Monthly Economic Magazine - issued by Qatar chamber -Issue No. 59 - May - 2017
Activating business environment and investment climate … Khalifa bin Jassim:
Public-private partnership has become a reality On the initiative of Qatar, launch of the World Trade Agenda Report
“Productive Families” highlight their contribution in economy and the Chamber’s support
President of Croatia Hails Ties of Cooperation with Qatar
Editorial
Khalifa Bin Jassim Bin Mohammed Al Thani Qatar Chamber Chairmam
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t seems ordinary for the Qatari private sector to face a number of challenges and obstacles during its march to the active contribution in the economic process. But at the same time, these obstacles are being mointored in a view to finding appropriate solutions. One of the most important roles played by the Qatar Chamber is defining these challenges and addressing the concerned authorities to formulate proposals to overcome. The Chamber occasionally conducts a number of studies and surveys on obstacles facing companies and businessmen and holds discussions with the designated authorities through its various sectorial committees or the joint committees with these authorities or the direct meetings with officials from private sector related bodies. Without any doubt there is remarkable cooperation and considerable response from all government bodies to all views and proposals presented by the Chamber. This strongly affirms the genuine partnership between he public and private sectors and assures the efforts exerted by each side towards
achieving the sustainable economic development. This directive is so obvious through the last meeting with HE. Sheikh Abdulla bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior, with businessmen and representatives of the private sector. During the meeting, views and issues presented by the chamber were discussed with great interest. Over 95% of these issues are successfully treated. This significantly confirms the Prime Minister’s great interest to solve all obstacles facing the private sector and hampering its expected role in the economic process. This urges the chamber to continue in monitoring any new obstacles. The Chamber’s door is always open for all members to present their opinions and suggestions related to issues of the private sector. The Chamber, house of merchants, won’t spare any efforts to defend its members’ interests of the private sector and maximize its contribution in the economic growth, particularly in light of the country’s directives to grant it a bigger role in the national economy.
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Government response with issues of the private sector
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Picture & Post
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arious products including traditional clothing, perfumes and handicrafts have been carefully made by national hands who are committed to high standards of quality and affordable prices. Their products are displayed through exhibitions hosted by the country or via social media. They have different aspirations and a common objective which is empowering the local product to compete in local and international markets. Al-Multaqa Magazine� met with number of productive families and spotted their demands, views and challenges facing their business.
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Details in a Photo Report p 24
Article
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Small and Medium Enterprises (SMEs)
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MEs are always known as the backbone of any sustainable, diverse economy. As much, they form about 90% of the world’s large scale economies.
Thanks to the key roles played by the SMEs in achieving the economic and social development, the strategies adopted by any country to develop these enterprises became inevitable for enhancing its economic process. Obviously, the State of Qatar has realized the importance of SMEs in propelling its national economy. Consequently, it has presented the necessary support to these enterprises through many steps. It issued number of legislatives and laws that help facilitate measures of SMEs establishment. It also introduced many incentives and privileges to investors willing to invest in these projects, in addition to providing the financial support. In its efforts exerted to empowering SMEs, Qatar Chamber joined hands with the authorities concerned to urge businessmen and young entrepreneurs to invest in SMEs and minor enterprises as well, particularly in industry sector which is the genuine mainstay of any economy. The Chamber strives to enabling these enterprises to produce and exports their products to the foreign markets which will add a real value to the country’s GDP. To support SMEs, Qatar Chamber has organized two consecutive editions of the “ Qatar Chamber SMEs conference”. The first edition was held in May 2015 with a focus on the German expertise, whereas the second is held in January 2016 with a focus on the Turkish expertise. The conference is decided to be occasionally held for the purpose of disseminating the culture of SMEs among young entrepreneurs.
The Chamber assures its commitment to maintain its supports to this category through organizing a special exhibition for home made products in the near future.
Saleh bin Hamad Al Sharqi Director General
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Speaking about minor enterprises, I think productive families are the best to represent this sector. These families who managed to establish their own projects by persistence and hard work have received considerable support from the Chamber. It contributed to promoting their products inside and outside the country. We gave them the opportunity to participate in the “Made in Qatar” exhibition, whether held in Doha or in the first edition outside Qatar in KSA last year.
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In this issue
Contents Monthly Economic Magazine issued by
Chairman & Editor –in-Chief Khalifa Bin Jassim Bin Mohammed Al Thani
Director General and Deputy Editor-in-Chief Salih Bin Hamad Al Sharqi Managing Editor Nael Salah
Chairman of Qatar Chamber stresses commitment to private sector
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Photography Entsar Nasir Layout & Design Uday Al-Tai
Printed by
ICC Qatar reviews achievments and future plans
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info@graphiccenter.qa
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During the month of April 2017, Qatar Chamber received about 10 trade delegations from various countries from the continents of Europe, Asia and Africa, as well as Australia, the positive presence of Qatari businessmen for these meetings, which discussed the strengthening of trade and investment relations between Qatar and these countries, was clear.
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Doha has become a favorite destination for investors who come to learn about the investment climate and oppor tunities. Editor
Sheikh Khalifa re-elected vice chairman of the Islamic Chamber
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President of Croatia Hails Ties of Cooperation with Qatar
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Also read in the issue Shaikh Khalifa calls for developing trade exchange with Kenya
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Qatar Chamber sign Agreements with China Trade Promotion Council
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QC and Mawani Qatar discuss problems of food importers
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Non-oil local companies exports (QR 1.7b) in February 2017
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New Report charts future for WTO launched On the initiative of Qatar
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Duterte: Philippine investment climate ideal for Qatari businessmen
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President Museveni Invites Qatari Businessmen to Invest in Uganda
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S. African investments in Qatar estimated $8.9 billion
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QC Tourism and Exhibition Committee Reviews Obstacles Tourism Sector
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All queries can be directed to the Managing Editor
www.qatarchamber.com nael@qcci.org P.O B: 402- Doha- Qatar Tel: 44559111 – 44555803 Fax: 44661639 – 44661697
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Tel: 44555803 Mob: 55800563
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News
QC 2nd General Assembly Meeting:
Chairman of Qatar Chamber stresses commitment to private sector
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hairman of Qatar Chamber (QC) HE Sheikh Khalifa bin Jassim Al-Thani said today that 2016 was filled with events where it tried to promote a bigger role for the private sector in the economy, in line with the vision of the country’s wise leadership of diversifying the economy.
