USQBC underscores role in promoting investments, attracting FDI| Gulf Times – Gulf Times

USQBC underscores role in promoting investments, attracting FDI| Gulf Times – Gulf Times

Sheikha Mayes al-Thani, managing director of USQBC in Qatar.

An official of the US-Qatar Business Council (USQBC) has underscored its commitment to promoting investment opportunities and attracting foreign direct investments (FDI) in line with the Qatar National Vision 2030.“Promoting trade and business opportunities beyond traditional sectors can help companies explore new avenues and sectors aligned with the vision’s goals, such as technology, innovation, renewable energy, and tourism,” according to Sheikha Mayes al-Thani, managing director of USQBC in Qatar.USQBC aims to foster investment flows that contribute to the goals of the Qatar National Vision 2030 by providing information, market insight, and networking platforms to facilitate the exchange of information between businesses from the US and Qatar, Sheikha Mayes stated in the latest edition of ‘The Business Year: Qatar 2024’.On Qatar’s business climate and potential for growth and investment, Sheikha Mayes told TBY that the government has been active in diversifying the economy and reducing its dependence on hydrocarbon revenues.“The Qatari business environment is favourable, with several factors that contribute to its potential for growth and investment. First, its substantial oil and gas reserves have contributed significantly to Qatar’s economic stability and robustness. Several policies were also implemented by the government