Qatari Businessmen Association holds board meeting, reviews activities

 12 Jun 2018 - 1:47

Qatari Businessmen Association holds board meeting, reviews activities

The Peninsula

DOHA: The Board members of the Qatari Businessmen Association (QBA) have met for the 31st board meeting at QBA office. During the meeting, the members reviewed QBA activities during the last year which coincided with the year of the siege on Qatar and also discussed QBA upcoming events.

The meeting was headed by Sheikh Faisal bin Qassim Al Thani, QBA Chairman and in the presence of QBA First Deputy Hussein Al Fardan and QBA Second Deputy Dr. Sheikh Khalid bin Thani Al Thani, and QBA Members Sheikh Nawaf bin Nasser Al Thani, Sherida Saad Jubran Al-Kaabi and Saud Al Mana representing Omar Al Mana.

The year 2017 witnessed intensive activities for the QBA, the most important of which was the organisation and participation in Qatar - UK Business and Investment Forum held in the United Kingdom, in which more than 500 businessmen and government officials headed by the Prime Minister and Interior Minister, H E Sheikh Abdullah bin Nasser Al Thani,  participated. Also QBA’s visit to major European capitals (Paris, Berlin and London), during which the Association was able to explore various investment opportunities in specialized economic fields, especially sectors that concern food security, health and pharmaceutical industries, and promote Qatar as an investment destination after the decisions taken by the Amir HH Sheikh Tamim bin Hamad Al Thani,  the most important of which is the free zones and the new privileges for foreign investors.

The Board also discussed the participation of QBA in the Economic Promotional Tour organized by the Ministry of Economy and Commerce of Qatar in the US. The tour included meetings with senior government officials and representatives of the private sector, and started with Miami, where the Qatari Businessmen Association organized three sectoral Roundtables with their counterparts covering the fields of “Real Estate Investment, Hospitality and Tourism, Health and Medical Equipment”, while in Washington DC QBA organized 2 sectoral roundtables, one with “law firms” and the other discussed “Investment and Financial Services,” also a multi-sectoral roundtable was organized in South Carolina.

This is in addition to the meetings with major official bodies such as the International Monetary Fund and the World Bank, in which our members highlighted the strengths and growth of the Qatari economy within Qatar’s Vision 2030 and the facilities granted by the government to foreign investors, especially with the opening of the largest port in the Middle East.

At the local level, QBA continued to receive dozens of trade delegations to strengthen bilateral ties and contribute to the provision of the needs of the state. QBA also held dozens of meetings with internationally recognized economic institutions.

The QBA Chairman stated that thanks to Allah and the wisdom of the leadership of the Amir H H Sheikh Tamim bin Hamad Al Thani, Qatar has been able to mitigate the repercussions of the unjust siege on it and has also been able to strengthen its industrial and economic position which has led to attracting many investors to work in Qatar despite the blockade.

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