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his came during the second meeting of the general assembly of Qatar Chamber, which was held at its headquarters. The meeting discussed a report on the activities of 2016. It also discussed the audit report of 2016 and ratified the budget of 2017.
His Excellency said that the main goals of the chamber for 2016 was to grow the private sector and improve its contribution to the Gross Domestic Product (GDP). This was done through coordinating with different ministries and forming committees to implement public-private partnerships on the
ground, in line with the directives of HH the Emir Sheikh Tamim bin Hamad Al-Thani. The Chairman of Qatar Chamber stressed that the aspirations of the private sector still tops the priorities of QC. His Excellency added that their achievements in 2016 was
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His Excellency added that Qatar Chamber is working hard on understanding the challenges facing the private sector. QC chairman added that they conducted a number of studies and surveys on the challenges and present solutions for them to the designated authorities. The chamber also continues to work on encouraging investments and market local industries abroad. Chairman of QC HE Sheikh Khalifa bin Jassim Al-Thani said QC has followed the directives of its board of directors regarding the importance of strengthening the communication with all members of the business community by organizing different meetings and seminars throughout the past year. The communication also continued through the QC invitations to the members and urging them to attend all activities and participate in surveys regarding the obstacles they face or their suggestions to benefit the Qatari private sector. The chamber has prepared an economic study regarding the issues that affects the private sector, in addition it set solutions through various sectorial committees
and marketing for investment opportunities, His Excellency added. QC has worked on developing the economic and trade relations between Qatar and the rest of the world, it has also worked on bridging the gap between the local business community and the international business organizations and institutions, His Excellency said. His Excellency added, this year, QC has developed its services by providing a number of e-services to help undergo the biggest number of procedures through the internet making to save the members time and effort. At the general assembly of QC, the members requested that QC becomes more involved in economic events and activities held nationally and internationally and they urged the chamber to organize more exhibitions and forums to improve the private sector’s performance. The members also called on international companies and trade delegations to visit Qatar and meet with local businessmen to exchange views and to benefit from international companies’ expertise in the local market. QC should speed up the process of completing the construction of its permanent building to match the status of Qatar and its
economic reputation regionally and internationally, as it receives a large number of trade delegations and its considered the face of Qatar’s private sector. Discussions QC members and businessmen called for a greater role for the Chamber through expanding its participation in economic conferences and events held inside and outside Qatar. They also urged the Chamber to organize more exhibitions and seminars in addition to inviting international companies and trade delegations to visit Qatar and meet Qatari businessmen to exchange experiences and benefit from the experiences of international companies in the local market. They called for the completion of a permanent building for the Chamber which should fit to the status of the State of Qatar and its economic reputation of the Chamber, praising its presence on the global trade map. They pointed out that the Chamber received many international trade delegations. It constituted a front to the Qatari private sector. Businessmen also stressed the importance of strengthening communication with the Chamber’s members, and enhancing their presence in the various occasions held by the Chamber.
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a result of their commitment to enhancing the role of the private sector.
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News Khalifa bin Jassim : Qatari businessmen interested to explore the opportunities in Croatia
President of Croatia Hails Ties of Cooperation with Qatar
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E President of the Republic of Croatia Kolinda Grabar Kitrovic has commended the privileged relations between her country and Qatar.
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ddressing Qatari-Croatian Business Forum, the President of Croatia hoped that economic and trade cooperation grew to the level of political relations between the two friendly countries, noting that it has nevertheless doubled several times since 2002.
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She added that her country attaches great importance to building strong economic and trade relations with Qatar, hoping for more cooperation between Qatari and Croatian businessmen to strengthen these relations, noting that many Croatian companies want to enter the Qatari market. President Kitrovic called on Qatari businessmen to invest in her country, stressing that Croatia is an open country for business, welcoming Qatari investments. Her Excellency added that Croatia is an attractive and favorable country for doing business, and has many opportunities for Qatari businessmen to
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will contribute to increasing these figures. “The areas of cooperation are numerous. From traditional and already successful sectors in this part of the world, like energy and oil and gas sector, construction, shipbuilding and metal industry to new industries like ICT, pharmaceutical and food industry, chemical sector, engineering, tourism and transfer of knowledge. Companies from several mentioned sectors are here today and they are willing to renew old friendship, from some new partnerships and mark a new direction in our relations. “We would also like to send the message today to potential Qatari investors that Croatia is an attractive and favorable country for doing business.” “We are a Central European and Mediterranean country, an EU member country. We offer numerous opportunities for joint projects and we guarantee stability and the safety of business and investments. The Republic of Croatia guarantees by law the same rights to foreign investors as it does to the Croatian investors and it ensures free transfer of return on equity from the country upon completion of the investment.”
