Qatar-UAE investment opportunities meeting discusses enhancing cooperation relations

Doha, Qatar:The Qatar Chamber (QC) hosted, on Thursday, a high level business delegation from the United Arab Emirates (UAE), comprising more than 50...

Doha, Qatar: The Qatar Chamber (QC) hosted, on Thursday, a high-level business delegation from the United Arab Emirates (UAE), comprising more than 50 businessmen and businesswomen. The delegation was headed by Vice President of the Federation of UAE Chambers and President of the Sharjah Chamber of Commerce and Industry, Abdullah bin Sultan Al Owais.

During the meeting, both sides discussed trade and economic cooperation relations between both countries and ways to enhance and develop them, as well as the role of the private sector in strengthening these relations and contributing further to increasing trade and investment exchange.

Discussions also touched on promoting mutual investments in the fields of food security, renewable energy, artificial intelligence, and logistics services.

In his remarks, Chairman of the Qatar Chamber, HE Sheikh Khalifa bin Jassim bin Mohammed Al-Thani said that trade and economic relations between Qatar and the UAE represent a model of strong Gulf cooperation, supported by the clear vision and will of the leaders of both brotherly countries. He noted that bilateral trade between the two nations witnessed a 50 percent growth last year, reaching QAR 28 billion compared to QAR 18 billion in the previous year.

He added that both countries serve as platforms for major initiatives and hubs for attracting international investments and markets, emphasizing that this provides opportunities for the Qatari and Emirati private sectors to cooperate in fields such as renewable energy, manufacturing industries, logistics services, food security, tourism, digital technology, and artificial intelligence.