Doha: The Qatari Businessmen Association (QBA) hosted the US Ambassador to Qatar, H E Timmy Davis, during a dinner held by Sheikh Dr. Khalid bin Thani Al Thani, QBA Deputy Chairman.
The dinner was attended by Sheikh Faisal bin Qassim Al Thani, QBA Chairman, and QBA board members Sheikh Nawaf Nasser bin Khalid Al Thani and Saud Al Mana.
Among QBA members who also attended were: Sheikh Mohammed bin Faisal Al Thani, Khaled Al Mannai, Sheikh Mansour bin Jassim Al Thani, Ashraf Abu Issa, Yusuf Al Mahmoud, Mohamed Altaf, and Ihsan Al Khiyami. Along with Abdul Basit Ahmed Al Sheibi, CEO of QIIB, and Sarah Abdallah, QBA Deputy GM.
Ambassador Timmy Davis emphasised the strong and lasting bilateral relations between the United States and the State of Qatar across various sectors of investment and business. He confirmed that there are significant opportunities to increase cooperation between the businessmen of both countries.
The meeting included constructive discussions about many economic aspects where cooperation could be enhanced and the investment opportunities available in the US for Qatari businessmen.
Sheikh Faisal bin Qassim Al Thani, Chairman of the Association, welcomed the guests, praising the strong bilateral relations between the State of Qatar and the United States, which have continuously developed and reached a distinguished stage of strategic partnership in all fields.
He added that the Qatari private sector is working to enhance cooperation opportunities and support economic relations between the two countries, having reached a level of maturity that allows it to form local or regional partnerships with a strategic partner like the United States.
For his part, Sheikh Dr. Khalid bin Thani highlighted that the depth of historical relations and ties between the State of Qatar and the United States helps the business sectors in both countries strengthen their cooperation for mutual benefit.
Sheikh Dr. Khalid bin Thani also mentioned the various investments of the Qatari private sector in the US market, whether related to tourism, services, or retail sectors, emphasising the importance of the US market, especially since it is one of the largest consumer markets in the world.
The trade relations between the Qatar and the United States have gained significant momentum since the signing of the Trade and Investment Framework Agreement (TIFA) in 2004, with the trade exchange between the two countries exceeding $9bn annually, making Doha a reliable trade partner for Washington.
American companies operating in Qatar contribute significantly to the country’s development, particularly with 856 American companies working in the Qatari market, according to the latest data from the Ministry of Commerce and Industry.