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invest in in various economic sectors, especially infrastructure, energy, tourism, health, pharmaceutical and food industry, and advanced technology. With its unique geostrategic position and the farthest-reaching European sea inlet, Croatia is a gateway to the Central and Eastern Europe providing an easy access to the European and world markets, the Croatian President said. For his part, HE Chairman of Qatar Chamber Sheikh Khalifa bin Jassim Al-Thani said: “Qatar and Croatia enjoy distinct relations at all levels and fields. But their trade volume is still below expectations. It reached last year only $ 22 million. It doesn’t reflect the available potentials each country own. Therefore, I wish this meeting would be a new start for activating a positive cooperation between the private sector in both friendly countries.” HE the Chairman of Qatar Chamber stressed that Qatar Chamber and businessmen in Qatar and Croatia are keen on strengthening relations between businessmen to establish genuine partnerships and joint enterprises whether in Qatar or Croatia. His Excellency hoped that this meeting would be a new start for activating a positive cooperation between the private sector in both friendly countries, and that Qatari businessmen interested to explore the available investment opportunities in Croatia. President of Croatian Chamber of Economy Luka Burilovi said that the Memorandum of Understanding signed between the two Chambers will be institutional support and encouragement for the development of further cooperation between the two sides. “We look forward to achieving a new prosperous stage of our bilateral partnership,” he said, pointing out the Croatian Chamber of Economy has organized several Croatian trade mission to Qatar. “The first one was organized in 2003 and since then we work together with our Qatari partners to strengthen the economic relations between our companies and our two countries.” He said that today’s meetings will result in specific business cooperation, hoping that meetings here in Doha and contacts made between Croatian and Qatari companies
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News During its third board meeting:
International Chamber of Commerce Qatar reviews achievements and future plans
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E President of the Republic of Croatia Kolinda Grabar Kitrovic has commended the privileged relations between her country and Qatar.
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he International Chamber of Commerce Qatar’s (ICC Qatar) third board meeting has concluded by announcing the establishment of two additional commissions which are the Digital Economy Commission and Trade and Investment Policy Commission, said a press release issued last week.
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Chairman of ICC Qatar and Qatar Chamber HE Sheikh Khalifa bin Jassim Al Thani chaired the third session of the board meeting in the presence of the vice chairman Eng. Ali Abdullatif Al Misnad and Chief Operating Officer of the International Chamber of Commerce Secretariate, Philip Kucharski. Board members present include HE Sheikh Saoud bin Nasser Al Thani, Ooredoo Group CEO, Alistair Routledge, President and General Manager of ExxonMobil Qatar Inc., and Guillaume Chalmin, Managing Director of Total EP Qatar. The ICC Qatar Secretary General
Remy Rowhani and Qatar Chamber and ICC Qatar Director of International Relations and Chamber Affairs Sheikha Tamader Al Thani attended the meeting. HE Sheikh Khalifa said that ICC Qatar has made significant achievements since it has been established. It has been strongly participating it the ICC global forums and conferences, adding: “We have proven our presence globally throughout a number of initiatives such as the World Trade Agenda”. Our aim is to put forth Qatar’s private sector interests and concerns in the global forums, he added. He announced the launch of two new commissions on Digital Economy and Trade & Investment during 2017. The agenda of the board meeting reviewed the initiatives and achievements made by ICC Qatar in the last few years, in addition to the future tasks and plans. For his part Remy Rowhani noted to the events and conferences held by
the chamber through its Banking, Arbitration & ADR and Energy & Environment commissions. He pointed out to the two editions of the SMEs Conference, which highlighted the Turkish and German experiences in developing these enterprises. The next edition will be held in the early 2018. ICC COO Philip Kucharski gave a presentation on the ICC establishment, update, tasks and ac tivities. He praised the cooperation with Qatar Chamber particularity in the World Trade Agenda Initiative. Kucharski congratulated Sheikh Khalifa on the “ ICC Merchant of Peace” award and pointed out the most important development in the International Chamber of Commerce, which was achieving “ Observer Status” at the UN on December 13 2016. He paid tribute to ICC Qatar for its strong participation in the ICC activities, noting: “ ICC Qatar is one of the most dynamic ICC members”.
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Sheikh Khalifa re-elected vice chairman of the Islamic Chamber
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he election took place during the general assembly meeting of the Islamic Chamber which was held in Muscat last week . Sheikh Khalifa led the Chamber delegation participating in the 25th Board of Directors Meeting and the 33rd General Assembly Meeting of the Islamic Chamber which included Abdul Aziz Al Ridwani and Dr. Mohamed Juhar Al Mohamed, QC board members and Hareb Mohamed Al Jabri, Director of Halal Certification Center, and Said Ibrahim, QC’s Director General Office Manager.
The agenda of the 25th meeting included reviewing and approving the report of the 58th session of the Finance Committee, in addition to appointing an auditor for the fiscal year 2017 and nominating chairman, board members, members of the Finance Committee for the new council 2017-2021, and electing the Bureau. While the agenda of the 33rd General Assembly of the Islamic Chamber included electing the Bureau, approving the 24th Board of Directors Meeting held in September 2016 in Turkey, and the
report of the 25th meeting of the Board of Directors of the Islamic Chamber held in Muscat and the report of the 58th Meeting of the Finance Committee of the Islamic Chamber and approval of the auditor’s report for the year 2016 ended in 31 December. It reviewed adding two new additional activities to the main activities of the chamber which are commodity exchange and services. It also reviewed number of studies conducted by the Islamic chamber such as a report on textile industry in Islamic world.
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atar Chamber’s Chairman HE. Sheikh Khalifa bin Jassim Al Thani has been re-elected vice chairman of the Islamic Chamber of Commerce, Industry and Agriculture..
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News Qatar Chamber’s February report on the foreign trade of the Qatari private
Non-oil local companies’ exports nearly (QR1.7b) in February 2017 Khalifa bin Jassim: Active contribution to local companies in the foreign trade • GCC countries received 60.1% of the total exports (QR1.03billion) • 4658 Certificates of Origin for exporting to 60 foreign markets • UAE is the first partner for the private sector ( exports QR772.6m) • KSA, Oman ,Egypt , Turkey and India are main importers to Qatari
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products
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and the stable growth of exports to world countries thanks to the wise directives of HH. Sheikh Tamim Bin Hamad Al Thani, Emir of the State, and the support offered to the private sector companies. He said the private sector companies would take over a leading position on Qatar’s economic map. Saleh bin Hamad Al Sharqi, Qatar Chamber Director General, paid tribute to the significant development of the Qatari non-oil exports, expressing his delight that industry increasingly dominates the Qatari exports. This gives a positive indication that Qatar is on the right track regarding its strategy for economic diversification and decrease the dependence on oil and gas as sole source of income. He confirmed the Chamber’s keenness to cooperate with other institutions for achieving the Qatar’s National Vision 2030 with regard to the economic reality.
