Qatar Special Report 2024: Creating the future

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Already in command of one of the world’s largest sovereign wealth funds, Qatar’s economic foundations are becoming ever stronger. Strategic expansion of its unrivalled natural gas deposits, fiscal restraint and a thriving non-oil sector combine to create a platform for transformative growth

Already in command of one of the world’s largest sovereign wealth funds, Qatar’s economic foundations are becoming ever stronger. Strategic expansion of its unrivalled natural gas deposits, fiscal restraint and a thriving non-oil sector combine to create a platform for transformative growth

Qatar’s economy is on a solid trajectory for sustained growth, driven by strategic initiatives aligned with Qatar National Vision 2030. Over the next few years, we expect to see continued efforts to diversify the economy, with a clear shift toward a knowledge-based framework that emphasises innovation and sustainability. Sectors such as technology, healthcare and education will play pivotal roles in shaping this future.

In the next few years, the Qatari economy is expected to undergo significant transformation and growth, driven by a strategic shift towards diversification and sustainability. While the country’s vast natural gas reserves will continue to play a crucial role, the focus is incr-easingly on developing sectors such as clean energy, tourism, sports, and technology.

Energy is integral to Qatar. Oil was its past and LNG is its future. The country’s lower carbon natural gas will be a crucial transition fuel for the world’s efforts to abandon coal and oil. But Qatar is also set to become a solar powerhouse, as it brings its considerable financial firepower to roll out new renewables