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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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          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

            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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            • Energy
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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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              Turkey eyes $5bn bilateral trade with Qatar

              September 28, 2020
              in Trade
              0
              Turkey eyes $5bn bilateral trade with Qatar

              Bilateral trade between Qatar and Turkey, which has significantly increased from $340m in 2010 to $2.24bn in 2019, is set for further significant expansion, with the Istanbul Chamber of Commerce targeting to increase bilateral trade between both countries to $5bn, an official has said at a webinar organized by the Qatar Financial Centre (QFC) recently.

              As part of the QFC’s flagship #AccessQatar series, the webinar titled ‘Emerging Opportunities: Qatar & Turkey’, was organized in collaboration with the Istanbul Chamber of Commerce and the Turkish Embassy in Doha, which highlighted the latest developments in Qatar’s business landscape and the growing investment opportunities in the country for Turkish companies.

              Speaking during the event, Turkey’s Ambassador to Qatar H E Dr. M. Mustafa Goksu, said: “Turkey and Qatar have a very special, strategic, and brotherly relationship, which has seen tremendous progress over the recent years. We have a renewed focus on strengthening our partnership and particularly to overcome the negative effects of COVID-19 pandemic. Qatar and Turkey are good examples of how nations can be well-positioned to serve as role models of international cooperation. Our bilateral trade volume witnessed a remarkable increase from $340m in 2010 to $2.24bn in 2019, and we have signed 53 strategic agreements. Today, 535 Turkish–Qatari joint companies are operating in Qatar.

              “Turkish companies enjoy Qatar’s secure, lucrative, and transparent business environment. I would like to highlight the important role of the Qatar Financial Centre and other organizations in accommodating the needs of Turkish companies and providing precise guidance. Our partnership in politics and economy reflects itself very well on our cultural relations. While in 2014 Turkey welcomed 29,000 Qataris, last year this number rose to 108,000 people,” the Ambassador added.

              Sekib Avdagic, President of the Istanbul Chamber of Commerce, said: “Turkey and Qatar are two strong, friendly countries. We must further strengthen our solid friendship with comprehensive trade and mutual investment opportunities. Therefore, we must act immediately, and now is the time to enhance our mutual initiatives and cooperation in order to increase the trade volume between our countries to $5bn.”

              Providing an informative overview of Qatar’s economy and the latest developments in the country’s foreign direct investment landscape, and the variety of investment opportunities in Qatar, Yousuf Mohamed Al Jaida, Chief Executive Officer at the QFC Authority, said: “Building on Qatar’s long-standing relations with Turkey and the growing strategic relations spanning across multiple areas such as business and trade, investment, science, security, people and culture, we are proud that Qatar’s business ecosystem is facilitating the necessary infrastructure for even more Qatari-Turkish joint companies to enter our national economy and seize the unmatched opportunities at hand.”

              Al Jaida added: “We believe that Turkey is synonymous with innovation, creativity, and commitment. Through the QFC’s unmatched business infrastructure and platform, we aim to attract the most vibrant and innovative Turkish companies in various fields including digital, sports, media, engineering, financial services, and other growing sectors. Already we have welcomed 16 Turkish firms to the QFC platform, and this number is growing as more firms look to Qatar to not only expand their operations but to also take advantage of the abundance of opportunities available here.”

              The Peninsula
              24/09/2020

              Tags: investmentQatartrade
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