In its latest in-depth analysis of the dynamic economic landscape in Qatar, Al Faisal Holding highlights the pivotal role of the private sector in leading the economic transformation journey in Qatar, and provides a comprehensive overview of its diverse investment portfolio that contributes to enhancing economic growth in the country, especially in the hospitality, industry and real estate sectors. In accordance with the pillars of Qatar National Vision 2030.
This comprehensive analysis is set to be presented in a video on OBG’s global platform as further evidence of its ongoing endeavor to provide accurate and comprehensive analyzes on vital developments in emerging markets.
Accelerated growth journey
Within the rapid growth journey, the private sector has shown a pivotal role in advancing urban development in Qatar, by participating in a large proportion in the implementation of huge projects such as the development of the Dafna and Pearl areas, while the government focused on establishing infrastructure and creating an attractive environment for investment, so that this fruitful cooperation extends to the sector. Manufacturing in Mesaieed Industrial City, based on government support that stimulates innovation and entrepreneurship.
Giant infrastructure development projects, such as the new international airport and port, contribute to facilitating access to Qatar, the flow of goods, and the movement of trade and investment. The establishment of free zones also provides a comprehensive and stimulating environment for industrial growth that meets the requirements of all businesses and leads them towards achieving sustainable economic development goals.
The state’s strategy for economic diversification
In line with the country’s strategy for economic diversification, and its extensive investments in the hospitality sector in order to consolidate its position on the global tourism map, Al Faisal Holding Company, through its hotel arm, Artek, proceeded to participate in this promising journey with a very diversified hotel portfolio that includes 35 hotels, including 12 hotels in Qatar. And other hotels in the Middle East, North Africa, Europe and the United States.
In addition, Al-Faisal Holding Company is harnessing its energies to benefit from reports and data in identifying emerging opportunities in various sectors, with a special focus on information technology for the medical sector and food security, while continuing to develop the activities of existing sectors such as real estate, trade, services and contracting.
Al Faisal Holding Company’s contributions go beyond the commercial scope to include supporting culture, education and sports, as is evident in its various initiatives such as the Sheikh Faisal Sports Academy and the Samaria Equestrian School, which reflects its comprehensive vision for community development and its dedication to serving the community.
A series of interviews
In a series of special interviews included in this video, His Excellency Sheikh Faisal bin Qassim Al Thani, Chairman of the Board of Directors of Al Faisal Holding Company, was the most prominent figure in it, along with a number of the senior management team and members of the Board of Directors, as His Excellency indicated that “Qatar will one day become a pole.” Globally commercially, it is comparable to the importance of ancient global commercial centers such as Singapore and Hong Kong,” stressing the importance of investing in infrastructure and developing the investment environment to achieve this, and the country’s great potential that qualifies it to compete strongly in this field. The track.
Other personalities included in the interviews were His Excellency Sheikh Mohammed bin Faisal bin Qassim Al Thani, Vice Chairman of Al Faisal Holding, who stressed that “Qatar has transformed into a more sustainable economy, less dependent on the hydrocarbon sector, driven by a clearly defined progressive vision, and a committed private sector.” With its support.”
In a similar context, Mr. Tariq Al-Sayyed, CEO and Managing Director of Al Rayyan Tourism Investment Company (ARTIC), discussed an aspect of ARTIC’s efforts as the international investment arm of Al-Faisal Holding Company, pointing out its importance as a bridge for regional and international expansion that contributes to enabling Al-Faisal Holding to achieve a distinguished position as one It is one of the first private Qatari companies to expand its operations internationally, and has a growing footprint throughout the Middle East, North Africa, Europe and the United States.