English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Qatar backs Britain as May signs Brexit

LONDON/BIRMINGHAM: March 28, 2017. A day before Britain confirmed its formal departure from the European Union, the country signed an MoU with Qatar to increase co-operation in education and healthcare, science, research and innovation, tourism and culture, transport, energy, financial services and the development of small businesses.

Qatar has already invested US$43-US$50 billion in the UK and according to the country's finance minister Ali Shareef al-Emadi, his government plans to invest a further US$6 billion in energy, infrastructure, real estate and services.

Liam Fox and Al BakerPublic and private Qatari investors already have stakes in the International Airlines Group, Heathrow airport, Harrods department store, Sainsbury's supermarket chain, the landmark Shard building in Central London and the former Olympic Village in East London.

Speaking at the joint UK-Qatar Business and Investment Forum on March 28, Britain's prime minister Theresa May acknowledged the strength and seniority of the delegations from both countries "are a testament to the importance we both place on our bilateral relationship and the scale of our shared ambition to develop it".

As a precursor to her later Brexit announcement she added: "My plan for Britain is not just a plan to leave the EU, but a plan to build a stronger economy...and a critical part of this plan is developing a modern industrial strategy that can help secure my vision of a high-skilled, high-paid Britain.

"As a global Britain, I am determined that we will be the most committed and most passionate advocate of free trade in the world," she declared.

Shareef al-Emadi added he was confident the UK would have a "good future" outside the EU.

The inaugural Qatar-UK Forum provided government ministers and business leaders from both countries with the opportunity to promote investment and trade opportunities in the UK and showcase best practice and areas of opportunity in support of Qatar's 2030 National Vision.

Forum delegates included Qatar Airways' Group CEO Akbar Al Baker who acknowledged his airline's investment in IAG and the 70-plus weekly flights linking Qatar with Heathrow, Birmingham, Edinburgh and Manchester as part of encouraging trade between the two countries.

Also participating in the Forum was the revolutionary Dearman Engine that uses the expansion of liquid nitrogen to produce zero emission cold and power. Last year Sainsbury's became the first company in the world to trial a refrigerated truck cooled by Dearman's liquid nitrogen-powered engine that eliminates all related emissions.

Noting there are few countries that appreciate the value of cooling more than Qatar, Dearman said it is developing a suite of applications for the transport, energy, retailing and data sectors for possible use in the Gulf state.

(Pictured left to right: Liam Fox, UK Secretary of State for International Trade, and Qatar Airways Group CEO Akbar Al Baker at the UK-Qatar Business and Investment Forum)

News

Written on 18/10/2017, 20:06
airlines-increase-support-for-endangered-speciesDOHA: October 18, 2017. Qatar Airways has joined Airlines for America, Delta, Emirates, IATA, Kenya Airways and United in the USAID Reducing Opportunities...
Written on 17/10/2017, 20:05
britain-should-remain-in-the-eu-says-oecdLONDON: October 17, 2017. In its latest survey of the UK economy the OECD says the positive impact on growth "would be significant should Britain remain...
Written on 15/10/2017, 19:28
africa-gdp-growth-of-3-7-percent-in-2018ABIDJAN, Côte d'Ivoire: October 12, 2017. According to a new forecast from the African Development Bank (ADB), the continent's GDP is expected to grow 3.0...
Written on 13/10/2017, 16:16
biofuels-no-alternative-to-hydrocarbons-claimLONDON: October 12, 2017. As the U.N. International Civil Aviation Organisation (ICAO) held its second conference on alternative aviation fuels this week,...
Written on 11/10/2017, 19:41
delta-pre-tax-hit-by-hurricaneATLANTA: October 11, 2017. Delta Air Lines has reported a 5.5 percent increase in third quarter 2017 (Q3) revenue to US$11.06 billion and a net profit of...
Written on 10/10/2017, 20:53
lebanon-gets-new-access-to-export-marketsTRIPOLI, Lebanon: October 10, 2017. CMA CGM has added Tripoli to its Beirut, Lebanon call on a weekly basis in a bid to link exporters in North Lebanon to...
Written on 10/10/2017, 17:34
new-russian-arrival-in-hong-kongHONG KONG: October 10, 2017. Moscow-based carrier Aviastar-Tu has begun flying a Tu-204C freighter from Novosibirsk to Hong Kong on behalf of Russia...
Written on 09/10/2017, 18:20
jetblue-launches-aid-program-for-puerto-ricoNEW YORK: October 08, 2017. JetBlue, which normally operates 53 daily flights from three airports in Puerto Rico to the U.S Mainland, has launched a...
Written on 06/10/2017, 20:34
puerto-rico-begins-to-restore-essential-servicesSAN JUAN, PR: October 06, 2017. The American Maritime Partnership (AMP), representing 450 companies specializing in U.S. cabotage routes, says its members...
Written on 05/10/2017, 22:10
saudi-arabia-tops-equestrian-event-at-asian-gamesASHGABAT, Turkmenistan: October 03, 2017. President of Turkmenistan Gurbanguly Berdimuhamedov brought the 5th Asian Indoor and Martial Arts Games in...
Written on 28/09/2017, 19:43
jd-com-to-deploy-one-million-dronesBEIJING: September 25, 2017. JD X, the innovation lab for e-commerce company JD.com, has partnered with U.S. gaming technology company NVIDIA to add AI to...
Written on 28/09/2017, 18:29
port-of-rotterdam-to-develop-blockchain-solutionsROTTERDAM: September 25, 2017. The Port of Rotterdam Authority and the Rotterdam Municipality have launched 'BlockLab' to develop applications and...
Written on 27/09/2017, 15:48
alibaba-to-invest-us-16-billion-in-logisticsHANGZHOU: September 26, 2017. The Alibaba Group is spending US$807 million to raise its stake in affiliate Cainiao Smart Logistics Network from 47...
Written on 26/09/2017, 19:30
technology-tops-most-valuable-brand-listNEW YORK: September 25, 2017. Apple, Google and Microsoft are the world's three most valuable brands according to Interbrand's latest ranking of 100 best...
Written on 26/09/2017, 17:55
unilever-remains-top-of-european-supply-chainsSTAMFORD, CT: September 25, 2017. Gartner's latest European Supply Chain Top 15 ranks Unilever No.1 for the second year running with Inditex taking second...
Written on 22/09/2017, 18:52
air-and-sea-aid-response-to-irma-and-mariaTORTOLA: September 22, 2017. With Hurricane Maria causing structural damage and power outages as it passes the Turks & Caicos islands, Royal Navy...
Written on 22/09/2017, 14:44
turkish-airlines-to-order-40-dreamlinersNEW YORK: September 21, 2017. Boeing and the Turkish government plan to develop Turkey's aerospace industry with the launch of a National Aerospace...
Written on 21/09/2017, 21:28
fedex-q1-results-hit-by-tnt-cyberattackMEMPHIS/MIAMI: September 20, 2017. FedEx Corporation has reported adjusted first quarter (Q1) revenue of US$15.3 billion, up from US$14.7 billion...
Written on 21/09/2017, 19:28
colorado-to-consider-hyperloop-one-link-with-wyomingLOS ANGELES, September 21, 2017. Hyperloop One is partnering with the Colorado Department of Transportation (CDoT) to determine the feasibility of...
Written on 21/09/2017, 18:15
rail-freight-up-19-percent-between-russia-and-chinaMOSCOW: September 20, 2017. Russian Railways' president Oleg Belozerov has reported a 6.9 percent increase in rail freight revenue year-on-year for the...

- powered by Quickchilli.com -