The Qatari Businessmen Association (QBA), during an extraordinary meeting of its Board of Directors, affirmed the strength of the national economy and the role of the private sector in supporting market stability, noting the commitment of all its economic institutions and affiliated companies, whether in Qatar or abroad, to support the State's economic policies and work in full coordination with the competent government authorities to ensure market stability and the continuity of economic activity without any disruptions.
The Association stated in a press release its keenness to communicate with representatives of foreign companies in the country and business councils, who confirmed their continued operations and their choice of Qatar as a destination for their business activities and investments.
QBA highlighted that the Qatari economy is built on strong and solid foundations thanks to the wise economic policies pursued by the State, in addition to Qatar's strong financial reserves, advanced infrastructure, and diverse strategic investments, which enhance the national economy's ability to face various regional and international changes with confidence and stability.
The Association also reassured local and international investors and business councils in the country that the State of Qatar possesses sufficient strategic stockpiles of essential goods, especially in the food and pharmaceutical sectors, in addition to advanced logistical capabilities and a diversified supply network that ensures the continuous flow of goods and essential materials to local markets with high efficiency.
The Association pointed out that the solidity of the Qatari economy is supported by a strong financial base, with the Qatari banking sector enjoying a high degree of stability and financial soundness, along with strong capital adequacy and liquidity ratios exceeding internationally recognized standards.
It affirmed that the State of Qatar enjoys strong sovereign credit ratings from major global rating agencies, in addition to substantial financial reserves and prudent fiscal policies, which enhance global market confidence in the Qatari economy.
The Qatari Businessmen Association emphasized that the business environment in the State of Qatar will remain one of the most stable and attractive economic environments for investment in the region, as indicated by all international reports, including Davos, and that major economic projects and strategic investments are continuing according to approved plans, supported by an advanced legislative environment and world-class infrastructure.
The Association also confirmed that international investors can continue their operations in Qatar with full confidence, noting that the business environment in the country remains among the most stable and attractive in the region thanks to the advanced legislative framework and economic policies that support investment.