PM secures $3b Qatari investment pledges

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Our Correspondent November 02, 2024
Ata Tarar addressing a press conference in Lahore. SCREENGRAB

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ISLAMABAD:

Information Minister Ataullah Tarar said on Friday that Qatar would make an investment of $3 billion in diverse sectors, which would have a significant impact on the national economy and ultimately benefit the masses.

A delegation from Qatar would soon visit Pakistan to materialise the investment pledges, the minister said, while addressing a news conference which mainly highlighted the substantive economic gains, achieved by Pakistan with the recent visit of Prime Minister Shehbaz Sharif to Saudi Arabia and Qatar.

Qatari businessmen

In Doha, Prime Minister Shehbaz Sharif on Friday met with a delegation of the Qatar Businessmen Association (QBA) where he highlighted numerous opportunities in Pakistan's energy, infrastructure, and finance sectors, presenting the country as an attractive investment destination.

The QBA delegation, led by Sheikh Faisal Bin Qassim Al-Thani, comprised leading Qatari business figures. The meeting was held during Prime Minister Shehbaz Sharif's two-day official visit to Qatar aimed at discussing economic ties and exploring new avenues for collaboration.

The meeting brought together key representatives from Pakistan and influential members of Qatar's business community, emphasising shared goals for strengthening trade, investment, and economic partnerships.

Notable QBA members present included Vice Chairman & CEO of Al Mana Group Saod Bin Omar Bin Hamad Al-Mana; Executive Director of Mannai Corporation Khalid Ahmed Al Mannai; Chairman MENA & Chief Country Officer of Deutsche Bank Salah Mohammed Jaidah; Chairman of Mansoor Jassim Al Thani Group Sheikh Mansoor bin Jassim Al Thani; CEO of Blue Salon Nabil Abu Issa; and Director of Sendian Group Yousuf Ebrahim Al-Mahmoud.

(WITH INPUT FROM APP)

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