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Rahul Preeth
Doha
A “Qatar Day” will be held in London on April 26 and is expected create a ripple effect whose possible outcomes include the establishment of a few British fintech incubators at the Qatar Financial Centre.
The event will discuss, among other things, how British businesses can support “elements of vision” to develop Qatar’s financial sector, Lord Mayor of London Peter Estlin said in Doha on Wednesday.
To be hosted by the Lord Mayor and UK’s Department for International Trade, Qatar Day will see more than 160 delegates assemble in London, brainstorming ideas and exploring mutual investment opportunities.
Qatar Central Bank Governor Abdulla bin Saoud al Thani and UK’s International Trade Secretary Liam Fox will be the principal guests of the event, said Estlin. The event would also extend a platform to discuss opportunities in Islamic banking, financial technology and digital economy, he said.
Estlin, who was on a visit to Qatar, earlier on Wednesday met with the Amir HH Sheikh Tamim bin Hamad al Thani and Prime Minister and Minister of Interior HE Sheikh Abdullah bin Nasser bin Khalifa al Thani.
He said he had healthy discussions with the Amir and the PM, with the talks touching upon Qatar’s continuing investments in the UK, the 2022 World Cup in Qatar and how UK could help Qatar develop its free zones.
The discussions also delved into Brexit, Estlin said, insisting that Qatar’s relations with the UK would not be affected whether or not the British government struck a deal with the European Union before the country’s exit from the bloc.
He said there has been no indication that Brexit had adversely affected businesses in the UK, but warned of impact if the lack of clarity surrounding it persisted.
“At the moment, the scale of change is so fast that is creating new opportunities and those are being picked up businesses,” Estlin said.
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11/04/2019
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