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Qatar Pavilion at Hannover Fair Attracts Huge Turnout of Visitors Friday, April 5, 2019 Rajab 29, 1440 AH MERGER PLANS: Page 10 GULF TIMES Commerzbank is said to enter key weekend BUSINESS in Deutsche Bank talks Qatar pavilion at Hannover Fair attracts huge turnout of visitors atar’s pavilion at the Hanno- identifying the potential of other par- ver Fair 2019 has seen a large ticipants, drawing on their expertise Qturnout of businessmen, offi- and identifying opportunities that cials, representatives of the industri- benefi t Qatari companies. al and trade sectors and international “We are also seeking to introduce media. participants and visitors to Qatar The 1000-square metre pavilion the Rail’s projects, which consist in fi rst Ministry of Commerce and Industry phase of 37 stations, including 31 un- hosted for the second consecutive year derground stations and six ground brought together representatives of the stations as well as rail lines that will Qatar Chamber, the Qatar Financial serve the regions of Doha, Al Wakrah Centre, Manateq, the Qatar Free Zones and Lusail, to be completed in 2020. Authority, the Supreme Committee The second phase will be implement- for Delivery & Legacy, Qatar Railways ed to promote sustainable develop- Company (Qatar Rail), the Qatar De- ment in line with the Qatar National velopment Bank and the Qatar Science Vision 2030.” and Technology Park. Nasser al-Nuaimi, representative of Participating private companies in- the Supreme Committee for Delivery cluded Qatar Industrial Manufactur- & Legacy, said the committee seeks to ing Company (QIMC), Ebn Sina Medi- showcase stadiums including Al Thu- cal, Qatar Aluminium (Qatalum), Doha mama, Khalifa International, Educa- Cables, Bin Aman Plastic Industries Qatar’s pavilion at the Hannover Fair 2019 has seen a large turnout of visitors, including businessmen, offi cials, representatives of the industrial tional City, Ras Abu Aboud, Al Rayyan, and Qatar Steel. and trade sectors, and international media Al Wakrah, and Lusail stadiums. Participating entities showcased Al-Nuaimi explained that the fair the most prominent initiatives under- ising” investment opportunities and additional number of German compa- Abdulla al-Naimi, director (Cor- conduct environmental research in attracted a large number of German taken by Qatar to attract and stimulate “attractive” investment climate for nies to the Qatari market.” porate Government Relations) at the terms of water and air sustainability,” visitors who were briefed on the de- investments in the industrial sector local and foreign companies, partici- Ali Sultan al-Kuwari of Qatar De- Qatar Science and Technology Park al-Naimi noted. velopment of these stadiums and their and enhance its strategy of supporting pants noted. velopment Bank said the bank’s par- (Qatar Foundation) said the QSTP has Mohamed al-Mohannadi of Qatar potential. the private sector and off ering incen- The fair provided a platform for ticipation in the fair falls in line with its sought to become a global hub for re- Chamber, which is being represented at On Qatar Free Zones Authority’s tives to attract investors and foreign Qatari companies to promote their eff orts to promote local industries and search, energy, environment, technol- Qatar’s pavilion for the second consecu- participation in the fair, its representa- capital. products, access new markets and ex- provide clients access to international ogy and education since its establish- tive year, said QC was seeking to secure tive Maarouf Mahmoud said they have Participants also introduced Qatari port their high-quality goods to global markets, which will bolster Qatari ex- ment in 2009. new partnerships and joint ventures. met with foreign companies to outline industries in various sectors and the markets. ports and contribute to the accom- Since then, the QSTP has attracted Al-Mohannadi hailed Qatar Indus- investment terms in Qatar, particu- latest technological developments and Abdulbasit Talib al-Ajji, director plishment of the Qatar National Vision a large number of companies thanks trial Manufacturing Company (QIMC), larly those related to companies in the advanced equipment being used in the (Business Development and Invest- 2030. to the incentives it off ers, including Ebn Sina Medical, Qatar Aluminium industrial and technology sectors. The industrial sector, in addition to the in- ment Promotion Department) at the Manateq director (Business Devel- tax and customs exemptions as well (Qatalum), Doha Cables, Bin Aman fair provided a platform to network vestment opportunities and incentives Ministry of Commerce and Industry opment) Adel Wali said that Manateq, as its advanced legislative framework, Plastic Industries and Qatar Steel for with companies looking to invest in granted to investors, businessmen