Tag: forum

No Plans To Cancel Qatar Business, Investment Forum In Doha – NACCIMA

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February 25, The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has said there are no plans to cancel the Business and Investment Forum in Doha, Qatar scheduled between March 2 and 3, 2024.

NACCIMA National President, Dele Oye (Esq.), who disclosed this in a statement, said the summit is organised in partnership with the Qatari Chambers of Commerce and Industry to provide an unparalleled platform for Nigerian businesses to engage with their Qatari counterparts.

The statement followed reports that Qatari authorities declined the proposed investment forum to be attended by President Bola Ahmed Tinubu, citing the unavailability of the country’s minister of commerce and industry, Mohammed Bin Hamad Al-Thani.

The Qatar Government has however explained that the investment forum between the Nigerian and Qatar business communities was only one of several events lined up ahead of President Tinubu’s state visit to the Gulf country.

“In light of recent developments and the circulating news regarding the upcoming Business and Investment Forum scheduled to be held in Qatar, we, at the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), wish to address our valued members, the business community, and all involved stakeholders.

“We acknowledge the concerns raised following the leak of diplomatic correspondence that has led to some uncertainty regarding the Forum. We would like to clarify that this event is a significant element of the broader context of President Bola Ahmed Tinubu’s state visit to Qatar, scheduled between March 2 and 3, 2024. This visit underscores the strong commitment between Nigeria and the State of Qatar to deepen bilateral economic cooperation.

“The Business and Investment Forum, organised in collaboration with Qatar’s Chambers of Commerce and Industry, is designed to provide an unparalleled platform for Nigerian businesses to engage with their Qatari counterparts. This event

WTCA’s Global Business Forum 2024 to position India as global investment destination

India’s agri and food processing and biotechnology sectors will be among the key focus areas for investors at the World Trade Center’s Association (WTCA) Global Business Forum 2024 to be held in Bengaluru from March 3-6.

WTCA is an international trade organization that connects over 300 World Trade Center locations in nearly 100 countries. The 2024 Global Business Forum (GBF) is making its debut in India, hosted by the WTCA and World Trade Center Bengaluru.

Prashant Gokhale, Managing Director, Buhler India and chair of B2B committee, GBF 2024 said over 100 businesses from 30 countries such as the United States and the United Kingdom will be participating in the four day event that will showcase India as an investment destination.

  • Also read: JCB’s Chairman Lord Bamford backs India as an investment destination

Over 100 Indian companies are expected to participate in the GBF 2024, which will showcase investment opportunities across 12 diverse Indian industry sectors, including agriculture & food processing, automotive, aviation & aerospace, biotech, education, heavy engineering, IT, ITeS & electronics, manufacturing, real estate & construction, tech start-ups, textile & garments, and travel & tourism, said Gokhale, who is also the vice-president of Bangalore Chamber of Industry and Commerce (BCIC).

BCIC is the knowledge partner to conduct B2B meetings and making that connect between the Indian industries and visiting delegates with our network, Gokhale said.

“EPIC: Empowering Progress through Innovation & Collaboration,” is the theme of the event in which several WTC businesses are bringing delegations to participate in the B2B matchmaking aspect.

  • Also read: Gulf nations betting big on India
Deloitte report

Romal Shetty, CEO of Deloitte South Asia, will deliver the keynote address, unveiling the new Deloitte research report “India as an Investment Destination.” Other notable speakers include MR Jaishankar, Executive Chairman, Brigade Enterprises Ltd, and John

K-SURE, Canada’s EDC Collaborate on Business Investment Forum

Baek Seung-dal (front row fourth from left), deputy president of Korea Trade Insurance Corporation; Sven List (front row fifth from left), senior vice president corporate and international of Export Development Canada, and other participants of the Korea-Canada Project Exploration and Investment Collaboration Business Forum pose for a group photo at the event held in the Four Seasons Hotel in Seoul on Oct. 25.
Baek Seung-dal (front row fourth from left), deputy president of Korea Trade Insurance Corporation; Sven List (front row fifth from left), senior vice president corporate and international of Export Development Canada, and other participants of the Korea-Canada Project Exploration and Investment Collaboration Business Forum pose for a group photo at the event held in the Four Seasons Hotel in Seoul on Oct. 25.


