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Qatar joins OIC committee
Qatar participated in the 42nd session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC), held in Istanbul from October 31 to November 3, 2026. The Qatari delegation was led by Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al Thani. The meetings focused on strengthening trade and investment among member states, developing trade finance and export credit guarantees—particularly to support small and medium-sized enterprises—as well as implementing the COMCEC Strategy and activating the Trade Preferential System. The *OIC Economic Outlook 2026* report projected that the member states’ combined GDP would rise from $10.79 trillion in 2026 to $11.27 trillion in 2027.
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