Qatar’s strong economy is well-positioned for the future, continuously creating new opportunities for businesses and investors through a diverse range of initiatives and incentives.
Various global agencies have affirmed the strength of Qatar’s economy in recent years. Moody’s has confirmed Qatar’s ability to withstand economic shocks with thanks to Qatar’s robust sovereign balance sheet, and Fitch Ratings affirmed Qatar’s AA- rating thanks to its strong sovereign net foreign asset position, its flexible public finance structure and its high ratio of GDP per capita.
According to the World Bank’s Global Economic Prospects report, Qatar’s economy is forecast to be the fastest growing in the GCC in 2023 and 2024.
Economic Incentives for Investment
Qatar continues to implement business-friendly measures to drive sustainable economic growth and develop its entrepreneurial environment. Qatar has adopted significant measures to attract foreign direct investment and foreign investors enjoy competitive benefits, including:
- A legal environment based on English common law
- Transfers that can be made in any convertible currency
- Up to 100% foreign ownership
- Repatriation of profits
Invest Qatar is the national brand showcasing Qatar as an exceptional investment destination, helping to connect international investors to lucrative business opportunities to support their long-term success, while simultaneously complimenting Qatar’s economic development and diversification goals. Invest Qatar can help investors with sector specific information, introductions between investors and government entities, connections to business service providers, business setup support and more.
Qatar Investment Authority (QIA) is mandated to diversify and grow the State of Qatar’s sovereign reserves to create value for future generations of Qataris.
QIA has a diversified approach toward investing, in terms of both sectors and geographies. QIA invests across the value chain in companies and technologies focused on the transition to a clean-tech, low-carbon emission future – from renewable energy projects to energy storage solutions.
QIA also supports Qatar’s domestic economy by investing in local companies.
Qatari Diar Real Estate Company was established in 2005 by QIA, and now has 50 investment projects under development across 20 countries. These include, but are not limited to, the flagship project of Lusail City (Qatar), the St. Regis Cairo (Egypt), Al Houara Resort (Morocco), Southbank Place and Chelsea Barracks (UK), as well as the Conrad Hotel (US).