• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Uganda to open investment office in Doha

Watchdog Uganda by Watchdog Uganda
8 years ago
in Business, News, World News
1 0

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 70

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 73
ShareTweetSendShare

By Watchdog reporter

President Yoweri Museveni has said that Uganda plans to open an investment office in Doha, Quatar to facilitate prospective investors with information on trade and investment opportunities and promote tourism in Uganda

The President was yesterday addressing a delegation of 60 members of the Quatar Chamber and Quatar Business association at the Sheraton Grand Hotel in Doha, Quatar. The President accompanied by the First Lady and Minister of Education and Sports Janet Museveni is in Doha on a 3-day State visit.

“Uganda will open an investment office in Doha. It will also work on the promotion of tourism. It will be part of Uganda’s Embassy in Quatar. There is free entry and exit of investors in our country. Let the Islamic Bank come to Uganda and save investors from the challenge of high interest rates,” he said.

He expressed his pleasure for having his first visit to Quatar and noted that he also went to Saudi Arabia for the first time, Dubai and Abu Dhabi.

President Museveni observed that the Arab region was close to Africa, adding that not much trade was going on between the African continent and the Arab peninsula. He told the business community that the more the business we conduct, the more we shall prosper. He observed that there was need for the Arab region and Africa to work together, adding that Africa was a huge market that is growing.

He reminded them that the African continent has a population of 1.25 billion people adding that it was expected to increase to 2.5 billion in the next 5 years.

He said that by investing in Uganda, which has got a population of 40 million people, they do not only sell to us but to the East African region that is endowed with a population of 170 million people while the Common Market for Eastern and Southern Africa has got over 500 million people.

The President said Uganda has got trade agreements with the USA for zero tax rates for a total of 6,000 products, with the European Union for all products except arms and another agreement with China for 440 products.

“When you invest in Uganda you will sell up to the global level. We do not want Quatar to grow items but to process them. The areas where we need support and investment are the minerals development. We do not believe in exporting unprocessed minerals. You can invest in another iron ore processing industry since the one operated by the Chinese today produces 300,000 tons of steel per annum,” he said.

Museveni urged the Quatar community to work with Uganda to process the hematite steel that can be used for building infrastructure that includes dams in Uganda. He also encouraged them to engage in agro processing.

Uganda’s Ambassador to Quatar H.H. Dr. Rashid Yahya Ssemuddu saluted President Museveni for sparing time to meet the Chamber. He revealed that there were so many opportunities that could be worked on between the Government of Uganda and that of Quatar. He expressed his optimism that Uganda would become a gateway for Quatar investments and that the other countries in the region stand to benefit from the work between Uganda and Quatar.

The members of the Chamber pledged to organize a visit to Uganda.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
ShareTweetSendShare

Related Posts

News

President Museveni to officiate at St. Gonzaga Gonza Day celebrations 

1st July 2025 at 11:17
News

UVTAB and Presidential Industrial hub officials meet to ensure competence of skilling project beneficiaries 

1st July 2025 at 11:04
Business

URA Cracks Down on Professional Enablers Fueling Tax Fraud in Uganda

1st July 2025 at 10:33
Next Post

IMF’s Lagarde promises to fund foundation that made 'Queen of Katwe' Mutesi chess champion

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1099 shares
    Share 440 Tweet 275
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2282 shares
    Share 913 Tweet 571
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    39 shares
    Share 16 Tweet 10
  • Pastor Bugingo Seeks Reconciliation with Teddy and Children, Prays for Makula’s Twins

    18 shares
    Share 7 Tweet 5
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    111 shares
    Share 44 Tweet 28
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

President Museveni to officiate at St. Gonzaga Gonza Day celebrations 

1st July 2025 at 11:17
Bwanika Joseph

BWANIKA JOSEPH: When Education Bows to Power, Dr. Tanga Odoi, General Moses Ali, and the Crisis of Intellectual Leadership in Uganda

1st July 2025 at 11:15

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

President Museveni to officiate at St. Gonzaga Gonza Day celebrations 

1st July 2025 at 11:17
Bwanika Joseph

BWANIKA JOSEPH: When Education Bows to Power, Dr. Tanga Odoi, General Moses Ali, and the Crisis of Intellectual Leadership in Uganda

1st July 2025 at 11:15

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda