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G7: A Catalyst for Global Economic Stability Amid Middle East and ...
The Group of Seven (G7) nations is positioning itself as the ideal platform to discuss strategies to end the conflict in Iran and the associated blockade of the Strait of Hormuz. These issues pose substantial threats to the global economy, stated German Finance Minister Lars Klingbeil on Monday.Klingbeil is traveling to Paris for a G7 meeting of finance ministers and central bankers. Emphasizing a European perspective, he stresses the importance of cooperation over confrontation, valuing partnerships, openness in trade, and the reinforcement of the rule of law.Highlighting past crises, Klingbeil noted the necessity for Germany and Europe to enhance independence and resilience, especially in areas like raw materials, energy, and supply chain stability. Talks in Paris will also extend to finance ministers from nations like Brazil, India, South Korea, and Kenya to foster broader international alliances. (With inputs from agencies.)
German-Qatari partnership remains resilient amid global uncertainty ...
Dr Martin Henkelmann, Regional CEO, German Chambers of Commerce (Qatar, UAE, Kuwait, Oman, Pakistan). German businesses continue to view Qatar as a trusted partner, with bilateral trade ties and energy co-operation holding firm despite geopolitical turbulence.Dr Martin Henkelmann, Regional CEO of the German Chambers of Commerce (AHK) covering Qatar, the UAE, Kuwait, Oman and Pakistan, said the presence of German companies in Qatar remains stable, underpinned by more than two decades of institutional commitment through the German Industry and Commerce Office in Doha.In an exclusive interview with Gulf Times, Dr Henkelmann emphasised that German firms value reliability and trust, qualities that have characterised their long standing relationship with Qatar.This foundation, he noted, continues to guide investment decisions and reinforces confidence in the country’s business environment.The long term energy partnership between Germany and Qatar, formalised in 2022, remains a cornerstone of bilateral cooperation, said Dr Henkelmann, noting that the agreement reflects a mutual commitment to technical exchange and know how transfer, with dialogue platforms being expanded to strengthen coordination between stakeholders on both sides.German engineering and construction firms also remain engaged in Qatar’s infrastructure pipeline, supported by the country’s clear development path under the Qatar National Vision 2030, he emphasised. DrHenkelmann said opportunities in technology, healthcare and infrastructure continue to attract German expertise, with companies taking a long term view rather than being swayed by short term geopolitical volatility.He pointed out that German businesses are increasingly shifting from project based cooperation toward knowledge and innovation driven partnerships. “The next step is therefore not only exporting products, but increasingly contributing through local partnerships, research and development co-operation, training initiatives, and long term technology transfer,” Dr Henkelmann explained.Dr Henkelmann also highlighted the role of the German Chamber, working closely with Team Germany, including the Embassy of Germany in Doha and the German Business Council Qatar, to actively support companies.“We are facilitating direct exchange between businesses, logistics providers, authorities, and other stakeholders to improve coordination and share reliable market information in real time,” he said.In addition, the chamber provides market inte...
German Economy Ministry sees slower growth ahead - Yahoo Finance
The German government is expecting a clear economic slowdown in the second quarter after a stronger-than-expected start to the year, the Economy Ministry said in its May report. The signs of a ...
The Africa Forward Summit advanced a vision that GCF shares
At the Summit's plenary session on 'An international financial architecture in support of Africa's development', our Executive Director emphasised GCF's unique ...
