Qatar’s Net Wealth Reaches Record $765bn, Underscoring a Shift in Wealth Growth Dynamics
Qatar’s net wealth reached a record high of $765 billion in 2024, reinforcing the country’s position as one of the region’s most resilient and sophisticated wealth markets. According to The Global Wealth Report 2025: Rethinking the Rules for Growth by Boston Consulting Group, Qatar’s total financial wealth rose by 4.1% year-on-year, increasing from $408bn in 2023 to $424bn in 2024. While financial assets continued to expand, real assets declined by 6% in 2024, falling to $394bn, reflecting broader global recalibrations in real estate and non-liquid holdings. However, the outlook remains positive, with real assets projected to rebound to $434bn by 2029. Meanwhile, liabilities edged up modestly by 1.8%, rising from $52bn to $53bn, indicating a stable leverage environment. Investable Wealth Set for Strong Expansion One of the most significant findings of the report is the growth trajectory of investable wealth, which is forecast to increase from $324bn in 2024 to $409bn by 2029, representing a robust compound annual growth rate (CAGR) of 4.8%. Non-investable wealth is expected to grow at a more measured 3% CAGR, yet continues to demonstrate consistent momentum across the forecast period. This evolution highlights a maturing wealth landscape in Qatar, where liquidity, portfolio optimisation, and professional wealth management are playing an increasingly central role. From Market-Led to Capability-Led Growth While wealth continues to rise, the report emphasises that the drivers of growth are fundamentally changing. Historically, firms have relied heavily on favourable market performance, mergers and acquisitions, and aggressive advisor hiring to expand assets under management. However, these levers alone are no longer sufficient. The emerging constraint for many wealth management firms is not market opportunity—but their internal ability to capture and sustain growth. Firms that are gaining traction are those investing decisively in organisational capabilities rather than external expansion alone. Building Internal Engines for Organic Growth According to the report, organic growth is moving to the centre of the performance agenda. Leading firms are differentiating themselves by focusing on four high-impact internal levers: Technology is playing a pivotal role in enabling these shifts—allowing firms to scale advice models, personalise client journeys, and improve productivity across advisory teams. Leadership Insight: A More Sophisticated Wealth Market Commenting on the findings, Lukasz Rey, Managing Director and Partner at Boston Consulting Group, noted that Qatar’s wealth sector has reached a new level of maturity. He emphasised that success today is no longer defined by market exposure alone, but by the ability to generate sustainable internal growth. Firms that invest in advisor development, strengthen their market identity, and adopt next-generation client strategies are outperforming peers—not only in revenue growth, but also in achieving higher valuation multiples. Strategic Implications for Qatar’s Wealth Industry As Qatar continues to expand its financial ecosystem in line with national economic diversification goals, the findings signal a clear message for wealth managers, private banks, and financial institutions: future leadership will be defined by capability, not scale alone. With investable wealth accelerating and client expectations evolving, firms that successfully re-engineer their growth models will be best positioned to capitalise on Qatar’s next phase of wealth creation.
