Qatar: The money center participates in the work of the Bangladesh Investment Summit

The Qatar Financial Center, one of the leading financial and trade centers in the Middle East, participated in the Bangladesh Investment Summit under the title "Trade and investment potential in Bangladesh"which was held recently at the St. Regis Doha. The summit, organized by the Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA), showcased potential investment opportunities in Bangladesh across various sectors. In his opening remarks, Mr. Yusuf Mohamed Al Jaidah, Chief Executive Officer of the Qatar Financial Center said: "Bangladesh and Qatar have enjoyed a solid economic relationship for four decades, and it has grown significantly in recent years. This is evident in the growth of trade volume between the two countries, which rose from 948 million Qatari riyals in 2017 to more than 10 billion Qatari riyals in 2022." Added good: "In addition to the ICT sector, the energy and human capital sectors, there are many areas in which we can expand mutually beneficial investments and partnerships, such as agriculture, technological education, tourism, culture, sports and finance.". In turn, Sheikha Al Anoud bint Hamad Al Thani, Executive Vice President and Chief Business Officer of the Qatar Financial Center, participated in a panel discussion within the summit entitled: "Trade and investment opportunities between Bangladesh and Qatar"During which she emphasized the role of the Qatar Financial Center in expanding the bilateral partnership between the State of Qatar and Bangladesh. Sheikha Al Anoud said: "The Qatar Financial Center is a platform to facilitate investment between Qatar and the world. We are collaborating extensively with local organizations and authorities in Bangladesh to launch initiatives that stimulate bilateral investment opportunities. We also offer a large number of advantages that can help Bangladeshi companies to enter the Qatari market, and serve as an effective starting point for them to expand into the markets of the Middle East and North Africa region. ". On the sidelines of the summit, the Qatar Financial Center signed a memorandum of understanding with a company "Summit Ltd" Summit Oil & Shipping Company Limited, a leading developer, owner and operator of power generation assets, to start its business under the umbrella of the Qatar Financial Center to explore business opportunities and expand its presence in Qatar and beyond. Commenting on the memorandum of understanding, Sheikha Al Anoud said: "We are pleased to enter into an agreement with a global company with a strong commitment to sustainable growth and expertise in project development, and we look forward to discussing investment opportunities and future business for the company. "Summit" (Summit) in Qatar".