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Qatar has drawn one of its strongest waves of foreign business in recent years, with 3,295 non-Qatari companies registered in the first quarter of 2026 — a vote of international confidence that underscores the country's growing pull as a regional investment hub.The surge came despite the economic uncertainties and geopolitical challenges buffeting global markets during the quarter, and points to a business environment that continues to reassure investors even in turbulent times.According to a report by Qatar TV, the first-quarter figure marked one of the strongest bursts of foreign business establishment in years. The momentum reflects Qatar's ability to attract international investors through a blend of economic stability, advanced infrastructure, investor-friendly legislation, and expanding opportunities across multiple sectors.The increase comes as Qatar presses ahead with policies designed to sharpen its competitiveness as a regional and global business hub. Key drivers include the steady development of economic and investment regulations, efficient and easily accessible procedures for setting up businesses, and broader scope for foreign ownership across various sectors.Over recent years, the country has introduced a series of reforms aimed at making the investment process faster and more accessible. These measures have improved the ease of doing business, encouraging multinationals and entrepreneurs to establish operations in Qatar. Among the most significant steps has been the expansion of foreign ownership rules, allowing international investors to hold up to 100% of companies in many sectors — a move that has notably lifted market confidence.The strong showing was also evident on specialised economic platforms, particularly the Qatar Financial Centre, which added more than 800 new companies during the first quarter — a growth of around 57% on the same period a year earlier. The jump signals rising interest from global firms seeking to use Qatar as a base for regional operations.Foreign investment inflows are also undergoing a structural shift. While energy, particularly liquefied natural gas (LNG), remains the cornerstone of the economy, international capital is increasingly flowing into emerging fields such as financial services, technology, artificial intelligence, digital transformation, and other knowledge-based industries.This diversification aligns with the goals of Qatar National Vision 2030, which seeks to build a sustainable, diversified economy capable of competing globally while reducing reliance on traditional sectors. The strategy places strong emphasis on innovation, human capital development, entrepreneurship, and the growth of a knowledge-driven economy.Qatar's ability to attract international companies has been further underpinned by major investment in infrastructure and logistics. World-class transport networks — including the expansion of Hamad International Airport and the continued growth of Hamad Port — have strengthened the country's role as a gateway linking Asia, Europe, and Africa.Financial indicators tell the same story. The stock of foreign direct investment reached around QR165.4bn by the end of 2025, reflecting sustained confidence among international investors and the continued inflow of foreign capital into the national economy.The growth in foreign companies mirrors Qatar's current economic performance and points to bright prospects ahead. International businesses increasingly view the country as a strategic location offering political stability, competitive regulations, advanced infrastructure, and access to fast-growing regional markets.Investment promotion bodies, meanwhile, continue to step up efforts to position Qatar as a global centre for business and innovation. Through initiatives supporting entrepreneurship, digital transformation, and sector diversification, the country is aiming to attract higher-value investment that contributes to long-term growth.As global competition for capital intensifies, Qatar's ongoing economic reforms, financial strength, and commitment to sustainable development are reinforcing its reputation as an attractive destination for international business. 

Qatar General Insurance & Reinsurance Company (QGIRCO) has received the ‘Most Innovative Motor Insurance Company in Qatar 2026’ award from the Global Business Outlook.The award honours QGIRCO’s continued investment in digital transformation, making online motor insurance one of the fastest and most affordable options in the Qatari market.QGIRCO has reimagined the insurance journey by launching a fully digital platform that allows customers to get quotes and issue policies within minutes. By integrating advanced OCR (Optical Character Recognition) technology and e-Data - an integrated database that provides all essential vehicle data, including its estimated value - the platform automatically extracts data from uploaded vehicle documents. This automated workflow eliminates manual paperwork, slashes processing times, and delivers a seamless customer experience.Aimen Azara, Group CEO of QGIRCO, said: “This recognition is a testament to our commitment to making insurance simpler, faster, and more accessible in Qatar. Our motor platform combines OCR and e-Data to transform a traditionally time-consuming task into a fast, intuitive experience completed in minutes. We are proud that our digital capabilities allow us to maintain top-tier service standards, reinforcing our vision to be a digitally advanced, customer-centric insurer in the region.”The accolade reflects QGIRCO’s broader strategy to modernise operations across underwriting, claims, and customer service. As market expectations evolve, QGIRCO remains dedicated to developing innovative solutions that simplify insurance and deliver greater value to policyholders across Qatar.Established in 1979 and listed on the Qatar Stock Exchange since 1997, QGIRCO is one of the most established and trusted insurers in Qatar, offering comprehensive insurance and reinsurance solutions to individuals, institutions, and corporate clients.Its diverse portfolio encompasses motor, property, marine, health, travel, life, and general insurance products, alongside specialised services in takaful, real estate, and investment management through its subsidiaries.Through continuous investment in technology and innovation, QGIRCO remains focused on delivering reliable, future-ready protection and exceptional customer experience. 

