USQBC and IFC Partner to Boost Sustainable Investment in Qatar and Middle East

Qatar, 17 October, 2024 : The US-Qatar Business Council (USQBC) and the International Finance Corporation (IFC), part of the World Bank Group, have signed a Memorandum of Understanding (MoU) to boost sustainable investments and entrepreneurship in Qatar and the Middle East.

Sheikha Mayes bint Hamad Al Thani, Managing Director of USQBC, emphasized the partnership’s role in fostering innovation and driving economic growth, enhancing trade and investment between the US and Qatar. Abdullah Jefri, IFC Senior Manager for the GCC, highlighted the collaboration’s focus on mobilizing private sector investments to address global challenges like unemployment, climate change, and inequality.

The agreement aims to support the private sector and identify investment opportunities for Qatari companies in developing countries.

Source : www.zawya.com