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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.
Qatar Tribune
12-05-2025
- Business
- Qatar Tribune
Qatar Chamber signs slew of agreements with Hong Kong
Tribune News Network Doha Qatar Chamber (QC) signed on Monday five memoranda of understanding (MoUs) with the Hong Kong General Chamber of Commerce, the Federation of Hong Kong Industries, the Hong Kong Investment Authority, the Hong Kong Trade Development Council, and the Hong Kong Banking Association. Additionally, the Qatar International Centre for Conciliation and Arbitration (QICCA) signed an MoU with the Hong Kong Bar Association. These agreements were signed during a meeting between Qatar Chamber and John Lee, chief executive of the Hong Kong Special Administrative Region of China, who was accompanied by a high-level delegation comprising chairmen and founders of leading private and public companies from Hong Kong and mainland China. The meeting was attended by Minister of Finance HE Ali bin Ahmed Al Kuwari, Chairman of Qatar Chamber Sheikh Khalifa bin Jassim Al Thani, several members of the chamber's board of directors and a group of prominent Qatari businessmen. John Lee emphasised the strength of the economic and trade relations between Qatar and Hong Kong, affirming a shared commitment to further strengthening cooperation in the commercial, financial, and technological sectors. He noted that Qatar is one of the world's largest exporters of natural gas and a country with a thriving and diversified economy. He added that Qatar is currently Hong Kong's third-largest trading partner in the Middle East, and that Hong Kong is eager to build upon this distinguished partnership. Jogn Lee pointed out that the MoUs signed between the two sides during the visit would enhance cooperation in key sectors such as trade, economy, investment promotion, tourism, technology, and infrastructure. He affirmed that the agreements are expected to pave the way for the establishment of more commercial partnerships. Minister of Finance emphasised the deep relations between Qatar and Hong Kong, particularly in trade and investments, noting that there are venues of cooperation between business sectors of both countries to strengthen trade and capitalize on the existing relations in various sector such as tourism and aviation. Al Kuwari also pointed out that Hong Kong serves as a gateway for Asia, while Qatar serves as a gateway to the Middle East regions, highlighting that such business forums and MoU would contribute to developing commercial relations between both countries. In his remarks, Sheikh Khalifa praised the strong and steadily growing relationship between Qatar and Hong Kong, which is built on mutual trust, shared economic goals, and a joint commitment to creating new opportunities. He emphasised both sides' interest in deepening cooperation across various sectors, with a particular focus on the private sector—especially in trade, investment, finance, and smart industries. 'Trade exchange between the two sides witnessed a remarkable 70 percent growth, reaching QR2.2 billion in 2024, compared to QR1.3 billion in 2023,' he noted. He also highlighted Qatar's broader trade ties with China, stating that the total volume of trade between Qatar and China exceeded QR80 billion in 2024, of which QR62 billion represented exports—primarily natural gas and refined oil products. Sheikh Khalifa commended Hong Kong's achievements over the decades, highlighting its position as one of the world's leading economic and financial centres, its long-standing history of innovation and smart services, and its role as a pivotal trade gateway with an open and dynamic economic environment. 'This aligns with Qatar's future vision of building a diversified and sustainable economy founded on advanced knowledge and technology,' he said. Qatar Chamber's chairman emphasised the chamber's commitment to strengthening cooperation with the business community in Hong Kong and exploring joint investment opportunities. He highlighted that Qatar offers a wide array of economic prospects across key sectors, including artificial intelligence, infrastructure, financial services, advanced technology, energy, smart industries, and high-quality modern services. He further noted that Qatar has enacted a series of reforms and initiatives aimed at enhancing its investment climate and fostering a stable, business-friendly environment. These include the establishment of an advanced regulatory framework, the development of strategically located free zones that offer streamlined market access, simplified procedures supported by world-class infrastructure, and a range of tax exemptions. For his part, Daniel Lam, chairman of the Hong Kong Trade Development Council (HKTDC), emphasised the growing trade and investment cooperation between Hong Kong and the State of Qatar. He noted that the event aimed at deepening trade and investment relations with Hong Kong's key partners, expressing his eagerness to showcase numerous commercial opportunities. Lam highlighted Hong Kong's position as an ideal business platform across various sectors, including both traditional industries and emerging fields such as sustainability and environmentally friendly technologies. He also underlined Hong Kong's strategic role as a gateway to the Chinese market and reaffirmed the HKTDC's commitment to strengthening trade relations with Qatar. Meanwhile, Qatar Chamber hosted a roundtable meeting with John Lee, which was attended by several members of the chamber's board members. The meeting discussed ways to enhance bilateral cooperation, the investment climate, and opportunities for partnership, particularly in sectors such as financial and professional services, infrastructure and real estate, transportation and logistics, innovation and technology, manufacturing, and energy. Speaking at the meeting, John Lee thanked the chamber for hosting the meeting, affirming his country's eagerness for closer relations with Qatar at all fields. He pointed to the 35 MoUs signed between both parties, hoping it serves as a springboard for further cooperation between both sides. In turn, HE Sheikh Khalifa bin Jassim commended the signed MoUs between Qatari and Hong Kong companies and institutions, indicating that Qatari business community is keen to bolster relations with its counterpart from Hong Kong in various sectors such as technology and innovation, and others. QC board member Mohamed bin Ahmed Al Obaidli said that there are many promising sectors for cooperation between the private sectors on both sides, especially the financial and technological sector. He highlighted that Qatar welcomes all investments from all world countries. During the meeting, presentations were delivered from Invest Qatar and Hong Kong General Chamber of Commerce.
