Vice Chancellor and the Minister for Economic Affairs and Climate Action in the Federal Republic of Germany H E Robert Habeck with QBA Chairman Sheikh Faisal bin Qassim Al Thani and other officials and members of QBA.
Doha: Vice Chancellor and the Minister for Economic Affairs and Climate Action in the Federal Republic of Germany H E Robert Habeck, said yesterday that his visit to Qatar with a high-level economic delegation aims at strengthening the economic relations between the two countries and exploring new opportunities in both Doha and Berlin. This came during a business dinner organised by the Qatari Businessmen Association in Sheikh Faisal bin Qassim Museum and attended by more than 100 guests from the business community in both countries.
From QBA, the meeting was headed by Sheikh Faisal bin Qassim Al Thani, and attended by Hussein Al Fardan, QBA first Deputy, in addition to Sheikh Hamad bin Jabor Al Thani. From QBA Board Sherida Al Kaabi and Saud Al Mana attended, while from QBA members, Khalid Al Mannai, Abdul Salam Issa Abu Issa, Yousef Al Mahmoud, Haider Mashhadi, Sheikh Khalid bin Nawaf Al Thani, Sheikh Jabor bin Hamad Al Thani and Sarah Abdullah, Deputy GM also attended the meeting.
Sheikh Faisal bin Qassim Al Thani, QBA Chairman, described the visit of Vice Chancellor and the Minister for Economic Affairs and Climate Action and his accompanying delegation at FBQ Museum, as a distinguished and important step towards strengthening the relations between the two countries. He also added “we have been honoured today by the visit of the German Vice Chancellor and the Qatari businessmen as well as more than 60 representatives of German companies, confirming the depth of the relationship between the two countries, which provide great investment opportunities”
Sheikh Faisal also praised the investments of German companies in Qatar, which contributed to the success of a number of Qatar World Cup projects, as well as Qatar Vision 2030, in addition to the success of the investments of a number of Qatari companies in Germany in various fields.
For his part, Hussein Ibrahim Al Fardan, stressed out during the dinner that was organized by QBA in honour of the German delegation, that QBA is working to link economic relations with delegations and major companies that visit Qatar and translate this into real investments, and called on German companies to invest in Qatar, as Qatari law offers significant incentives to foreign investor, including full ownership of banks. He also pointed out that the world is changing, and Qatar is also changing and offering privileges and proper investment climate for all international companies accompanied by a package of legislation, a sophisticated infrastructure as well as a strong logistical structure.
As for H E Dr. Claudius Fischbach, Ambassador of the Federal Republic of Germany to Qatar, he expressed his happiness with this visit and for meeting QBA members, where the German delegation, which includes major German companies active in the sectors of energy, technology, industry and finance, discussed joint investment opportunities, given the great potential offered by Doha and Berlin.
Vice-Chancellor and the Minister for Economic Affairs and Climate Action praised Sheikh Faisal bin Qassim Museum in Al Shahaniya, where he visited all the sections that immortalize an entire history, from the sections of cars to the gallery of the Noble Qur’an and coins, and a large group of unique and unusual artifacts from more than four continents. This collection contains pieces from the Jurassic period until the early Islamic era and to the present day.
The volume of bilateral trade between Qatar and Germany amounted to QR11.2bn in 2021, up from QR6.4bn in 2020, according to the Planning and Statistics Authority.
This qualitative increase is due to the increase in the volume of Qatari exports from QR500m to more than QR5bn. Most of the Qatari imports are cars and aircraft spare parts, while liquefied gas is the backbone of Qatari exports.
