Qatar eager to grow business ties with Greece

Qatar is planning an economic and diplomatic overture to Greece as part of its new extrovert policy following its economic isolation by other states in the Gulf region.

This strategy has emerged after state oil company Qatar Petroleum entered into a consortium with ExxonMobil for the surveying, development and utilization of hydrocarbon reserves off Cyprus, while also examining the prospects of similar cooperations concerning Greek reserves and distribution channels.

Doha is also preparing to launch an international invitation for expressions of interest in infrastructure and housing construction projects budgeted at more than 10 billion euros in its new state investment program related to its hosting of the 2022 FIFA World Cup.

Seeking new sources of support, the Qataris appear ready to examine investments in Greece and grant contracts to Greek firms wishing to...

Continue reading on: