Qatar Chamber (QC) and South Africa’s Al-Minara Chamber have discussed ways to enhance bilateral cooperation and deepen economic ties between the two countries.
During the meeting, both sides explored opportunities to enhance collaboration between the two chambers, focusing on the development of joint initiatives that support trade and investment.
The discussions also highlighted the importance of building stronger partnerships between Qatari and South African business communities, with the goal of increasing trade exchange and facilitating access to new markets for companies in both nations.
This came during a meeting today between QC Acting Director General Ali Bu Shrabak Al Mansori and the President of the Al-Minara Chamber of Commerce and Industry in South Africa, Ebrahim Patel.
The Al-Minara Chamber serves as a representative platform for the commercial voice of the Muslim community within the South African economy.
Al Mansori affirmed that QC is keen to support cooperation between both sides and welcomes investors and businesspeople from South Africa. He also encouraged Qatari entrepreneurs to explore investment opportunities in South Africa, noting that the volume of trade exchange between the two countries reached approximately $172.4 million (QAR 628 million) last year, making South Africa a significant trade partner.
For his part, Ebrahim Patel stated that his visit aims to strengthen cooperation with the Qatar Chamber and work together to increase bilateral trade and stimulate mutual investments. He pointed out that the Al-Minara Chamber was established 25 years ago and seeks to support and empower businesses and institutions within the Muslim community and connect them with the formal market in South Africa.
