Latest news with #AlAthba
Qatar Tribune
28-05-2025
- Business
- Qatar Tribune
Qatar's trade with Malaysia grows 80% to QR5.2 billion: QC
Tribune News Network Doha Trade relations between Qatar and Malaysia have witnessed remarkable growth, with bilateral trade increasing by 80 percent in 2024 to reach QR5.2 billion, up from QR2.9 billion in 2023, according to Rashid bin Hamad Al Athba, second vice chairman of Qatar Chamber. Al Athba made the announcement during the ASEAN-GCC-China Economic Forum held in the Malaysian capital on Wednesday. The event brought together senior government officials, business leaders, and investors from ASEAN, GCC countries, and China to explore economic cooperation and strategic investments across key sectors. Qatar Chamber participated in the forum with a delegation headed by Al Athba and included board members Eng Ali bin Abdul Latif Al Misnad and Nasser bin Suleiman Al Haidar. The forum featured high-level sessions on boosting investment between ASEAN, GCC, and China, the role of artificial intelligence in transforming industries, and accelerating growth in energy and logistics sectors across the ASEAN region. On the sidelines of the forum, Al Athba held bilateral meetings with regional leaders to strengthen economic ties. He met with Minister of Finance and Economy of Brunei Dato Amin Abdullah where both sides discussed opportunities for collaboration and the signing of new cooperation agreements with the Brunei Chamber of Commerce and Industry. Al Athba also met with Malaysia's Deputy Minister of Investment, Trade and Industry Liew Chin Tong. The two discussed ways to deepen trade and economic cooperation between Qatar and Malaysia, as well as enhancing mutual investments in diverse sectors. Speaking to the media, Al Athba emphasised the readiness of Qatar's private sector to expand cooperation with ASEAN countries. 'ASEAN is one of the world's fastest-growing economic regions, strategically located on global trade routes and home to a population of approximately 690 million. These attributes make it highly attractive to Gulf investors looking to scale their global footprint,' he said. He called on business leaders in ASEAN countries and China to explore Qatar's dynamic business environment, benefit from the investment incentives on offer, and form commercial alliances with Qatari companies. The forum reaffirmed Qatar Chamber's commitment to advancing economic collaboration between Qatar, ASEAN countries, and China, while also promoting Qatar as a leading hub for trade and investment in the region.
Qatar Tribune
26-05-2025
- Business
- Qatar Tribune
Qatar Chamber highlights Qatar's longstanding ties with Brazil at trade and investment seminar
Tribune News Network Doha Qatar Chamber took part in the Brazilian Northeast Trade and Investment Seminar held on Sunday in Doha. The high-level event was attended by Rashid bin Hamad Al Athba, Second Vice-Chairman of Qatar Chamber, William Adibe Junior, president of the Arab-Brazilian Chamber of Commercem, Ambassador of Brazil to Qatar HE Marcelo Dantas as well as several governors and senior executives from major companies across Brazil's Northeast region. In his address, Al Athba highlighted that the seminar underscores the strength and depth of the longstanding ties between Qatar and Brazil, particularly in the areas of trade and investment. He noted that bilateral economic relations have grown steadily over recent years, with trade volume reaching approximately QR1.3 billion in 2024 — a testament to the shared commitment of both nations to deepen commercial collaboration. Al Athba emphasised that Qatar offers one of the most attractive investment destinations in the region, thanks to its world-class infrastructure, stable economy, and business-friendly legislation. He pointed out that 18 Brazilian companies currently operate in the Qatari market — one fully owned by Brazilian capital and the remaining 17 established as joint ventures with Qatari partners across various sectors. He reaffirmed Qatar Chamber's readiness to support the creation of more such partnerships and noted the chamber's ongoing efforts to provide platforms that facilitate direct engagement between Qatari and Brazilian businesscommunities. Commenting on the economic potential of Brazil's Northeast, Al Athba said the region's rich natural resources, skilled human capital, and growing industries make it an appealing destination for Qatari investments. He added that Qatar Chamber welcomes initiatives that seek to strengthen cooperation between businesses in both countries. For his part, William Adibe Junior praised the growing trade and economic ties between Brazil and Qatar, expressing optimism about future opportunities. He noted that the Northeast region — which comprises nine states — offers promising investment prospects in sectors such as renewable energy, agriculture, industry, artificial intelligence, infrastructure, and logistics, all of which align well with Qatar's investment interests. Echoing these sentiments, Marcelo Dantas described the Northeast as Brazil's fastest-growing region. He highlighted lucrative opportunities for Qatari investors, particularly in infrastructure development, including ports and airports, as well as in the tourism and hospitality sectors. The seminar served as an important platform for exchanging ideas, exploring synergies, and identifying new avenues for mutually beneficial economic cooperation between Qatar and Brazil.
Qatar Tribune
25-05-2025
- Business
- Qatar Tribune
Qatar, Brazil trade volume reached QR1.3 bn in 2024: Qatar Chamber
DOHA: The Qatar Chamber has revealed that the volume of trade between the State of Qatar and Brazil reached approximately QR1.3 billion in 2024. This came during the 'Brazilian Northeast Trade and Investment' Seminar, held on Sunday. The event was attended by Second Vice-Chairman of Qatar Chamber Rashid bin Hamad Al Athba; President of the Arab-Brazilian Chamber of Commerce William Adibe Junior; Ambassador of the Federative Republic of Brazil HE Marcelo Otavio Dantas Loures da Costa, along with several state governors and executives of major companies from the Northeast region of Brazil. In his speech, Al Athba stated that the convening of this investment seminar reflects the depth of the friendly relations between the State of Qatar and the Federative Republic of Brazil, particularly in the trade and economic fields. He noted that bilateral relations have witnessed significant development in recent years, which is clearly reflected in the level of bilateral trade, indicating both sides' commitment to expanding trade cooperation. The chamber's Second Vice-Chairman highlighted that Qatar offers one of the most attractive investment environments in the region, thanks to its advanced infrastructure, stable economic policies, and investor-friendly legislative framework. He also noted that 18 Brazilian companies are currently operating in the Qatari market, one of which is fully owned by Brazilian capital, while 17 are joint ventures with Qatari partners, operating in a variety of sectors. He affirmed that Qatar Chamber encourages and supports the establishment of more such partnerships and continuously seeks to create new platforms to foster communication between the private sectors of both countries. Al Athba added that the Northeast region of Brazil, with its natural and human resources and promising economic sectors, represents a strategic opportunity to enhance trade and investment exchange. He emphasized that Qatar Chamber is open to any initiative that aims to strengthen cooperation between the Qatari and Brazilian business communities. For his part President of the Arab-Brazilian Chamber of Commerce William Adibe Junior, praised the strong relations between Qatar and Brazil, especially in trade and economic sectors, and expressed the shared desire to further develop these ties. He pointed out that the Northeast region comprises nine states and is rich with profitable investment opportunities, particularly in renewable energy, industry, agriculture, artificial intelligence, infrastructure, and logistics, all of which are likely to attract the interest of Qatari investors. The Ambassador of Brazil to the State of Qatar also praised the strong ties between the two countries. He highlighted that the Northeast is the fastest-growing region in Brazil and offers investment opportunities in infrastructure, including ports and airports, as well as in the tourism and hospitality sectors.
