Business Lunch with Malaysian Delegation

30 Apr 2012 Marriott Marquis City Center Doha Hotel

QBA Members attended

The Qatari Businessmen Association held a business lunch in honor of the visit of HE Mr. / Dato’ Sri Mustapa Mohamad, Minister of International Trade and Industry of Malaysia, and the accompanying delegation, in the presence of H.E. Mr. / Ahmad Jazri Bin Mohamad Johar, Ambassador of Malaysia in the State of Qatar, on April 30, 2012 at the Renaissance hotel.

The Qatari side was headed by Sheikh / Faisal Bin Qassim Al Thani, QBA chairman, and the meeting was attended by Mr. / Sherida Jubran Al Kaabi, member of the Board, and the distinguished QBA members Mr. / Khalid Mannai, Mr. / Siraj Al-Baker, Mr. / Nabil Abu Issa, Mr. / Tariq Naja, on behalf of Mr. Ali Abdul Rida Mashadi, and Ms. Sarah Abdullah, Deputy General Manager.

Both parties discussed the bilateral relations between Qatar and Malaysia, and spoke of  ways to strengthen the cooperation in various fields. The Malaysian minister spoke of Qatar as the third largest trade partner for Malaysia in the Gulf region, where the volume of trade exchange between the two countries reached 4.43 billion U.S. dollars, where Malaysia imports from Qatar raw and processed petroleum products along with petrochemicals, and Qatar imports from Malaysia electronic products, steel, wood materials, and food products. H.E. Mr. / Dato’ Sri Mustapa Mohamad additionally spoke of the shopping mall that will display Malaysian products and is currently under construction in Doha.

On the other side, Sheikh Faisal Bin Qassim Al Thani, welcomed the Malaysian Minister, and spoke of developed relations between the two countries, stating that the presence of the Mutual Fund between the two countries with a capital of $ 2 billion will enhance and further support the investment opportunities. The Qatari investments in Malaysia include the real estate sector and manufacturing of furniture and Islamic banks and others.

At the end of the meeting, HE Mr. / Dato’ Sri Mustapa Mohamad thanked QBA for the meeting, and invited them to visit Malaysia, as it is rich in investment opportunities and business possibilities in various fields, and is also considered a distinctive tourist destination.

It is worth mentioning that there are 15 Malaysian companies currently working in Qatar, mainly working in infrastructure projects, development and construction, with further Malaysian companies that are expected to operate in Qatar and participate in the projects related to hosting the World Cup 2022.