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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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      Turkey eyes $5bn bilateral trade with Qatar

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

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      Iraq set to award new Faw Port deals

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      Miral’s premier Abu Dhabi waterfront project work on track

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        Investments in renewables in Egypt reach LE6 bn: Official

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        Acwa Power inks finance deals for 900MW Dubai solar park

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

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          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          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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          MAFWR, Port of Duqm sign MoU

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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

            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

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

                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-Germany economic ties to expand in post-COVID-19 era

              June 1, 2020
              in Business, Economy
              0
              Qatar-Germany economic ties to expand in post-COVID-19 era

              Qatar and Germany are well-positioned to revive their respective economies from the impact of coronavirus disease (COIVD-19). Both the countries are working and committed to enhancing economic cooperation in the post-pandemic era by capitalizing new business opportunities, said Hans-Udo Muzel, Ambassador of Germany to Qatar, yesterday.

              The bilateral economic and trade ties are expected to further deepen and expand in the coming days as more opportunities of business and investment are likely to arise as both the countries are injecting billions of dollars of funds for economic recovery.

              “We are only now beginning to understand the profound repercussions the pandemic has had on the economies of our two countries and globally. Germany and Qatar are in a very good position to revive their economies once the pandemic is contained. They can capitalize on their strong and longstanding business relations based on mutual trust and respect. German companies are very much committed to their presence in Qatar which sometimes dates back many decades and are eager to continue their fruitful cooperation with their Qatari partners,” Ambassador Muzel told The Peninsula through email, yesterday. Muzel added: “The pandemic proves to us, that international cooperation is more important than ever. COVID-19 does not stop at borders; neither should our solidarity and cooperation. We will only be able to overcome this crisis if we can get a grip on it globally. Germany will therefore focus its presidency of the European Union (EU) on winning the fight against the pandemic.”

              Germany, the Europe’s largest economy, is set to take over the presidency of the 27-member EU from July 1, 2020 for six months. Germany and Qatar both are working aggressively to support businesses in their respective countries to stimulate growth which has been impacted by lockdowns due to the COIVD-19. “We believe that sharing national experiences can be instrumental in learning from each other and establishing best practices.

              Together, Qatar and Germany should accept this economic challenge linked to the COVID-19 pandemic and take it as an opportunity to rebuild their economies more efficient and sustainable than before, said the German envoy.

              Commenting on Qatar’s and Germany’s prompt and remarkable responses to contain the spread of the virus, Muzel noted: “The measures that were implemented globally to contain the spread of COVID-19 are unprecedented. Both Germany and Qatar have taken swift and comprehensive measures to contain the virus and limit the loss of life as much as possible. Both countries have done remarkably well in this respect so far.”

              Germany is Qatar’s leading investment destinations in the world. Qatar has shareholdings in several prominent German companies including Volkswagen, Deutsche Bank, Siemens, Hochtief (construction giant), and SolarWorld, and others. Qatar through QIA (one of the world’s largest sovereign wealth funds) and private sector players, exploring investment opportunities in several promising sectors, including manufacturing, information technology and automation.

              According to latest available data, Qatar’s investment in Germany has crossed €35bn (QR141bn), which may go up to €45bn if the private Qatari investment (including portfolio investments) is added.

              “Countdown for Germany’s EU Presidency, starting July 1st. Stay tuned to learn more about the preparations, program, timetable, logo & much more on EU2020. de! The German Embassy in Doha will be the focal point for EU-Qatar cooperation!,” the Ambassador Muzel Tweeted recently. “We want our EU Presidency to serve the European cause. We want to provide new impetus as an honest broker. We want to stimulate the economy, strengthen internal cohesion, and to act united in foreign policy matters,” German Foreign Office said in a tweet yesterday, which was re-tweeted by the German Embassy Doha, yesterday.

              Qatar and Germany are working in close cooperation and exploring ways of expanding bilateral economic ties in new areas, which will include energy, IT, innovation, skill and SME development. A high level 40-member German trade delegation led by the Prime Minister of Lower Saxony of Federal State, Stephan Weil, visited Qatar early last December. During the visit, several meetings were held with senior Qatari officials, including a meeting between Qatar Petroleum (QP) and German company Uniper to supply Qatari LNG directly to Germany’s planned LNG terminal. Prime Minister Weil had termed the negotiations have reached “very deep and concrete stages”.

              The Peninsula
              01/06/2020

              Tags: businesseconomyGermanyQatar
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