Qatar A Key Partner In International Trade And Investment

Doha, Qatar: Qatar has solidified its position as a leading global trade hub and boosted its economic impact as a key partner in international trade and investment which has been achieved through various mechanisms, including legislative and regulatory reforms, energy diversification and sustainability, and the development of advanced infrastructure and logistics, said Mohammad Al Obaidly, Board Member of Qatar Chamber.

The panel session entitled 'Qatar's Growing Firepower as a Trading Nation' during the 'Qatar Trade and Treasury Transformation Summit' explored how recent geopolitical shifts are impacting Qatar's key trade relationships.

During the session, Mohammad Al Obaidly, Board Member of Qatar Chamber emphasised that integrating digital transformation, entrepreneurship, and financial and banking systems play a vital role in laying a solid foundation for bold investments and global partnerships. He highlighted the importance of regional cooperation in enhancing Qatar's trade competitiveness.

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Chairman of AbuIssa Holding, Ashraf AbuIssa emphasised the importance of fostering economic and trade cooperation with countries in the region, particularly the GCC. He highlighted the need to explore new global markets considering current economic challenges and to capitalise on the significant progress Qatar has achieved in sectors such as communications, media, tourism, industry, and others.

Meanwhile Founder and Chairman of Al Sulaiti Law Firm, Mubarak Al Sulaiti discussed the importance of organising the Qatar Trade and Treasury Transformation Summit as a platform to present ideas and visions in light of global economic developments. He highlighted the legal and legislative environment for business in Qatar, emphasising that laws and regulations are integral to trade and economic activity.

For his part, Executive General Manager and Chief Wholesale and International Banking Officer at Commercial Bank Qatar, Fahad Badar highlighted Commercial Bank Qatar's efforts in the fintech sector, particularly its commitment to developing and implementing innovative financial solutions in alignment with the Qatar Fintech Strategy 2023 launched by (QCB).

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