Al Sharqi: Industrial sector share in the exports a positive sign to the economic diversification
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atar Chamber revealed that the value of non-oil exports in February 2017 has increased by 22.1% (amounted to QR1.71 billion) compared to the previous month (amounted to QR 1.4 billion) which is 31.5% higher in the same period of 2016 (amounted to QR1.3 billion), according to the certificates of origin issued by the Chamber. In a press statement issued by the Chamber on 9 April, about 60.1% of the non-oil exports was received by the GCC countries (estimated by QR 1billion), whereas the rest of exports was distributed to 51 countries worldwide. The statement said that number of certificates of origin issued in February was 4658 certificates which confirms the trade vigour of the local companies that keep pace with the leverage of Qatar economy. Commenting on the report, HE. Sheikh Khalifa bin Jassim Al Thani, Chairman, Qatar Chamber praised the contribution of the local companies to the foreign trade
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News
During the WTA Day:
New Report charts future for WTO launched Sheikh Khalif: We seek to revive “Doha Round Negotiations”
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he global rules-based trading system has enabled “unprecedented progress in generating prosperity and alleviating poverty” around the world, yet growing nationalist and protectionist trends are imperiling its future, notes the new European Center for International Policy ( ECIPE) report.
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he report titled “Building for Success: A World Trade Agenda for the Buenos Aires Ministerial” was developed as part of the World Trade Agenda initiative—a partnership between the International Chamber of Commerce and Qatar Chamber of Commerce and Industry - and launched last week (22 March) in London During the ICC/ QCCI World Trade Agenda Day. The World Trade Agenda mobilises global business to help governments set key multilateral trade negotiation priorities.
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The WTA Day included two panel discussions on protectionism and global priorities for trade directed at both policy makers and businesses alike. Speakers included John Danilovich, ICC Secretary General, Terry McGraw, ICC Honorary Chairman, Sir Michael Rake, Chairman, BT; Chairman, ICC United Kingdom, John W.H. Denton AO, CEO Corrs Chambers Westgarth; ICC First Vice Chair and Bernard Kuiten, Head of External Relations, World Trade Organization, along with many international economic and
business dignitaries. HE Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber and ICC Qatar, said that Qatar Chamber adopted the “World Trade Agenda” initiative in cooperation with the International Chamber of Commerce (ICC) in 2013 to push forward the Doha Round after 12 years of deadlock. The Doha Round is the latest round of trade negotiations among the WTO membership. Its aim is to achieve major reform of the international trading system through the introduction of lower trade barriers and revised trade rules. “The Chamber is supported and encouraged by the Government of Qatar to determine many priorities which were submitted during the Ninth Ministerial Conference of the World Trade Organization held in Bali 2013. This resulted in achieving the WTO Trade Facilitation Agreement which has been created to ensure revenues through trade overseas and provide job opportunities for developing and least-developed countries”, he noted.
The Qatar Chamber launched the World Trade Agenda in partnership with the International Chamber of Commerce (ICC) in 2013 to stimulate the global economy to advance the Doha Round of multilateral trade negotiations that have been pending for 12 years. HE assured that the Chamber had played an important role through the initiative of “reviving the Doha negotiations” and in the World Trade Facilitation Agreement signed at the WTO Ministerial Conference held in Bali in 2013. It positively reflected in the support of SMEs among countries and contributed to prevailing security and stability globally.
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Duterte: Philippine investment climate ideal for Qatari businessmen
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can assure you that you won’t have to face any corruption in Philippines. We have brought several changes to make the process of foreign investment easy and smooth,” the president said. Our ministers, officials are very competent and honest. Your investment will be protected. We will see to it that your investments are profitable too,” he added. Duterte took the opportunity to hail Qatar for providing jobs to thousands of Filipinos. Qatar is a very important country for us as it protects the national interest of Philippines. Hundreds of thousands of Filipinos work here. We are ready to send more workforce if required,” he said.
Qatar Chamber Vice-Chairman Mohamed bin Ahmed bin Towar al Kuwari, who led the Qatari side during the forum, said that relations between Qatar and Philippines were characterised by convergence of views on many international trade issues. Though the two countries are yet to emerge as major trade partners, he said, there was immense potential to increase trade volume. The trade volume between the two countries is still below expectations. It reached QR218 million last year. Philippines is the 26th trade partner to Qatar. We need to improve our trade ties,” Bin Twar said. Over 200 Philippine companies are
operational in Qatar in many fields. I take the opportunity to invite you to increase your presence in Qatar and build more joint ventures with Qatari businessmen,” he said. Qatar pays attention to Asia as a vital and important party in promoting regional and global economy, as well as an important destination for investments. There is keenness and interest from Qataris to discover new destinations of investments. Qatari businessmen are known to be more liquid and aggressive in investing overseas these days,” he said. Bin Twar said that Qatari businessmen were interested in exploring opportunities for investment in Philippines.
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hilippines has taken several steps to establish the country as an ideal destination for foreign investment, Philippines President Rodrigo Roa Duterte said, addressing Qatari businessmen during the Philippines-Qatar Business Forum in Doha on Saturday, Duterte assured Qatari investors of all support in making their investments secure and profitable in his countr.
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News
President Museveni Invites Qatari Businessmen to Invest in Uganda
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resident Yoweri Kaguta Museveni of the Republic of Uganda has called on Qatari businessmen to take advantage of the investment opportunities in his country, in light of the good indicators and attracting atmosphere in both countries in a way that helps promote joint trade cooperation.
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peaking during a meeting with Qatari businessmen from the Qatar Chamber and the Qatar Businessmen Association this evening, the Ugandan President said that his country is planning to open a tourism investment office in Doha soon to introduce investment opportunities in Uganda and facilitate trade exchange between Doha and Kampala.
