Washington, DC – On October 23, 2024, the US-Qatar Business Council (USQBC) hosted an exclusive business reception at the St. Regis Hotel in Washington, DC. The event featured remarks by Mohammed “Moe” Barakat, USQBC Managing Director and Treasurer of the Board of Directors, and was attended by guests of honor HE Sheikh Bandar bin Mohammed bin Saoud Al-Thani, Governor of the Central Bank of Qatar and Chairman of QIA, HE Ali bin Ahmed Al Kuwari, Minister of Finance of Qatar, HE Sheikh Meshal bin Hamad Al Thani, Ambassador of the State of Qatar to the United States, and former United States Secretary of the Treasury Steven Mnuchin.
The reception brought together senior officials from the US and Qatar, the Qatari delegation to the IMF World Bank meetings, USQBC members, and prominent business leaders and CEOs from the US and Qatari finance and business communities. Discussions emphasized the sustained growth of US-Qatar business relations, with a focus on enhancing trade, investment, and financial cooperation.
“The US-Qatar relationship has grown over the last 50 years, and every year, we’ve seen the numbers grow more and more. This is due to the strong Qatari economy and their ability to ensure the trade balance with the United States is very active and that it continues to grow year after year,” said Mohammed “Moe” Barakat, USQBC Managing Director and Treasurer of the Board of Directors. He reiterated the Council's role in facilitating economic engagement between the two nations.
The event served to reinforce the enduring bilateral business ties between the US and Qatar, strengthening economic relations between the two countries.