Al Raya Highlights Qatar’s Unprecedented Economic Achievements

Doha: Al Raya newspaper has highlighted Qatar’s unprecedented economic achievements, emphasizing the country’s launch of pioneering initiatives aimed at stimulating the local economy, localizing industries, and boosting exports. The newspaper affirmed that Qatar’s economy continues to strengthen its regional and international standing, supported by strategic reforms that contribute to sustainable growth and resilience in the face of global challenges.

According to Qatar News Agency, in its editorial titled “Qatar Enhances Its Economic Performance,” the newspaper stated that Qatar’s economy is confidently moving toward achieving promising growth rates, reflecting the success of the national strategy aimed at advancing economic performance and increasing the contribution of the non-oil sector. Al Raya pointed out that Qatar’s economy continues to achieve record-breaking figures, showcasing its strength and adaptability to global challenges. This success is attributed to its solid foundations, flexibility, and diversification, as well as the comprehensive reviews and ongoing reforms implemented by the state.

The newspaper highlighted recent expansions in the gas industry, with Qatar dominating the clean liquefied natural gas (LNG) market and strengthening its alliances while entering new markets to meet growing global demand. It also discussed Qatar’s trade surplus in 2024, which reached QR 220 billion, according to quarterly statistics from the National Planning Council. This strong performance reflects the state’s wise policies in enhancing economic and trade performance, in line with Qatar National Vision 2030.

Al Raya emphasized that Qatar remains a reliable investment partner, as evidenced by the achievements of the Qatar Stock Exchange last week, where market gains amounted to approximately QR 10.4 billion, raising the market value of shares to QR 623.4 billion. The general index of the stock exchange also rose to 10,660.12 points, reinforcing Qatar’s leading position in the region in terms of economic performance, according to financial reports. The newspaper concluded by noting that the state has set new priorities and short- and long-term goals to achieve, with sound planning ensuring significant growth in GDP and competitive growth rates at both regional and international levels.