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The Ugandan President said that his country enjoys an attractive environment for investments, Uganda has an appropriate legislative and tax environment, as well as providing all facilities for the establishment of various projects that benefit both his country and the investor. He pointed out that there is an official liaison office to serve those
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wishing to invest in Uganda by providing them with all the facilities that enable them to carry out their investment activities in Uganda within three days only. He stressed the importance of enhancing trade exchange between the Arab Gulf states and the African countries, especially as the two sides need to cooperate in many fields, the most important of which is the marketing of goods. For his part, Mohammed bin Ahmed bin Tawar, Vice President of Qatar Chamber praised the Ugandan side keenness to meet with Qatari businessmen to discuss ways and means of strengthening relations of cooperation between the two countries and expressed the hope that the visit of the Ugandan side would achieve its objectives in strengthening the
joint cooperation with the State of Qatar and the Qatari businessmen. He stressed that the State of Qatar attaches great importance to strengthening trade and investment relations with the African countries in general and Uganda in particular, stressing the need to enhance the volume of trade exchange between the two countries, which amounted to about QR 18.5 million in 2015, hoping that the next stage would witness a greater growth in the volume of trade. He pointed out that in light of the economic development that Uganda seeks to achieve, there are many opportunities for cooperation and exchange of experiences and joint investments with various investors and Qatari companies in many sectors, citing Uganda’s natural resources, especially in agriculture and food industries , which opens the door for the establishment of alliances and partnerships between the two sides in this vital area, which serves the objectives of the State of Qatar in achieving food security.
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QC Tourism and Exhibition Committee Reviews Obstacles Facing Tourism Sector
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he Tourism and Exhibition Committee of Qatar Chamber held a meeting at QC’s headquarters on the main obstacles facing the development of the tourism sector and exhibitions in Qatar. The meeting reviewed a number of the programs to be launched by Qatar Tourism Authority and Qatar Airways in the coming period t also discussed the difficulties in obtaining tourist visas for some categories, which negatively affect domestic tourism, along with the ongoing arrangements to hold a seminar in May, which will attract a large number of businessmen and owners of hotels, tourism and travel offices. The event, which is being organized in cooperation with international offices, will review the main touristic programs which will be launched during the coming period as part of promoting and advertising them. HE Sheikh Hamad bin Ahmed bin Abdullah Al-Thani BOD member of Qatar Chamber and Chairman of the Tourism and Exhibition Committee said as one of the sectors that plays an important role in the economic
development process, the Tourism Committee highlighted a number of challenges facing the tourism sector. He stressed that the Tourism and Exhibition Committee has identified a number of obstacles in a comprehensive study, which it has prepared, noting the constant contact with the concerned parties in order to seek lasting solutions to these obstacles. The lack of various entertainment venues such as water cities and
resorts are among the most prominent obstacles, he said, adding that the occupancy rate of hotels is still below the level and rely heavily on business tourism and GCC visitors. Difficulties in obtaining tourist visas, expensive flights and services rates in some hotels, discouraging promotions at retail outlets in malls along with weak promotional programs for Qatar as a global tourist destination are among the main obstacles faced by tourist sector, he concluded. (QNA).
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conferences
Addressing the Joint Economic Forum:
Sheikh Khalifa calls for developing trade exchange with Kenya
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n a speech at the Qatar-Kenya Business Forum, HE Chairman of the Qatar Chamber (QC) HE. Sheikh Khalifa bin Jassim bin Mohammed Al-Thani said that the Forum seeks to strengthen economic and trade relations between Qatar and Kenya. It is held within the framework of HH the Emir’s visit to Kenya, and shows Qatar’s keenness on enhancing cooperation between the two countries in various fields, he added
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he Chairman of QC noted that Qatar and Kenya established diplomatic relations in 2003. Since then, the relations between the two countries have developed rapidly, he said, pointing out that a number of memorandums of understanding were signed to strengthen bilateral relations, including a memorandum of understanding to prevent double taxation and financial evasion. He added that the visit of Kenyan President Uhuru Kenyatta to the State of Qatar in 2014 along with a delegation of Kenyan businessmen played an important role in taking the economic relations to higher levels. During that visit, a number of agreements were signed to facilitate doing business in both countries. He stressed the importance of enhancing cooperation in the commercial fields and urging the private sector of the two countries to find partnerships and alliances that promote inter-trade. “With
about 4 Qatari-Kenyan companies and two Kenyan companies with 100% capital operating in the Qatari market, we still need more partnerships that strengthen our joint trade relations.” The economy of Qatar has maintained rapid growth in recent years and has become one of the fastest growing economies in the world, he said, adding that GDP growth averaged 6 percent from 2010 to 2016. Despite the decline in oil prices over the past two years and expectations for remaining at current levels, Qatar has achieved good growth rates thanks to diversification of economic activity and increased efficiency of public spending, with the non-oil sector continuing to play a major role in growth. The QC Chairman expected that government investment will continue to drive this growth, as the current year’s budget includes an
increase of 3.2% in capital spending and contracts for QR 46 billion new projects will be signed in 2017, which will be added to the total projects being implemented in Qatar that amount to QR 37 billion, including infrastructure projects in main sectors such as education, health and transport, as well as projects related to hosting the World Cup in 2022. This, he said, allows business environment and investment in Qatar to offer great advantages to foreign companies, and opens the door for Kenyan companies to enter the Qatari market.
