13th April, 2016
Opportunities in Qatar
The Arab British Chamber of Commerce hosted a business seminar on Opportunities in Qatar on 13 April 2016.
ABCC members and representatives of British companies attended keen to explore the potential new business available in this dynamic Gulf market.
The event boasted a panel of six expert speakers who delivered well informed briefings on aspects of doing business in Qatar which is currently implementing an ambitious investment programme to diversify its economy away from Oil & Gas and in readiness to host the 2022 FIFA World Cup.
Mr Abdeslam El-Idrissi, ABCC Director of Trade Services, opened by briefly explaining the role of the Chamber and how its services can help companies succeed in the market.
Despite being a small country, Qatar’s trade with the UK compares favourably with that of Brazil, he said, pointing to a more than 20% increase over the period 2014-2015.
Mr Oliver Cornock, Managing Editor, Middle East, Oxford Business Group, described Qatar’s renewed urgency for diversification, evident in the growth of LNG.
Mr David Simpson, a barrister at 3VB (3 Verulam Buildings), discussed his work as a legal consultant who drafted the regulations for the Qatar Financial Centre (QFC).
The QFC had grown from 3 registered companies in 2006 to 241 in 2016. Its core activities were banking, financial services and insurance but law firms, professional services such as marketing, IT, human resources, risk management and consultancies can register with the centre.
Mr James Kenny, Head of Global Affairs / PR at global consulting engineers Arup, outlined the work of his company in Qatar such as Doha's Aspire Tower, which was built for the 2006 Asian Games.
Mr Brian Dent, Senior International Trade Advisor, UKTI, stated that his prime role was to help UK firms achieve success in overseas markets.
Mr Tom Wigley, Partner, Trowers & Hamlins, said Qatar’s North Gas field was an important activity and LNG remained the bedrock of the economy.
He went on to list the high budget spending on various key sectors, such as transport where major metro tenders were expected in 2017.
Ms Archana Singh, Export Finance Advisor at UK Export Finance, the former ECGD, described the aims of the agency as providing services to exporters that are not available in the market.
The seminar concluded with a further round of questions from the audience which indicated a high level of interest in doing business in the Qatar market.
The event ended with the now customary networking reception.Back To 2016 Gallery