GAC signs agreement with Qatar Free Zones Authority
04 Feb 2021 - 8:57
Minister of State and Chairman of QFZA, H E Ahmad bin Mohammed Al Sayed and other officials during the event.
The Peninsula
GAC, one of the largest integrated providers of shipping and logistics services in the region and the world, has signed an agreement with Qatar Free Zones Authority (QFZA) to establish a contract logistics facility and office in the Ras Bufontas Free Zone. The agreement with GAC will play an important role in expanding the logistics offerings for QFZA and Qatar, strengthening supply chains and bolstering Qatar’s position as a global hub for trade.
Published date: 31 January 2021 08:50 UTC | Last update: 1 month 4 weeks ago
Weeks after Gulf leaders signed a “solidarity and stability” statement in Saudi Arabia ending a three-and-a-half-year blockade on Qatar, Bahrain still does not seem to be completely on board.
Alongside Saudi Arabia, the United Arab Emirates (UAE) and Egypt, Bahrain agreed earlier this month at a summit in the Saudi city of al-Ula to restore full diplomatic, trade and travel ties with Qatar.
The four countries had abruptly cut ties with their neighbour in June 2017, accusing it of being too close to Iran and funding radical movements in the region, charges Doha staunchly denied.