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.
“Infrastructure spending, a rising population and accelerating non-hydrocarbon growth makes Qatar better placed than other GCC countries to weather oil price changes. Financial services, transport, communications, hospitality and real estate stand to benefit as the economy grows.”