Vision 2040 push gains speed in Oman

Oman’s Vision 2040 push gains speed as...

Iraqi Cyclist Claims Victory in Shanghai

The Iraqi cyclist victory at the Shanghai...

UAE Enforces Midday Work Ban from June 15 to Protect Outdoor Workers

For the twelfth consecutive year, the UAE Ministry...
HomeBusinessQatar Foreign Direct...

Qatar Foreign Direct Investment Surpasses $2.7 Billion in 2024

Qatar attracted over $2.7 billion in foreign direct investment (FDI) in 2024, according to the International Media Office. This major achievement marked a sharp rise in both project volume and job creation compared to 2023.

The report showed a 110% year-on-year (YoY) increase in the number of new investment projects. Specifically, Qatar saw the launch of 241 projects last year, up from 115 the year before.

Moreover, these projects led to over 9,000 new jobs, reflecting a 123% YoY jump in employment.

Qatar foreign direct investment is now reaching more sectors than ever. The growth was mainly driven by five key industries. These include electric power generation, data processing and hosting, retail and wholesale trade, scientific research and development, and water and sewage systems.

Each sector plays a vital role in the country’s long-term economic strategy. Therefore, the wide spread of investment suggests that Qatar is diversifying beyond traditional industries.

In particular, energy and technology continue to lead the way. As more companies expand into clean energy and digital infrastructure, Qatar becomes a stronger player in the global market.

Qatar foreign direct investment also signals strong confidence in the country’s legal, regulatory, and business environment.

Officials noted that these achievements were made possible due to several reforms. These included streamlined licensing, improved investor services, and new partnerships with international stakeholders.

Furthermore, global investors have praised Qatar’s stability and its clear commitment to development. As a result, the country has become a top destination for innovation-driven projects.

Qatar foreign direct investment is not only growing but also helping create long-term, skilled jobs. This supports the state’s goals for human development and economic sustainability.

Looking ahead, officials said they expect more investment to enter Qatar in 2025, especially in green energy and smart infrastructure.

With a solid foundation and clear vision, Qatar is shaping itself as a leading investment hub in the region.

Continue reading

MoCI Virtual Assistant Enhances Digital Services and Business Registration in Qatar

The Ministry of Commerce and Industry (MoCI) continues to lead digital innovation in Qatar. It has launched AI-based tools to improve public services and support business growth, including the MoCI virtual assistant which enhances user interaction. Recently, MoCI introduced two...

HMC Supports Cancer Survivors with First Patient Engagement Event in Qatar

Hamad Medical Corporation (HMC) held its first event to support head and neck cancer survivors. The meeting, called “Enhancing the Quality of Life of Patients with Head and Neck Cancer,” was held at Bayt Al Dhiyafah. The event brought together patients, families,...

Qatar Condemns Israeli Attack During Meeting With German Foreign Minister

Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani met on Saturday with the German Minister of Foreign Affairs Johann Wadephul. Qatar condemns the ongoing Israeli attack, a statement that was echoed during...