DOHA, Qatar, Mar 2 (NNN-QNA) – The Qatari Businessmen Association (QBA), organised here, ‘Qatar-Malta Business’ Seminar, in cooperation with the Chamber of Commerce of Malta.

The event discussed prospects of joint cooperation and mechanisms, for enhancing communication between businessmen of both countries, in order to enter into new partnerships, aimed at promoting economic diversification in Qatar and Malta.

Chairman of QBA, Sheikh Faisal bin Qassim Al-Thani, said, during the opening of the Seminar, Qatar has witnessed great development in all fields, especially infrastructure sector, in line with Qatar National Vision (QNV) 2030, to achieve human, social and economic development, while seeking to diversify the economic base.

The meeting comes in the context of raising bilateral relations to a higher level of cooperation, so as to open communication channels with businessmen in Malta, and identifying investment opportunities on the ground, to

serve the interests of both countries, Sheikh Faisal explained.

He expressed hope that the meeting would be fruitful and promote joint economic and trade relations, by opening up new areas, which would be positively reflected on the two countries’ economy.

Qatar Financial Centre (QFC), Chief Executive Officer, Yousuf Mohamed Al Jaida, made a presentation on QFC’s role, to facilitate the entry of foreign companies to the state and their contribution to promote the diversification of the Qatari economy.

He stressed on Qatar’s keenness to reach positive solutions and create successful partnerships with leading companies, as well as, to facilitate the entry of foreign investors to Doha.

Qatar’s strategy to diversify its economy stems from Qatar National Vision 2030 and its four main pillars – Human Development; Social Development; Economic Development and Environmental Development, Al Jaida said.

He noted that, while most countries were affected by the low price of oil, Qatar was among the countries that wisely managed this crisis, as it saw large positive contributions of the non-hydrocarbon sector in the economy, with expectations for a higher contribution in the future.–

Source: Nam News Network