Qatar and Ukraine Business News: QUBF OVERVIEW# 2 | 2021
QUBF OVERVIEW is an informative e-digest issued by QUBF LLC (G) & PRO CAPITAL GROUP
QUBF Team is delighted to share with you the QUBF OVERVIEW as a snapshot of QUBF Highlights, Qatar and Ukraine Business News and Impressive Facts. This edition presents a selection of major news for the period of H2 2021
QATAR BUSINESS NEWS | H2 2021
- Qatar’s financial wealth expected to reach $ 306bn by 2025 reported BCG
- The World Bank prospects the growth for Qatari economy by about 3% and 4.1% during 2021 and 2022
- Qatar Energy has long-term LNG supply agreements with many global firms from China, South Korea, Taiwan, Pakistan and Bangladeshi customers
- Qatar’s real GDP to grow 2.5% in 2021, and 3.7% in 2022 according to Oxford Economics
- Qatar’s GDP per capita will increase steadily to scale up to $71,087 in 2025 by Focus Economics
- The Public Works Authority (Ashghal) plans to open the first factory for ABB E-mobility in Middle East
- Qatar Science and Technology Park (QSTP) attracts tech companies from the international community
- Qatar’s private sector trade exceeded QR 2.57bn according to the Qatar Chamber, QCCI report
- Qatar’s $300 bln sovereign wealth fund is building a regional hub in Singapore
- Discover Qatar in partnership with Qatar Airways Holidays has launched specially curated packages to welcome international travelers in Qatar
- Qatar witness about 8 % growth year by year in the number of ships calling to its ports reflecting the increased trade especially in automobiles, building materials and livestock (Mwani Qatar)
(Source: World Economic Outlook, IMF, EIU and Qatar Economic Review (QNB), Qatar Statistics Authority (QSA), Embassy of Ukraine to the State of Qatar, Wikipedia, Gulf-Times, Research and Markets, Qatar Tribune, Peninsula, Marhaba)
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UKRAINE BUSINESS NEWS | H2 2012
- Ukraine harvested 106 million tons of cereals, legumes, and oilseeds in 2021 which is the biggest harvest the country’s ever had since 1991
- For the 1st half of 2021 the share of production in Ukraine’s GDP was 11.7%, and this is the best indicator over the past 3 years according to UkraineInvest
- The government plans to double the flow of annual FDI in the country’s manufacturing sector by 2025
- Ukraine government provides for a number of fiscal incentives for investors in industrial parks (IP), such as exemption from the income tax of IP residents for 10 years on condition of its reinvestment
- Ukraine received more than USD 2.7 billion from the IMF, International Monetary Fund
- FM Logistic Ukraine will invest $ 25-30 mln in the construction of a logistics complex in Kyiv region
- The Latvian company Eco Baltia Vide invested €4 million in waste recycling of Cherkasy city
- CWP Europe (energy company) enters the Ukrainian market for the first time with the acquisition of a 73 MW onshore wind turbine in Kherson region
- Ukrainian division of the American company Remington Seeds launched the first stage of a corn seed production plant in Cherkasy region, a project worth $ 30 million and a capacity of 2.2 MW
- The Koudijs Group has launched a plant for manufacturing mineral and vitamin supplements for agricultural animals in Lviv region with a production capacity of 1,500 tons per month
- ASTARTA will add a new technological line of advanced soybean processing to existing soybean facilities in the Poltava region. The production capacity is up to 100kt of soy protein concentrate per year
- BWT (Best Water Technology) Austria intends to invest together with its partner Ecosoft (Irpin) up to EUR 5 million in the development of the infrastructure for bottling purified water in Ukraine
- INTERPIPE company invests $1mln in increasing production of pipes for mechanical engineering
- The volume of exports of furniture and its parts in Jan-July 2021 increased by 70.5% compared to 2020
- The forecast for the export of the Ukrainian wheat in the 2021/2022 year by 2.5 million tons | USDA
- Ukraine and Airbus sign memorandum to create Ukrainian National Airlines
(Sources: UkraineInvest, portalUkraine, KyivPost, Latifundist, APK-Inform, Iinterfax, Trading economics, Busnews, BBC, The Guardian, UNIAN, Interfax-Ukraine, Open4business, government portal, Ukrinform)
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QUBF HIGHLIGHTS | H2 2021
QUBF/ Qatar-Ukraine Business Forum is an organization registered in Qatar to facilitate Qatar-Ukraine partnership across all industries while supporting in fostering trade and investment.
- QUBF reached a strategic agreement with QFC to host Qatar-Ukraine Business Forum as a digital high level event in strengthening Qatar-Ukraine bilateral relations which scheduled for March 16, 2022
- The Embassy of Ukraine in Qatar and The Association of Incoming Tour Operators of Ukraine conducted the webinar Ukraine-Brand New Destination to foster collaboration in tourism sector
- QUBF facilitates partnership of LARI GROUP Qatar with diversified Ukrainian food suppliers
- QUBF joint the Forbes Digital Qatar Symposium & Awards 2021 to celebrate the most influential business and individual achievements in Qatar
- QUBF Team participated online in The Second Annual UkraineInvest Forum ‘MAKE in UA’
- QUBF participated at WISE | World Innovation Summit for Education held in Doha last December
- QUBF was an association partner of Qatar Trade Summit 2021 (November 9-10) to deliver keynote speeches while discussing Qatar-Ukraine trade and investment and sharing remarkable joint achievements
- Ukraine Amber Expo has opened at Katara as an exclusive permanent exhibition showcasing unique amber masterpieces made by Ambra Simha Group. This collaboration has been facilitated by QUBF
- QUBF Vice-chairperson Daria Revina was part of Doha Women Forum’s panel Challenging Gender Bias and Inequality discussing women empowerment in post pandemic times
- QUBF in collaboration with Asters law Firm Ukraine, Invest Qatar and Qatar Free Zone conducted a Roundtable on Incentives of Doing Business with Qatar which took place in Kyiv on August 31, 2021
- QUBF was a partner and key speaker to share its expertise in developing Qatar-Ukraine partnership on the Meetings of the Qatar-Ukraine Intergovernmental Commission held in Ukraine on September, 2021
- Qatar-Ukraine bilateral trade numbers increased and reached more than $146m in 2021
- MOUs signed between the Ministry of Agrarian Policy & Food of Ukraine and Qatari BALADNA and WIDAM Food with prospects to investment in Ukrainian agricultural projects
- Qatar Airways has started to operate flights three times a week to Odessa, Ukraine from December 2021
- Qatari Al Rayyan Tourism Investment signed MOU with the Ministry of Infrastructure of Ukraine to attract investments in hospitality industry and to open the University of Hospitality in Ukraine
Sourсe: QUBF OVERVIEW# 2 | 2021
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