Today, I join the world in celebrating the 50th anniversary of the diplomatic ties between the State of Qatar and the Republic of France. This harmonious relation, brought by a common vision and interest, is one that has inspired cooperation and association between people and institutions. It is in this spirit of togetherness and striving for the greater good that companies like Ali Bin Ali Holding ventured to trade with French brands and provide unique products and services for the people of Qatar and its residents.
We have come to view France as a valued partner, who shares our passion for progress. Our tremendous growth is a testament of the good trade relations with French brands and products that dates back to the 1970s. Through steady progress, I am pleased to note that our holding is currently one of the largest and top retail and distribution companies in Qatar and the Middle East region that has significantly invested in French luxury, gourmet, fashion, medical, sports, and fast-moving consumer goods (FMCG) such as Cartier, Van Cleef & Arpels, Galeries Lafayette, Monoprix, among others.
As a major area of cooperation in economic diversification and achieving a prosperous and sustainable Vision2030, both countries are further investing in each other, especially in renewable energy and progressive eco-friendly technological innovations. At Ali Bin Ali Holding, we seek to explore these new avenues of collaboration.
The 50 years of bilateral relations comes at a momentous period when Qatar is hosting the FIFA World Cup 2022. I am confident that this coincidental event will cement the association further.
As both countries forge ahead to a prosperous future, I am hopeful that this strategic partnership will mend an even stronger bond for its people. At Ali Bin Ali Holding, we are determined to continue developing our trade relations and investments to the full potential and build on existing networks; thereby reaching our goal of being the ultimate partner of choice for our customers.
Adel Ali Bin Ali,
Chairman and President,
Ali Bin Ali Holding.