ablcc_newsletter-December 2022

5 The 20th November 2022, which marks the start of the “FIFAWorld Cup Qatar 2022”, is definitely a date to remember. Indeed, in addition to the fact that it is the smallest host country to ever organize the event, the State of Qatar is also the first Arab state to host the prestigious FIFA World Cup; the first-ever to have taken place in the MENA region and which will undoubtedly have an impact beyond the borders of Qatar. The preparations for this highly-awaited event have already provided many business opportunities and it will obviously not end there! More than a mere Major sport event, FIFAWorld Cup 2022 will play a key role in enabling companies of all sizes from around the world to unlock attractive business opportunities. With over a million fans expected to attend the world cup, the event will accelerate growth in diverse sectors such as travel and tourism, hospitality and infrastructure, which falls in line with Qatar’s National Vision 2030. What is more, in its endeavour to diversify its economy away from the oil and gas sector, Qatar is fully recognized as a rewarding environment for investments in the global economy, offering infinite business opportunities to foreign businesses and, more particularly, Belgian and Luxembourg companies. The Arab-Belgian-Luxembourg Chamber of Commerce saw in this celebration a timely occasion to put the spotlight on the State of Qatar, which is among the 1st economic partners of Belgium. Therefore, with a view to give our members and friends a clear picture of the rapidly evolving business environment in the country, we have gathered a comprehensive investigationmaterial, startingwith an exclusive interviewwith His Excellency Mr. Khalid Fahad A.A. AL-HAJRI, Ambassador of the State of Qatar to the Kingdom of Belgium and the Grand Duchy of Luxembourg; followed by a unique economic and commercial activities guide1. 1 The Qatar economic and commercial activities guide 2022 has been published under the copyright of the Qatar Chamber. Its content is here reproduced in part with the permission of Mr. Saleh bin Hamad Al Sharqi, Director General of the Qatar Chamber.

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