Qatar, Monaco Aim To Deepen Business and Investment Ties

A high-level Qatari business delegation, led by Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber, and Sheikh Hamad bin Faisal Al Thani, Board Member of the Qatari Businessmen Association (QBA), recently paid a business visit to the Principality of Monaco.

Initiated by Qatar’s Ambassador to France, HE Sheikh Ali bin Jassim Al Thani, and in cooperation with the Qatari-French Economic Association (Qadran), the visit aimed to boost economic and investment ties with France andMonaco.

The delegation included representatives from nearly 20 companies across key sectors, including energy, technology, real estate, construction, insurance, industry, agriculture, tourism, hospitality, andservices.

The programme featured official meetings and business discussions with senior officials, business community representatives, and companies in the Principality of Monaco to explore joint investment opportunities and strengthen engagement between their respective private sectors.

The visit featured three key high-level meetings with H.S.H. Prince of Monaco, Minister of State, and Minister of Foreign Affairs.

The meetings were attended by Sheikh Khalifa bin Jassim Al Thani, Sheikh Ali bin Jassim Al Thani, andSheikh Hamad bin Faisal Al Thani.

Discussions focused on strengthening bilateral relations, advancing economic, trade, and investment cooperation, promoting direct engagement between the two business communities, and exploring opportunities to establish new projects and partnerships in sectors of mutual interest.

The meeting highlighted the importance of increasing mutual visits by trade delegations, strengthening the private sector’s role in advancing economic relations, and capitalising on investment opportunities available in both the State of Qatar and the Principality of Monaco.

In his remarks, Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber, highlighted the visit as a significant milestone, noting it is the first large-scale Qatari business delegation to Monaco, featuring 20 companies across key sectors. 

He stated that it reflected the Qatari private sector’s interest in exploring new markets and strengthening international business ties.

He emphasised that strong Qatar-France economic ties offer a solid foundation for growth and noted the visit opened new avenues for cooperation with Monaco, particularly in finance and banking, real estate, tourism and hospitality, as well as maritime services and yachting.

Reaffirming Qatar Chamber’s commitment to strengthening trade and investment ties with Monaco, Sheikh Khalifa invited Monaco’s business community to visit Qatar and explore its investment environment, world-class infrastructure, and opportunities in various sectors.

He highlighted Qatar’s strong economy, attractive investment climate, and world-class infrastructure, which offer diverse opportunities for collaboration with French and Monegasque companies across key sectors, including energy, technology, logistics, tourism, and food security.

Emphasising the private sector as a driver of sustainable growth, he added that Qatar Chamber actively supports international partnerships that help Qatari companies expand into new markets.

For his part, HE Sheikh Ali bin Jassim Al Thani, Ambassador of Qatar to France, highlighted the visit’s role in strengthening bilateral ties and expanding economic cooperation with Monaco. He emphasised the embassy’s commitment to supporting initiatives that connect investors and foster corporate partnerships between both nations.

He also called for increased trade delegation exchanges between Qatar and Monaco and invited a business delegation from Monaco to visit Qatar to explore investment opportunities, learn about key economic projects, and engage directly with Qatari business leaders.

Earlier during the visit, the delegation met withChristophe Mirmand, Minister of State of the Principality of Monaco, along withFrédéric Cottalorda, Minister of Finance and Economy; Isabelle Berro-Amadeï, Minister of Foreign Affairs and Cooperation; Ludmila Raconnat, Delegate for the Attractiveness of the Principality; Stéphane Brunner, Director of Economic Development; Guillaume Rose, Director of the Monaco Chamber of Commerce; andFrançois Dour, Head of Institutional Development.

As part of the programme, the Qatari delegation met with Invest Monaco and representatives of companies and economic institutions across various sectors including finance, yachting, real estate, construction, tourism, and hospitality.

The meeting focused on exploring joint investment opportunities, exchanging expertise, and establishing strategic trade and investment partnerships in key growth sectors.