Officers throughout a Enterprise Lunch hosted by USQBC on the sidelines of the SelectUSA Funding Summit 2022.
Doha: The US-Qatar Enterprise Council (USQBC) hosted a Enterprise Lunch on June 29 on the sidelines of the SelectUSA Funding Summit 2022. The occasion featured Fahad Ali Al-Kuwari, the Senior Supervisor of Investor Relations on the Funding Promotion Company of Qatar (IPA Qatar).
The Enterprise Lunch was moderated by Mohammed Barakat, Managing Director and Treasurer of the Board of Administrators of USQBC, and was attended by Scott Taylor, President of USQBC; Fahad Al-Dosari, Qatar’s Industrial Attaché to the USA; USQBC members and companions; authorities representatives from each the US and Qatar; and the broader enterprise neighborhood.
Fahad Ali Al-Kuwari, Senior Supervisor of Investor Relations, Funding Promotion Company of Qatar (IPA Qatar); Nasser Ali Al-Kaabi, Investor Relations Officer, Funding Promotion Company of Qatar (IPA Qatar); Fahad Al-Dosari, Qatar’s Industrial Attaché to the USA; Scott Taylor, President, USQBC; Mohammed Barakat, Managing Director and Treasurer of the Board of Administrators, USQBC attended the occasion.
“American traders will discover Qatar to be a really engaging market,” stated Fahad Ali Al-Kuwari. “Not solely does the nation supply a wealth of incentives for funding, but it surely’s additionally among the finest locations on the planet to seek out workforce expertise. In truth, in 2021 the World Financial Discussion board ranked Qatar third globally in ease of discovering expert staff.”
“Qatar has put great emphasis on creating a sustainable funding ecosystem,” stated Nasser Ali Al-Kaabi, Investor Relations Officer on the Funding Promotion Company of Qatar (IPA Qatar). “The nation has put a big emphasis on creating prime notch infrastructure and incentives to make sure overseas traders have what they should benefit from the robust home market and wider area as effectively.”
“The State of Qatar represents one of many world’s most engaging funding locations,” stated Fahad Al-Dosari, Qatar’s Industrial Attaché to the USA. “American corporations are world leaders in all kinds of fields together with know-how, sensible cities, sports activities, media & leisure, amongst many others, and we look ahead to future discussions on the best way to broaden their exports to Qatar or set up themselves in Qatar as gateway to the broader area.”
“Qatar’s funding ecosystem continues to get much more engaging for American corporations,” stated Scott Taylor, President of USQBC. “The nation’s many pro-business reforms, incentives, and infrastructure has created a exceptional atmosphere for US corporations to ascertain themselves within the nation to not solely to faucet the home market, however to entry the complete area as effectively.”
“America and Qatar already share a thriving business and funding partnership,” stated Mohammed Barakat, the Managing Director and Treasurer of the Board of Administrators on the US-Qatar Enterprise Council.
“This go to underscores the significance of constructing upon this success and forging new enterprise & funding ties throughout all kinds of industries.”
Make investments Qatar is the nationwide model that showcases Qatar as an distinctive funding vacation spot, connecting worldwide traders to profitable enterprise alternatives that help their long-term success, whereas bringing progress to the nation’s financial improvement and diversification targets throughout sectors and geographies.
Only recently on sidelines of Qatar Financial Discussion board 2022, the Funding Promotion Company Qatar (IPA Qatar) signed two Memorandums of Understanding (MoUs) with Inexperienced Increase, a US-based producer of bio-degradable absorbents, and PricewaterhouseCoopers. The MoUs will allow these main worldwide corporations to deepen their presence in Qatar and create over 200 new jobs and entice a number of important funding, improvement, and coaching alternatives.
The bilateral enterprise ties between the USA and Qatar proceed to solidify with the overall financial relationship between them exceeding $200bn as of 2019. The US is Qatar’s largest overseas direct investor with a complete of $110.6bn in FDI and is the biggest single supply of exports to Qatar at $6.5bn in items in 2019. Previously 5 years, Qatar has imported over $23bn from the US, and over 850 US corporations now function in Qatar.
Qatar can be an more and more giant investor in the USA having pledged over $45bn in funding over the approaching years with key investments already having been made throughout a number of sectors together with oil and fuel, monetary know-how, actual property, meals manufacturing, and hospitality, amongst others.