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The Qatar Chamber reported that its first vice chairman Mohamed bin Ahmed bin Twar Al Kuwari met Miguel Frasquilho vice president of the Arab Portuguese Chamber of Commerce and Industry and chairman of the advisory board of the L’or Investment Group. Discussions centred on existing trade relations between Qatar and Portugal together with steps to reinforce them through enhanced company cooperation in sectors of mutual benefit. The chamber statement noted that particular attention fell on hospitality fintech retail and related fields where joint initiatives could advance shared objectives. Bin Twar used the occasion to praise the strength of bilateral relations while pointing to Qatari investor interest in Portuguese opportunities.
Bin Twar observed that Qatari investors seek to pursue prospects in Portugal and to build cooperation with Portuguese partners via joint ventures according to the Qatar Chamber. He confirmed that the Qatari market welcomes foreign investment in a wide range of sectors and emphasised the value of harnessing Portuguese technology and expertise in partnership with Qatari firms to launch new ventures. Frasquilho for his part conveyed Portuguese investor readiness to examine opportunities inside Qatar the chamber added. He singled out technology financial technology retail and additional service sectors as areas of focus.
The two sides examined the feasibility of launching a joint Qatar-Portugal Business Council that would gather business representatives from each country the Qatar Chamber stated. Such a body would work to solidify trade and investment connections expand private-sector engagement and uncover pathways for partnerships and collaborative projects. The meeting formed part of ongoing efforts to elevate economic ties the chamber indicated. Earlier records from the Qatar Chamber document a series of similar engagements over recent years.
Qatar Chamber data places the volume of trade between the two countries at approximately QR 418 million in 2024. That total reflected growth of more than 7 percent from the QR 391 million recorded in 2023 according to chamber assessments. The July 2026 memorandum of understanding signed with the Portuguese Industrial Association provides an additional framework for continued collaboration the chamber noted. That agreement targets business development investment promotion and the facilitation of branch openings in both directions.
The July memorandum also promotes market research knowledge transfer and the exchange of trade delegations between Qatari and Portuguese companies chamber documentation shows. It was concluded virtually by Ali Bu Sherbak Al Mansori then acting general manager of the Qatar Chamber and Filomena Pina Perez director of the Portuguese Industrial Association. Officials from both organisations expressed confidence that the pact would improve information flows organise business encounters and identify investment openings. The latest meeting on October 12 aligns with that longer-term cooperation track.
Representatives of the Arab Portuguese Chamber of Commerce and Industry have participated in multiple prior sessions with the Qatar Chamber on investment climate reviews and joint-venture encouragement the chamber has reported. These exchanges have addressed opportunities in industry construction agriculture transport and communications among other domains. Portuguese counterparts have on several occasions invited Qatari business delegations to visit and assess prospects directly. The Qatar Chamber has reciprocated by affirming its support for expanded private-sector partnerships with Portuguese entities.
