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Qatar Chamber’s Al Ansari Calls for Strategic Alignment in Gulf Industries

Team QT by Team QT
November 1, 2024
in Qatar Business News
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  • Abdulrahman bin Abdulla Al-Ansari, Qatar Chamber Board Member, advocated for a unified Gulf industrial strategy to enhance the GCC’s industrial sector.
  • He presented a paper at the 2nd Gulf Industrial Exhibition, stressing the need to focus on oil, gas, natural resources, and essential local demands.
  • The strategy aims to boost industry localization and private sector empowerment across Gulf nations.
  • Al-Ansari highlighted the progress in Qatar’s industrial sector, with private sector exports reaching over 100 countries.

Qatar Chamber Board Member and Chairman of the Industry Committee, Abdulrahman bin Abdulla Al-Ansari, has emphasized the urgent need for a unified Gulf industrial strategy to bolster the industrial sector across GCC countries. Speaking at the 2nd Gulf Industrial Exhibition, Al-Ansari shared his insights on strengthening local industries and empowering the private sector in the Gulf region.

His working paper, titled Localization of Industry and Private Sector Empowerment: The Reality of the Industrial Sector in the GCC, laid the groundwork for discussions on aligning Gulf industrial goals.

At this event, held at the Sheraton Hotel on October 31, the discussion was supported by key officials, including HE Saleh bin Hamad Al-Sharqi, Secretary-General of the Federation of GCC Chambers, and Ali Saeed bu Sherbak Al-Mansori, Acting General Manager of Qatar Chamber. Al-Ansari stressed that the proposed strategy should focus on critical sectors such as oil and gas, natural resources, and address local demands within the GCC to foster industrial growth and self-sufficiency.

The drive toward industrial advancement is a strategic priority for all Gulf countries. Al-Ansari highlighted that strengthening the industrial sector requires focused efforts, particularly in areas tied to oil and gas development, the creation of a comprehensive industrial policy, and the facilitation of industrial localization across the Gulf region. This collective approach aims to reduce reliance on imports and build a sustainable, home-grown industrial framework.

While Al-Ansari acknowledged that the Gulf’s industrial sector has yet to reach its full potential, he pointed out notable successes, particularly in Qatar. The private sector in Qatar has achieved a competitive edge by exporting a variety of products to over 100 countries globally.

This accomplishment underscores the competitiveness and reach of Qatari industries, reflecting the region’s capacity to thrive in international markets.

Al-Ansari’s call to action advocates a consolidated effort to unify industrial goals across GCC nations, encouraging shared resources, expertise, and vision. Through collaboration, the Gulf region can enhance its industrial strength, secure economic resilience, and achieve sustainable growth for future generations.

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Team QT

Team QT is the collective voice behind QatarsTalk, bringing you the latest and most insightful content from Qatar. Comprised of dedicated writers, researchers, and journalists, Team QT focuses on delivering high-quality articles on a wide range of topics, including local news, business trends, cultural highlights, and personal stories. Their mission is to inspire, connect, and influence the community by sharing diverse narratives and valuable insights about life in Qatar. With a passion for storytelling, Team QT ensures that every piece resonates with the readers.

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The image is a pie chart that illustrates the distribution of Qatar's trade exports by country for September 2024. The pie chart is displayed on a red background, with the different countries represented by colored slices. The largest slice, colored in deep red, represents China, which accounts for 20.3% of Qatar's total exports. The other slices, in varying shades of red, represent South Korea (10.8%), India (10.4%), Singapore (7.2%), Japan (6.2%), and a category labeled "Other Countries" which makes up the remaining 45.1% of exports. The chart provides a visual breakdown of Qatar's key trading partners and the relative importance of each market for its exports.

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