*Deputy Prime Minister and Minister of Foreign Affairs leads Qatar delegation
HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani led a significant delegation from Qatar to the 50th Annual Meeting of the World Economic Forum (WEF), which took place from January 21-24 in Davos.
The Government Communications Office (GCO) said in a statement that the World Economic Forum, themed around “Stakeholders for a Cohesive and Sustainable World”, was marked by collaborative and productive discussions around tackling global issues, including sustainability and the international governance of trade and technology. Qatar has made these areas of global importance a priority in recent years, investing in new technologies and participating in global convenings, such as the World Economic Forum, to advance new ideas and collaboration.
Qatar’s delegation included HE the Minister of Finance Ali Sherif al-Emadi; HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari; HE the Secretary General of the Supreme Committee for Delivery and Legacy Hassan al-Thawadi; Chief Executive Officer of Qatar Investment Authority (QIA) Mansoor bin Ebrahim al-Mahmoud; HE the Chief Executive Officer of Investment Promotion Agency of Qatar Sheikh Ali bin Alwaleed al-Thani; and Chief Executive Officer of Qatar Financial Centre Yousuf Mohamed al-Jaida.
During the World Economic Forum, Qatar’s delegation met with ministers and government officials, representatives of multilateral organisations, international corporate executives, and financial institutions.
HE the Deputy Prime Minister and Minister of Foreign Affairs spoke at the QIA event titled ‘Perspectives from Qatar: The Reality of Economic Prosperity in the Middle East’, which focused on how sustainable and diversified economies are reshaping the Middle East.
In his remarks, HE Sheikh Mohamed said: “Qatar has opened its doors to partnerships, and we encourage all in the region and beyond to join our efforts to make economic prosperity in the Middle East a reality through renewing investments in human capital, diversifying investments, and in building the partnerships needed to make the Middle East strong and prosperous.”
Additionally, the commerce minister, the Secretary General of the Supreme Committee, the Chief Executive Officer of Investment Promotion Agency and the CEO of Qatar Financial Centre participated in numerous high-level meetings and panel discussions. These included an event hosted by Qatar Financial Centre and Bloomberg on the shifting geopolitical landscape and global competition for Foreign Direct Investment, and a debate on “big tech” and regulation hosted by Qatar Foundation’s Qatar Debate and the New York Times.
The Investment Promotion Agency of Qatar also organised a panel discussion at Russia House in association with the Roscongress Foundation that explored Qatari and Russian perspectives on investment trends in emerging markets.
The Forum was an opportunity for Qatar to showcase its accelerating economic diversification and attractive business environment, the GCO said in a statement. “Real GDP growth in Qatar is set to accelerate to 1.5% in 2020 and 3.2% by 2021, while an ambitious programme to improve business regulations saw Qatar recently break into the top 20 global business environment improvers,” the statement added.
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