Reliance Group to explore Qatar

8/31/2015 8:55:46 AM

(MENAFN- The Peninsula)The Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani meeting Anil Dhirubhai Ambani Chairman of Reliance Group yesterday in Doha.

DOHA: Anil Dhirubhai Ambani Chairman of India’s Reliance Group accompanied by a team of senior executives met with Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani yesterday.

The Indian corporate captain and the team also held discussions with H E Ali Shareef Al Emadi Minister of Finance; H E Sheikh Abdullah bin Mohammed bin Saud Al Thani CEO of Qatar Investment Authority (QIA)

H E Sheikh Abdullah bin Saoud Al Thani Governor of Qatar Central Bank and Saad Sherida Al Kaabi President & CEO Qatar Petroleum (QP).

Ambani also met with a number of top Qatari businessmen and investors at an interaction hosted by Dr R Seetharaman Group CEO Doha Bank and his team at which Akbar Al Baker Group CEO Qatar Airways was the Guest of Honour.

India’s ambassador to Qatar Sanjiv Arora participated Ambani’s meetings with Qatari dignitaries as well as his interaction with businessmen.

At his meetings Ambani highlighted the operations of Reliance Group in diverse sectors and discussed possible areas of interest for expanding business cooperation with Qatar to the mutual benefit of both sides.

The Prime Minister and Interior Minister and other dignitaries and Qatari businessmen deeply appreciated the distinctive strengths and achievements of various companies of the Reliance Group. They emphasised that there was a vast potential to further expand business collaborations between India and Qatar in mutually identified sectors and welcomed Reliance Group’s keenness to contribute more significantly to this process Indian embassy said in a press note.

Ambani conveyed his sincere thanks for the warm welcome and the cordial and productive discussions at his meetings.

Reliance Group including Reliance Communications Reliance Capital Reliance Infrastructure and Reliance Power is amongst India’s top five business houses and has the world’s largest shareholder/investor base of over 13 million. Reliance Group has assets in excess of $43bn; annual revenues of the order of $9bn; Net Worth of over $$16bn; and over 100000 employees.

Ambani’s visit underlines Reliance Group’s keen interest to play a larger role in the growing economic partnership between India and Qatar.

The Peninsula

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