GCC a bright spot in global economy

Doha, Qatar: The fifth edition of the Qatar Economic Forum comes at a time when the world is witnessing an unprecedented transformation in the flow of...

Doha, Qatar: The fifth edition of the Qatar Economic Forum comes at a time when the world is witnessing an unprecedented transformation in the flow of global capital. The Gulf’s role is no longer limited to being a major energy supplier; it has become one of the most influential financial centers worldwide.

On the sidelines of the forum a panel discussion entitled ‘The Geoeconomics of Growth: Finance and Economy Minister Outlook’ was held, yesterday which explored how governments in the region are dealing with accelerating global economic challenges, and examined ways to enhance economic resilience and achieve sustainable growth amid geopolitical changes and technological and economic transformations.

Addressing the session, Minister of Finance of the State of Qatar H E Ali bin Ahmed Al Kuwari shared the importance of international cooperation and experience-sharing to develop financial policies that support growth. He also highlighted the critical role of strategic investments and structural reforms in building more resilient economies capable of withstanding future crises.

Regarding recent figures about economic partnerships between Qatar and the US, Minister Al Kuwari said, they reflect the depth of economic relations and the scale of trade between the two countries. They come at a time when the US remains Qatar’s most important investment destination, due to the strong opportunities and rewarding returns it offers.

Commenting about the Qatar Investment Authority’s strategy, he said that the current priorities include technology, artificial intelligence, pharmaceuticals, infrastructure, and real estate, and that this strategy is reviewed annually to align with global opportunities and mitigate risks.