Tribune News Network
Doha
Qatar Chamber (QC) Board Member Ali bin Abdullatif Al Misnad met on Thursday with George Partasides, Energy and Commercial Counsellor for the GCC region in Cyprus, to discuss expanding economic cooperation and enhancing investment engagement between Qatar and Cyprus.
The meeting reviewed promising areas of collaboration between the Qatari business community and its Cypriot counterpart, with both sides expressing strong interest in unlocking new opportunities in trade, energy, and private-sector partnerships.
Partasides affirmed that Qatar and Cyprus share strong and growing relations, emphasising Cyprus’ keenness to deepen economic cooperation across all sectors, particularly energy, electricity production, and infrastructure development. He highlighted Cyprus’ readiness to engage more closely with Qatari investors seeking opportunities in the Cypriot market.
A key point of discussion was the potential establishment of a Cyprus Trade Office in Qatar, which Partasides said would serve as a vital platform linking companies from both countries. The proposed office would work to promote Cypriot products and investments in the Qatari market, facilitate business partnerships, and strengthen ties between the two nations’ private sectors.
The Cypriot official also announced the launch of a dedicated electronic business platform for Qatar, providing comprehensive information on Cyprus’ economy, foreign direct investment environment, incentives for overseas investors, regulatory landscape, and taxation system. He said the platform is designed to support Qatari businesses seeking clarity and ease of access to key investment information.
Partasides expressed Cyprus’ aspiration to see more Cypriot companies operating in Qatar and reiterated interest in forming a Qatari–Cypriot Business Council to enhance connectivity between business owners on both sides.
For his part, Al Misnad welcomed the idea of opening a Cyprus Trade Office in Doha, noting that it would significantly contribute to strengthening economic cooperation and boosting bilateral investments. He underscored Qatar’s strategic location, world-class infrastructure, stable and resilient economy, and advanced business environment, all of which reinforce its position as an attractive destination for international investors.
He added that Qatar continues to offer numerous investment opportunities supported by business-friendly legislation and a competitive framework of investment and tax incentives.
Establishing a Cypriot trade representation in Doha, he said, would help drive growth in mutual investments, expand import and export activities, and encourage deeper private-sector engagement.
Al Misnad emphasised that Qatar serves as an ideal regional and international hub for expansion, enabling companies to access global markets efficiently.