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Qatar the biggest Arab investor in Tunisia

Qatar the biggest Arab investor in Tunisia

Hisham Aljundi
Doha
With Qatar participating in the Arab League Summit in Tunisia starting today, the Qatari-Tunisian relations are on the upswing and the Qatari investments in Tunisian have increased five times within one year.
Speaking to Qatar Tribune, Tunisian economist and former head of the Tunisian community in Doha Mohammed Ammar said that Qatar has fulfilled its commitment to provide thousands of jobs for Tunisians in Qatar, which is reflected in their increasing number in the past couple of years. “Qatar had supported Tunisia during the transitional era since the revolution in 2011 and provided all necessary aid to assist Tunisia during its hardships, especially as the Amir of Qatar HH Sheikh Tamim bin Hamad al Thani had announced during the 2016 investment conference held in Tunisia. Nearly 130 Qatari businessmen took part in the conference and Qatar announced to invest $1.25bn in Tunisia”, he added. “Despite the change in the Tunisian government, five times since 20111, the Qatari support never stopped. Qatar has always been committed to its promises and its support, first and foremost, to the Tunisian people, away from politics”, he added.
Ammar said that this commitment abundantly was clear in the volume of Qatari investments in Tunisia which reached $156 mn in 2018 compared to nearly $59 mn earlier. It focused mainly on boosting financial sector, tourism and services in addition to supporting and empowering small businesses.
Ammar, who is also a member of the Democratic Party in Tunisia, welcomed the visit of HH the Amir praising all the efforts by HH to help boost the Tunisian economy in all sectors and finding more opportunities for the Tunisian youth.
He said that the number of Tunisian community in Qatar is increasing with nearly 30,000 Tunisians working in Qatar compared to 6,000 before 2011, and their number is growing by 10% each year.
It is noteworthy that according to the Qatar Chamber of Commerce, there are 350 Tunisian-Qatari companies working in different areas in Qatar in addition to four 100 percent-owned Tunisian companies.

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