Qatar Tribune
12-05-2025
- Business
- Qatar Tribune
Qatar Chamber signs five MoUs with Hong Kong institutions
DOHA: Qatar Chamber has signed five Memoranda of Understanding (MoUs) with the Hong Kong General Chamber of Commerce, the Federation of Hong Kong Industries, the Hong Kong Investment Authority, the Hong Kong Trade Development Council, and the Hong Kong Banking Association. Additionally, the Qatar International Centre for Conciliation and Arbitration (QICCA) signed an MoU with the Hong Kong Bar Association. These agreements were signed during a meeting between Qatar Chamber and Chief Executive of the Hong Kong Special Administrative Region of the People's Republic of China HE John Lee, who was accompanied by a high-level delegation comprising chairpersons and founders of leading private and public companies from Hong Kong and mainland China. The meeting was attended by Minister of Finance HE Ali bin Ahmed Al Kuwari; Chairman of Qatar Chamber HE Sheikh Khalifa bin Jassim Al Thani; several members of the Chamber's Board of Directors; and a group of prominent Qatari businessmen. In his remarks, Chairman of Qatar Chamber Sheikh Khalifa bin Jassim Al Thani praised the strong and steadily growing relationship between Qatar and Hong Kong, which is built on mutual trust, shared economic goals, and a joint commitment to creating new opportunities. He emphasized both sides' interest in deepening cooperation across various sectors, with a particular focus on the private sector-especially in trade, investment, finance, and smart industries. "Trade exchange between the two sides witnessed a remarkable 70 percent growth, reaching QR2.2 billion in 2024, compared to QR1.3 billion in 2023," he noted. He also highlighted Qatar's broader trade ties with China, stating that the total volume of trade between Qatar and the People's Republic of China exceeded QR80 billion in 2024, of which QR62 billion represented exports-primarily natural gas and refined oil products. Sheikh Khalifa commended Hong Kong's achievements over the decades, highlighting its position as one of the world's leading economic and financial centers, its long-standing history of innovation and smart services, and its role as a pivotal trade gateway with an open and dynamic economic environment. "This aligns with Qatar's future vision of building a diversified and sustainable economy founded on advanced knowledge and technology," he said. Qatar Chamber's Chairman emphasized the Chamber's commitment to strengthening cooperation with the business community in Hong Kong and exploring joint investment opportunities. He highlighted that Qatar offers a wide array of economic prospects across key sectors, including artificial intelligence, infrastructure, financial services, advanced technology, energy, smart industries, and high-quality modern services. He further noted that Qatar has enacted a series of reforms and initiatives aimed at enhancing its investment climate and fostering a stable, business-friendly environment. These include the establishment of an advanced regulatory framework, the development of strategically located free zones that offer streamlined market access, simplified procedures supported by world-class infrastructure, and a range of tax exemptions. For his part, Chairman of the Hong Kong Trade Development Council (HKTDC), Peter Lam, emphasized the growing trade and investment cooperation between Hong Kong and the State of Qatar. He noted that the event aimed at deepening trade and investment relations with Hong Kong's key partners, expressing his eagerness to showcase numerous commercial opportunities. Lam highlighted Hong Kong's position as an ideal business platform across various sectors, including both traditional industries and emerging fields such as sustainability and environmentally friendly technologies. He also underlined Hong Kong's strategic role as a gateway to the Chinese market and reaffirmed the HKTDC's commitment to strengthening trade relations with Qatar. Meanwhile, Qatar Chamber hosted a roundtable meeting with John Lee, which was attended by several members of the Chamber's Board Members. The meeting discussed ways to enhance bilateral cooperation, the investment climate, and opportunities for partnership, particularly in sectors such as financial and professional services, infrastructure and real estate, transportation and logistics, innovation and technology, manufacturing, and energy. The QC chairman commended the signed MoU between Qatari and Hong Kong companies and institutions, indicating that the Qatari business community is keen to bolster relations with its counterpart from Hong Kong in various sectors such as technology and innovation, and others. QC board member Mohamed bin Ahmed Al Obaidli said that there are many promising sectors for cooperation between the private sectors on both sides, especially the financial and technological sectors. He highlighted that Qatar welcomes all investments from all world countries. During the meeting, presentations were delivered by Invest Qatar and Hong Kong General Chamber of Commerce.
