Doha: In an editorial by Al-Raya newspaper, it has been highlighted that the Qatari economy stands as the strongest, most stable, and fastest-growing in the region. This assertion is supported by figures that position Qatar at the forefront of regional economies and among the top globally in terms of economic strength and resilience. Qatar has successfully maintained its status as one of the fastest-growing economies worldwide, offering abundant investment opportunities across various sectors.
According to Qatar News Agency, a World Bank report has projected that Qatar will surpass other GCC countries in economic performance by 2026 and 2027, with GDP growth expected to reach 7.6% in 2027. This projection places Qatar among the top 10 countries globally in terms of economic growth rates. The State of Qatar is making significant efforts to ensure financial sustainability through fiscal discipline that supports growth and increases savings. This initiative is part of the Third National Development Strategy, aiming to enhance economic diversification, a key pillar of the Qatar National Vision 2030.
The strategy focuses on expanding non-oil industrial sectors and making significant progress toward a knowledge-based economy, leveraging digital and technological solutions. Additionally, it emphasizes attracting foreign investment through progressive policies and recent financial and legislative reforms that positively impact economic performance. Al-Raya further noted that Qatar’s economic plans are advancing in a coordinated manner across various sectors, including trade, investment, industry, exports, tourism, energy, and market access. The flourishing logistics services sector adds to Qatar’s appeal as a destination for both local and foreign investments.
In a related discussion, English-language newspaper The Peninsula highlighted Qatar’s commitment to protecting the rights of domestic workers. On the eve of International Domestic Workers’ Day, marked on June 16, Qatar has sent a strong message that safeguarding these rights is both a legal obligation and a moral and societal priority. The establishment of 14 visa centers in manpower exporting countries and continued advocacy for legal literacy are key measures taken by Qatar to preempt abuse and ensure informed employment arrangements.
The Peninsula noted that Qatar’s labor reforms signify a meaningful departure from outdated models, although the journey is ongoing. Ensuring justice for domestic workers will require continued legal evolution, stronger enforcement, accessible legal aid, and greater cultural integration. By recognizing domestic workers as integral members of the Qatari family, Qatar is setting a regional precedent, the newspaper concluded.