said, “Through Qatar’s pavilion, the through its participation in the fair, which streamline services provided to participating in the fair under the um- Qatar. and entrepreneurs seeking to invest in Ministry aims to showcase the key aims to promote investment opportu- governmental and non-governmental brella of Qatar Chamber, noting that Representatives of the Qatar Finan- various industries. These incentives characteristics that position Qatar as nities in industrial, logistics and eco- agencies, al-Naimi said. these fi ve companies were among 350 cial Centre, said the QFC was seeking promote domestic and foreign invest- an attractive economic environment nomic zones. These areas are strategi- “We host numerous multinational manufacturing companies based in to advertise fi nancial services it off ered ments and contribute to the economic for foreign investments as well as the cally located across the country and are companies, including General Electric, Qatar. and shed light on corporate registra- development of Qatar. incentives and legislations endorsed home to high-quality infrastructure ConocoPhillips, ExxonMobil, Total, Mohamed al-Mustafawi al-Hashe- tion procedures to attract foreign and The large number of represented by the State to support the private sec- that enable investors to set up busi- Shell and other tech companies such as mi of Qatar Rail said, “Our partici- German companies to invest in the Qa- entities refl ected Qatar’s advanced po- tor, which would result in growing for- nesses and companies in a growth- Microsoft, Cisco, Gulf Bridge Interna- pation in the Hannover fair is aimed tari market and tap local opportunities sition as well as the country’s “prom- eign direct investment and attract an oriented and prosperous environment. tional and petroleum companies that primarily at showcasing our potential, through the centre. Page 12 Natural gas key to achieving lower Qatar Airways wins coveted PAX carbon energy system: GECF chief International Readership awards Natural gas will be the only hydrocarbon aff ordable, reliable, sustainable and modern resource to increase its share in the global energy for all, Sentyurin noted. energy mix, from the current 22% to 26% in Africa has tremendous prospects for natural Qatar Airways was given the ‘PAX International 2040, according to Gas Exporting Countries gas production, he said. Readership’ award for ‘Best Cabin Interior Pas- Forum (GECF) secretary general Dr Yury And that according to the 2018 GECF Global senger Experience’ at an awards ceremony held in Sentyurin. Gas Outlook, Africa’s marketed gas production Hamburg, Germany on Wednesday. “Natural gas is a destination fuel that will can contribute as much as 9.2% to the global The national carrier also received the ‘Best In- prove to be key to achieving a lower carbon total by 2040, corresponding to an expansion Flight Duty Free Programme’ award for the Middle energy system,” Sentyurin said in his opening of 255 bcm to more than 505 bcm by 2040 East – the third time in four years that it has won address at the African Petroleum Producers (Africa’s gas production in 2018 was 253 bcm), this award – as well as the ‘Outstanding Food Organisation (APPO) CAPE VII Congress and a compound average annual growth rate Service’ award. and Exhibition in Malabo, Equatorial Guinea of 3.4% over the forecast period, meaning The ‘Best Cabin Interior Passenger Experience’ yesterday. Africa is expected to more than double its award recognises the “unparalleled” in-flight expe- Africa’s progress in natural gas development production. rience off ered on Qatar Airways’ patented business will be a triumph against energy poverty, Sentyurin praised Equatorial Guinea’s ‘2019 class seat, Qsuite, which features the industry’s where approximately 80% of people still Year of Energy Initiative’. Of the GECF’s some first-ever double bed in business class, as well as rely on biomass and waste to meet their 19 members, six are located in the African sliding panels that stow away, enabling colleagues, energy needs, he said. Given the numerous continent: Algeria, Angola (newest member), family members and friends travelling together to health and air quality concerns associated Egypt, Equatorial Guinea, Libya, and Nigeria. create their own private suite. with biomass burning, improving energy The secretary general pointed out that the Qatar Airways group chief executive, HE Akbar accessibility on the continent is not only a GECF countries have added “substantial al-Baker said, “As an airline, one of our highest necessity for fighting energy poverty, but for shares” to total gas production in Africa. priorities is to provide our customers with an fulfilling climate change objectives, and UN Collectively, they contributed 236 bcm exceptional experience each and
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