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Business / Qatar Business

FIFA World Cup Qatar 2022 to attract foreign investments: Official

Published: 18 Sep 2022 - 08:31 am | Last Updated: 18 Sep 2022 - 08:33 am
File picture of buildings in Qatar used for representation

File picture of buildings in Qatar used for representation

Deepak John | The Peninsula

Doha: With only 63 days remaining before the FIFA World Cup Qatar 2022 kicks off, it is vital to promote the country’s economic boom as the event offers opportunity to promote Qatar’s economy and its investment sector, a senior official has said. 

The FIFA World Cup Qatar 2022 offers a great opportunity to promote Qatar’s economy and its diverse investment sectors and the mega event will draw the world countries attention to Qatar. Therefore, it is of great importance to invest in this global event by introducing Qatar’s economy and investment climate to attract the attention of global investors and bring more foreign investment to the country,” said Qatar Chamber (QC) General Manager, Saleh bin Hamad Al Sharqi, in the September 2022 issue of Al Moltaqa magazine.

With the approach of the staging of the 2022 FIFA World Cup, which is expected to attract hundreds of thousands of visitors and fans, and as part of Qatar Chamber’s concern to highlight and promote Qatar’s economic boom, the Chamber plans to issue a guide to economic and commercial activities in Qatar. The release is a comprehensive guide that covers all economic, industrial, and commercial activities in various sectors to provide a full view of Qatar’s economy and investments climate, he noted.

The guide includes all information that a foreign investor needs to know about the Qatari economy, the investment incentives, and doing business in Qatar. Therefore, this publication will serve as a roadmap for the Qatari economy for visitors to the State during the 2022 World Cup.

It provides an explanation the economic sectors in the country and their development through a detailed explanation of each sector. It also explains Qatar’s investment climate, and stimulating investment incentives, in addition to the Qatar Chamber’s role in stimulating investments, developing the private sector, and opening new aspects for Qatari companies to enhance their roles in the economic activity. 

The official said that the publication is scheduled to be officially launched in October 2022, a month before the World Cup. It will be issued in the Arabic and English languages and will be distributed to ministries, embassies, diplomatic missions to Qatar, and Qatar’s embassies abroad, as well as to local and international fairs and forums. It will also be published on the Chamber’s website to provide easy access for investors and businessmen.

He further added that the guide highlights Qatar’s attractive investment environment and consolidates its position on the world’s business map as an international business and investment destination, as it covers all commercial and economic activities in the country.