Qatar and Ukraine Business News: QUBF OVERVIEW# 1 | 2021

 QUBF OVERVIEW# 1 | 2021

QUBF OVERVIEW is an informative e-digest issued by QUBF LLC (G) & PRO CAPITAL GROUP

Dear Partners and Friends,

QUBF Team is delighted to share with you the QUBF OVERVIEW as a snapshot of QUBF Footprint, Qatar and Ukraine Business News and Impressive Facts. This edition highlights a selection of major news

QUBF FOOTPRINT

QUBF (Qatar-Ukraine Business Forum) is a joint council aiming to facilitate Qatar-Ukraine sustainable partnership across all industries while promoting trade and investment for mutual benefits.

QUBF LLC (G) is registered in Qatar with the support of the Embassy of Ukraine in Qatar and TMF Group Qatar to operate as a unique channel for maintaining a privileged dialogue between Qatari and Ukrainian business communities and other prominent organizations in both countries

• QUBF exerts efforts in promoting Ukrainian food industry among Qatari business community and facilitating prosperous collaboration between Ukrainian suppliers and LARI Group Qatar
• QUBF Founder has shared experience on doing business in Qatar via e-forum organized by UCCI
• QUBF took part in e-conference on Sustainable Development in Qatar conducted by Doha Bank
• Nov 18, QUBF was part of the ceremony in signing Memorandum of Cooperation between Katara Cultural Foundation and Ukrainian Amber World Association to develop amber industry
• QUBF featured by Gulf Times and Peninsula sharing its expertise in Qatar-Ukraine relations
• QUBF Founder Ms Revina has joint the Honorary Senior Advisory Panel at the Hague Institute
• QUBF has facilitated UkraineInvest participation in two e-forums promoting Ukraine Food &Agriculture sectors benefits and Tech Innovations. The Forum powered by Qatar IBD Summit
• QUBF Vice-Chair Ms Daria Revina elected to the Board of HEC Alumni Association in Qatar

QATAR BUSINESS NEWS | IMPRESSIVE FACTS

QATAR BUSINESS NEWS

Qatar is the richest country in the world with GDP per capita and a one of the smallest Gulf Countries by population (2.7 mln) and geographical area (11,521 sq. km). The second largest gas reserves in the world. The State has a strong trade surplus over the years with revenues mainly driven from oil and gas exports. Economic Drivers: Natural Gas, Petroleum, Fertilizers, Steel, Finance.

• Qatar economy is set to rebound this year with the World Bank forecasting it to grow 3% in 2021
• Qatar trade surplus jumps more than 28% in November 2020
• The establishment of four strategic clusters as sports, digital, financial and media and a New Emerging Belt Initiative (NEBI) are the key highlights of Qatar Financial Centre’s 2022 strategy
• Qatar signed contracts worth QR6bn with several companies to manufacture environment friendly vehicles in the country
• Ahlibank Qatar and Visa, the world’s leader in digital payments have entered into an exclusive five-year strategic partnership to foster payments innovation in Qatar
• Qatar is the region’s second-largest equity market with a market capitalization of $160 bn from 47 listed companies by the end of 2019 (by the Qatar Financial Centre, QFC report)
• Fitch Solutions sees accelerations in Qatar’s headline growth to 3,4% in 2021
• Qatar National Bank, QNB Group (extends to 31 countries across 3 continents) has won ‘The Best Bank in Qatar’ award from Euromoney magazine’s Awards for Excellence 2020
• Qatar Petroleum (QP) has received the ‘New Venture of the Year Award’ as part of the Wood Mackenzie Exploration Awards 2020

IMPRESSIVE FACTS

• Qatar will be the hosting of the International Purebred Arabian Horse Show in February 2021 as the first Qatar’s premier Arabian horse show and one of the world’s highest-ranked shows
• There are 95 and 78 new public gardens and parks will be open in Qatar by 2023
• Qatar Open Data Portal of the Ministry of Transport and Communications (MoTC) won the 2020 World Summit on Information Society (WSIS 2020) award for e-Science.
• Qatar General Electricity and Water Corporation achieved a new world record for the State of Qatar by entering the Guinness World Records for Largest Drinking Water Storage Tank
• Qatar is the first country in the Middle East and North Africa which won the bid to host the Congress of World Association of Sport Management (WASM) in March 2022
• The Qatari Armed Forces team has won the first prize in the Military Games ‘Tank Biathlon 2020 Competition by participating in the event for the first time
• Qatar Airways has won four Trip Advisor Travellers’ Choice Airline Awards 2020’
• Commercial Bank of Qatar won 7 prestigious awards from Global Finance Middle-East 2020
• Zulal Wellness Resort by Chiva-Som in Qatar was awarded as the ‘World’s Best New Wellness Retreat 2020’, one of the most prominent annual awards by the prestigious World Spa Awards
• Al Bayt Stadium has become the second FIFA World Cup Qatar 2022 tournament venue to achieve a five-star sustainability rating
• Researchers at Weill Cornell Medicine – Qatar (WCMQ) study the genetic heritage of the Arabian horse, prized all over the world for its beauty, grace and athletic endurance
• Qatar retained its position as the safest country in the world according Crime Index by Numbeo
• Qatar Executive has introduced a new and exclusive ‘Diamond Agreement’ for their customers which guarantees ‘unrivalled’ service on the board state-of-art fleet of private jets.

