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Qatari
Businessmen Association participated in organizing the Business
and investment in Qatar forum, which was held in New York City,
in the United State of America from 6-7 April, 2011 under the
patronage and in presence of H.E sheikh Hamad bin Jassim Bin
Jabor Al-Thani Prime minister and minister of foreign
affairs of the state of Qatar.
The forum was organized by the permanent committee for
organizing conference, and in cooperation with Ministry of
business and trade, Qatar chamber of commerce, Ministry of
energy and industry, Qatari businesswomen association, National
U.S-Arab Chamber of Commerce, U.S-Qatar Business council,
Bilateral US-Arab Chamber of Commerce, the forum achieved an
outstanding success in the business capital of America New York
City. Were it attracted more than 1000 businessmen and
representatives from big and medium American companies, which
shows the importance of the Qatari market to the American
business community, and the importance of Qatar as a center for
investment in the region.
The forum attracted a large number of highly distinguish
businessmen and decision makers from the state of Qatar, as the
number of Qatari delegation reached 400 participants.
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The two days forum featured several specialized sessions
included all components of Qatar national economy such as:
1. Investing in the future: Qatar 2030 & KBE
2. Energy and Industry.
3. Finance and Banking.
4. Media and ICT.
5. Infrastructure & Real Estate
6. Healthcare & Education.
7. Culture, Tourism & Sport.
The sessions were moderated by sectoral management and key
figures in the media and economy like Mr. Tim Sebastian from
BBC, Mr. Riz Khan form Al-Jazeera English, Mrs. Maria Bartiromo
form CNBC, and Mr. David Foster Form Al-Jazeera.
In addition to organizing the forum, Qatari businessmen also
participated by sending a high official delegation from its
members headed by First Deputy chairman Mr. Hussain Al-Fardan,
in the presence of the following board members Sheikh. Dr.
Khalid bin Thani Al-Thani, Second deputy chairman, Sheikh. Hamad
bin Faisal Al-Thani, Sheikh. Nawaf Bin Nasser Al-Thani and QBA
members Mr. Ibrahim Al-Jaidah, Mr. Salah Murad, Mr. Khalid
Al-Mannai, Mr. Salah Al-Jaidah and Sheikh. Abdullah bin Ahmed.
Sheikh Faisal Bin Qassim Al-Thani, Qatari Businessmen
Association Chairman has shown great interest in the association
participation in the event since it represents a great
opportunity for promoting Qatar as an investment destination and
business center, the forum reflected a great harmony and a joint
effort between the public and private sectors to serve the goals
of economic development in Qatar and the promotion of Qatar's
success. Mr. Al Fardan was keen to sponsor the forum through of
the Commercial Bank and United Development Company.
Qatari businessmen association also participated in the first
panel “Investing in the future: Qatar 2030 & KBE” through its
board member Sheikh. Hamad Bin Faisal Al-Thani, were he
delivered the following speech:
“On behalf of the Qatari businessmen association it is my
pleasure to address this distinguished gathering.
Qatar has become recognized as one of the most forward-thinking
and visionary countries in the world under the wise leadership
of his highness Sheikh. Hamad Bin Khalifa ALTHANI who has
developed a holistic vision based on Qatar Vision 2030.
The vision and determination of the Qatari government to
transform its energy-based economy into a knowledge-based
economy is unprecedented. The country’s IT and telecommunication
infrastructure is being regulated built to meet knowledge
economy requirements as defined by the United Nations.
As important the human talent has always been the fundamental
wealth of Qatar, by building an education city that have world
renowned best of Bread Universities in a variety of specialties
Qatar is on its way to bridge the gap to the knowledge economy
stage as a target.
The local private sector of Qatar has proven its willingness and
eagerness to cope with ongoing development. Business leaders
have acknowledged the requisite of improving business
opportunities, market competitiveness and growth capabilities
currently established in Qatar. The Qatari private sector has
adopted recent management trends, advanced training and
upgrading programs, technology requirement practices and
resource diversification approaches to improve and attract more
global international business opportunities.
QBA is committed to strengthen the private sector role in
fulfilling the vision of Qatar 2030 by actively promoting
business in Qatar and encouraging Qatari business community to
build alliances and partnerships with their counterparts from
all parts of the world. QBA can help American businesses looking
to do business in Qatar by providing guidance and advice.
QBA is committed to further develop existing commercial
relations with our counter parts in the United States of
America.”
There were five agreements signed between Qatari and US
companies on sidelines of the Forum, exceeded $ 2.5 billion
dollars. The main deal was Qatar Airways purchasing of five s777
Cargo airplanes from Boeing Company for a total value of $1.6
billion dollars.
During the forum’s sessions, new investment opportunities in
Qatar has been highlighted and investment incentive and
facilities provided by the State of Qatar to attract foreign
investment, In addition to the opportunities provided to the
Qatari businessmen and local institution to open up to the
American market, and meet business owners and American
institution.
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