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• Sheikh Khalifa: S. African investments in Qatar estimated $ 8.9 billion • Investments in construction, agriculture and food processing available
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E Chairman of Qatar Chamber (QC) Sheikh Khalifa bin Jassim Al-Thani said Qatar is considered an important trade partner to South Africa where the total South African energy investments amount to nearly 8.9 billion dollars. In addition, South African investments in Qatar have witnessed great developments in the past years especially in the field of Gas to Liquids (GTL) ORYX. Other South African investments are in the infrastructure and construction fields.
e pointed out that QC had hosted a South African businessmen delegation in December 2015 to explore aspects of trade and economy cooperation between Qatari and South African businessmen, and ways to strengthen and develop them specifically in the agriculture, industry and food security fields. His Excellency said QC is ready to support South African companies to enter the Qatari market and establish true partnerships with Qatari businessmen for the benefit of both economies. QC is also working on encouraging Qatari businessmen to explore investment opportunities in South Africa especially in the construction, food industry, and agriculture, His Excellency added. Qatar has maintained a rapid development growth in the past years, and is one of the fastest growing economies in the world, where GDP growth rate averaged 6 percent from 2010 to 2016, His Excellency said. In spite of the decrease in oil and gas prices in the past couple of years and expectations of prices continuing at their current levels, Qatar managed to achieve good growth rates due to a diverse economy, an efficient increase of public spending and with the help of the non-oil sectors role as a main incentive for development, His Excellency said. His Excellency expected that the increase in government
investments would boost growth as the 2017 budget revealed a 3.2 percent increase in capital spending this year and contracts for QR 46 billion new projects will be signed in 2017, which will be added to the total projects being implemented in Qatar that amount to QR 37 billion, including infrastructure projects in main sectors such as education, health and transport, as well as projects related to hosting the World Cup in 2022. This, he said, allows business environment and investment in Qatar to offer great advantages to foreign companies, and opens the door for South African companies to enter the Qatari market.
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Delegations
Qatar Chamber Sign Agreements with China’s Trade Promotion Council
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atar Chamber and China Council for the Promotion of International Trade (CCPIT) signed an agreement to promote cooperation ties between the two sides so as to maximize the benefit for Qatari and Chinese private sectors and create more partnerships.
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he two sides also signed a memorandum of understanding for Qatar Chamber to join the Silk Road Chamber of International Commerce. The signings took place during the Qatari-Chinese meeting that Qatar Chamber hosted on Monday in the presence of Qatar Chamber Vice Chairman Mohamed bin Ahmed bin Twar, CCPIT Vice Chairman Yu Ping, Qatar Financial Center CEO Yousef Al Jaida, and a number of business owners from both sides. Addressing the event, Qatar Chamber vice chairman said relations between Qatar and China are excellent in all aspects of cooperation, noting that Qatar pays special attention to the promotion of these relations and strengthening cooperation with China in the commercial and economic fields.
Bin Twar stressed the importance of cooperation between Qatari business owners and their Chinese counterparts, adding that the chamber hosted a number of Chinese delegations over the past two years with the aim of enhancing trade ties and learning about available investment opportunities across the different economic sectors. He called on Chinese and Qatari firms to benefit from the proximity between leaderships of both countries and the investment atmosphere and stimulating laws so as to grow cooperation between the Qatari and Chinese business societies and enter into partnerships and projects that benefit both economies. The Qatar Chamber vice chairman said the private sector in both
countries will play a bigger role in ties between the two countries, especially with the availability of investment opportunities for Qatari and Chinese business owners, noting that more than 100 Chinese companies operate in Qatar and participate in the current renaissance. He said that establishing a yuan clearing center in Qatar is a main pillar of enhancing bilateral cooperation, stressing that the “Made in China” exhibition, which was held in Qatar, proved that the Qatari market is significant for China and that bilateral relations are deep and strong. Bin Towar stressed on the importance of joining the “One Belt, One Road” which was an initiative launched by the Chinese president in 2013 and Qatar joined at a later date.
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Qatar Chamber Meets Cuban Trade Delegation
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he meeting reviewed means of boosting cooperation ties between Qatar and Cuba in all economic sectors in addition to encouraging Qatari businessmen to invest in Cuba and forge trade partnerships between the private sectors in both countries. Bin Tawar said Qatar Chamber welcomes the promotion of cooperation between business
owners so as to benefit both economies, noting that Qatari business owners are keen on exploring opportunities there, particularly in the tourism, medical and technical fields, which Cuba is known for. In turn, Martinez said her country’s government pays special attention to boosting economic cooperation with Qatar, especially with bilateral
ties going through a phase of noticeable progress, highlighting the Cuban Hospital, which has a number of Cuban specialists, as a symbol of friendship ties between the two countries. Martinez said Cuba took a number of measures to prepare the atmosphere for foreign investments, particularly in the fields of tourism and health. In the same regard, the head of the Cuban delegation gave a presentation about ZEDM, saying that it aims to attract foreign capital and is established over 465 square kilometers in a premium location west of Havana and in the middle between the Caribbean and the Americas. She added that the project, which bears the slogan “Cuba opens a door to the world,” aims to enhance the creation of industrial, agricultural, mineral, mechanical and tourism projects.
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atar Chamber Vice Chairman Mohamed bin Tawar met today with a Cuban delegation led by Ana Teresa Igarza Martinez, general director of Mariel Special Development Zone (ZEDM).
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Delegations
‘Qatar-Turkey trade to jump to $2 bn in near future’
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ilateral trade between Qatar and Turkey will increase to $2 billion in the near future, according to Turkish Ambassador to Qatar HE Fikret Ozer.
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peaking at a meeting held today between a Turkish delegation and Qatari businessmen, Ozer said the current volume of trade between the two countries stood at $700 million and was expected to rise by 15 percent by the end of the year. The Turkish delegation comprised 22 companies representing the Turkish Electro Technology Exporters’ Association (TET). Turkish companies have invested in latest technologies at their facilities to reach the capability to provide necessary research and development and technology for many products,” the ambassador said. “Turkish industries produce high value-added and high-tech products, and its share in the export basket of Turkey is continuously increasing, together with the total export volume in the international market, which is worth $35 billion,” he added.
