US-Qatar Business Council (USQBC) has announced the launch of the USQBC Business Portal during the 4th Annual US-Qatar Strategic Dialogue.
The Portal will transform the US-Qatar business experience and enhance investment & trade between the two coun-tries. The digital platform offers unparalleled access to investment & trade-related information, USQBC services, proprietary and collated data, as well as providing an inter-active and curated experience of the US-Qatar business relationship.
The USQBC Business Portal features a unique business engine that yields curated infor-mation to help facilitate part-nerships, engagements, and matchmaking between Qatari and US businesses.
Through providing information regarding trade & investment, descriptions of key businesses, and resources on how to set up a business in the US and Qatar, the USQBC Business Portal pro-vides seamless integration with key initiatives of Qatari and US investment agencies and gov-ernment programs.
“The launch of the USQBC Business Portal will make doing business between the US and Qatar even easier,” Mohammed Barakat, Managing Director of USQBC, said upon the Portal’s launch. “It will capitalize on the already flourishing trade rela-tionship between the two coun-tries, and will benefit their gov-ernments & agencies, large cor-porations, and SMEs alike.”US investment in Qatar con-tinues to increase year on year due to Qatar’s ambitious pro-business reforms and infrastructure investment. The US is Qatar’s largest foreign direct investor with a total of $110.6bn in FDI and is the largest single source of exports to Qatar at $6.5bn in goods in 2019. In the past five years, Qatar has imported over $23bn from the US, and over 850+ US com-panies now operate in Qatar. Qatar is also an increasingly large investor in the United States having pledged $45bn in investment over the coming years.
“In addition to the Qatar and US markets, the USQBC Business Portal will benefit the global business community,” said Mayes bint Hamad Al Thani, Managing Director of USQBC Doha Office. “We expect high volumes of users from leading international academic institutions and think tanks, as well as international investors looking to gain a foothold in both countries.”
The USQBC Business Portal will cater to the entirety of the US and Qatari business com-munity from both the public and private sectors, especially those looking to expand their international footprint. In fact, over 6,000 projected Qatari SMEs have a defined strategy of international expansion or export development and 4.5 Million American companies agree that international expansion in emerging markets is needed for long-term growth.
The Portal will constantly be updated with the newest and most up-to-date trade & investment-related infor-mation based upon both col-lated and proprietary USQBC data
