Qatar, Malta Business Leaders Explore Stronger Trade and Investment Ties
Doha, June 24 (QNA) - Qatari and Maltese business leaders have discussed ways to strengthen trade and investment cooperation during a virtual business meeting organized by Qatar Chamber and The Malta Chamber.
The meeting was chaired by Mohammed bin Ahmed Al Obaidly, Board Member of Qatar Chamber and Chairman of the Food Security and Environment Committee, and Dr Marthese Portelli, Chief Executive Officer of The Malta Chamber, with the participation of business representatives from both countries.
Discussions focused on expanding cooperation in sectors including technology, artificial intelligence, cybersecurity, financial services, fintech, regulatory technology, corporate services, public administration, infrastructure and hospitality.
Al Obaidly highlighted the strong relations between Qatar and Malta and underscored the importance of enhancing economic, commercial and investment cooperation. He said Qatar Chamber remains committed to supporting joint investments and fostering partnerships between businesses in both countries.
He noted that bilateral trade grew by around 15% last year to reach QR46.4 million, compared with QR40.3 million in the previous year, while stressing that there remains significant potential for further growth.
Al Obaidly encouraged Qatari investors to explore opportunities in Malta and invited Maltese companies to benefit from Qatar's investment environment, modern infrastructure and strategic location.
For her part, Dr Portelli reaffirmed Malta's interest in strengthening economic ties with Qatar, highlighting the incentives and opportunities available to foreign investors in the Mediterranean island nation. (QNA)
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