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Jun 23, 2022

Qatar Economic Forum centered FIFA World Cup 2022

Foreign Affairs News Correspondent

As a result of the rise in energy prices and Qatar’s effective policies and actions, the economy of the Qatar is likely to expand by 4.9 percent said Qatari Emir Sheikh Tamim bin Hamad al-Thani in an inaugural speech at the Bloomberg-organized Qatar Economic Forum in Doha on June 20-22, 2022 with the under writes of Qatar’s Ministry of Commerce and Industry, Qatar Investment Authority and Investment Promotion Agency Qatar.

This is the second annual Qatar Economic Forum hosted by Media City Qatar, the Forum gathers some of the heads of state including Namibia, Togo, Rwanda, Kazakhstan, global business leaders and world’s most influential financial and economic thinkers, policy makers and business leaders to prepare a blueprint for the next stage of global growth aiming the governments and businesses must come together to equalize the global economic recovery to tackle some of the world’s most pressing challenges, through the lens of the Middle East.

The Forum draws on Qatar’s ability to link Asia with Africa and beyond, as well as its position as a key global diplomatic hub, a leader in LNG energy technologies, and the home to the 2022 FIFA World Cup.

Applauding the FIFA Jamboree to be organized in coming November in Qatar, Amir Al-Thani said the widespread global involvement in the 2022 FIFA World Cup will serve as a springboard for bolstering the communication and conversation bridges.

Meanwhile, Secretary-General of the Supreme Committee for Delivery and Legacy (SC) Hassan Al Thawadi has acclaimed Qatar’s readiness for FIFA World Cup Qatar 2022.

Hassan Al Thawadi

Though few works are underway to complete, Al Thawadi informed most of the works related to the World Cup will be completed on schedule and be ready at the start of the tournament.

As football fans would come to Qatar from throughout the globe to watch the World Cup matches, the efforts to accommodate various housing requests during the tournament’s activities at reasonable prices are also underway, informed Al Thawadi believing that the tournament would provide fans with the chance to discover the Arab culture and to explore Qatar and other countries in the region.

Lauding Qatar’s contribution for workers along with their rights, Al Thawadi also informed that Qatar allocated US $28 billion to provide jobs for workers during the FIFA World Cup Qatar 2022.

Meanwhile, during the FIFA World cup 2022 in November Qatar expected over 1.2 million visitors.

Highlighting facts and figures on the World Cup in an interview with Bloomberg Television on Wednesday, the chief executive officer of FIFA World Cup Qatar 2022, Nasser Al Khater said the month-long sporting festival would likely add US $17 billion to Qatar’s economy.

Qatar is reinforcing her image from a small pearl-diving enclave to a Gulf metropolis, energy-exporting power and transit hub, he added.

Bloomberg Quicktake Ms. Jennifer Zabasajja was an Anchor.