Post by : Mariam
Al-Faris
Qatar and Malaysia are becoming closer trade partners. In 2024, their trade reached QR5.2 billion, up 80% from QR2.9 billion in 2023, according to Qatar Chamber’s Second Vice-Chairman Rashid bin Hamad al-Athba.
Al-Athba shared this update during the Asean-GCC-China Economic Forum held in Kuala Lumpur, where he was joined by fellow Qatar Chamber board members Ali bin Abdul Latif al-Misnad and Nasser bin Suleiman al-Haidar.
The forum focused on boosting investments among Asean, GCC, and China, discussing important topics like the role of artificial intelligence, energy investments, and logistics development.
Al-Athba also had meetings with key officials, including Brunei’s Minister of Finance and Economy, Dato Amin Abdullah, where they talked about working together and signing future agreements.
In another meeting, he spoke with Malaysia’s Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong. They explored ways to increase trade and mutual investment between Qatar and Malaysia.
Speaking to the media, al-Athba highlighted that the GCC private sector is eager to build stronger ties with Asean, which is one of the fastest-growing regions globally. With a population of around 690 million and a prime spot along global trade routes, the region offers attractive opportunities for Gulf investors.
He stressed the importance of the growing relationship between Qatar and Malaysia, and encouraged Asean and Chinese businesses to look into Qatar’s investment-friendly environment and consider partnerships with Qatari companies across different industries.
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