Doha, Qatar: The Qatar Financial Centre (QFC), a leading onshore financial and business centre, has signed a Memorandum of Understanding (MoU) with the PHD Chamber of Commerce and Industry (PHDCCI), a leading national apex chamber representing over 150,000 companies across India, to strengthen bilateral trade, investment flows, and business connectivity between the two markets.
The MoU establishes a framework for collaboration aimed at promoting Qatar as a destination for Indian businesses and facilitating greater engagement between companies operating in both ecosystems. It builds on a series of high-level engagements of PHDCCI-led delegations to Qatar, which helped identify opportunities for deeper cooperation.
Under the agreement, both parties will work closely with Invest Qatar and the Qatar Chamber to organise joint initiatives, including a dedicated roadshow in India.
Commenting on the partnership, Mansoor Rashid Al-Khater, Chief Executive Officer, QFC, said, “As a gateway to Qatar’s dynamic market, QFC continues to identify new avenues to facilitate investment inflows and strengthen cross-border trade and cooperation. This MoU with PHDCCI deepens Qatar–India economic ties by providing Indian companies with a clear pathway to establish their regional presence through QFC, which offers a world-class legal, regulatory and tax environment that supports business growth.”
Dr Ranjeet Mehta, Chief Executive Officer & Secretary General, PHDCCI, further elaborated on the MoU;” The signing of the MoU between PHD Chamber of Commerce and Industry and Qatar Financial Centre heralds a new era of collaboration, focused on fostering trade, investment and knowledge exchange. This partnership reflects our commitment to expanding global outreach and supporting businesses in exploring new markets and opportunities. It also underscores our shared vision of fostering sustainable growth and unlocking new opportunities for businesses in both regions.”
