Qatari-Malaysian Economic Forum Kicks off as Emir Begins Asia Tour

Published October 16th, 2017 - 11:00 GMT
Qatar's Emir Sheikh Tamim bin Hamad Al Thani inspects an honor guard during a welcome ceremony in Kuala Lumpur, Malaysia, on October 16, 2017. (Vincent Thian/ AP)
Qatar's Emir Sheikh Tamim bin Hamad Al Thani inspects an honor guard during a welcome ceremony in Kuala Lumpur, Malaysia, on October 16, 2017. (Vincent Thian/ AP)
  • Qatar's emir begins Asia tour with a two-day visit to Malaysia. 
  • The visit will see a Qatari-Malaysian Economic Forum in Kuala Lumpur on Monday. 
  • The forum will feature a series of discussions related to 2022 World Cup projects, investment opportunities and joint projects in the energy sector.
  • A number of MoUs are expected to be signed as Qatar looks for international allies and investors amid the ongoing Gulf rift.

 

The Qatari ministry of economy, in cooperation with the ministry of international trade in Malaysia, will hold the Qatari-Malaysian Economic Forum in Kuala Lumpur, today.

The event coincides with the visit of Qatar's Emir Sheikh Tamim bin Hamad Al Thani to Malaysia.

Qatar's $340 Billion In Reserves Enough To Face Gulf Crisis: Central Bank

The forum will bring together senior Qatari and Malaysian government officials, investors and economic experts to gain insight into investment opportunities in the trade, agriculture, tourism, industry, and services sectors, as well as various other economic fields in both countries.

The event will discuss how to promote and expand Qatari-Malaysian trade and economic ties, and present a prime opportunity for exchanging ideas and discussing issues of mutual interest. Participants will discuss potential partnerships, and how to take advantage of investment opportunities in Qatar and Malaysia.

Gulf States To Impose ‘More Economic Sanctions On Qatar’

The forum represents the latest effort in a series of initiatives by the Qatari ministry of economy to showcase Qatar’s attractive business environment and competitive economy in a bid to attract foreign investments.

During the forum, Qatari representatives will highlight the benefits of investing in Qatar and how the Malaysian private sector can take advantage of investment incentives offered by Qatar.

World Cup 2022 ‘On Track’ Says Fifa, Despite Qatar Crisis

The event will witness a series of workshops that will discuss opportunities for joint projects and investments, 2022 World Cup-related projects, challenges and opportunities for Qatari-Malaysian cooperation and opportunities in the energy sector, as well as investment opportunities in Malaysia.

Today, Malaysia ranks as Qatar’s 20th largest trade partner with a total of QR3.3bn ($904m) worth of traded goods in 2016, the equivalent of 2.85 percent of Qatar’s total trade exchange around the world. The forum will strengthen efforts to sign new agreements and memorandums of understanding to capitalize on these strong bilateral relations and create innovative investment opportunities.

Source: The Peninsula


© 2000 - 2022 Al Bawaba (www.albawaba.com)

You may also like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content