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Qatar participates in 28th St Petersburg International Economic Forum
Qatar participates in 28th St Petersburg International Economic Forum

Qatar Tribune

time22-06-2025

  • Business
  • Qatar Tribune

Qatar participates in 28th St Petersburg International Economic Forum

St Petersburg: The State of Qatar participated in the 28th St Petersburg International Economic Forum, which took place in Russia over four days, with the participation of several heads of government, senior officials, and experts from around the world. The State of Qatar's official delegation was led byMinister of State for Foreign Trade Affairs HE Dr Ahmed bin Mohammed Al Sayed and representatives from the Ministry of Commerce and Industry, the Qatar Investment Authority, the Investment Promotion Agency Qatar (Invest Qatar), and the Qatar Chamber of Commerce and Industry. The Qatari delegation highlighted the strength of Qatar's economy and its leading position both regionally and internationally. They also showcased the country's attractive investment environment for global businesspeople and investors, presenting key incentives, advantages, and initiatives launched to support the private sector and enhance the competitiveness and diversification of Qatar's economy in line with Qatar National Vision 2030. The Minister of State for Foreign Trade Affairsآparticipated in the forum's plenary session, attended by President of the Russian Federation HE Vladimir Putin, along with a number of prominent political and economic figures and decision-makers from around the world. Dr Al Sayed also took part in a high-level discussion session on searching for new engines of growth: redesigning the global financial and trade framework. During his remarks in the session, he highlighted the State of Qatar's role in promoting innovation and research as key pillars for sustainable economic growth. Dr Al Sayed pointed to the Qatar Research, Development and Innovation Strategy 2030, which aims to bring about a qualitative transformation by enhancing institutional infrastructure and setting national priorities in areas such as food security, health, energy, technology, and logistics. He said that Qatar is encouraging both the public and private sectors to adopt advanced technological solutions that enhance efficiency and competitiveness and support entrepreneurship, particularly in priority sectors. He also deemed the Gulf Cooperation Council (GCC) as a successful regional integration model, noting its achievements in unifying economic systems and policies, and in strengthening joint infrastructure and services. His Excellency added that the GCC is steadily progressing toward full economic integration, further solidifying its position as a global financial and investment hub. Dr Al Sayed also pointed out that the GDP of GCC countries has reached approximately USD 2.2 trillion, placing the bloc 9th globally. Furthermore, GCC financial markets rank 7th worldwide in terms of market capitalization, representing 4.3 percent of total global markets. In 2024, the non-oil sector contributed 75.9 percent of the region's GDP. He also highlighted Qatar's success in implementing a digital economy, driven by its advanced infrastructure and adoption of Fourth Industrial Revolution technologies, positioning the country at the forefront of the global shift toward a knowledge-based economy. On the sidelines of the forum, the Minister of State for Foreign Trade Affairsآheld separate meetings with Russian Deputy Minister of Agriculture HE Maxim Markovich and Chairman of VTB Ban Andrei Kostin. The meetings explored prospects for cooperation across various sectors and highlighted Qatar's attractiveness in terms of the incentives, legislation, and the promising opportunities it offers to encourage entrepreneurs and business leaders to investment. He also toured the accompanying exhibition, visiting the pavilion of the Kingdom of Bahrain - this year's guest of honour - along with other participating entities. He was briefed on the latest services and innovations present in sectors such as industry, financial services and insurance, information technology, healthcare, education and science, business consulting, telecommunications, logistics and transport, real estate, hospitality and tourism, and metals and mining.