The Korea-Canada Project Exploration and Investment Collaboration Business Forum was held at the Four Seasons Hotel in the Jongno district of Seoul on Oct. 25.


The Korea Trade Insurance Corporation (K-SURE) held a joint meeting with the Export Development Canada (EDC) on Oct. 25 to strengthen the export and investment collaboration between South Korean and Canadian companies.


This event marked the first joint effort between the two major national export support institutions since the establishment of the EDC’s Korean office. It witnessed the participation of 15 companies from both nations, including South Korean firms venturing into the North American market in sectors such as battery separators and Small Modular Reactors (SMR), as well as Canadian clean energy enterprises.


Both organizations discussed Canada’s primary national strategic initiatives, project exploration opportunities, and provided insights for Korean firms aiming to enter the North American market, considering investing in Canada. They touched upon Canada’s “Key Mineral Strategy” to transform itself into a global supply chain hub for stable eco-friendly and digital industries, as well as points of attention during the permitting process, negotiations with indigenous communities, and other considerations for Korean firms planning market entry into North America.


A financial support case was also highlighted. Solus Advanced Materials, a battery material company that attended the event, is expected to contribute to the stability of the North American battery

Saudi-India Investment Forum builds on business impact of G20 summit

Saudi-India Investment Forum builds on business impact of G20 summit

Saudi-India Investment Forum builds on business impact of G20 summit
Crown Prince Mohammed bin Salman shakes hand with Indian Prime Minister Narendra Modi. (AP)

There may have been criticisms of the G20’s joint declaration at the weekend, including from Ukraine and environmental nongovernmental organizations, but the summit surpassed many expectations and provided some key business takeaways.

This includes the eye-catching new India-Middle East-Europe Economic Corridor initiative, which Saudi Arabia and India are key to. There was also the historic incorporation of the 55 African Union emerging markets into the G20.

Moreover, the business impact continued post-summit, including with Monday’s Saudi Arabia-India investment forum. The Kingdom has emerged as a key partner of India, including in the energy sector, with Riyadh now the third-largest source of crude oil and petroleum products for India.

In October 2019, moreover, the two countries created a Strategic Partnership Council. This body has two pillars: a committee on economy and investments led by the Indian commerce minister and the Saudi energy minister, plus a political, security, social and cultural committee headed by the nations’ foreign ministers.

India is Saudi Arabia’s second-largest trading partner, whereas the Kingdom is India’s fourth-largest. Bilateral trade reached an all-time high of $52.75 billion in 2022-23.

At Monday’s investment forum, the two nations signed a comprehensive energy partnership deal at a time when India — the world’s third-largest oil importer — is looking to become a net exporter of renewable energy.

India has targeted achieving 5 million tons of green hydrogen capacity annually, along with an additional 125 gigawatts of renewable energy capacity by 2030. India is also looking at having 500 GW of renewable energy capacity by the end of the decade.

The India-Saudi Arabia investment forum built on the business impact of the G20 summit at the weekend. Going into

B20 Summit 2023: Top quotes from PM Modi’s speech at G20’s business forum

Prime Minister Narendra Modi on Sunday addressed the B20 summit in Delhi. The three-day-long summit of G20’s business forum will come to an end today evening. The Business 20 Summit is the official G20 dialogue from the global business community.

“The stronger the friendship you will keep with India, the more prosperous your economy will get. India is building mutual trust among countries that was destroyed during the Covid pandemic,” PM Modi tells B20 Summit leaders.

Top quotes from PM Modi’s B20 address

1) “Businesses can transform potential into prosperity, obstacles into opportunities, aspirations into achievements, whether they are small or big.”

2) “India will have the biggest middle class in the coming years because of our government’s pro-poor policies.”

3) “India has launched a green credit system– a pro-planet approach which every nation should adopt. We need to create an ecosystem that will make the planet healthy. Being conscious about one’s health is important but one should also be concerned about the planet’s health.”

