Qatar attends Bloomberg New Economy Forum
The Minister of Commerce and Industry of Qatar, His Excellency Sheikh Faisal bin Thani bin Faisal Al Thani, participated in the Bloomberg New Economy Forum in New Delhi, held from October 13 to 15, 2026. The event was attended by more than 500 leaders from the public and private sectors from various countries, with the Prime Minister of India also present. During the session, the minister outlined the government's role in supporting the growth of the private sector, emphasizing Qatar's economic strength, the regulatory environment, prudent financial policies, infrastructure investments, and efforts to attract investments and boost investor confidence. He noted that Qatar has secured its needs despite the downturn in the oil and gas sector, with strategic food reserves increasing by 40% since the start of the crisis. Additionally, more than 5,000 foreign companies registered within three months, along with significant investment flows into capital markets. The minister highlighted the importance of simplifying business procedures, expanding foreign ownership laws, and developing a conducive working environment, with a focus on opportunities to develop data centers and store data domestically, given Qatar's energy advantage and technological efficiency. He explained that global interconnectedness makes a return to protectionist policies difficult, reaffirming Qatar's commitment to strengthening its international economic relations to attract quality investments and develop the private sector, in line with Qatar’s National Vision 2030 and economic diversification goals.
Notice: This Is an AI-Generated Summary
Comments (0)