Qatar, Oman discuss enhancing trade and investment cooperation
Qatar, Oman discuss enhancing trade and investment cooperation

Qatar Tribune

time26-05-2025

  • Business
  • Qatar Tribune

Qatar, Oman discuss enhancing trade and investment cooperation

MUSCAT: Minister of State for Foreign Trade Affairs at the Ministry of Commerce and Industry HE Dr Ahmed bin Mohammed Al Sayed and Minister of Commerce, Industry and Investment Promotion of the Sultanate of Oman HE Qais bin Mohammed Al Yousef have discussed the growing economic relations and ways to enhance joint cooperation in trade and investment in order to achieve mutual interests and contribute to advancing economic development in the two brotherly countries. This came on the sidelines of his visit to the Sultanate of Oman, heading an official Qatari trade and investment delegation comprising several government institutions and representatives from the private and public sectors. As part of the visit, the Minister of State for Foreign Trade Affairs at the Ministry of Commerce and Industry met with Chairman of the Public Authority for Special Economic Zones and Free Zones in the Sultanate of Oman Dr Ali bin Masoud Al Sunaidy, with the meeting focusing on areas of cooperation in developing free zones and exchanging expertise on business environments that attract investment.

Oman, Qatar explore strengthening trade exchange
Oman, Qatar explore strengthening trade exchange

Times of Oman

time25-05-2025

  • Business
  • Times of Oman

Oman, Qatar explore strengthening trade exchange

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, on Sunday received Dr. Ahmed bin Mohammed Al Sayed, Minister of State for Foreign Trade of the State of Qatar, at the "Invest Oman" lounge to discuss enhancing trade and investment exchange between the two countries. The meeting reviewed the growing economic relations between Oman and Qatar and explored ways to strengthen joint cooperation in commercial and investment fields. This aims to achieve mutual benefits and contribute to advancing economic development in both nations. During the visit, several visual presentations were delivered, including an overview of the Ministry of Commerce, Industry, and Investment Promotion's mandates, an introduction to the "Invest Oman" platform, and a showcase of the Ministry's strategic partnerships and overseas offices. Additionally, investment opportunities available through the Ministry of Housing and Urban Planning were highlighted. The Qatari delegation toured various sections of the "Invest Oman" lounge and examined the integrated services it provides to local and international investors. Designed as a unified window, the facility helps expedite procedures and offers an attractive, investment-friendly environment. The meeting also featured a detailed presentation on Oman's investment incentives, the "Investor Residency" program, and the facilities available in special economic zones and free zones, which serve as key pillars for attracting investors to Oman. The meeting was attended by Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Commerce and Industry, Ibtisam Ahmed Al Farooji, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion, Sheikh Jassim Abdulrahman Al Thani, Qatar's Ambassador to Oman and several officials from both sides.

Minister meets with Turkish delegation
Minister meets with Turkish delegation

Qatar Tribune

time23-05-2025

  • Business
  • Qatar Tribune

Minister meets with Turkish delegation

Minister of State for Foreign Trade Affairs at the Ministry of Commerce and Industry HE Dr Ahmed bin Mohammed Al Sayed met Mehmet Simsek, Minister of Treasury and Finance of the Türkiye, on the sidelines of Qatar Economic Forum 2025. During the meeting, the two sides discussed topics of common interest aimed at strengthening bilateral cooperation in the fields of trade and investment, as well as ways to support and develop mutual relations. They also exchanged views on key issues featured on the forum's agenda.

Foreign trade state minister discusses strengthening trade, investment cooperation with US officials
Foreign trade state minister discusses strengthening trade, investment cooperation with US officials

Qatar Tribune

time10-05-2025

  • Business
  • Qatar Tribune

Foreign trade state minister discusses strengthening trade, investment cooperation with US officials

WASHINGTON: Minister of State for Foreign Trade at the Ministry of Commerce and Industry HE Ahmed bin Mohammed Al Sayed has met with US Trade Representative (USTR) at the Office of the United States Trade Representative in Washington DC Jamieson Greer, as part of his official visit to the United States. During the meeting, the two sides discussed bilateral trade and investment relations between the two countries and ways to develop them. The discussions also touched on several topics of mutual interest and the latest global trade developments. The Minister of State for Foreign Trade also held meetings with officials from the US Department of Commerce and representatives of leading American technology firms.

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