Plans are underway to host other mega-events in the country as Qatar is maximising its exposure in the global limelight following its successful hosting of the 2022 FIFA World Cup, according to top officials of Qatar Chamber.
“Qatar would be focusing on the upcoming period to capitalise on its unprecedented achievements, particularly the hosting of the 2022 FIFA World Cup, to develop its business environment, improve the investment climate, and promote business activities,” Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani pointed out.
On the other hand, Qatar Chamber general manager Saleh bin Hamad al-Sharqi, who lauded the latest edition of Qatar Economic Forum, Powered by Bloomberg (QEF 2023), said: “There is no doubt that the mega events hosted by the State of Qatar are meant to achieve a host of objectives, such as imparting further momentum to the position and reputation of Qatar and its national economy, and promoting it as a leading business and investment hub.”
Both officials’ statements were quoted in the latest edition of Al Moltaqa, the chamber’s regular economic magazine, which compiles its various activities and engagements, as well as reports on trade and investment. Citing QEF 2023, Sheikh Khalifa said the forum was instrumental in underlining Qatar’s position as a leading global business hub, as well as the country’s advanced infrastructure and legislation.
Sheikh Khalifa said the event was an opportunity to promote the Qatari economy globally by highlighting the incentives being offered to foreign investors. He said Qatar’s world-class facilities not only attract more investments and business to the country, but it also increases investor confidence in the Qatari economy, which stimulates and accelerates economic growth.
Al-Sharqi said QEF 2023 was “one of the most prominent events,” which was held recently under the high patronage of His Highness the Amir Sheikh Tamim bin Hamad al-Thani, and gathered about 2,000 participants and 32 official delegations worldwide.
“This year’s edition of the forum, held with the theme ‘A New Global Growth Story’, highlighted the latest trends in finance, energy, healthcare, and technology, as well as their role in driving future growth.
“The forum fostered the exchanging of ideas and viewpoints between experts and emerging voices worldwide to identify the latest economic trends. This global event is part of a series of events hosted recently by the state, the most prominent of which was the 2022 FIFA World Cup, which is the best version organised in the history of the tournament to date.”
Al-Sharqi added: “The forum will certainly have positive impacts on the national economy in terms of its contribution to enhancing Qatar’s reputation as a leading business and economic hub and highlighting what is being offered by the state, such as world-class infrastructure, leading economic legislation, and a stimulating business environment.
“Such events certainly have benefited the Qatari private sector as they offered an opportunity for local companies to exchange expertise, knowledge, and technology with participating companies thereby opening new horizons for more alliances and partnerships for the good of the national economy.”
In the wake of “the best World Cup ever,” Qatar has hosted a series of events that attracted the participation of local and international companies, as well as diplomatic missions worldwide.
Some of these events include the Doha Jewellery and Watches Exhibition (DJWE), the Katara International Arabian Horse Festival (KIAHF 2023), Project Qatar, and QEF 2023, among others, a host of international and regional sports events, as well as the upcoming 2023 World Horticultural Exposition (Doha Expo 2023).