Posted on December 04, 2017

Qatar is likely to push for greater economic diversification in 2018 and strengthen economic ties in Asia as a response to the ongoing economic blockade, according to experts set to gather for The Euromoney Qatar Conference this week.

The event is one of Qatar’s most comprehensive annual financial events, covering a wide range of topics including the global economy, international investment, cybersecurity and financial technology. Senior executives from a range of financial organisations will take part, as in previous years. However, the key topic for debate at this year’s Conference will be the performance and potential of Qatar’s economy, which over the last six months has continued to be dynamic despite the diplomatic and economic blockade.

Following the official opening by H.E. Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Prime Minister, State of Qatar, the conference will welcome a number of senior government figures and captains of Qatar industry for their views on the direction of the economy. Speakers will include H.E. Mr Ali Shareef Al-Emadi, Minister of Finance, State of Qatar; H.E. Sheikh Abdulla Bin Saoud Al-Thani, Governor, Qatar Central Bank; Ali Ahmed Al-Kuwari, Group Chief Executive Officer, Qatar National Bank;H.E. Dr Eng. Saad Bin Ahmad Al-Muhannadi, President, Ashghal - Public Works Authority and Yousuf Mohamed Al-Jaida, Chief Executive Officer, Qatar Financial Centre Authority.

Also on-stage will be Khalid Al-Hashmi, Assistant Undersecretary, Cyber Security, QCERT; Sara Al-Khelaifi, Head of Cyber Security, Qatar Central Bank; H.E. Dr Hessa Al-Jaber, Former Minister of Information and Communication Technology and Chairperson, Trio Investment;GourangHemani, Chief Financial Officer, Qatar Islamic Bank and Ian Gray OBE, Chief Executive Officer, Vodafone Qatar. Together, they will provide the most comprehensive picture of Qatar’s economic performance during the first six months of the blockade, as well as offer insight into the country’s plans for future development.

Qatar has already taken a number of steps to ensure long-term economic stability. In July, it announced plans to sharply increase Liquid Natural Gas production, supported by the resumption of development of its North Field, one of the largest gas fields in the world. The country is also redoubling its efforts to diversify its economy, launching an ambitious “Smart Qatar” programme, TASMU, to encourage smart technologies, and announcing plans to become fully self-sufficient in food in 2018, by importing cattle and allocating more resources for agriculture development.

Qatar has also signed a number of landmark agreements with Turkey and countries in South Asia in 2017, to further support economic diversification and increase its pool of trading partners and suppliers. The Euromoney Qatar Conference will run from December 5-6,2017, in Doha. For more information or to register, visit www.euromoneyconferences.com/qatar.html

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