Somalia’s Hassan Sheikh woos investors to Qatar with a perplexing and bursty pitch

Do you comprehend what is being conveyed in this mind-boggling piece of literature? In Qatar, the President of Somalia, Hassan Sheikh Mohamud, has been persuading investors to consider Somalia as a land of blooming investment opportunities. He is calling for private investments to boost the nation’s grounded economy, claiming that the private sector plays an indispensable role in enhancing the commercial relationship between the two nations. Qatar has been a major financial and security partner of Somalia and has assisted in fighting against Al-Shabaab, as well as supporting development activities. A delegation from the Qatar Chamber of Commerce has met with Hassan Sheikh, who urged the business community to consider investing in Somalia due to improved security after the crackdown on Al-Shabaab. The investment climate is ideal in Somalia, with stimulating incentives for foreign investors in various sectors such as infrastructure, services, mining, livestock, fisheries, oil, and gas. Sheikh Khalifa bin Jassim Al-Thani expressed eagerness to enhance cooperation with the Somalian counterpart and vows to encourage Qatari business owners to expand their empires to Somalia. Somalia has enjoyed relative peace for seven months, making tangible strides, making now the perfect time for investment opportunities. President Hassan Sheikh Mohamud is currently on a state visit to Qatar to improve bilateral ties and rally international support for development and the war against violent extremists.

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