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www.thepeninsula.qa Sunday 23 August 2020 Volume 25 | Number 8358 4 Muharram - 1442 2 Riyals BUSINESS | 13 PENMAG | 15 SPORT | 20 Climate fund for poor Classifieds 'Transformed' nations vows to drive and Services PSG allow Qatar green COVID-19 section to bask in recovery included limelight Cheering for Paris! Ooredoo, the network of heroes. Qatar-Germany trade ties strong, up by 10% last year THE PENINSULA — DOHA that support both economies. or with full German capital, which are Addressing the forum, Sheikh active in many fields such as rail, trade, Qatari-German Business Forum The bilateral trade between Qatar and Khalifa stressed the forum’s impor- contracting, services, communication, reviewed trade and investment Germany reached $2.3bn in 2019, tance in shedding light on bolstering infrastructure, medical equipment and cooperation and discussed witnessing a double-digit growth of 10 cooperation between Qatari and devices and others. percent compared to $2.1bn in 2018, German businessmen and exploring “Germany is one of the most establishing alliances and showing the strong economic ties new opportunities between private important investment destinations for partnerships that support both between two countries. sector of both countries, especially Qatar, where the value of Qatari invest- economies. This came during Qatari-German under the current challenges related ments in Germany exceeded ¤25bn in Business Forum organised by Qatar to the outbreak of COVID-19 and its many sectors including the automotive Germany is one of the most important investment destinations Chamber and Arab-German Chamber economic impacts. industry, telecommunications, hospi- for Qatar and the value of Qatari investments in Germany of Commerce and Industry through Sheikh Khalifa praised the strong tality, banking and other important video conference.
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