Qatar offers secure, compelling proposition for global businesses

Doha, Qatar: Bolstered by more than 80 double taxation and investment protection agreements, Qatar offers a secure and compelling proposition for glob...

Doha, Qatar: Bolstered by more than 80 double taxation and investment protection agreements, Qatar offers a secure and compelling proposition for global businesses seeking scale and cross-border access

In an interview with The Peninsula Muhannad Mukahall, CEO and Head of Corporate, Commercial and Institutional Banking, Qatar at Standard Chartered highlighted Qatar’s pro-business environment for international investors and businesses seeking long-term opportunity. He also touched on the recent visit of the Hong Kong delegation to Qatar. 

The Hong Kong-Qatar corridor has emerged as a crucial conduit, not just linking Asia with Africa and the Middle East but also significantly enhancing trade, knowledge exchange, and investment between these rapidly developing regions.

“To further showcase our global network capabilities, Standard Chartered, being the leading international bank in Qatar, hosted a high-level networking luncheon on the sidelines of the visit to welcome the delegation to Qatar, showcase the country, and the bank’s international trade corridors, which align with the objectives of the visit,” he said.

Mukahall added, “We are well-placed for companies to leverage this corridor and access Qatar and the wider Gulf, which is expected to continue to grow as a market. As part of the visit, Standard Chartered Hong Kong also signed a Memorandum of Understanding with Fosun International Limited in Qatar to jointly explore business opportunities in the Middle East.”