Arab News Headlines

H.E. Minister of Commerce and Industry meets President of the Investment Office of the Presidency of the Republic of Turkey

His Excellency Sheikh Mohammed bin Hamad bin Qassim Al-Abdullah Al-Thani, Minister of Commerce and Industry, met today with His Excellency Mr. A. Burak Daglioglu, President of the Investment Office of the Presidency of the Republic of Turkey, and the accompanying delegation currently visiting the country.

During the meeting, officials reviewed the bilateral relations between the two countries and discussed aspects of joint cooperation, especially in the trade, industrial, and investment fields, as well as ways to enhance and develop them.

During the meeting, His Excellency the Minister of Commerce and Industry highlighted the economic policies Qatar had put in place to support the private sector and attract foreign investments, especially the incentives, legislation, and investment opportunities made available in Qatar.

Trade and investment ties between Qatar and Turkey have witnessed significant growth. The volume of trade exchange between the two countries amounted to about one billion USD from January to August 2021.

Moreover, the number of Turkish companies operating in Qatar amounted to about 675 companies, including 38 companies wholly owned by the Turkish side and 636 companies established in partnership between the Qatari and Turkish sides, in addition to one Turkish company licensed under the Qatar Financial Centre.

Source: Ministry of Commerce and Industry