QBA Chairman Sheikh Faisal bin Qassim Al Thani and Vice President of the Syrian Supreme Council for Economic Development Dr. Hazem Al-Sharaa with other officials during the meeting.
Doha, Qatar: The Qatari Businessmen Association (QBA) yesterday received a Syrian delegation headed by Dr. Hazem Al-Sharaa, Vice President of the Syrian Supreme Council for Economic Development, in the presence of Talal Al-Hilali, Director General of the Investment Authority, and Safwat Raslan, Director General of the Syrian Development Fund.
This meeting comes as a continuation of QBA’s meeting last week with Syrian President, H E Ahmed Al-Sharaa, with the aim of discussing potenital investment opportunities in the Syrian Arab Republic, particularly as a number of QBA members have already launched concrete economic projects in Syria in the fields of energy, electricity, and real estate.
The Syrian delegation was received by Sheikh Faisal bin Qassim Al Thani, QBA Chairman, in the presence of Board Member Sheikh Nawaf bin Nasser Al Thani, and QBA members: Sheikh Mansour bin Jassim Al Thani, Khaled Al-Mannai, Mohammed Moataz Al-Khayyat, Ramez Al-Khayyat, Nabil Abu Issa, Faisal Al-Mana, Yousuf Al Mahmoud, Ihsan Al-Khaimi, as well as representatives of Abdulrahman Al Mana Companies, Sheikh Mohammed bin Hamad Al Thani, Mekdam Holding Group, and other member companies, in addition to Sarah Abdallah, QBA GM.
At the begining of the meeting, Dr. Hazem Al-Sharaa stated that Qatar was among the first countries to invest in Syria, following the directives of the Amir H H Sheikh Tamim bin Hamad Al Thani and the Qatari government, to place Syria on the international investment map by strengthening international relations and attracting major companies to participate in the reconstruction of Syria.
Dr. Al-Sharaa noted that the Supreme Council for Economic Development aims to achieve economic stability in the country, revitalise and develop the economy, and establish a comprehensive economic map covering the entire Syrian geography.
This will be achieved through full supervision of a number of economic authorities, organizations, and institutions operating within the framework of the state’s economic plan. He also confirmed that Syria will launch a completely new currency in the market at the beginning of the new year, in line with the requirements of the current phase.
The Council, chaired by the President of the Republic, is responsible for approving general strategies and plans related to investment. Its membership includes the Ministers of Economy and Industry, Energy, Finance, Tourism, Communications and Information Technology, Public Works and Housing, Agriculture, in addition to the Head of the General Authority for Land and Sea Ports, among others.
During his meeting with Qatari businessmen, Dr. Hazem Al-Sharaa focused on current economic projects in Syria that contribute to reconstruction and the development of infrastructure and vital sectors, with particular emphasis on energy, transport, tourism, real estate, health, education, and key industrial sectors such as pharmaceuticals and construction materials.
For his part, Sheikh Faisal bin Qassim Al Thani, Chairman of the Qatari Businessmen Association, stated that Syria today represents an investment bank of projects and golden opportunities for investors. He stressed the need to develop joint Qatari–Syrian projects through the establishment of institutions specialized across various sectors—industrial, health, tourism, real estate, and others—given that the state’s objective is to create job opportunities and stimulate economic growth.
