Qatar and Malta keen on bolstering

1 Qatar and Malta keen on bolstering commercial tiesQatar and Malta are keen on enhancing bi-lateral relations in the fi eld of trade and investments, as well as in other sectors, ac-cording to a top offi cial of Qatar was the core of the discussions held between Qatar Chamber fi rst vice-chairman Mohamed bin Towar al-Kuwari during a meeting held in Doha yesterday with Malta s Minister for Finance and Employment, Clyde a statement from Qatar Chamber, al-Kuwari said the meeting touched on economic and trade ties between both countries and ways to enhance them.

2 It also discussed how to promote cooperation be-tween Qatari and Maltese companies and the invest-ment opportunities available on both stressed the importance of promoting co-operation relations with Malta in the econom-ic and commercial fi elds, saying that despite the strong relations between Qatar and Malta , trade exchange is still below the level of ambitions. In 2020, al-Kuwari said Qatar - Malta trade ex-change stood at about QR113mn. He emphasised the importance of exchanging visits between the business sectors of the two countries and learning about the investment climate and opportunities available in both went on to point out that Qatar Chamber is encouraging Qatari businessmen to ex-plore the investment climate in Malta and establish investment projects that would result in the devel-opment of trade exchange between the two his part.

3 Caruana said his country highly welcomes Qatari investments, and stressed that there are multiple opportunities in many sectors from which Qatari companies could benefi t , December 21, 2021 Jumada I 17, 1443 AHBUSINESSGULFTIMESGT EXCLUSIVE : Page 85G mmWave readies a world-class fan experience for 2022: Vodafone Qatar COOA sian markets tumble on Omicron spike and Biden spend bill blowGLUM MOOD | Page 7HE the Minister of Finance Ali bin Ahmed al-Kuwari met yesterday with Minister for Finance and Employment of the Republic of Malta Clyde Caruana and Minister for Foreign and European Aff airs Evarist Bartolo during their visit to Qatar .

4 During the meeting, which was held at the headquarters of the Ministry of Finance, the off icials discussed aspects of joint co-operation between Qatar and Malta , and the most important financial, investment, and economic developments and ways to enhance meets Malta s ministers of finance, and foreign affairsHE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani met with Evarist Bartolo, Minister of Foreign and European Aff airs, and Clyde Caruana, Minister of Finance and Employment of the Republic of Malta , and their accompanying delegation during a visit to Qatar yesterday.

5 During the meeting, the off icials touched on bilateral relations between the two countries in the commercial, industrial, and investment fields, as well as ways to enhance and develop them. The off icials also discussed aspects of co-operation between the two sides. HE Sheikh Mohamed highlighted the economic policies Qatar had put in place to support the private sector, including the incentives, legislation, and investment opportunities made available in Mohamed meets ministers of finance, foreign affairs of MaltaNakilat ESG report showcases its continuous commitment to global sustainable growthNakilat announced yesterday the publica-tion of its inaugural Environmental, So-cial, and Governance (ESG) Report 2020.

6 The report presents a snapshot of the company s ESG progress for the entire year and takes a detailed look at impor-tant areas, such as health and safety, climate change, and human capital man-agement, including diversity, equity, and inclusion, as well as governance prac-tices. In addition, the report highlights the company s continuous commitment and vision to enable sustainable growth in communities around the publication of this report is the culmination of a concerted eff ort by the company over the past two years to establish a world-class reporting system that accurately reflects environmental, social, and corporate governance in the company, as well as the commitment to full transparency towards all stakehold-ers.

7 Nakilat developed a detailed roadmap and formed an executive committee with its senior management overseeing and managing the implementation of the company s ESG report publishing strategy. The management spared no ef-fort in allocating resources and providing the required support for the preparation of the report, including periodic review of activities, initiatives, and information related to the reporting methodology, the company important environmental data on gas emissions during the company s fleet operations, Nakilat s ESG report demonstrates to all stakeholders the company s commitment and active involvement in finding solutions to reduce carbon emissions in the transport industry.

8 In line with the directions of the International Maritime Organisation (IMO). Along with the expansion of Nakilat s sub-sidiaries and joint ventures (shipping and non-shipping), the company has success-fully managed to implement a unified environmental approach within its group of companies and urges its partners to work together to create a sustainable CEO engineer Abdullah al-Sulaiti said: Having one of the largest LNG shipping fleets, Nakilat is purpose-driven to ensure that we operate in a sustain-able manner while fulfilling our role as a global transporter of clean energy and employer of choice.

9 Over our 15 years of operations, we have maintained an excellent safety track record and heavily invested in equipping our fleet with technology to reduce our environmental footprint. We have created a secure and fair working environment, promoting di-versity and professional development for both our shore employees and seafarers. Al-Sulaiti added: Our ESG strategy has been meticulously developed in alignment with the goals espoused by Qatar National Vision 2030 and the UN Sustainable Development Goals (UNSDG).

10 The launching of our 2020 ESG Report is an essential step in complement-ing the company s eff orts in operating transparently and responsibly. The report highlights the various ways in which we are enabling sustainable growth across our operations to positively impact our people, the community, and environment while creating value for our stakeholders and shareholders. Nakilat s 2020 ESG Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option and is aligned with the UN Global Compact (UNGC) framework and other external frameworks and standards, including the Sustainability Accounting Standards Board (SASB) and Poseidon Principles.