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Tribune News Network
Doha
Minister of Commerce and Industry and Investment Promotion Agency Qatar (IPA Qatar) HE Chairman Ali bin Ahmed Al Kuwari met with representatives of the French multinational bank Societe Generale (SocGen) at the ministry’s headquarters.
During the meeting, various types of joint cooperation between the two sides were discussed, especially in the context of the partnership between the public and private sectors. In addition the establishment of SocGen’s representative office in Doha was also announced, which will operate within Qatar
Financial Center (QFC)’s platform.
This step represents a qualitative addition to the financial services sector in Qatar and it reflects the confidence of major international firms in the strength of the Qatari economy. Qatar offers many incentives and investment opportunities that support the growth prospects of international enterprises, including French companies, in the local, regional, and global markets.
SocGen is considered one of the largest banks in France. Today, the bank supports the needs of over 29 million individual, corporate, and institutional clients through a broad range of financial and advisory services.
The Investment Promotion Agency Qatar (IPA Qatar) oversees investment promotion activities under the Invest Qatar brand, and acts as the country’s umbrella organization for FDI attraction. Through its vast resources and close coordination with Qatari licensing platforms, it helps businesses advance their ambitions and achieve long-term success by delivering the support, advice, and expertise needed.
IPA Qatar’s goal is to showcase Qatar as an exceptional investment destination, connecting international investors to lucrative business opportunities, while bringing progress to the country’s economic development and diversification goals across sectors and
geographies.
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22/03/2021
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