During a meeting at the Ministry of Commerce and Industry His Excellency Minister of Commerce and Industry meets with representatives of the French bank Société Générale

March 21, 2021

His Excellency Mr. Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, and Chairman of the Investment Promotion Agency Qatar (IPA Qatar), has met with representatives of the French multinational bank Société Générale (SocGen) at the Ministry’s headquarters.

 

During the meeting, the various types of joint cooperation between the two sides were discussed, especially in the context of the partnership between the public and private sectors, in addition to announcing the establishment of SocGen’s representative office in Doha, which will operate within Qatar Financial Center (QFC)’s platform.

 

This step represents a qualitative addition to the financial services sector in Qatar and it reflects the confidence of major international firms in the strength of the Qatari economy, especially that the State offers many incentives and investment opportunities that support the growth prospects of international enterprises, including French companies, in the local, regional, and global markets.

 

SocGen is considered one of the largest banks in France. Today, the Bank supports the needs of over 29 million individual, corporate, and institutional clients through a broad range of financial and advisory services.

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About the Investment Promotion Agency Qatar

The Investment Promotion Agency Qatar (IPA Qatar) oversees investment promotion activities under the Invest Qatar brand, and acts as the country’s umbrella organization for FDI attraction. Through its vast resources and close coordination with Qatari licensing platforms, it helps businesses advance their ambitions and achieve long-term success by delivering the support, advice, and expertise needed.

 

IPA Qatar’s goal is to showcase Qatar as an exceptional investment destination, connecting international investors to lucrative business opportunities, while bringing progress to the country’s economic development and diversification goals across sectors and geographies.