USQBC Hosts Private Business Reception with Finance Minister and QCB Governor



The US-Qatar Business Council (USQBC) recently hosted a private rooftop dinner at its office building in Washington, DC, with HE Finance Minister Ali bin Ahmed al-Kuwari and HE Sheikh Bandar bin Mohamed bin Saud al – Thani, Governor of the Central Bank of Qatar.
The event brought together government and private sector representatives from the United States and Qatar, USQBC members, and the broader business community. The event was sponsored by LuLu Group International/Y International USA at the Platinum level and IBM at the Gold level.
HE al-Kuwari and HE Sheikh Bandar delivered remarks at the event, including USQBC President Scott Taylor; and Mohamed Barakat, USQBC Director General and Board Treasurer.
Al-Kuwari said, “The State of Qatar is proud of the incredible partnership with the United States that has been forged over the past 50 years. Our bilateral relationship has grown exponentially during this time and we will continue to seek ways to strengthen our strong partnership, particularly in the area of ​​investment and trade.
Taylor said, “Qatar and the United States are more than just allies, we are strategic partners, and this strong partnership has a direct impact on the American people. Whether it’s cooperating on defensive security, collaborating on energy projects, or calling for peaceful diplomatic solutions; both countries are committed to a prosperous and secure future.
Barakat said, “The United States-Qatar Business Council is committed to expanding and strengthening the already strong relationship between the United States and Qatar. Through our market advisory services, companies looking to expand their business in Qatar will be well equipped with the knowledge and access they need to establish their footprint in one of the world’s most popular investment destinations. attractive.
The year 2022 marks the 50th anniversary of the establishment of diplomatic relations between the United States and the State of Qatar. This milestone marks the longevity and strength of bilateral relations between the two countries.
The United States and Qatar have established a solid foundation for distinguished regional and international political relations, in addition to deep trade, security, and cultural partnerships.
In recognition of this privileged partnership, following the January 31 visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to the White House, President Joe Biden designated Qatar as a “major non-NATO ally”. ” the United States.
Dr. Mohamed Althaf, Director of LuLu Group International, said, “LuLu Group International/Y International USA is proud to be a Platinum level sponsor of this event. We are committed to the growth and expansion of the U.S.-Qatar relationship and look forward to our continued contributions to Qatar’s food security and economic growth.
LuLu Hypermarket is the leading retailer in Qatar with 17 outlets and continues to grow statewide. LuLu’s established its presence in the United States in November 2016 with a state-of-the-art export distribution center named Y International USA Inc located in Lyndhurst, New Jersey.
LuLu Hypermarkets and Y International USA have been major sources of support for Qatar through all the logistical challenges and crises of the recent past, ensuring food security, price control and uninterrupted supply.
Jonathan Adashek, Director of Communications and Senior Vice President, Marketing and Communications, IBM said, “In line with Qatar’s 2030 national vision of transitioning to a competitive knowledge-based economy, IBM has worked closely with its customers and partners in Qatar to capitalize on insights from their data, streamline business processes, reduce costs and gain competitive advantage in their industries. Developing and nurturing local talent are also key pillars of IBM’s strategy in Qatar.

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