Qatar firms explore investment opportunities in Ethiopia

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The Qatari delegation in Ethiopia. Qatari firms are exploring investment options in the country’s banking, insurance, real-estate development, health and communication sectors.

Qatar is exploring investment opportunities in Ethiopia’s banking, insurance, real-estate development, and health and communication sectors.

This was announced by a Qatari businessmen delegation, chaired by Sheikh Dr Khalid bin Thani bin Abdullah al-Thani, chairman of Ezdan Holding Group.

Dr Mulatto Shuma, president of Ethiopia, highlighted government’s readiness to offer all possible support to encourage foreign investment in Ethiopia by offering facilities and incentives as well as adopting a policy that protects investments in the country.

Building long-lasting strategic relationships between the private sectors of the two countries shall benefit the efforts and attempts to open new markets and promote new joint ventures locally and internationally, including attractive strategic projects for local and foreign investments, Sheikh Khalid said.

He said he observed a clear interest from the Ethiopian side in the Qatari investment and serious attempts to provide suitable and attractive environment for investments that could play an influential role in moving the wheel of development in the country and finding new job opportunities.

Other members of the delegation included Sheikh Turki bin Khalid al-Thani, board member of International Islamic; Ali Abdulrahman al-Hashemi, delegated member of Mackeen Holding Company; Abdulbasit Ahmad al-Sheibi, CEO of International Islamic; Ali Mohammad al-Obaidly, CEO of Ezdan Holding Group; Ali Ibrahim Abdulghani, CEO of Qatari Islamic Insurance Company; Ayedh Debsan al-Qahtani, general manager of Sheikh Thani Bin Abdullah Foundation for Humanitarian Services and Kyle White Hill, CEO of Vodafone Qatar.

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