Qatar took part in the "Astana Finance Day" Conference

As part of the development of cooperation between the Republic of Kazakhstan and the State of Qatar in the banking, finance and investment field, a panel session "Kazakhstan - Qatar Opportunities" was organized on June 29, 2022 within the framework of Astana Finance Days.

During the session, the parties exchanged experience in building successful financial ecosystems in Qatar and Kazakhstan, ways to increase further interaction between companies participating in financial centers based on QFC and AIFC, and also discussed issues of investment cooperation with Qatari companies in the fields of energy, agriculture, mining, construction and telecommunications.

Representatives of the Qatar Stock Exchange, K&L Gates Law Firm, Kazakh Invest, the national company QazaqGaz, as well as the AIFC Financial Services Regulatory Committee (AFSA) took part as speakers at the panel session.

In his speech, Dr. Haythem Mohamed Al-Salam, Chief Economist of the Qatar Financial Center Administration, stressed that the potential of trade and economic cooperation with Kazakhstan is on the priority agenda of Qatari business. The AIFC, taking into account the coverage of trade and economic spaces closely connected with Kazakhstan, seems to be a profitable provider of services for the development of Qatar's investment activities.

In general, the participants of the panel session noted the need for further development of cooperation between the countries in the financial and investment spheres, including through the AIFC platform.

In addition, on June 29, a bilateral meeting "Kazakhstan – Qatar" was held with the participation of the business circles of Kazakhstan and Qatar, including the Qatar Financial Center, Commercial Bank of Qatar, Qatar Islamic Bank QInvest investment company, Qatar Stock Exchange and others.

In his welcoming speech to the participants of the meeting, AIFC Governor Dr. K. Kelimbetov noted that due to the active role of the financial centers of the two countries, cooperation in the financial and investment spheres is a central element in the development of economic relations between the countries.

The parties exchanged information on mutually beneficial areas of cooperation to attract investments into the economy of Kazakhstan, further development of the potential of interaction between the Qatar Financial Center and the AIFC, as well as stock exchanges.

​ The events were organized with the assistance of the Embassy of the Republic of Kazakhstan in Qatar and the Embassy of Qatar in Kazakhstan aimed at substantive preparation for the substantive content of the economic block of the state visit of Emir Sheikh Tamim bin Hamad Al-Thani to Nur Sultan at the invitation of the President of Kazakhstan.