09 Apr 2018 – 8:42

Qatari team’s US tour promotes economic ties

The Peninsula

Doha: Qatar’s economic tour in the United States, which includes four states, is the right step towards further promoting the economic relations and establishing partnerships between the Qatari and US business communities, said Rashid Al Mansouri, CEO of Qatar Exchange.

Al Mansouri noted that there is cooperation and coordination between Qatar Exchange and US stock exchanges and financial institutions, adding that a series of meetings will be held with US stock exchanges and buyers of major investment funds in the United States.

Participants in the exhibition associated with Qatar’s ongoing economic tour in the United States, which was held in Miami, Florida over two days, highlighted the importance of the exhibition in reaching to the local communities in the American cities.

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The exhibition highlighted the heritage and culture of Qatar and its leading economic position in the region, QNA reported.

Al Mansouri noted that the confidence in the Qatari economy has positively reflected on Qatar Exchange, highlighting the significance of the current economic tour in this regard.

He said that Qatar Exchange is currently focusing on the local market, attracting the largest number of listings during the next five years, providing more products to investors, attracting capitals and working with regulators to provide laws and regulations that keep pace with this stage.

Sheikh Faisal bin Qassim Al Thani, Chairman of Qatari Businessmen Association, said that the exhibition represents a unique event that drew the attention of the American people through a number of new shows and events, such as the cinema which attracted many people, as well as the distinguished young people who are involved in these events from various institutions in the State. He noted that the attendees a closer look at Qatar and learned about Qatar’s culture and heritage.

Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman of Qatar Chamber hailed the organisation of the exhibition which he considered as a great opportunity to introduce to Miami citizens the Qatari heritage and the remarkable development in the field of education in the State, as well as the 2022 World Cup projects.

Mayor of the City of Miami Francis Suarez said that the city is proud to be the starting point for Qatar’s Economic Tour, which will cover four US states to promote economic ties and strategic partnership between Qatar and the United States.

The Mayor of Miami said that Emir H H Sheikh Tamim bin Hamad Al Thani has honoured the city by attending personally in conjunction with the economic tour, pointing that H H could choose any city in the United States to visit but he chose to honour Miami.

Mayor Suarez further noted that H H the Emir’s visit contributes to strengthening the Qatari-US relations in various fields.

The Mayor of Miami said that the city looks forward to establishing strong partnerships with Doha in various fields, especially in the technology sector and the exchange of experiences. He noted that he had seen a video about Qatar in the pavilion of the Supreme Committee for Delivery and Legacy, showing the development of Doha which has inspired him and made him even wondered if there was a nicer city than Miami.

He highlighted many similarities between the two cities, and expressed hope to visit Doha in order to strengthen the bilateral relations and create greater partnerships in various fields.

Mayor stressed that strengthening the partnerships between Doha and Miami is very important because there are many commonalities between them and it is very important for the world cities to remain connected.

He added that many countries chose the city of Miami to establish economic relations and to explore investment opportunities, noting that the city has become a gateway for many countries to enter the US and global market.

The Mayor noted that Miami is currently focusing on the construction and real estate sector, aiming at developing a new system that attracts more companies and investors from around the world.

For his part, Ashraf Abu Issa, a businessman, praised the organization of the exhibition and the well selected location, as well as Miami government’s support for the exhibition by attending the opening.

He stressed importance of the exhibition in strengthening the relations between Qatar and the United States, as it educates Americans about Qatar and about the Qatari-US rapprochement, which creates future partnerships between businessmen and the private sectors in both countries.

From the Exhibition, Director of Public Relations and Communication at the Ministry of Economy and Commerce Tariq Abdulaziz Al Sada said that the Ministry’s pavilion focuses on the advantages of the Qatari economy and highlights the depth of the strategic partnership between Qatar and the United States by providing interactive infographic designs that address the fundamentals of the business environment in the State and identify the most prominent Qatari investments in the United States, as well as the progress of the bilateral relations between the two countries in various fields.

Abdullah Al Musallam of the Doha Film Institute talked about the activities of the pavilion at the exhibition which represents everything related to the film industry sector in Qatar and aspects of cooperation with the United States in this regard.

Meanwhile, Mohammed Qassim Al Emadi, representative of the Supreme Committee for Delivery and Legacy, said that the participation of the Committee in the event contributes to represent a detailed explanation of the Committee’s vision and initiatives, which include the stadiums of the World Cup. Six stadiums were shown in the exhibition.

Al Emadi added that the Committee’s pavilion received a big turnout particularly through the video presentations. The Committee also presented its initiatives, including Challenge 22, the Generation Amazing and the Josoor Institute. Al Emadi noted that all these initiatives confirm that the organisation of the 2022 World Cup is not only for Qatar, but also for the Arab World and the Middle East in particular.

Sheikha Aisha Hassan Al Thani from the Marketing Department at Qatar Foundation said that the participation of Qatar Foundation in the Exhibition aims at highlighting its activities and its important role in the education sector in Qatar.

She noted that the pavilion reflects primarily the cooperation between Qatar and the United States, noting that the Education City has about nine universities, including six American universities.