QBA hosts German economic delegation led by Dr Jorg Kukies, Minister of Finance
The Qatari Businessmen Association (QBA) hosted a German economic delegation led by Dr Jorg Kukies, the country’s Minister of Finance, accompanied by senior representatives from major German companies in the energy and financial sectors.
The meeting aimed to strengthen economic and trade relations between Qatar and Germany and to explore co-operation opportunities in priority sectors, including finance, advanced industries, technology, innovation, digital transformation, renewable energy, logistics, trade, and investment.
The meeting was attended by HE Sheikh Faisal bin Qassim al-Thani, QBA Chairman, along with QBA board members, Sherida al-Kaabi and Saud al-Mana.
Other attendees included QBA members Sheikh Mohammed bin Faisal al-Thani, Omar Hussain Alfardan, Khalid al-Mannai, Youssef Jassem Darwish, Maqbool Habib Khalfan, Abdul Rahman Darwish, Youssef al-Mahmoud, Dr Mohamed Althaf, Hakan Ozdemir, and Sarah Abdullah, deputy general manager.
From the German side, the meeting was attended by Heiko Thomas, State Secretary, Ministry of Finance; Lothar Freischlader, German ambassador as well as representatives from the German Chamber of Commerce and Industry in Qatar.
Kukies highlighted the productive meetings he had with Qatar's Minister of Finance and Minister of State for Energy Affairs, praising the significant economic development Qatar has experienced over the past decade.
He noted Qatar's substantial investments in infrastructure and its readiness to diversify its economy.
He emphasised the importance of economic co-operation between the two countries, stating that Qatari investments in Germany are crucial for economic growth and job creation.
He spoke about Germany's ongoing energy transition towards green and electric energy, with numerous projects underway, adding that Germany is considered one of the most attractive places for business, boasting a diverse economy with added value in sectors such as automotive, chemicals, mechanical industries, and small and medium-sized technology companies.
Germany is the largest economy in Europe and serves as a gateway to approximately 450mn consumers.
Kukies also highlighted Germany's upcoming programme to co-ordinate between major German companies and banks to establish a strong financial centre to promote Germany and support startups, with the government aiming to invest around €12bn in these companies by 2030.
Sheikh Faisal welcomed the delegation and said trade and investment relations between Qatar and Germany are witnessing rapid growth, driven by a shared vision to enhance economic and trade co-operation and create new partnership opportunities between the business communities of both countries.
He noted that the QBA regularly conducts visits to major global countries, including Germany.
In May 2024, a QBA delegation visited leading German companies in fields such as technology, healthcare, tourism, and other sectors, holding numerous meetings through the Qatari German Joint Task Force to explore investment opportunities and overcome obstacles for private companies in both countries.
Sheikh Faisal also emphasised that the financial sector is a partner in the economic development process of both countries.
He added, "As members of the association, we have several businessmen who own private banks and are also shareholders in numerous banks. Deutsche Bank is represented in the Middle East by a member of the Qatari Businessmen Association."
Sheikh Faisal said Qatar's strategy clearly aims at the transition to a digital economy and attract cumulative foreign investments in various fields, reaching up to $100bn by 2030. This can be discussed with German companies that own giant enterprises in various fields.
Sheikh Faisal welcomed German companies to Qatar, stating that the country is prepared and open to receiving German investments, whether independently or in partnership with Qatari businessmen.
Business
Qatar 'prepared and open' to receiving German investments: Sheikh Faisal
Qatari Businessmen Association (QBA) hosts German economic delegation led by Dr Jorg Kukies, Minister of Finance

The Qatari Businessmen Association hosted a German economic delegation led by Dr Jorg Kukies, the country’s Minister of Finance, accompanied by senior representatives from major German companies in the energy and financial sectors.

The Qatari Businessmen Association hosted a German economic delegation led by Dr Jorg Kukies, the country’s Minister of Finance, accompanied by senior representatives from major German companies in the energy and financial sectors.

The Qatari Businessmen Association hosted a German economic delegation led by Dr Jorg Kukies, the country’s Minister of Finance, accompanied by senior representatives from major German companies in the energy and financial sectors.