What to Expect at The Qatar Economic Forum 2022

  • Publish date: Thursday، 23 June 2022
What to Expect at The Qatar Economic Forum 2022

On Monday, world leaders and entrepreneurs gathered in Doha, Qatar's capital, for the start of the second Qatar Economic Forum (QEF).

The high-profile Bloomberg event, whose this year's topic is "Equalizing the Global Recovery," will be held on the 20th and 22nd of June under the patronage of Qatar's Amir Sheikh Tamim bin Hamad Al Thani.

Various heads of state, more than 500 corporate leaders, and more than 75 keynote speakers are expected to talk at various sessions about the latest economic trends, difficulties, and post-pandemic recovery.

Elon Musk, CEO of SpaceX, Hussain Sajwani, Chairman of DAMAC Properties, and Qatar Airways CEO Akbar Al-Baker are among the confirmed attendees.

Other important subjects to be highlighted include global poverty alleviation, inflation reduction, globalization prospects, energy transformation, and carbon emission reduction.

With climate change still posing a threat to the world, authorities at QEF are looking into solutions to keep the economy growing while not adding to the environmental crisis.

The forum, according to Bloomberg Media CEO Scott Havens, is an opportunity for international leaders to debate strategies to promote global economic recovery in a long-term and comprehensive way.

The sporting event is also a significant issue and a specific area of attention for this year's event, as Qatar prepares to host the highly anticipated 2022 FIFA World Cup, the first to be held in the Middle East.

Several renowned sports authorities, including FIFA President Gianni Infantino, will attend some of the sessions. Hassan Al Thawadi, Secretary-General of the Supreme Committee for Delivery and Legacy (SC), and Nasser Al Khater, Chief Executive Officer of FIFA World Cup Qatar 2022.

While the QEF in 2021 took place almost simultaneously with the epidemic, this year's event takes place in the midst of Russia's protracted war on Ukraine, which has put global supply networks in jeopardy. The conflict has had an impact on the energy sector, as several European countries rely heavily on Russian gas.

Sheikh Tamim, who spoke at the forum last year, emphasized the importance of global cooperation in closing the economic development gap in countries. Vaccine equality was also a major issue, as certain countries were unable to get adequate doses.

Qatar led efforts to give much-needed vaccination doses to several countries in response to unequal vaccine distribution. Qatar Red Crescent Society (QRCS) conducted a vaccine campaign targeting 3.65 million refugees and internally displaced persons as the national carrier distributed millions of doses.

The QEF is also seen as a key forum for discussing Doha's economic growth objectives, which are outlined in the Qatar National Vision 2030 and the National Growth Strategy 2018–2022, both of which aim to move the country to a more diversified and competitive knowledge-based economy.

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