Doha, January 28 (QNA) - Web Summit Qatar 2025 generated approximately QAR 807 million in economic returns within the State of Qatar, according to a report by global consulting firm Silverlode. Findings underscore the summit's expanding role in advancing Qatar's economic diversification agenda, in line with Qatar National Vision 2030.

According to the report, total visitor spending exceeded QAR 303 million, with an average daily spend of QAR 2,294 per person over an average stay of six days in Doha, alongside 66,000 hotel nights and more than 19,000 airline tickets booked, contributing to the country's hospitality, aviation, and service sectors.

HE Sheikh Jassim bin Mansour bin Jabor Al-Thani, Director of the Government Communications Office (GCO) said: "Web Summit Qatar is a strategic driver of Qatar's economic diversification goals, strengthening the nation's position as a global hub for technology and innovation. This role will grow as we continue to build partnerships that support a diverse, competitive, and sustainable economy, in line with Qatar National Vision 2030."

He added: "The overwhelming success and global turnout reflect growing investor and business trust in Qatar's economic environment and world-class infrastructure, reinforcing our regional and global standing as a centre for innovation and entrepreneurship."

Hamad Madi Al Hajri, a member of the Permanent Web Summit Organising Committee representing the Ministry of Finance, said: “The economic benefits of Web Summit Qatar 2025 highlight the event's strong impact on the national economy, driven by increased tourism spending and growth across the aviation and hospitality sectors. This underscores the summit's success in supporting economic diversification and enhancing the contribution of major events to the GDP.”

He added: "These results highlight Qatar's ability to maximise the economic returns of hosting major events by leveraging them as effective instruments within its fiscal and development policies. This enhances spending efficiency, expands non-traditional revenue streams, and strengthens integration across economic sectors. The summit also serves as a successful model for embedding global events into long-term financial planning, delivering sustainable impact that extends beyond the event itself."

Qatar Financial Centre also played a key role in the summit, attracting more than 1,600 companies from the digital, fintech, and innovation sectors. Incentives offered around registration, annual fees, and competitive tax advantages aligned with international standards.

Scheduled to take place from 1–4 February, Web Summit Qatar 2026 is expected to convene more than 30,000 attendees from 124 countries. With robust local engagement and wide international participation, the summit reinforces Qatar's position as a global hub for innovation and technology, while affirming its capacity to host major events that advance the national economy and support the business environment locally and regionally, in line with the Third National Development Strategy. (QNA)