In Doha, H E Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry and Acting Minister of Finance, emphasized Qatar’s pursuit to solidify its stature as a key economic influencer in the region. The Qatar Economic Forum, in collaboration with Bloomberg, commenced today through virtual channels, serving as a platform to showcase Qatar’s strides towards becoming a premier investment destination, particularly in sectors aligned with Qatar National Vision 2030 and the National Development Strategy 2018-2022.
In an interview with Qatar News Agency, Minister Al Kuwari highlighted the forum’s agenda, which encompasses discussions on various economic policies aimed at charting future economic plans, ensuring stability, and navigating challenges amidst global uncertainties, including the recent pandemic and fluctuations in oil and gas prices.
“We have introduced many reforms, just looking at the way we do business. The Council of Ministers recently permitted 100% foreign ownership of all listed companies, and some companies have already announced that they will move in that direction.
We are moving forward with these reforms and making sure that the business environment is very attractive in terms of diversification. At the same time, we are identifying what sectors Qatar will be focusing on, as we move towards the National Vision 2030.”
His Excellency Mr Ali bin Ahmed Al Kuwari
Minister of Commerce and Industry and Acting Minister of Finance
Qatar’s business environment
Qatar Economic Forum and Business Opportunities
The forum aims to spotlight Qatar’s business environment and investment opportunities while reviewing progress on major development projects, notably those associated with hosting the 2022 FIFA World Cup. Furthermore, it underscores Qatar’s commitment to multilateral trade, economic openness, and collaboration with global trading partners.
Qatar Economic Forum Highlights
With an extensive lineup of over 100 speakers, including heads of state, CEOs, and influencers across various industries, the forum explores pivotal themes across six pillars over three days. These pillars delve into technology advancements, sustainability, investing strategies, power dynamics, evolving consumer behaviors, and fostering inclusivity in a post-pandemic society.
- Global Participation: The Qatar Economic Forum attracts over 100 speakers, including heads of state, CEOs, and influential voices from diverse industries worldwide.
- Thematic Pillars: Organized around six thematic pillars, spanning technology advancements, sustainability, investing strategies, power dynamics, evolving consumer behaviors, and fostering inclusivity in a post-pandemic society.
- Investment Opportunities: The forum showcases Qatar’s business environment and investment prospects, with a spotlight on major development projects, including those associated with hosting the 2022 FIFA World Cup.
- Multilateral Trade Commitment: Emphasizes Qatar’s commitment to the multilateral trading system, economic openness, and strengthening cooperation with global trading partners.
Minister Al Kuwari envisions the Qatar Economic Forum as an annual international platform for global economic discourse and comprehensive development discussions. Doha’s strategic position as a nexus between Asia and Africa offers a conducive environment for fostering cooperation and driving economic recovery efforts, underscoring Qatar’s pivotal role in global affairs.
Notably, the forum extends its purview beyond affluent nations, addressing development issues in regions like the Middle East and North Africa. It seeks to enhance sustainable development plans, support economic recovery post-COVID-19, and uplift poorer nations, recognizing the need for robust international cooperation in overcoming global challenges.
In conclusion, the Qatar Economic Forum stands as a testament to Qatar’s commitment to innovation, collaboration, and sustainable growth. By providing a platform for dialogue and action, it aims to reshape the global economic landscape, fostering prosperity for all nations and future generations.