Qatar PR Network, Online Press Release from qatar and Doha city
 
Business, Banking, Investment, Insurance(Banking & Investments)
Filter PR by
  
Driving Qatar's economic diversification through investment
 
Driving Qatar's economic diversification through investment

Sheikh Ali Alwaleed Al-Thani highlights the strategies crucial for attracting foreign investment in an exclusive interview with Oxford Business Group

 

Doha, February 2024: Oxford Business Group (OBG) explores Qatar's strategies for economic diversification in its latest interview with Sheikh Ali Alwaleed Al-Thani, CEO of Investment Promotion Agency Qatar (Invest Qatar). The interview, titled “Sustained Momentum,” explores Qatar's proactive approach in leveraging cooperation and competitive advantages to attract foreign investment.

 

In the interview, Sheikh Ali Alwaleed Al-Thani sheds light on key initiatives driving Qatar's transition to a diversified, knowledge-based economy.

 

Significant investments in transport infrastructure projects, such as Hamad International Airport, Hamad Port and Doha Metro, form a crucial part of Qatar's strategy. The emphasis on human capital development through initiatives like Education City and strategic partnerships with international universities highlights the nation's commitment to nurturing talent. Additionally, regulatory reforms, including the liberalisation of foreign ownership laws and progressive visa policies, contribute to making Qatar an attractive destination for skilled professionals.

 

Public-Private Partnerships (PPPs) are identified as a cornerstone of Qatar's economic diversification efforts, fostering a business ecosystem that prioritises productivity, competitiveness and private sector-led growth. The May 2020 PPP law is underscored as a significant milestone, providing investors with confidence and predictability. Diverse sectors, including education, health care, real estate, tourism and energy, present promising opportunities for collaboration.

 

Collaborations with global tech giants, such as Microsoft and Google, showcase the country's favourable investment climate and growth potential. Ongoing partnerships to develop innovation centres reinforce Qatar's dedication to advancing key sectors like energy, health care and transport.

 

The successful organisation of the 2022 FIFA World Cup has elevated Qatar's profile for businesses and investors. Sheikh Ali notes that this event has bolstered efforts to present the country as a centre for finance, high-tech manufacturing, sport and culture, enhancing its appeal to international investors. Looking ahead, significant FDI opportunities are anticipated in emerging sectors like agriculture technology, sport technology, smart logistics, cybersecurity and clean technology.

 

Sheikh Ali highlighted that Qatar’s commitment extends to significant investments in its physical and digital infrastructure, positioning the country as a prominent tech centre in the Middle East.

 

“Qatar has forged a business-friendly environment marked by 100% foreign ownership and favourable regulations, reflecting our commitment to fostering a dynamic atmosphere for global investors. PPPs stand as a cornerstone in our economic diversification, cultivating a vibrant business ecosystem that prioritises productivity, competitiveness, and private sector-led growth,” he added.

 

The full interview will be featured in the upcoming publication, The Report: Qatar 2024, showcasing Qatar's economic and strategic developments.

Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 15884 times
PR Category : Banking & Investments
Posted on : Tuesday, February 20, 2024  8:35:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of QatarPRNetwork.com.
Previous Story : WING's Spring Conference in Doha celebrates collaboration a...
Next Story : QIC Group reports Net Profits of QAR 615 million for the yea...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Watches & Wonders 2024 Unico: Hublot's Manufacture Calibre [31997-Views]
Bremont introduces a new generation of its Supermarine diving watch series [26352-Views]
Hysek reveals iconic timepieces at Watches & Wonders 2024 [25767-Views]
Slay the sun-kissed girl makeup look: Your Ultimate Guide [24940-Views]
Catrice Cosmetics Introduces the Clean Girl Makeup Look with New Essentials! [24805-Views]
Khabib's Official Training Gloves Will Be Sold at Tooba Charity Auction in Dubai [19454-Views]
Ogilvy Appoints Antonis Kocheilas Global Chief Transformation Officer [18515-Views]
Ground Handling Priorities: Safety, Global Standards and Sustainability [12356-Views]
Packed crowds flock to Friday's races at the AlUla Camel Cup 2024 [11138-Views]
Make your Vishukkani last forever Tanishq Launches Exclusive Vishu Collection [9170-Views]
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [6115-Views]
Unleash Your Inner Royalty with “Call me Queen” Dramatic False Lash Effect Mascara by essence [6087-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Related Hunger [5277-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [5026-Views]
Mansour bin Mohammed congratulates Hamdan bin Mohammed on the Qatar-UAE Super Shield crown [4232-Views]
Visit Qatar to take centre stage at Arabian Travel Market [4052-Views]
Elevate Eid Celebrations with Coya's Culinary Extravaganza [3667-Views]
Qatar Airways to Participate in ATM Dubai 2024 with the World's First AI Digital Human Cabin Crew, S... [3608-Views]
WCM-Q students publish comprehensive research into microbiome-based diabetes therapies [3586-Views]
Ooredoo Group Highlights Impactful Ramadan Initiatives Across Operations [3492-Views]
 
RSS Facebook Twitter LinkedDin QatarPRNetwork.com on Instagram
 
Top Sections
 
Top Stories