IPA Qatar And The German Federal Association For SMEs Sign A Memorandum Of Understanding That Sees The Latter Launch Its First Office In The GCC

IPA Qatar And The German Federal Association For SMEs Sign A Memorandum Of Understanding That Sees The Latter Launch Its First Office In The GCC

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The Investment Promotion Agency of Qatar (IPA Qatar), the agency overseeing investment activities under the Invest Qatar brand, and the German Federal Association for Small and Medium-Sized Businesses (BVMW), a cross-sectoral association representing the interests of small and medium-sized enterprises (SMEs), have come together to launch a BVMW representative office in Qatar's capital city, Doha. The inauguration marks BVMW's first headquarters in the GCC region.

The announcement follows the signing of a memorandum of understanding (MoU) between IPA Qatar and BVMW, which aims to enable further Qatari-German economic and commercial cooperation while also identifying new opportunities within Qatar's SME sector. The newly launched BVMW office in Doha will thus aim to connect the 900,000 members that fall under BVMW with their Qatari counterparts. Furthermore, it will also serve as a platform that connects German businesses with potential partners across the region.

The new office's inauguration was attended by the likes of HE Saleh bin Majid Al-Khulaifi, Assistant Undersecretary of Commerce and Affairs, Qatar Ministry of Commerce and Industry; Sheikh Ali Alwaleed Al-Thani, CEO, IPA Qatar; and Markus Jerger, Executive Chairman, BVMW. Additionally, a delegation of German business leaders representing