Syrian President Invites QBA Members to Damascus to Explore Investment Opportunities
His Excellency President Ahmad Al-Shar’a, President of the Syrian Arab Republic, received the Chairman and members of the Qatari Businessmen Association (QBA) at his residence in doha on the sidelines of his participation in the Doha Forum. His Excellency invited QBA’s members to visit Damascus to explore investment opportunities across various economic sectors.
The Qatari Businessmen Association delegation included Sheikh Faisal bin Qassim Al Thani, QBA Chairman; Board Members Sheikh Hamad bin Faisal Al Thani and Sheikh Nawaf Bin Nasser Al Thani; and QBA members Sheikh Mansour bin Jassim Al Thani, Mr. Mohammed Moataz Al-Khayaat, Mr. Hamad bin Mohammed Al-Mana, Mr. Khaled Al-Mannai, Mr. Faisal Al-Mana, Mr. Abdulrahman Al-Mana, Mr. Ihsan Al-Khiyami, and Ms. Sarah Abdullah, QBA General Manager.
The meeting was also attended by His Excellency Mr. Asaad Al-Shibani, Minister of Foreign Affairs and Expatriates of the Syrian Arab Republic.
The discussions focused on bilateral cooperation between the two brotherly countries in the commercial and economic fields, and on the role of the private sector in strengthening and expanding these relations, especially as Syria is currently undergoing an extensive reconstruction phase.
Historic Relations
President Al-Shar’a affirmed the strong ties with His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, reflecting the depth of the historical relationship between the State of Qatar and the Syrian Arab Republic—a relationship that can be translated into tangible investment partnerships.
His Excellency explained that Syria is currently working on reforming its investment laws and providing incentives for foreign investors. He noted that the country is now open to major international companies, many of which started investing in energy, gas, and electricity sectors. He further highlighted that Qatari companies are already active in these fields and also hold investments at Damascus International Airport.
President Al-Shar’a encouraged Qatari businessmen to invest in Syria and enter into projects and ventures across various economic sectors, calling for the establishment of strategic partnerships between Qatari and Syrian companies.
Diverse Opportunities
For his part, Sheikh Faisal bin Qassim Al Thani, Chairman of the Qatari Businessmen Association, welcomed the Syrian President, emphasizing QBA’s appreciation for the visit and the mutual commitment to strengthening bilateral cooperation. He stated that the strong historical and social ties between Qatar and Syria provide a solid foundation for expanding economic partnerships. He added that Syria is currently undergoing a phase that offers distinctive investment opportunities in several sectors, expressing QBA’s eagerness to transform these opportunities into practical projects and sustainable partnerships that serve the interests of both countries.
During the meeting, QBA Board Member Sheikh Hamad bin Faisal Al Thani stated that the positive relations between Doha and Damascus today will encourage Qatari businessmen to invest in Syria, affirming that the current period is highly suitable for investments in industry, infrastructure, and other productive sectors.
For his part, Sheikh Nawaf Bin Nasser Al Thani, QBA Board Member, noted that QBA, under the chairmanship of Sheikh Faisal bin Qassim Al Thani, will organise a visit to Damascus to review potential investment opportunities and discuss ways to enhance cooperation with relevant authorities and Syrian businessmen. He highlighted the importance of developing investment laws to further motivate investors to enter the Syrian market.