UAE, Qatar focus on wider investments

Abu Dhabi / WAM

The second UAE-Qatar Business Forum focused on ways to promote building a variety of economic partnerships and supporting the goals of
sustainable development. The meeting also discussed opening up wider
horizons for mutual investments to
enhance the joint cooperation and consolidation of efforts to bring about desired economic integration among the GCC countries.
The Forum, which kicked off on Thursday at Ritz-Carlton Hotel Abu Dhabi, was organised by the Ministry of Economy in cooperation with the Abu Dhabi Chamber of Commerce and Industry and the Qatari Ministry of Economy and Commerce.
Sultan bin Saeed Al Mansouri, UAE Minister of Economy, in the presence of Sheikh Ahmed bin Jassim Al Thani, Minister of Economy and Commerce of Qatar, opened the event with his Qatari counterpart, Sheikh Ahmed bin Jassem bin Hamad Al Thani, Minister of Economy and Commerce of Qatar.
The Forum also reviewed bilateral investment opportunities and potential of developing joint plans and
programmes of action to translate the opportunities into partnerships on the ground, particularly small and medium enterprises and innovation sector.
It also stressed the importance of strengthening the role of the private sector and the business community to open horizons and new markets for economic cooperation and trade
exchange, and to keep the UAE and Qatari national companies posted about the investment opportunities.
Al Mansouri emphasized the importance of holding the Forum, which represents the unique interactive platform to promote atmosphere of partnership, economic interdependence and revamps bonds of brotherhood between the two countries. “We are witnessing today changing economic conditions around the world starting from lower oil prices and a slowdown in some of the major global economies up to the political and security situation in the region and other factors.”