The Qatar Economic Forum (QEF) 2024 witnessed a surge in international visitors, leading to an increased demand for luxury accommodations and dining experiences. This influx promoted inbound tourism and boosted demand for hotels, restaurants, transportation, and other hospitality services in Qatar, enhancing the country’s reputation as a premier destination for business and leisure travel.
According to Mosaad Moustafa Eleiwa, founder and managing director of Outing Qatar, such prestigious events have become a cornerstone in attracting investors, fostering partnerships, and showcasing Qatar’s expanding economic landscape. The forum serves as a global platform for discussions on economic matters, investment opportunities, and networking, attracting a diverse array of participants, including diplomatic dignitaries, business leaders, and media representatives.
Hosting high-profile events like QEF also provides a unique opportunity to showcase Qatar’s rich cultural heritage and modern infrastructure. Eleiwa underlined the networking opportunities facilitated by QEF, where luxury tourism companies curate experiences for attendees, from hosting events on luxury yachts to exceptional car rental services.
What sets QEF apart from other events, according to Eleiwa, is its alignment with Qatar’s national strategy 2030, focusing on economic diversification, sustainable development, and investment in cutting-edge technologies such as artificial intelligence, robotics and fintech. He highlighted the high-profile attendees and influential decisions made at the forum, emphasizing its importance as a platform for forging partnerships.
Eleiwa also outlined the short-term, medium-term, and long-term implications of QEF on Qatar’s tourism and business sectors. He noted the ease of establishing companies through the Qatar Financial Centre and other government institutions, which has attracted company owners to visit and experience the country with their families.
Overall, QEF 2024 served as a platform for dialogue, collaboration, and action, laying the groundwork for advancing tourism, business, and investment in Qatar and the wider region. It underscored the importance of partnerships, innovation, and sustainability in driving economic development and prosperity for all.
