{
  "id": 8865541,
  "title": "Qatar’s non-hydrocarbon economy grows 3.5% amid regional challenges",
  "url": "https://urgent.news/2026/09/21/qatars-non-hydrocarbon-economy-grows-3-5-amid-regional-challenges",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T06:27:58.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/21/09/2026/qatars-non-hydrocarbon-economy-grows-35-amid-regional-challenges"
  },
  "original_language": "en",
  "account": "Doha, Qatar - Despite recent damage to liquefied natural gas (LNG) facilities, Qatar remains steadfast in its plans to expand its non-hydrocarbon economy, according to H E Sheikh Bandar bin Mohammed bin Saoud Al Thani, the country's Central Bank Governor and Chairman of the Qatar Investment Authority. In an interview with Bloomberg TV during the Qatar Economic Forum 2026 in New York, Sheikh Bandar highlighted Qatar's commitment to boosting its non-hydrocarbon sector, which has shown resilience amid regional challenges, growing by 3.5%.\n\nSheikh Bandar emphasized that Qatar's non-hydrocarbon sector has become a significant part of the country’s economy, now representing approximately 70% of its GDP, up from around 40% in 2011. The expansion of the non-hydrocarbon sector is bolstered by Qatar's strong external financial position, including substantial reserves managed by the Central Bank and the Qatar Investment Authority, a leading sovereign wealth fund.\n\nThe Qatar Investment Authority is pursuing a long-term investment strategy that focuses on technology, artificial intelligence, and innovation. The authority is particularly active in the United States, diversifying its portfolio across various sectors to foster sustainable growth. Sheikh Bandar also noted that the Qatar Central Bank is actively investing in artificial intelligence, with 18 projects currently underway, four of which have been successfully completed. These initiatives have already led to cost reductions and improved operational efficiency. Sheikh Bandar affirmed the bank's dedication to further advancing its AI capabilities to enhance its operations.",
  "summary": "<p>Doha, Qatar: Qatar remains committed to expanding its liquefied natural gas (LNG) production capacity despite damage sustained by LNG facilities, while the country’s non-hydrocarbon economy continues to demonstrate resilience amid regional challenges, Qatar Central Bank Governor and Qatar Investment Authority Chairman H E Sheikh Bandar bin Mohammed bin Saoud Al Thani said.</p> <p>Speaking to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}