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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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    Oman inks pack to bolster role of SMEs in food systems

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      Deal signed to set-up first factory in Qatar to assemble electric vehicles

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

            Aecom wins Neom utilities infrastructure design contract

            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                UAE sends medical aid to Iraq to fight COVID-19

                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

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                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Qatar eyes to host next Qatari-German Joint Commission in 2021: Minister Al Kuwari

              September 9, 2020
              in Business
              0
              Qatar eyes to host next Qatari-German Joint Commission in 2021: Minister Al Kuwari

              Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari yesterday expressed his aspiration for Qatar to host the next session of the Qatari-German Joint Commission in Doha in 2021. He was speaking at a webinar on Qatar’s business and investment environment, which was organized by the Qatari Embassy in Berlin in cooperation with the German Near and Middle East Association (NUMOV).

              During the event, Minister Al Kuwari said Qatari-German bilateral trade has gained considerable momentum in recent times, reaching $2.311bn in 2019. Germany is now Qatar’s 11th largest trade partner, he added. A total of 332 German companies are currently operating in Qatar, including 270 Qatari-German companies, 46 fully owned German companies, and two German representative offices, in addition to 14 companies licensed under the umbrella of the Qatar Financial Centre.

              He said these companies contribute to the implementation of several major projects in the infrastructure sector such as Qatar Rail, development of key stadiums for the 2022 FIFA World Cup, in addition to other vital ventures in various fields.

              Minister Al Kuwari added that Qatar has made significant investments in a range of German industries, especially following the historic visit of the Amir H H Sheikh Tamim bin Hamad Al Thani to Germany in 2018, where he announced Qatar’s intention to invest €10bn into the German economy over the five years up to 2023.

              Also speaking during the event, Mohammad Jaham Al Kuwari, Former Qatari Ambassador to Germany, added that Qatar is strongly committed to further intensifying the excellent relations between the two nations. He added that the strength of Qatar’s economy and companies remains evident despite the COVID-19 pandemic.

              He also hailed the efforts of globally operating companies such as Qatar Airways, which has significantly expanded its market share. Speaking during the panel discussion on ‘Invest in Qatar’, Qatar Development Bank CEO Abdulaziz bin Nasser Al Khalifa said that since the COVID-19 outbreak, QDB has launched several initiatives within the framework of a trilateral strategy to help SMEs survive the pandemic, revive their businesses amid ongoing challenges, and ultimately thrive in the new economy.

              He added that QDB and its affiliate institutions will continue to provide SMEs with all the tools and resources they need in the areas of finance, knowledge, and skills development, while also helping them to successfully extend their footprint, including through collaboration with their German counterparts to achieve more growth and contribute to the economic development of both nations.

              Qatar Financial Centre Authority CEO Yousuf Mohamed Al Jaida, added: “Qatar has been at the forefront in maintaining its thriving economy and strengthening its lucrative investment eco-system, which are integral factors for attracting German investments into the Qatari Market. Backed by our host of premium benefits and incentives, QFC proudly pursues its role as a core enabler for German firms to access Qatar’s lucrative market and establish their business through a seamless unique journey.

              The QFC platform, one of the world’s leading and fastest-growing onshore business and financial centers, is currently home to 14 German firms, and we look forward to welcoming more very soon.”

              Qatar Investment Promotion Agency CEO Sheikh Ali Alwaleed Al Thani, added: “As businesses continue to transform for the new economy, many investment opportunities are emerging across sectors, and we see plenty of prospects for German-Qatari collaboration as we move towards a digital economy, where business, communication, and consumer experiences are re-imagined. This includes areas such as Fintech, e-health, e-learning, and virtual entertainment, among others”.

              The webinar was also attended by German officials including Thomas Bareiß, the Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy and Co-Chairman of the QatariGerman Joint Commission on Trade, Economic and Technical Cooperation, Dr. Claudius Fischbach, German Ambassador to Qatar; and others.

              The Peninsula
              09/09/2020

              Tags: businessGermanyinvestmentQatar
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