Davos, 19 January 2023 (TDI): The Deputy Prime Minister and Minister of Foreign Affairs of Qatar Sheikh Mohammed bin Abdulrahman Al-Thani are presiding over a high-level Qatari delegation in the 53rd World Economic Forum Annual Meeting.

The delegation is examining Qatar’s efforts to diversify its economy and improve the sustainability of its corporate environment. It emphasizes the legacy of the FIFA World Cup Qatar 2022 and Qatar’s significance in energy security globally.

Panel Discussion Session, WEF23

The Deputy Prime Minister’s main agenda is to highlight the State of Qatar’s role as a credible economic hub in the development sector, international peace, and security at the Forum.

He stressed the importance of energy security during the session. He stated that gas is the cleanest, most secure, and most reliable source of energy and that it will remain appropriate and vital in the energy mix for decades to come.

Al-Thani also mentioned that his country did not pursue reducing gas investment, which would have allowed it to expand and pump more gas in 2027, mainly to Europe.

Qatar- A Strong Middle Eastern State

The State of Qatar has prioritized global challenges in recent years. It emerged as a potent Middle Eastern strategic partner to advance novel perspectives on international collaboration and regional integration.

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Qatar is more focused on investing in innovative development, culture, economic modernism, and green technologies. The state initiated to encourage diversity.

The State of Qatar is participating in different international forums more frequently to address geopolitical problems and the challenges of globalization.

“Qatar National Vision 2030 (QNV 2030)

Qatar has efficiently used the hosting of the World Cup to realize the goals of “Qatar National Vision 2030 (QNV 2030)”. The theme of QNV 2030 is the government’s ambition to convert Qatar into a global society and raise living standards.

Qatar, a country of under 3 million people, was the first Muslim country to host FIFA 2022. The state has effectively spent as much as $300 billion in preparation for the most prestigious football event.

Building new Doha districts and state-of-the-art stadiums, expanding airports, introducing a modern metro system, and preparing infrastructure to accommodate visitors are all features of QNV 2030 projects to enhance post-tournament sustainability through FIFA 2022.

Impact of FIFA 2022

FIFA 2022 has positively impacted the prestige of all Gulf countries, especially in terms of investment, tourism, and economic opportunities.

The historic World Cup has brought short and long-term economic benefits and soft power gains to this region.

Qatar has strengthened relations between the Arab and Western worlds and fostered international goodwill, stability, and prosperity.