CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Qatar / General

‘Amir’s visit to European countries to pave way for private sector to explore opportunities’

Published: 02 Sep 2024 - 08:15 am | Last Updated: 02 Sep 2024 - 08:16 am
Peninsula

QNA

Doha: Deputy Chairman of the Qatari Businessmen Association, H E Sheikh Dr. Khalid bin Thani Al Thani has highlighted the importance of Amir H H Sheikh Tamim bin Hamad Al Thani’s tour in paving the way for the private sector to explore investment opportunities in Sweden, Norway, and Finland.

The Deputy Chairman of the Qatari Businessmen Association told Qatar News Agency (QNA) that amid global developments, Qatar is working on diversifying its markets with all countries and economic blocs.

He pointed out that Northern European countries are important for the Qatari market, particularly with regards to technology, as several European companies are present in the Qatari market. Sheikh Dr. Khalid said that this makes the visit by H H the Amir timely to further develop bilateral cooperation with these countries, after important visits by Qatari delegations in preparation for a successful European tour.

Sheikh Dr. Khalid explained that with dozens of weekly flights between Doha and European capitals, trade exchange is continuously rising and could develop further, as major European companies and brands are present in the Qatari market, including many small and medium-sized enterprises in medical and technological fields.

With Regards to the investment between Qatar and all three countries, as well as the sectors which could experience increased cooperation, he said that economic relations between Qatar and Sweden, Norway, and Finland respectively have grown significantly in recent years, with dozens of their major companies operating in the Qatari market and investments exceeding $11bn.

Sheikh Dr. Khalid also highlighted major partnerships, especially between Qatar and Norway in the energy and aluminum sectors.

He said that there is significant movement in the bilateral relations between Qatar and each of the three countries, considering new projects of substantial added value in maritime technology, ICT, and green economy, in addition to projects aimed at enhancing cooperation in tourism, healthcare, among others.

The significance of H H the Amir’s tour lies in the fact that it aims to enhance ongoing cooperation and focus on developing bilateral relations across various levels, as well as to continue joint efforts to achieve sustainable development goals and promote innovation in strategic sectors. This will, in turn, contribute to advancing economic development in Qatar in addition to Sweden, Norway, and Finland. — QNA