Washington, October 18 (QNA) The Qatar Financial Center, in cooperation with the Embassy of the State of Qatar in Washington, the Qatar-US Business Council, and the American Chamber of Commerce, organized a business dinner in Washington, DC, on the sidelines of the annual meetings of the International Monetary Fund and the World Bank for 2022, In order to introduce the abundant investment opportunities in the State of Qatar.

During the business dinner, which was attended by executives of American companies operating in a number of sectors, the QFC highlighted Qatar's abundant investment opportunities, its resilient economy, its efforts to diversify its economy, favorable government policies that support innovation, and the establishment of partnerships. long term.

In her speech, Sheikha Al-Anoud bint Hamad Al-Thani, Executive Vice President and Chief Executive Officer for Business Affairs at the Qatar Financial Center, said: The organization of the banquet comes as an affirmation of the QFC's commitment to supporting and strengthening bilateral relations between the two countries, facilitating American companies, and providing them with the opportunity to get acquainted with The investment opportunities available in Qatar, supported by rapid economic diversification and sustainable economic policies.

She added: "We are very excited to see new partnerships, institutions and companies entering through the QFC business platform, to the State of Qatar, which brings together with the United States of America a long history of strategic partnership that has been strengthened over the years thanks to economic relations based on cooperation and mutual benefit, and trade agreements. that link the two countries in various fields, and the official visits and high-level meetings exchanged between the two governments.”

For his part, Mr. Fahad Al-Dosari, Commercial Attaché at the Embassy of the State of Qatar to the United States of America, said: “The year 2022 has been another wonderful year for Qatari-US commercial relations. Companies in the two countries are constantly seeking to establish new partnerships, explore new business sectors, and create job opportunities and jobs. New, high salary.

Al-Dosari added that American companies can benefit from the stable and attractive business environment for investment provided by the State of Qatar, and the distinctive financial and regulatory incentives provided by the Qatar Financial Center, in addition to the free economic zones established by the state to achieve the goal of economic diversification in line with Qatar National Vision 2030.

While Mr. Scott Taylor, Chairman of the Qatar-US Business Council, stressed in his speech that the State of Qatar represents one of the most attractive investment destinations in the world, and certainly, it will be easy for American companies to expand their business to Qatar thanks to the reforms they have implemented to facilitate doing business, and the incentive measures Incentives, and the provision of the appropriate infrastructure to establish and conduct business quickly and efficiently, and the Qatar Financial Center will certainly have a leading role in this.

For his part, Mr. Kush Choksi, Senior Vice President of the American Chamber of Commerce for Middle East Affairs, said: "The United States has strong economic and investment relations with the State of Qatar that extend for more than 50 years, and what will support the continuity of the strength of these economic ties between our two countries is to continue creating new opportunities for investment and establishing Partnerships, the QFC has been instrumental in creating these opportunities by providing a platform for US companies to enter the Qatari market, including two key companies participating in our Inventus Power program, and we are very grateful to them for helping us advance the US-Qatar relationship.”

It is noteworthy that the business dinner is part of the promotional initiatives implemented by the Qatar Financial Center in the United States of America to introduce and promote the State of Qatar as an ideal destination for finance and business in the Middle East in general, and for the Qatar Financial Center business platform as an ideal option for doing business in the Qatari market in particular. The two countries have solid diplomatic relations spanning more than 50 years, and extensive and prosperous trade relations that have made the volume of their economic partnership exceed about $200 billion in various fields of trade and investment.

The State of Qatar is one of the largest foreign investors in the United States of America, and has pledged to pump more than $45 billion in investments in Western markets in the coming years, and the number of American companies operating in Qatar today is more than 850 companies active in various sectors, including Sports technology, financial technology, construction, engineering, medicine, scientific research and other fields.

The Qatar Financial Center provides a business platform for companies wishing to establish and conduct their activities in the State of Qatar or the region in general. It also has a special legal and regulatory framework, a tax system and a well-established business environment that allows foreign ownership up to 100 percent, profit repatriation at 100 percent, and corporate tax at a rate of up to 100 percent. Competitive rate of 10% on profits from local sources.