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Qatar Chamber (QC) Vice Chairman Mohamed bin Twar said Qatar and Turkey enjoy strategic and deeprooted relations at all levels based on shared visions towards Arab, regional and international issues. “This has made a positive impact on the volume of their trade exchange, number of agreements signed and the fruitful economic cooperation between the two countries,” he said. “Qatari-Turkish relations are distinct and can serve as a model for other countries. Qatar Chamber welcomes and urges Turkish and Qatari businessmen to set up more partnerships and joint ventures,
and to explore new areas of cooperation for the benefit of both countries,” Twar added. The QC vice chairman said Turkish companies were actively involved in several ongoing mega projects in Qatar that are part of the runup to the FIFA World Cup 2022. “About 60 Turkish companies are working in Qatar and are involved in 35 projects worth $16 billion. The total value of direct and indirect Qatari investment in Turkey is $18 billion, mostly in real stats and banks,” he added. According to Fatih Kemal, Chairman of Turkish Electro Technology Exportersf0’ Association Turkey is exporting goods and services worth $35 billion and this is one of the biggest revenue sources for the country. Turkish ElectroTechnology Exporters’ Association is a professional establishment which deals with the export activities of its members. It was founded on September 2, 1991 with the decision of the Council of Ministers of Turkey and has over 7,500 member companies. The Main Function of TET is to improve the export volume of the electrical, electronics and ICT industries on behalf of its members and in accordance with the needs of Turkey.
Seminars
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QC, Mawani Qatar discuss problems of food importers Q T
he meeting reviewed actions taken by Mwani Qatar, including the increase of fees imposed on importers and the problems faced by food importers in Qatar. Those who attended the meeting included QC Vice Chairman Mohamed bin Twar, Head of QC’s Trade and Research Committee Adel al Mannai, QC Director General Saleh al Sharqi, Director of Doha Port Management Captain Abdulaziz bin Nasser al Yafei and Head of operations Omar al Khyyat. Bin Twar said the chamber is keen to take stock of all obstacles being faced by its members, including food importers so that it could discuss suitable solutions with the authorities concerned. He praised the government’s efforts to streamline business environment and overcome obstacles facing the private sector. QC Vice chairman said the chamber will organise a visit of Hamad Port for
traders and business owners so that they become familiar with operations, procedures and work flow inside the port. He highlighted the role of the port in opening new horizons for businesses and facilitating the business climate. The chamber urged the authorities to find solutions to difficulties being faced by its members, Bin Twar added. For his part, Al Mannai stressed the importance of giving traders a chance to review new procedures before implementing them so that they can be well-prepared. Yafei thanked the chamber for hosting the event, and said that Mwani Qatar is looking forward to the importers’ suggestions so that it can find appropriate solutions.
He discussed the directives of Minister of Transport and Communications HE Jassim Saif Ahmed al Sulaiti on developing work procedures at the Hamad Port to make it a logistics centre for international trade. He said 56 systems are in place to save time and effort during the release of cargos at Hamad Port. He praised the cooperation of Qatar Chamber, General Authority of Customs, shipping lines and other bodies.
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atar Chamber’s (QC) Trade and Research Committee organised a gathering for officials of Qatar Ports Management Company ‘Mwani Qatar’ and food importers to review challenges being faced by them.
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Reports
12 Productive families displays their products in “ExpoTurkey”
Saleh bin Hamad Al Sharqi
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arious products including traditional clothing, perfumes and handicrafts have been carefully made by national hands who are committed to high standards of quality and affordable prices. Their products are displayed through exhibitions hosted by the country or via social media. They have different aspirations and a common objective which is empowering the local product to compete in local and international markets.
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l-Multaqa Magazine met with number of productive families and spotted their demands, views and challenges facing their business. On the sidelines of the “Expo Turkey by Qatar” held in 19th -21st April at the Qatar National Convention Centre (QNCC), Qatar Chamber which sponsored the expo enabled 12 productive families to display their products in the event featuring various products of some 150 Turkish companies in at least 10 economic sectors. They have exposed at the Chamber’s pavilion in an area of 240 sqm different Qatari products including abayas, perfumes, sweets, accessories and others. M Design Owner of “M Design” told al-Multaqqa extended her thanks to Qatar Chamber for enabling productive
families to display their products in the “Expo Turkey by Qatar” which attracted GCC and Turkish visitors along with residents. She noted that she has participated in the “Made in Qatar Exhibition” held last year in KAS. She said that: “We are doing all production phases at home and displaying our products via “Instagram” application or through exhibitions being organized inside or outside the country”. Ilham Al Ansari For her part, Ilham Al Ansari, a designer and owner of “Ilham Al Ansari Group”, said that has started her career ten years ago and has participated in number of inside and outside exhibitions and represented Qatar at an exhibition held at the Victoria Museum in London in 2013.
www.qatarchamber.com She praised the Chamber’s initiative aiming at supporting local production, noting that this is her first participation with the Chamber and expressed her thanking and appreciation for this opportunity. Frames Design Hassa al-Marwani from “Frames Design” said that during the expo many deals have been signed with Qatari designers thanks to their special designs that keep pace with Qatari traditions and occasions. We have partnerships with the Turkish side to manufacture our products in Turkey to take advantage from the Turkish technology and experience. Oud & Rehan Owner of “Oud & Rehan” project said that scents and fragrance of oud, basil and sandal are always present in all of our occasions. Foreign visitors admired gulf odors especially the oud oil. She gave a brief on kinds of perfumes which are different in prices and usage. There are kinds for clothes, homes, body and incenses in reasonable prices. She pointed out that she took part in the last edition of the “ Made in China” expo in Doha, praising the Chamber’s support to these businesses.
The idea gained great acceptance from customers, particularly it deals with colors painted on leather bags, travel bags and clothes with drawings or names. It is considered a recycling for old products, she noted. For his part, Director General of Qatar Chamber (QC) Saleh bin Hamad Al Sharqi renewed QC’s keenness to promote the productive families and assis them in developing their products and introducing them in the local market through exhibitions held in Qatar, referring in this regard to their previous participation in the “Made in Qatar” Expo. In this context, he stressed support for productive families as an important part of the national economy and a real nucleus for small and medium industries, pointing out that the Chamber will soon organize a special exhibition for productive families. Al Sharqi also praised the success of the “Expo Turkey by Qatar” and the Summit of Entrepreneurs, which paved the way for Qatari and Turkish businessmen to hold bilateral meetings during which they discussed means of enhancing cooperation and establishing joint ventures and projects that serve the economies of both countries.
