Qatar: QBA is keen to explore investments in Somalia, says Sheikh Faisal

Qatar: QBA is keen to explore investments in Somalia, says Sheikh Faisal

The Qatari Businessmen Association (QBA) has welcomed the invitation of Somalia’s President, Hassan Sheikh Mohamud, to visit and explore the East African country’s real estate, insurance, tourism, agriculture, and other investment sectors.

This was discussed during a meeting between Mohamud and QBA officials led by the association’s chairman, HE Sheikh Faisal bin Qassim al-Thani, which was held recently in Doha in the presence of Somalia’s Deputy Prime Minister Salah Ahmed Jama; Finance Minister Elmi Mohamed Nur; Director of the President’s office Hussein Sheikh Mahmoud; and chargé d’affaires Ron Saeed Qarsheen.

Other participants in the meeting included QBA board member Saud al-Mana and QBA members Sheikh Faisal bin Fahad, Nabil Abu Issa, Abdullah al-Kubaisi, Maqbool Khalfan, and Yousef al-Mahmoud, as well as QBA deputy general manager Sarah Abdullah.

“Somalia’s various economic sectors, such as agriculture, commercial, real estate, and industrial sectors are open for investments, whether in partnership with the government or the private sector,” Mohamud said.

The president said Qatar and Somalia have distinguished and strong relations in several areas, adding that he “expects these relations to witness greater cooperation in the future.”

“Qatar focused on developmental projects that would benefit the Somali people and contribute to the local economy. The most prominent examples are