Second-quarter GDP growth upgraded to 3.3% paceInvestment in AI, consumer spending drive upward revisionWeekly jobless claims fall 5,000 to 229,000The US economy grew faster than initially thought in the second quarter, in part driven by business investment in intellectual property such as artificial intelligence, but tariffs on imports continued to cloud the outlook.The upgrade to gross domestic product reported by the Commerce Department on Thursday also reflected upward revisions to consumer spending as well as business investment in equipment. That resulted in a measure of underlying domestic demand also being revised higher. With the Federal Reserve focused on a softening labour market, economists expected the US central bank to resume cutting interest rates next month."I doubt this moves the needle for the Fed, but at the margin, these revisions work against the case for urgency to cut rates," said Stephen Stanley, chief US economist at Santander US Capital Markets.GDP increased at a 3.3% annualised rate last quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its second estimate. The economy was initially reported to have grown at a 3.0% pace in the second quarter. Economists polled by Reuters had expected GDP growth would be raised to a 3.1% rate.The economy contracted at a 0.5% pace in the January-March quarter, which was the first GDP decline in three years.The manner in which President Donald Trump's administration has implemented the tariffs, including escalations and 90-day pauses, has muddied the waters, making it challenging to parse economic data. A front-loading of imports as businesses rushed to beat the duties pulled down GDP in the first quarter before snapping back as the flow of foreign merchandise ebbed.Neither first- nor second-quarter GDP readings are a true reflection of the economy's health because of the wild swings in imports. To get a better read of the economy, economists are focusing on the final sales to private domestic purchasers measure, which excludes trade, inventories and government spending.This measure, also viewed by policymakers as a barometer of underlying economic growth, increased at an upwardly revised 1.9% pace last quarter, matching the first quarter's pace.Domestic demand was initially estimated to have grown at a 1.2% rate. The revision reflected upgrades to consumer spending, the economy's main engine, which is now estimated to have increased at a 1.6% rate. That was up from the previously reported 1.4% pace.Business spending on intellectual property products grew at a 12.8% rate, double the initially estimated 6.4% pace."Investment related to AI is helping mask some of the weakness elsewhere in the economy, but the good news is that there is little sign that this support is set to fade anytime soon," said Ryan Sweet, chief economist at Oxford Economics.Growth in business investment in equipment was upgraded to a 7.4% pace from the 4.8% rate estimated last month.Still, economists expect a lacklustre second half, which would limit economic growth to about 1.5% for the full year because of tariffs. That reading would be down from 2.8% in 2024.The BEA also reported that profits from current production with inventory valuation and capital consumption adjustments rebounded $65.5bn last quarter. Profits decreased $90.6bn in the January-March period.But further increases are likely to be hampered by Trump's protectionist trade policy, which has raised the nation's average import duty to its highest level in a century, inflicting pain on companies ranging from retailers to manufacturers.Caterpillar this month warned tariffs could cost the economic bellwether up to $1.5bn this year.In July, General Motors' second-quarter earnings took a $1.1bn hit from the duties and the automaker anticipated more pain in the third quarter. Clothing retailer Abercrombie & Fitch on Wednesday warned that higher tariffs on countries such as Vietnam, Indonesia, Cambodia and India would increase costs by $90mn this year.Fed Chair Jerome Powell last week signalled a possible interest rate cut at the central bank's September 16-17 policy meeting, in a nod to rising labour market risks, but also added that inflation remained a threat.The Fed has kept its benchmark overnight interest rate in the 4.25%-4.50% range since December.News on the labour market remained mixed, with a report from the Labor Department showing initial claims for state unemployment benefits decreased 5,000 to a seasonally adjusted 229,000 for the week ended August 23. The labour market is stuck in a no-hire, no-fire mode due to tariffs.The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 7,000 to a seasonally adjusted 1.954mn during the week ending August 16, the claims report showed. The so-called continuing claims data covered the week during which the government surveyed households for August's unemployment rate.Continuing claims rose slightly between the July and August survey weeks, leaving some economists expecting the unemployment rate will rise to 4.3% in August from 4.2% in July.