Latest news with #TribuneNewsNetworkDohaQatarChamber
Qatar Tribune
2 days ago
- Business
- Qatar Tribune
QC explores cooperation with Sialkot Chamber of Pakistan
Tribune News Network Doha Qatar Chamber Director General Ali Boushraibek Al Mansouri received today at the Chamber's headquarters a delegation from the Sialkot Chamber of Commerce and Industry (SCCI) in Pakistan, headed by its President,Ikram ul Haq. The Pakistani delegation includedMuhammad Imtiaz Khan, Executive Director of Med Ask, a healthcare company; Dr. Ghulam Murtaza, CEO of DRM Pharma & Diagnostic; andKhawaja Masood Akhtar, Chairman of Forward Group, a leading manufacturer and exporter of footballs. During the meeting, the two sides discussed avenues for enhancing trade and economic cooperation between Qatar and Pakistan. Discussions also focused on strengthening institutional collaboration between the Qatar Chamber and the Sialkot Chamber to support private sector engagement and boost bilateral trade and investment. Al Mansouri praised the close relations between the two countries, particularly in trade and economic fields. He noted that the total volume of trade exchange reached approximately QAR 12.7 billion in 2024, with QAR 12.2 billion representing Qatari exports primarily petroleum gases and gaseous hydrocarbons while imports from Pakistan amounted to about QAR 500 million. He also highlighted the presence of more than 2,000 Pakistani companies registered with the Qatar Chamber, operating in partnership with Qatari firms, in addition to 37 companies that are fully Pakistani-owned. He affirmed that the Qatari market remains open and welcoming to more Pakistani investors. Ikram ul Haq expressed appreciation for the strong bilateral relations and emphasized that the delegation includes key representatives from Pakistan's healthcare and sports manufacturing sectors, who are keen to forge strategic alliances with Qatari businesses. Muhammad Imtiaz Khan highlighted the diverse investment opportunities available in Sialkot, particularly in the healthcare sector. He noted that Pakistani firms are eager to collaborate with Qatari counterparts in establishing joint ventures in hospitals, pharmacies, and medical laboratories. Khawaja Masood Akhtar remarked that his company manufactured the footballs used during the FIFA World Cup Qatar 2022 and is currently producing footballs for the 2026 tournament. He expressed interest in building partnerships with Qatari companies to further expand their international presence.
Qatar Tribune
28-05-2025
- Business
- Qatar Tribune
QC, Bangladesh discuss trade ties
Tribune News Network Doha Qatar Chamber General Manager Ali Bu Sharbak Al Mansori received a delegation from the Ministry of Defence of Bangladesh, headed by Major General Md Rashed Amin (Retired) at the chamber's headquarters on Wednesday. The meeting discussed commercial and economic cooperation between Qatar and Bangladesh, and ways to cooperate in the field of research and training. The event was attended by QC Director of the Administrative and Finance Department Hussain Yousef Al Abdullghani, Director of Research and Studies Noora Al Awlan, Director of the Committees and Business Councils Department Hamad Al Marri and Secretary-General of the Qatar International Centre for Conciliation and Arbitration Ibrahim Shahbik. During the event, Ali Bu Sharbak Al Mansori said that the chamber has received several trade delegations from various sectors in Bangladesh, and memoranda of understanding have been signed with entities in Bangladesh. He noted that there is coordination to organise joint events that bring together businessmen and companies from both sides, with the aim of fostering closer ties between the private sectors of the two countries. He highlighted that the chamber is ready to encourage Qatari businessmen to learn about available opportunities in Bangladesh, and to join partnerships with their counterparts in Bangladesh. For his part, Major General Md Rashed Amin said that he is leading a delegation to explore avenues of cooperation with the Qatari private sector in the fields of textiles, pharmaceuticals, and high-tech equipment.
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
20-05-2025
- Business
- Qatar Tribune
Turkish finance minister invites Qataris to invest in his country
Tribune News Network Doha Qatar Chamber hosted a high-level Turkish trade delegation headed byMehmet Şimşek, Minister of Treasury and Finance of the Republic of Turkey. The delegation was received by Eng. Ali bin Abdullatif Al Misned, Qatar Chamber Board Member. Also attended the meeting were several QC board members, H.E. Dr. Mustafa Göksu, Ambassador of the Republic of Turkey to the State of Qatar, Furkan Karayaka, Vice President of the Investment Office of the Presidency of the Republic of Turkey, along with a number of Qatari businessmen. The meeting discussed ways to boost cooperation between Qatar and Turkey in commercial and economic fields. Discussions also covered the investment climate and available opportunities in both countries, with an emphasis on establishing trade alliances between Qatari and Turkish companies. In his remarks, Eng. Ali Al Misned praised the strong and brotherly relations between Qatar and Turkey across various fields, particularly trade and economic cooperation. He stressed Qatar Chamber's readiness to support efforts aimed at further enhancing collaboration between the business sectors of both countries. He noted that the volume of trade exchange between the two countries amounted to QR 4.18 billion in 2024. Al Misned also pointed out that more than 140 Turkish companies are currently operating in the Qatari market, including 16 wholly owned by Turkish investors, across various sectors. For his part, Mehmet Şimşek, Minister of Treasury and Finance of the Republic of Turkey, affirmed the strength of relations between Turkey and Qatar, noting the deep-rooted and strategic partnership between the two nations. He highlighted key features of the Turkish economy and its conducive environment for business and investment. He underscored the importance of enhancing cooperation through the establishment of joint ventures, whether in Qatar, Turkey, or third markets such as Africa, East Asia, and other emerging economies. He further emphasized that Turkey offers numerous investment opportunities and warmly welcomes Qatari investments across all sectors such as technology. Renewable energy, industry, agriculture, tourism and infrastructure.
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.
