Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
24-05-23
Qatari, Saudi Officials Discuss Economic Collaboration, Growing Investor Interest
(MENAFN) Qatari Minister of Commerce and Industry, Mohammed Al-Thani, held a meeting with Saudi Investment Minister, Khalid Al-Falih, on Tuesday, signifying the ongoing efforts to strengthen economic ties between the two Gulf nations. The meeting provided an opportunity to discuss various aspects of economic collaboration and highlight Qatar's investor-friendly policies that have successfully attracted businesses and investors to the country.
As part of these discussions, Al-Thani emphasized the effectiveness of Qatar's economic policies in encouraging domestic and foreign investors to explore investment opportunities in the country. Qatar has implemented a range of measures to create a favorable investment climate, fostering an environment that promotes growth, innovation, and diversification across various sectors of the economy.
The meeting between the Qatari and Saudi officials took place in the context of the Qatar Economic Forum, a prestigious event that attracts global business leaders and policymakers. Al-Falih's participation in the forum demonstrates Saudi Arabia's interest in strengthening economic ties with Qatar and exploring avenues for collaboration between the two nations.
Highlighting the growing importance of Qatar's investor base, it was noted that Qatar's sovereign wealth fund had recently increased its stake in Credit Suisse, a prominent Swiss bank, to nearly 7 percent. This strategic investment positions Qatar's sovereign wealth fund as the second-largest shareholder in Credit Suisse, following the Saudi National Bank. The increased presence of Gulf investors in international financial institutions underscores the region's growing prominence and influence in global markets.
Overall, the meeting between the Qatari and Saudi officials reflects a commitment to fostering economic cooperation and strengthening bilateral ties. Qatar's investor-friendly policies and initiatives, along with its participation in high-profile economic forums, demonstrate the country's ongoing efforts to attract investments and promote sustainable economic growth.
MENAFN24052023000045014228ID1106303677
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us