(Sources: Embassy of Ukraine to the State of Qatar, World Economic Outlook, IMF, EIU and Qatar Economic Review (QNB), Qatar Statistics Authority (QSA), Wikipedia, Gulf-Times, Research and Markets, Qatar Tribune, Peninsula, Marhaba)

UKRAINE BUSINESS NEWS | IMPRESSIVE FACTS

UKRAINE BUSINESS NEWS

Ukraine is the largest state in Europe with total area: 603.700 sq.km. Population is 42M (2020) with 70% urban-based. Strategic positioning between Europe and Asia. Trade Hub to the EU, Middle East and Asia. Has Europe’s largest underground gas storage capacity. Ukraine is #1 IT engineering force in Central &Eastern Europe |CEE; # 3 World Grain exporter |2016. Ukraine is in the TOP 50 world’s most innovative economies. Economic Drivers: Agriculture, Energy (Renewables), IT, Manufacturing, Metallurgy, Chemical industry, Infrastructure.

• Ukrainian Government has updated Strategy on Seaports Development until 2038
• The Cabinet of Ministers has identified 103 priority investment projects until 2023
• 2021 year will be marked as the year of implementation of large-scale infrastructure projects in railway industry, Water transportation, Aviation industry
• Ajax Systems, a Ukrainian manufacturer of wireless security systems, opened the second production plant in Kyiv
• Ukraine signed the agreement with NASA to jointly cooperate within the “Artemis” program that envisages the peaceful exploration of the Moon, Mars and other celestial objects
• Ukraine and the European Commission will intensify its cooperation in the field of critical raw materials and enhance a strategic partnership in this realm
• Ukraine and China have signed a program of cooperation in the field of aerospace for 2021-2025, which consists of 69 joint projects with a total value of contracts of more than $70 million
• The Strauss Group, one of the largest coffee producers in the world put into operation a warehouse and distribution center in Ukraine
• Based on data of January 15, 2021, Ukraine has exported 27.2 million tons of grain and legumes
• In 2020 Ukrainian IT industry has experienced spectacular growth as such global giants as Google, Apple, Reddit, Viber, La French Tech - French Tech Kyiv, Spotify entered Ukraine
• China emerges as Ukraine’s main trading partner, racking up $15.4 billion in two-way trade
• First large-scale data center worth $1 billion to be built in Ukraine creating more jobs
• About 98% of all Ukrainian goods will have access to the British market
• Ukraine is becoming a key player in providing the world’s food security. The Ukrainian Grain Association predicts Ukraine could harvest a record-high 100 million tons of grains and oilseeds in 2020/2021 MY, while the export may reach 61 million tons
• Ukraine and Microsoft to start cooperation in cloud services development. The project cost is $500 million
• Norwegian NBT is willing to invest 1.2 billion EUR in the construction of a wind farm and 300 million EUR for the electrolysis-based hydrogen production facilities
• Dnipro hotel in Kyiv has been sold on the auction for $ 41 M. The hotel will become a base for cybersport events with unique e-sporting elements to make Kyiv an e-sports Mecca
• The first largest Ukrainian biofuel power plant Ayaks Dnipro was commissioned in Dnipro. The plant is located near the sunflower oil production plant and will use sunflower seed husk
• Poltava mining and processing plant (Eastern Ukraine) launches technical complex for $100 mln
• German company KOSTAL has put a capsule in the foundation at the future plant for automotive electronics production near Boryspil. The total amount of investment is EUR 39 million
• Ukraine is the 2nd largest exporter in the world of organic agri-food to the European Union
• LetyShops, a cashback service founded by Ukrainians, has attracted $3 million from the German investor AB Capital Group. The investment is expected to support the provider's growth in Spain, Germany, Poland, Latin America and India as well as launch in the new markets

IMPRESSIVE FACTS

• In 2020 Ukraine launched Diia 2.0 application with 9 digital documents available. Ukraine became the first country in the world where citizens can use electronic passports without showing the original ones
• Ukrainian Grammarly is listed among the new billion-dollar companies in the Titans of Tech report by GP Bullhound
• Ukrainian Reface is among the best Google Play apps in 2020 (Ukrainian application Reface has been included in the Best for Fun category)
• Ukraine is supplying food to over 150 million people globally, while having its own population at just over 40 million.
• Ukraine is ranked 25th among 160 countries in National Cybersecurity Index 2020
• MotionCam by Ukrainian startup Ajax Systems named “Intruder Product Of The Year” at the PSI Premier Awards 2020
• Ukraine has become a booming location for the global filming industry, as an attractive alternative to Hollywood. Netflix will shoot its movie in Kyiv, capital of Ukraine
• Ukrainians are ranked number 4 in the Global Skills Index (GSI) 2020 due to the proficiency of the technical skills. The general qualification level of Ukrainians in the field of technology is 95%, with the highest index of 100%

 (Sources: UkraineInvest, portalUkraine, KyivPost, Latifundist, APK-Inform, Iinterfax, Tradingeconomics, Bunews, BBC, The Guardian, UNIAN, Interfax-Ukraine, Open4business)

Sourсe: QUBF OVERVIEW# 1 | 2021

Pro Capital Group (Ukraine) was founded in 2010 by merger of such companies as Pro-Consulting, Pro Capital Asset Management, Pro Capital Securities and Pro Capital Investment.
Learn more about Pro-Consulting - International Marketing Research and Strategic Consulting services. Follow the link