MCIT to showcase Qatar's digital transformation journey during Web Summit Qatar 2026

Doha, Qatar: TheWorld BankGroup has opened its first office in Qatar and signed a memorandum of understanding with the Qatar Fund for Development (QFF...

Doha, Qatar: The World Bank Group has opened its first office in Qatar and signed a memorandum of understanding with the Qatar Fund for Development (QFFD), marking a new phase in cooperation between the two sides.

The agreement was signed during an official ceremony in Doha, attended by Finance Minister HE Ali bin Ahmed Al Kuwari, Minister of State for International Cooperation HE Maryam bint Ali bin Nasser Al Misnad, World Bank Group President HE Ajay Banga, and QFFD Chairperson HE Sheikh Thani bin Hamad Al-Thani, along with senior officials.

The new office, hosted at QFFD headquarters in cooperation with the Ministry of Finance, is intended to strengthen engagement with Qatar's public and private sectors and support the country's National Vision 2030. It will also serve as a platform to encourage Qatari investment in emerging markets.

Speaking on the sidelines of the event, HE Al Kuwari said relations between Qatar and the World Bank had seen significant growth in recent years, describing the opening of the office as a qualitative step that would expand cooperation and reflect a clear alignment in strategic priorities.

He added that Qatar places special emphasis on supporting vital sectors, particularly education and healthcare, especially in underserved areas-fields that are also a key focus of the World Bank's development programs-highlighting the depth of the partnership and the alignment of their objectives.