri reaffirmed Qatar chamber's commitment to boosting ties with Turkish institutions and highlighted existing agreements with key Turkish economic bodies.
Matar expressed the Turkish side's interest in deepening cooperation, particularly in tourism and business, and called for greater private sector engagement to promote bilateral trade.
The two sides also explored prospects for organizing joint business forums and trade delegations, aimed at facilitating direct partnerships between Qatari and Turkish companies across a wide range of sectors including construction, real estate, manufacturing, and services.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

ILoveQatar.net
8 hours ago
- ILoveQatar.net
Doha ranks 5th on the Tax Friendly Cities Index 2025
Global mobility platform Multipolitan has released its Tax Friendly Cities Index 2025, identifying the top cities that foster favourable tax environments backed by stable governance. The index assesses tax friendliness in 164 countries based on three main metrics: Tax Rate Environment, International Tax Accessibility, and Governance Quality. Tax Friendly Cities Index 2025 GCC cities, including Doha, Abu Dhabi, Dubai, and Kuwait City, stand out as top performers. Doha ranks 5th with a score of 611.9. According to the General Tax Authority, Qatar does not impose personal income tax on employees' salaries, wages, or allowances. Additionally, inheritance, estates, and net wealth are also not taxed. Most foreign businesses are subject to a flat 10% profit tax, whereas local Qatari-owned companies are often exempt from corporate tax.


Qatar Tribune
19 hours ago
- Qatar Tribune
QDB signs deal with entrepreneurs club to support startups
QNA Doha Qatar Development Bank (QDB) and Young Entrepreneurs Club, operating under the Ministry of Sports and Youth, signed a partnership agreement on Tuesday aimed at fostering entrepreneurship and innovation in Qatar. The agreement seeks to integrate the Club's existing programmes and initiatives with the comprehensive support network and resources provided by QDB, ensuring a positive and effective impact that furthers both sides' efforts to build a thriving entrepreneurial ecosystem, empower young innovators, and strengthen the small and medium-sized enterprise (SME) sector nationally. Under the agreement, QDB will serve as one of the Club's main supporters, backing various initiatives including conferences, entrepreneurial events, and year-round workshops designed to support entrepreneurs. The bank will also support the platform and app and collaborate on knowledge sharing and mentorship to expand opportunities within Qatar's entrepreneurshiplandscape. Commenting on the agreement, QDB Senior Marketing and Communications Manager Ahmad Hassan Al Mahasna stated that this partnership marks a new step toward further development in Qatar's entrepreneurship sector, particularly among youth who are increasingly seeking to play an active role in the investment space. They are pleased to collaborate with their partners at the Young Entrepreneurs Club and look forward to supporting their activities and events to help shape the next generation of business leaders. Their presence at this year's Rowad Conference will undoubtedly add value and enhance its success. Adding that they reaffirm their strong commitment to empowering the entrepreneurial ecosystem and supporting creative youth across key priority sectors and industries that form the backbone of successful and advanced economies. For his part, Chief of Membership and Organization at the Young Entrepreneurs Club, Abdulrahman Tarek Al Emadi, stressed the importance of this strategic move, stating that they believe that impactful partnerships with national institutions like QDB are essential to empowering our ambitious youth. This agreement is a valuable addition to their mission of nurturing entrepreneurial projects and strengthening the capabilities of Qatari entrepreneurs. They look forward to launching innovative programs and initiatives through this collaboration, which will help create a sustainable and competitive business environment locally and globally. This agreement is part of QDB's ongoing efforts to enhance the local entrepreneurial environment and provide Qatari youth with greater opportunities to contribute to the national economy, in line with Qatar's vision for a diversified, knowledge-based economy that champions innovation.


Qatar Tribune
2 days ago
- Qatar Tribune
GWC reports first half net profit of QR62.46 mn on revenue of QR712.69 mn
Tribune News Network Doha Gulf Warehousing Company (GWC), one of the fastest-growing businesses in the MENA region, on Tuesday announced that the company reported total revenues of QR712.69 million and a net profit of QAR 62.46 million, while earnings per share stood at QAR 0.100 during the same period. GWC Chairman Sheikh Mohammed bin Hamad bin Jassim bin Jaber Al Thani said, 'Logistics plays a vital role in facilitating the movement of goods and services and boosting both domestic and international trade. It also serves as a fundamental pillar in diversifying the national economy in line with the Third National Development Strategy and Qatar National Vision 2030. With its strategic advantages, Qatar is well-positioned to become a global logistics hub. In this context, GWC is proud to support the growth of the logistics sector, maintaining a leading position in the Qatari market by offering a comprehensive range of services that include warehousing, distribution, records management solutions, logistics hubs, freight forwarding, fine art logistics, transportation, air and sea freight, and customs clearance.' He said, 'We are steadily increasing our support for small and medium-sized enterprises (SMEs) through Al Wukair Logistics Park, which spans 1.5 million square meters and offers world-class infrastructure and a solid platform for business growth and expansion. At the same time, we are fully prepared to seize the opportunities presented by the North Field Expansion Project —the world's largest LNG project currently under construction—with the first phase set to begin production by mid-next year. In February, GWC launched a cutting-edge logistics hub in Ras Laffan, dedicated to serving Qatar's oil and gas industry. This facility complements the operations of GWC Energy, a wholly owned subsidiary of GWC.' GWC Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber Al Thani said, 'The company continues to implement an expansion strategy based on a solid financial foundation and a diversified portfolio of investments across sectors and geographies. This approach enables us to adapt to fluctuations in the operational environment, diversify income sources, and reinforce the company's leadership in the regional logistics sector. At the same time, we are undertaking a comprehensive development of our services, focusing on seizing investment opportunities with carefully studied risks and returns, enhancing our competitive capabilities, and maintaining sustainable profitability through prudent risk management.' He said, 'Our subsidiaries continue to expand regionally and forge strategic partnerships in high-potential markets. At the same time, we are expanding into new sectors while entering new markets. As part of this growth, GWC has signed a strategic service agreement with Huawei to provide delivery services for its official e-commerce store across Qatar, ensuring an exceptional customer experience. This move marks a significant expansion in the e-commerce sector and aligns with our strategy to offer innovative logistics solutions.' GWC Group Acting CEO Matthew Kearns said, 'Capital Intelligence, the international credit rating agency, has assigned GWC its first-ever Long- and Short-Term ratings on the Qatar National Scale of 'qaA-' and 'qaA2', respectively, with a Stable outlook. This recognition reflects the company's strong market position and the resilience of our business model amid global challenges.' He said, 'We maintain a strong focus on driving innovation in our logistics solutions while accelerating sustainability initiatives across all our operations. Recently, GWC partnered with Yellow Door Energy, a leading provider of sustainable energy solutions in the Middle East and Africa, to develop solar power stations at three of its key logistics centers: Logistics Village Qatar, Bu Sulba Warehousing Park, and Al Wukair Logistics Park. This initiative marks one of the largest private-sector solar energy projects in the GCC.'