The fifth edition of the Qatar Economic Forum officially launched today in Doha, organized in partnership with Bloomberg Media Group under the theme "The Road to 2030: Transforming the Global Economy."
In his opening address attended by Qatar's Amir Sheikh Tamim bin Hamad, Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani emphasized the forum's critical timing amid significant global political and economic transformations. "This underscores the urgent need for platforms that bring together policymakers, entrepreneurs, innovators, and thought leaders to shape future investment opportunities and develop collective responses to challenges, particularly international stability and sustainable growth," he stated.
The Prime Minister outlined Qatar's vision for a diversified, knowledge-based economy that embraces technological revolution, positioning the country as a global hub for investment and technological advancement. He highlighted Qatar Investment Authority's continued execution of its long-term global strategy, with significant investments this year spanning from the United States to Africa and China.
On domestic achievements, Sheikh Mohammed noted Qatar's economy maintained positive performance with 2.4% real growth in 2024, reaching a GDP of QAR 713 billion (approximately $194 billion). He announced the launch of the first package of incentives for investors targeting strategic sectors including advanced manufacturing, modern technology, and logistics.
Major development projects were highlighted, including the Smeisma tourism project - one of the region's largest entertainment developments - and Qatar's emerging status as a tech hub, evidenced by hosting the second Web Summit in February 2025 with over 25,000 participants from 124 countries. The country's successful bid to host the Mobile World Congress for five years, beginning November 2025, further solidifies its position on the global digital economy map.
Addressing regional issues, the Prime Minister expressed deep concern over the ongoing "unprecedented humanitarian catastrophe in Gaza," despite Qatar's diplomatic efforts with Egypt and the U.S. to end the conflict. He reaffirmed commitment to continued diplomatic engagement until hostilities cease, all hostages are released, and Palestinian suffering is alleviated.
Regarding the U.S. decision to lift sanctions on Syria, Sheikh Mohammed described it as "a step in the right direction," hoping it would lead to similar measures allowing conflict-affected populations to rebuild.
The three-day forum convenes numerous ministers, global leaders, and influential CEOs to discuss pivotal issues reshaping the world economy.