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

Business / Qatar Business

Qatar, Oman review trade ties

Published: 09 Nov 2021 - 08:31 am | Last Updated: 09 Nov 2021 - 08:33 am
Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani (left) with the Omani Minister of Commerce, Industry, and Investment Promotion H E Qais bin Mohammed Al Yousef, during a meeting on the sidelines of a forum in Muscat, Oman, yesterday.

Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani (left) with the Omani Minister of Commerce, Industry, and Investment Promotion H E Qais bin Mohammed Al Yousef, during a meeting on the sidelines of a forum in Muscat, Oman, yesterday.

The Peninsula

Doha: Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani yesterday attended the inauguration of the first edition of the annual Gulf Entrepreneurs Forum, which is taking place in Muscat, Sultanate of Oman.

Qatar’s participation in the four-day forum comes as part of the ongoing efforts to shed light on the economic policies and legislation put in place by the State to regulate and support the local entrepreneurship sector, as it represents a fundamental pillar for economic diversification, stimulating investment, and enhancing the contribution of innovation to the economy, as defined in the Qatar National Vision 2030 (QNV 2030). 

On the sidelines of his participation at the event, the Minister of Commerce and Industry also met with the Omani Minister of Commerce, Industry, and Investment Promotion H E Qais bin Mohammed Al Yousef.

During the meeting, the officials touched on the bilateral relations between the two nations and discussed aspects of joint cooperation in the trade, investment, and industrial fields, as well as ways to enhance and develop them.

The officials also discussed aspects of joint cooperation between both countries, in addition to exchanging views on the topics listed on the forum’s agenda.

During the meeting, the Minister of Commerce and Industry highlighted the economic policies Qatar had put in place to support the private sector, including the incentives, legislation, and investment opportunities made available in Qatar to companies wishing to invest and establish a presence there.

Qatar is taking part in a number of activities and events organised within the framework of the annual forum. These include the participation of the Ministry of Commerce and Industry (MoCI) in the jury of the leadership talk competition, in addition to the participation of several Qatari entrepreneurs in the same event. Moreover, Qatar is contributing by presenting a number of working papers listed on the forum’s agenda, including a working paper under the theme ‘Investment Opportunities for Entrepreneurs in GCC States’, titled ‘Mechanisms for Strengthening Partnership between Entrepreneurs & Large Corporations’.

The annual Gulf Entrepreneurs Forum is being organised for the first time and it aims to strengthen the entrepreneurship system among the GCC states, by enhancing cooperation mechanisms between the participating parties and becoming familiar with the relevant procedures and laws in force.