Opening Remarks by HE Prime Minister and Minister of Foreign Affairs, at the Qatar Economic Forum

 

In the name of God, the Most Gracious, the Most Merciful

Your Highness the Amir  – may God protect him,

Your Excellencies,

Ladies and Gentlemen,

Distinguished Guests,

May the peace, mercy, and blessings of God be upon you.

It is my great pleasure to welcome you all to Doha, the capital of the State of Qatar. Doha has grown into a prominent center for international dialogue and active diplomacy, and a global platform where leaders, policymakers, and thinkers come together to exchange ideas and promote cooperation.

 

This year's Qatar Economic Forum takes place amidst major political and economic transformations, underscoring the urgent need for dialogue platforms that bring together decision-makers, entrepreneurs, innovators, and thought leaders to chart future investment opportunities and formulate a collective stance on the challenges we face, most notably international stability and sustainable growth.


Ladies and Gentlemen,

The humanitarian catastrophe unfolding in Gaza remains, despite the tireless efforts of the State of Qatar—working in close coordination with our partners in the sisterly Arab Republic of Egypt and the United States of America—to bring this tragic war to an end, yet unfortunately we continue to witness repeated setbacks to achieving a ceasefire.

 

When the Israeli-American soldier, Idan Alexander, was released, we hoped it would mark a turning point—an opportunity to halt the violence and begin the path toward peace. Instead, that moment was met with an intensified campaign of bombardment, resulting in the deaths of hundreds of innocent civilians.

 

This aggressive and irresponsible behavior continues to undermine every opportunity for peace. Nevertheless, we remain firmly committed to pursuing our diplomatic efforts, alongside our partners, until this war is brought to an end—until all hostages and detainees are released, and the suffering of our brothers and sisters in Gaza is alleviated, and the region is no longer held hostage by constant and imminent threats.

 

Regarding Syria, the recent decision to lift U.S. sanctions on this brotherly nation marks a significant step in the right direction. We hope to see similar measures to follow. This sends a clear and vital message to the region and the world: that our collective priority must be to offer people emerging from conflict a genuine opportunity to rebuild their lives and shape a better future.

Distinguished Guests,

Political stability and economic prosperity are deeply interconnected—neither can be achieved in isolation from the other.

 

From this standpoint, the State of Qatar pursues an active and principled diplomatic approach, grounded in impartial mediation and constructive engagement to help resolve conflicts peacefully, recognizing that lasting peace is the foundation for any sustainable development.

We regard every diplomatic effort we undertake as an investment in a more secure and prosperous future. When a young student in Gaza completes their education, or a Syrian family returns home after years of displacement, we see the tangible and meaningful impact that stability has—not only on individual lives, but on entire economies and societies.

 

Distinguished Guests,

In the State of Qatar, we aspire to build a diversified and prosperous economy —one driven by knowledge, innovation, and aligned with the pace of the global technological revolution, characterized by flexibility and adaptability. We aspire for Qatar to be a beacon of technological advancement and a global center for investment and business, built on trust, and for Qatar to always remain a reliable partner, whether in energy or investment, as well as in diplomacy.

 

In line with this vision, we are actively working to translate our aspirations into reality by diversifying our foreign investments to enhance our strategic balance and contribute to the development of a long-term, sustainable economy. The Qatar Investment Authority continues to play a central role in this effort, pursuing long-term strategic partnerships across the globe. Over the past year, it has made significant investments spanning the United States, Africa, and China.

 

These initiatives reflect our strong confidence in the resilience and potential of global markets—especially emerging markets—and their role in shaping the future.

 

Domestically, Qatar’s economy maintained positive momentum, achieving real GDP growth of 2.4% in 2024, with total output reaching QAR 713 billion.

 

This growth has been driven largely by significant progress in Qatar’s non-oil sectors, which expanded by 3.4% annually—an encouraging sign of steady advancement toward the objectives outlined in our Third National Development Strategy.

 

By the end of 2024, new foreign direct investment (FDI) had reached QAR 9.9 billion, reflecting the growing confidence of international investors in the strength and resilience of the Qatari economy.

 

To sustain this momentum, the State of Qatar continues to enhance its legislative and administrative frameworks, aiming to create a more efficient, transparent, and investor-friendly business environment.

 

In this spirit, we are pleased to announce today the launch of the first package of incentives for all investors, focusing on strategic sectors such as advanced manufacturing, modern technology, and logistics. This initiative marks a significant step forward in fostering growth across key sectors that will serve as the foundation of our national economy’s future.

 

In addition to industrial growth, this year marked the launch of the Simaisma tourism project—one of the largest entertainment developments in the region. This project serves as a major catalyst for the real estate and tourism sectors, and a powerful driver of integrated economic development.

 

In the field of innovation and digital transformation, Qatar has further solidified its position as an emerging technology hub. In February 2025, we hosted the second edition of Web Summit, which brought together over 25,000 participants from 124 countries.

 

The summit successfully fostered meaningful connections between emerging tech ecosystems in Asia and Africa and leading global corporations and sovereign wealth funds—further enhancing Qatar’s role as a digital gateway between regions.

 

Reinforcing this momentum, Qatar recently secured the hosting rights for the Mobile World Congress (MWC) for the next five years, with the inaugural edition set for November. This achievement firmly establishes Qatar as a key player in the global digital economy.

 

To build on this progress, Qatar will soon launch a new, globally ambitious project, to be unveiled later this year.

 

Together, these milestones highlight Qatar’s determination to strengthen its position as a global economic and investment hub, and to chart a future grounded in diversity, innovation, and sustainability.

 

Distinguished Guests,

The State of Qatar is committed to playing a leading role in shaping a more balanced global economy—one that fosters genuine partnership and places human beings at the center of development. We envision Qatar as a platform where ideas converge, interests align, and progress is nurtured in an environment grounded in peace, stability, and investment.

 

In this spirit, we call for a holistic approach—one that integrates security with development, diplomacy with economic growth, and ensures that human dignity remains at the heart of any plans for prosperity.

 

Thank you for your kind presence. I wish you a productive forum and meaningful discussions. I look forward to engaging in a constructive dialogue during the sessions ahead, and to the emergence of new economic partnerships that will help drive sustainable development—both in our region and around the world.

 

May the peace, mercy, and blessings of God be upon you.