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Qatar Chamber recently participated in the ‘First Gulf Forum for Building the Capacities and Skills of Home-Based Business Owners’, hosted by Kuwait.The two-day forum was organised by the Executive Office of the Council of Ministers of Labour and Social Affairs of the GCC States, in partnership with the Federation of GCC Chambers. The event brought together representatives of government entities, the private sector, and entrepreneurs from across the Gulf region.Fatima Issa al-Kuwari, Training Department head, represented the chamber at the forum and participated in a panel discussion on the role of GCC federations and chambers of commerce in supporting emerging projects.In her remarks, she emphasised the importance of home-based and emerging projects, which are among the promising engines of economic and social growth in GCC countries, calling for a supportive ecosystem that enables training, development, and access to opportunities for this category.She also highlighted the pivotal role played by Qatar Chamber in empowering home-business owners by designing high-quality training programmes, organising specialised events, and connecting them with numerous supporting entities through the training workshops it hosts.These workshops, she noted, focus on developing entrepreneurship skills and presenting inspiring success stories, contributing to enhancing the capabilities of project owners and improving their readiness to enter the market and transition toward sustainable business models.Al-Kuwari said the chamber also enables home-based projects to promote their products, and adopts initiatives that raise awareness about commercial transformation, while offering opportunities that strengthen the role of entrepreneurs in the national economy.She added that the shared vision of GCC chambers today is to build an integrated Gulf environment that supports innovation and enables home-based and emerging projects to evolve from simple initiatives into commercial ventures capable of competing and generating significant economic and social value. 

Qatar’s PMI climbing to 51.9 in August indicates accelerating non-oil private sector activity in the country, according to Oxford Economics.Last month, the PMI climbed to 51.9, which Oxford Economics noted is “fuelled by the fastest job creation and employment growth in the region”.Business activity in the GCC’s non-oil private sector continued to strengthen in August, Oxford Economics said.The UAE’s PMI rose to 53.3 from July’s four-year low of 52.9, driven by faster output growth. Saudi Arabia’s PMI edged up slightly to 56.4, supported by stronger client demand and infrastructure projects.“Overall, the GCC's non-oil private sector has seen sustained expansion this year, and we expect 4% growth in the region's non-oil output this year,” Oxford Economics said.In Saudi Arabia, credit growth slowed to 15.2% y/y in August but remained well above deposit growth of 8.4%. A sharper drop in mortgage lending suggests softer real estate activity, although consumer credit stayed strong.“We expect early interest rate cuts to support credit demand, likely pushing the average loan-to-deposit ratio to a new high. This could raise liquidity concerns in the coming months, especially if deposit growth continues to lag,” Oxford Economics noted.In a recent report the researcher noted Qatar's fiscal balance is estimated to scale up to 5.4% (of country’s GDP) in 2026 from 1.8% this year.A growing fiscal balance signals improved macroeconomic stability and a stronger ability to manage government debt in the country, an analyst noted.In an indication of the country’s level of international competitiveness, Qatar’s current account will improve further reaching 18.3% of the country’s GDP in 2026, from 17.5% this year.Qatar’s real GDP growth has been forecast at 2.7% year-on-year (y-o-y) this year, rising to 4.8% in 2026.Inflation has been forecast at 0.4% this year and 2.8% in 2026.In its last country report, Oxford Economics noted Qatar’s GDP growth “will more than double” in 2026-2027, with both the energy and non-energy sectors contributing positively this year and beyond, according to Oxford Economics.

His Highness the Amir Sheikh Tamim bin Hamad Al-Thani issued on Monday Amiri Decision No. 27 of 2025 establishing the Qatar Award for Localisation in the Private Sector.The decision states that the award aims to foster healthy competition among private sector entities in the area of job localisation, by recognising establishments that have met nationalisation targets and contributed to realising Qatar's national vision. Additionally, it seeks to honor distinguished citizens working in the private sector, along with exceptional talents, visionary leaders, and innovative pioneers.Under the decision, a Board of Trustees will be formed within the Ministry of Labor to oversee the award's management, determine its criteria, define its categories and levels, and set the necessary procedures.The law is effective starting from its date of issue and is to be published in the official gazette.