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“Sobbogh & Brooch” The brochure of “Sobbogh & Brooch” indicates that it is specialized in painting on leather such as bags, wallets and clothes using acrylic colors. It is a way to put a distinctive Gulf touch on the international brands. This is our second participation with Qatar Chamber, said the owner of “Sobbogh & Brooch”.
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Exhibitions
More Than 150 Turkish Companies Participate in
“Expo Turkey by Qatar” E
xpo Turkey by Qatar, organized as part of the strong partnership between the two countries, kicked off on Wednesday with more than 150 Turkish companies exhibiting on an area of 20,000 square meters at Qatar National Convention Centre (QNCC).
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peaking during the opening of the three-day event, Qatar Chamber Vice Chairman Muhammed bin Towar said that organizing Expo Turkey for the first time in Qatar reflects the strong trade and economy relations that both countries share, adding that the exhibition, where top Turkish manufacturing companies are exhibiting, is held to further develop the relations and take it to a higher level of cooperation.
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Bin Twar added that the event provides an opportunity for Qatari businessmen and companies to closely explore the Turkish industries and products as well as consider the possibility of introducing it to the Qatari market.Turkish products have increased in quality over the past few years and are being sold in most of global markets, he said, adding that, hence, the Qatari traders are looking into introducing them to the market by forging partnerships and franchise contracts with Turkish manufacturing companies. The Qatar Chamber vice chairman said Turkey Expo is an important opportunity for bilateral meetings between Qatari and Turkish businessmen, which paves the way to achieve cooperation between
both parties by establishing partnerships that strengthens the trade exchange between both countries. HE Turkish Ambassador to Qatar Fikret Ozer said the trade volume between Qatar and Turkey has increased, where the Turkish exports to Qatar were valued at nearly $250 million four years ago, and increased by the end of 2016 to nearly $440 million. On the other hand, Qatar’s exports to Turkey stood at $525 million four years ago, and increased to $835 million by the end of 2015. HE the ambassador added that
the continuous development in the trade relations between both countries indicates that the trade volume may reach $2 billion soon. Organizing Expo Turkey by Qatar shows the strong relations and strategic cooperation between both countries, and reflects the leaderships’ desire to push it forward, the ambassador said. He said that the current trade volume does not reflect the large momentum the political relations enjoy, hoping that the hosting the expo in Doha will increases the trade volume between both countries, especially that Turkey is working on
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Kuzu said the total cost of the project is valued at nearly $2.7 billion with 145 residential units sold till now, 45 of which were purchased by Qataris. Buyers may pay over 36 monthly installments with no interest with a 20-percent down payment, Kuzu added. Upon completion of the project, the number of residential units will stand at 1,400 over an area of 120,000 square meters. Expo Turkey by Qatar aims to increase opportunities for cooperation between Turkish and
Qatari companies by establishing partner projects and transferring knowledge and technology so as to turn Qatar into commercial portal for Turkey in the MENA region. The expo reflects aspects of the Turkish culture in order to introduce the public to diverse and rich models of it. The equipment at QNCC helps in this regard as it is provides the best platform for direct communication between investors and production companies to establish partnerships and sell products. (QNA) .
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diversifying its commodity exports to Qatar. In a press statement, Ozen Kuzu, CEO of Kuzu Group, the developer of Sea Pearl Atakoy project, which is being constructed on a land area of 120,000 square meters owned by Qatari Diar in Istanbul, said the first phase of the project is 90 percent complete, with the first units set to be delivered within four months and the rest of the project is planned to conclude by the end of 2018.
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Training
QICCA concludes the “Professional Certificate 2017”
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atar Chamber’s Qatar International Center for Conciliation and Arbitration (QICCA) concluded the second edition of the Professional Program for Training and Qualifying Arbitrators – the Professional Certificate 2017 in collaboration with GCC Arbitration Center (Daru el-Qarar).
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ommenting on the program, QICCA Assistant Secretary General Ibrahim Shahbik said on the sidelines of the concluding ceremony that QICCA has recommended to help participants to take part in the commercial arbitration cases in order to enhance their skills and prepare them practically. A large number of lawyers, engineers and accountants took part in the program during 90 training hours.
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For his part, GCC Arbitration Center Secretary General Ahmed Najm praised the role played by QICCA in training and qualifying Qatari and Arab cadres to practice arbitration. He added: “ We are interested to introduce new materials and improvements in each edition. We are considering increasing the practical exercises in the program in the third and fourth editions”.
He extended thanking to QICCA for its continuous cooperation which reflected on qualifying more than 100 participants during two years. Participants of the second edition expressed their satisfaction and thanking to QICCA for organizing this program which coincided with the issuance of the New Arbitration Law.
www.qatarchamber.com
Organized by ICSS:
QC to participate in
“Save the Dream” week in Italy
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atar Chamber’s Director General Saleh bin Hamad Al Sharqi took part in the “Save the Dream” week which was held by the International Centre for Sports Security (ICSS) in Rome and Milan, Italy.
he event aims at enhancing integrity, security and safety in sport.
It was attended by Qatar’s ambassador to Italy HE. Abdul-Aziz bin Ahmed Al-Malki, ICSS chairman and founder of the initiative Mohammed bin Hanzab and representatives of Qatar Airways and Italian Soccer League “Serie A” . Al Sharqi expressed thanking and appreciation to the support and attendance of the Qatar’s ambassador to the ceremony, assuring his gratitude to the efforts exerted by the ICSS for protecting the integrity in sport being an international reference for all aspects of sport integrity, safety and security.
He stressed in his welcome speech the importance of this initiative in raising awareness among youth and enabling them through number of initiatives which promote values and ethics among sport youth worldwide. QC’s Director General assured the Chamber’s interested to support all events held by the ICSS with a view to bolstering values of integrity and security in sport, pointing to the partnership agreement signed between the Chamber and the Center under the a joint initiative titled “Sport and Business”. The initiative mainly aims to strengthening the communication and participation of the private sector in the Center’s programs and event, he added.
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