Qatar Chamber’s Chairman, HE Sheikh Khalifa bin Jassim Al Thani, has emphasized the strength of economic ties between Qatar and Germany, describing Germany as not only a global economic powerhouse but also a key strategic partner of the State of Qatar.
HE Sheikh Khalifa highlighted the pivotal role played by German companies operating in Qatar, noting their significant contribution to the country’s industrial development and technological progress.
This came during the Qatar-German Business Meet, held at the Qatar Chamber’s headquarters in the presence of Silvio Conrad, CEO of TUV NORD Group, the Ambassador HE Hans-Udo Muzel, with several Qatari business owners and members of the German delegation representing the German Near and Middle East Association (NUMOV).
The Qatar Chamber Chairman noted that Qatar is one of the largest investors in Germany, with investments exceeding $29 billion (€25 billion) across key sectors such as the automotive industry, telecommunications, hospitality, and banking.
HE Sheikh Khalifa bin Jassim bin Mohammed Al Thani Chairman – Qatar Chamber
“Qatar continues to move forward in building a diversified and sustainable economy rooted in knowledge and innovation, thereby reinforcing its position as a global investment destination in line with Qatar National Vision 2030. Qatar has become a preferred global investment destination thanks to the directives of His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, and the government’s clear vision to expand the industrial base. This is supported by an enabling legislative framework, advanced infrastructure, designated industrial zones, and a sophisticated transport network.”
The Qatar Chamber Chairman further highlighted the promising prospects for cooperation in numerous sectors, including energy and renewable resources, sustainable infrastructure, logistics, education, smart technologies, pharmaceuticals, and others.
For his part, Silvio Conrad, CEO of TUV NORD Group, said that Germany and Qatar are bound by strong and long-term relations. He noted that the Association has many partners across the Middle East, including in Qatar, which opens the door for further cooperation, particularly in the technology sector.
The Ambassador HE Hans-Udo Muzel underscored the depth of German-Qatari relations. He noted that Qatar is one of the largest investors in Germany, a fact that opens wider horizons for cooperation and partnerships between the business communities of both countries.
NUMOV
The German Near and Middle East Association (NUMOV) is Germany’s oldest and leading organization dedicated to fostering economic relations between Germany and the countries of the Near and Middle East.
Since its foundation more than 90 years ago, NUMOV works to strengthen trade and investment ties by organizing business forums, conferences, and delegations, while providing valuable economic insights and market information. The Association brings together a wide network of German companies across diverse sectors, including energy, technology, infrastructure, finance, and transport, thereby serving as a vital platform for enhancing German-Middle Eastern economic cooperation.