FIFA World Cup 2022 means so much to Qatar in terms of expos...| MENAFN.COM

Thursday, 01 December 2022 07:21 GMT

FIFA World Cup 2022 means so much to Qatar in terms of exposure to world


(MENAFN) FIFA World Cup Qatar 2022 is going to present the nation’s organization to the whole world and is going to put Qatar on the worldwide map to become the epicenter of tourism as well as the business center, as stated by a representative throughout an online event, lately.

Commercial Bank in partnership with Euromoney organized a virtual event with the title: ‘Qatar: Outlook and Opportunities Before and After FIFA World Cup Qatar 2022’ which highlighted Qatar’s macro-viewpoint – gas, tourism, finance, investment; what FIFA World Cup 2022 is going to signify for Qatar – economy, image, investment; in addition to the legacy of World Cup 2022 – before the tournament plan and opportunity.

Dr Leonie Lethbridge, EGM, head Operating Officer at Commercial Bank stated that “In terms of the World Cup it is a culmination of 12 years of activity since the bid was won in 2010 and more than $200bn has been spent on the infrastructure. The independent assessments would say that the infrastructure is world class that has created huge benefits for the economy in terms of ability to diversify and in underpinning long term sustainable growth.”

Adding that “Also, this year there has been immediate hike in terms of benefits across many sectors such as financial services, real estate, and tourism. I think the multiplier effect across multiple sectors of the economy is very powerful.

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