Doha, December 12 (QNA) - HE CEO of Investment Promotion Agency Qatar (Invest Qatar) Sheikh Ali bin Al Waleed Al-Thani has described the country's National Day as a moment for citizens to celebrate their identity, unity and the values on which the state was founded.

Speaking to Qatar News Agency (QNA), HE the CEO of Invest Qatar said the annual celebration reflects the pride of belonging to the homeland and showcases the nation's achievements across key sectors. He added that the occasion reinforces Qatar's commitment to sustainable development under the Third National Development Strategy, which aims to strengthen the country’s global standing.

HE Sheikh Ali said National Day also serves as a reminder of the sacrifices of Qatar's founders and the accomplishments realized under the country's leadership. He emphasized that the day fosters social cohesion and encourages citizens to contribute to national development "with a spirit of responsibility and solidarity".

Outlining the agency's progress in 2024, Sheikh Ali said Invest Qatar had made "significant strides" in attracting foreign investment and promoting economic diversification. The agency took part for the first time with its own pavilion at the World Economic Forum in Davos, showcasing Qatar's competitive advantages to international investors.

Invest Qatar also concluded a series of strategic partnerships with global companies including WPP, Level Infinite, Quantinuum, Schneider Electric, Ardian, Silian, Yuno, Naseej for Technology and East-West Digital, supporting their entry or expansion in the Qatari market.

Internationally, the agency strengthened cooperation with organizations such as Invest India, ProColombia, StartUp Portugal, Uzbekistan's Ministry of Digital Technologies, and the Hong Kong Trade Development Council.

As part of efforts to attract high-value investments, the agency launched a USD 1 billion incentives program, targeting priority sectors aligned with Third National Development Strategy.

HE Sheikh Ali highlighted the agency's push towards digital transformation, including the deployment of Ai.SHA - an AI-powered virtual assistant developed with Microsoft's Azure OpenAI service to support investors with real-time guidance.

Other initiatives include the expansion of Invest Qatar digital portal and the introduction of the Foreign Direct Investment Projects Observatory, an interactive dashboard designed to enhance transparency and support data-driven decision-making.

The agency plans to intensify its efforts in 2025 by expanding strategic partnerships, adopting advanced digital solutions and launching sector-specific initiatives to reinforce Qatar's position as a global investment hub.

Sheikh Ali stressed that the agency remains committed to supporting Qatar's long-term development goals, contributing to economic diversification and fostering sustainable growth. (QNA)