Business

US is among top destinations for Qatari investments, says Sheikh Khalifa

US is among top destinations for Qatari investments, says Sheikh Khalifa

March 26, 2022 | 08:43 PM
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani in a meeting with a high-level US delegation headed by former US Representative Jane Harman.
The US is one of the most important destinations for Qatari investments, according to Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, who also stressed that the North American country holds many investments in various fields.Sheikh Khalifa made the statement during a recent meeting at the chamber’s Doha headquarters with a high-level US delegation headed by former US Representative Jane Harman.The delegation also included Paula Dobriansky, former Under Secretary for Global Affairs; Ann Patterson, former Assistant Secretary for Near Eastern Affairs; and Maureen Quinn, former US ambassador to Qatar.Joining them during the meeting were Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari and several of the chamber’s board members, as well as Sheikha Mayes bint Hamad al-Thani, the managing director of the US-Qatar Business Council (USQBC) Doha Office.Sheikh Khalifa lauded the distinguished relations between the State of Qatar and the US, stressing the interest to develop co-operation links between Qatari and American business sectors and urging companies from both sides to boost cooperation and forge partnerships.The meeting also revolved around economic and commercial co-operation between both countries and the many opportunities for Qatari investors in the US. He said Qatar is attractive to foreign investments and offers a lot of incentives in various sectors, such as the digital economy, financial services, knowledge-based economy, technology, food security, and tourism, among others.Sheikh Khalifa underscored the chamber’s interest in the US economy and that it encourages Qatari businessmen to explore opportunities available there and take advantage of Qatar-US ties. He also noted that the government encourages the Qatari youth to establish businesses abroad.He also informed the US delegation on Qatar’s economy, investment climate, and legislative reforms adopted by the State, as well as labour reforms aimed at safeguarding the rights of expatriate workers.Elaborating on the role of Qatari women, Sheikh Khalifa assured that Qatar attaches great interest to empowering women in all fields, adding that Qatari women are accomplished in many achievements and have occupied high positions in society.Harman said US businessmen are interested to invest in Qatar, praising the significant boom the country is witnessing in all fields and its strategy to reduce its dependence on energy by diversifying income resources. She also lauded Qatar’s interest in enabling women to educate, work, occupy high positions, and establish businesses. The US delegation also praised the key role played by the USQBC, as well as the labour reforms achieved within the past few years, which affirms that Qatar is a promising investment market in many sectors.
March 26, 2022 | 08:43 PM