4) “India will try to repeat the success of solar energy in green hydrogen sector also. In global supply chain, India will play significant and efficient role.”

5) “India is building mutual trust among countries that was destroyed during Covid pandemic. During Covid pandemic, India supplied medicines to over 150 nations. The stronger the friendship you will keep with India, the more prosperous your economy will get.”

6) “ISRO played an important role but along with it, the Indian industry, MSMEs and private companies also contributed to this mission. This is a success of both science and industry.”

7) PM Modi asked business leaders to brainstorm on issues like cryptocurrency and Artificial Intelligence. He said a global framework is required for cryptocurrency. Besides, the PM said that technology disruption is happening at a rapid speed

Saudi Arabia ‘open for business,’ UK investment forum told

RIYADH: Oil prices dipped on Monday as investors tread cautiously ahead of fresh economic data from top consumers in the US and China this week, though expected crude supply cuts from Saudi Arabia and Russia limited losses.   

Brent crude futures fell 55 cents, or 0.7 percent, to $77.92 a barrel by 9:30 a.m. Saudi time. US West Texas Intermediate crude was at $73.31 a barrel, down 55 cents, or 0.7 percent.   

“Oil traders may be cautious ahead of the US CPI (consumer price index) and China’s slew of economic data later this week,” said CMC Markets analyst Tina Teng.   

However, she added that crude prices could rebound after the Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+, announced plans to reduce supply further.   

China’s factory-gate prices fell at the fastest pace in over seven years in June, government data showed on Monday, as the momentum of economic recovery in the world’s second-largest economy has slowed.   

The oil benchmarks gained more than 4 percent last week to touch their highest marks since May, rising for a second straight week after the world’s biggest oil exporters Saudi Arabia and Russia pledged to deepen supply cuts in August.   

“The presence of economic slowdowns in China adds to the prevailing uncertainty in the oil market,” said Mukesh Sahdev, head of downstream and oil trading at Rystad Energy.   

“The market’s instability is further fueled by the ongoing tug-of-war between fears of demand control by Western economies and the supply-control strategies employed by OPEC, which impacts the oil market’s delicate balance.”   

Qatar Energy signs 10-year deal with ENOC group to sell condensate 

Qatar Energy has signed a 10-year agreement with the UAE-based Emirates National Oil Co, to supply 120 million barrels of petroleum condensate beginning this month. 

Qatar Energy signed the

Ivy League Prof Bashes America at CCP Business enterprise Forum

Columbia University economist Jeffrey Sachs calls on American leaders to ‘calm down’ on China

Columbia professor Jeffrey Sachs / Getty Illustrations or photos

A notable Ivy League economist bashed the United States at a new Chinese Communist Celebration enterprise discussion board, accusing American leaders of making an attempt to “undermine” Chinese corporations like TikTok and “escalating” a trade war with Beijing.

Columbia College professor Jeffrey Sachs termed on American business leaders at the China Progress Forum to urge U.S. officers to “calm down” in their stance toward China.

“We want to make peace, cooperation, and organization we don’t want conflict,” he said.

Sachs’s remarks have served as a valuable propaganda instrument for Beijing. Point out media shops like China Daily and World Periods touted his criticism of the United States and praise of the forum for assisting simplicity geopolitical tensions.

The Development Analysis Middle of the Point out Council, which advises the Chinese Communist Celebration on political problems, sponsors the China Improvement Forum, which is billed as an substitute to the World Economic Forum held in Davos every yr. Ding Xuexiang, a top adviser to Chinese leader Xi Jinping, gave the keynote speech at the forum. Well known business leaders like Apple’s Tim Prepare dinner and Pfizer’s Albert Bourla also spoke at the party.

Sachs, extensively regarded as one particular of the world’s most influential economists, has emerged as a top critic of American international policy. A previous adviser to China’s Point out Enhancement Setting up Commission, Sachs has appeared quite a few occasions on China’s state-controlled media shops to criticize the United States. He accused conservatives of waging an “unholy crusade” towards China and labeled the U.S. federal government the “biggest threat” to global regulation and world-wide peace.

“I do not feel that China is the root of the

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