The Investment Promotion Agency of Qatar (IPA Qatar), in collaboration with the EU Delegation to the GCC, on Tuesday, hosted a special webinar entitled ‘Qatar's economic and digital transformation in the COVID-19 recovery phase' with the participation of members of the EU Mission, IPA Qatar and the Qatar Financial Centre (QFC), among others.

The webinar, with the active participation of IPA Qatar's CEO H E Sheikh Ali Alwaleed Al Thani, the EU's Minister Counsellor to Qatar Alar Olljum, and representatives of EU Missions in Qatar and business associations representing EU countries, offered an outlook on emerging opportunities expected to shape the future of investments in the country.

The webinar also announced the launch of a working group on the exchange of experiences and investment opportunities between Qatar and the EU Member States to advance European institutions' role in driving Qatar's economic diversification in the post-COVID era.

Qatar's plan to lift COVID-19 restrictions was also discussed, for which Sheikh Ali Alwaleed talked about the four phases of the plan as well as IPA Qatar's efforts to build on and stimulate a sustainable investment ecosystem.

The IPA Qatar CEO pointed out that the landscape looks promising with a multitude of opportunities emerging across sectors as institutions and industries continue to transform for the new economy.

During the webinar, Sheikh Ali Alwaleed discussed the series of well-coordinated actions IPA Qatar has taken to minimise the effects of COVID-19 on investors and accelerate support to the country's investment ecosystem, while continuing to optimize IPA Qatar's strategy for the digital delivery of its client services and stakeholder communications.

Alar Olljum commented: 'I believe that relations between the European Union and the State of Qatar will become even stronger and richer over the coming years. Indeed, from the EU side, we are committed to building a mutually beneficial comprehensive partnership, encompassing various spheres of engagement, which I anticipate will continue to further diversify and strengthen in the years to come.

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