Investing for growth
Qatar is one of the Gulf’s most resilient growing economies thanks to its government’s determination to diversify away from oil and gas. As other parts of the Qatari economy expand they have overtaken hydrocarbons which now accounts for less than 40% of GDP. Despite oil price fluctuations the government is continuing with its massive long-term infrastructure investment, funded from oil and gas revenues and accumulated budget surpluses, which recycles capital into the private sector and encourages further development of the financial, leisure, healthcare and transport sectors. Qatar has settled down to a steady economic growth level predicted to be 7% in 2015 and 7.5% in 2016, making it one of the fastest growing and most consistent emerging market economies in the world. Despite this positive outlook, Qatar's stock market remains attractively valued compared to others in the Gulf region, particularly in respect of its dividend yield.
Qatar Investment Fund (‘QIF’ or ‘The Company’) conducts its affairs so that its shares can be recommended by independent financial advisers (‘IFAs’) to retail private investors.
The Qatar Exchange is growing fast and will soon be elevated to Emerging Market - from Frontier Market - status by MSCI which will widen the number of potential investors for the fund.