DOC Medical Center to Launch Pioneering Neurosciences Division as part of Qatar National Day celebrations
DOC Medical Center, one of Qatar’s leading institutions in specialised orthopaedics and neurological care, has announced the launch of its new DOC Neurosciences Division, marking a major milestone in the country’s evolving healthcare landscape. As part of the Qatar National Day celebrations, the new division reflects a national commitment to advancing world-class neurological and spinal care in the State of Qatar. The launch of DOC Neurosciences introduces a comprehensive, future-ready model for the diagnosis, treatment, and rehabilitation of complex brain, spine, and neurological disorders. The division brings together internationally recognised clinical expertise, cutting-edge surgical technologies, and patient-centric innovations under one integrated platform. Advancing Neurological and Spine Care in Qatar Designed to address the growing regional demand for sophisticated, minimally invasive neurological and spinal treatments, DOC Neurosciences is built on three core pillars: world-class surgical expertise, advanced medical technology, and holistic neuro-rehabilitation. The division represents a strategic investment in specialised care that aligns with Qatar National Vision 2030’s focus on healthcare excellence, innovation, and sustainable development. Mr. Khalid Ahmad A A Alshaibi, Chief Guest of Honour, commented:“Launching DOC Neurosciences on Qatar National Day is a powerful reflection of the nation’s spirit of progress. This initiative significantly strengthens Qatar’s healthcare capabilities and demonstrates a commitment to providing world-class, compassionate neurological care to the community.” Leadership Driving Clinical Excellence Dr. Emmanuel Tolessa, Founder and Chairman of DOC Medical Center, stated:“This is more than an expansion; it is the realisation of a long-standing vision to centralise exceptional neuro-spine care. By bringing together some of the world’s leading specialists and technologies under one roof, DOC Neurosciences will redefine the standard of care for patients in Qatar and the wider region.” Leading the division is Dr Sirajeddin Belkhair, Director of DOC Neurosciences and Senior Consultant Neurosurgeon, who emphasised the role of precision and innovation in modern neurosurgery. He highlighted the use of advanced neuronavigation systems such as Brainlab (Germany) to enhance surgical accuracy, patient safety, and clinical outcomes, particularly in complex brain tumour and neurological procedures. Complementing this approach, Dr. Ashraf Megahed, Medical Director and Senior Consultant Neurosurgeon, brings a specialised focus on minimally invasive and endoscopic spine surgery, offering advanced solutions for conditions such as herniated discs, spinal stenosis, and degenerative spine disorders—often enabling faster recovery and outpatient-level care. Revolutionising Patient Experience Through Augmented Reality In a first for Qatar’s private healthcare sector, DOC Neurosciences will introduce an Augmented Reality (AR) platform to transform patient education and engagement. Through immersive 3D visualisation of patient-specific anatomy, clinicians can clearly explain diagnoses and treatment plans, empowering patients and families to actively participate in their care journey. Integrated Neuro-Rehabilitation for Complete Recovery True to DOC Medical Center’s holistic philosophy, the Neurosciences Division is fully integrated with a specialised Neuro-Rehabilitation Department, ensuring seamless continuity of care from surgery through recovery. The multidisciplinary rehabilitation team focuses on restoring mobility, independence, and quality of life—completing the full spectrum of neuroscientific care. With the launch of DOC Neurosciences, DOC Medical Center reinforces Qatar’s position as a rising regional hub for advanced neurological care, spinal surgery, and medical innovation, setting a new benchmark for excellence in patient-focused healthcare.
DOC Medical Center – Izghawa Branch Launches Qatar’s Flagship MBST Regenerative Therapy Center in Joint Venture with Nabina Group
DOC Medical Center has officially launched its new Izghawa Branch, establishing Qatar’s first flagship hub dedicated to MBST® (Molecular Biophysical Stimulation) regenerative therapy through a landmark Joint Venture with Nabina Group’s Healthcare Division. The center positions Qatar at the forefront of non-invasive regenerative medicine in the GCC, reinforcing the nation’s growing influence as a regional healthcare innovation leader. The new facility will serve as the country’s premier destination for this groundbreaking German MBST technology, offering evidence-based therapy for chronic pain, arthritis, osteoporosis, sports injuries, spine conditions, and degenerative musculoskeletal diseases. As the MBST Master Licensee for the entire GCC, Nabina Group’s partnership with DOC Medical Center creates a transformative model of collaboration aimed at expanding the therapy across the GCC and Africa. This launch aligns with Qatar National Vision 2030, advancing national goals in health innovation, wellness, active ageing, and knowledge-based economic development. A Strategic Joint Venture Driving GCC-Wide Medical Innovation Mr Mansoor Nabina, CEO of MBST Qatar and Healthcare Division Lead at Nabina Group, highlighted the regional significance of the partnership: “As the MBST Master Licensee for the GCC, our Joint Venture with DOC Medical Center establishes the Izghawa Branch as the cornerstone of our regional expansion strategy. This is more than opening a clinic — it is the activation of a regional gateway for MBST regenerative technology. Our vision spans across the GCC and into Africa, and DOC Medical Center – Izghawa will serve as the model for clinical excellence, patient outcomes, and therapeutic innovation. We are proud to bring world-class, non-invasive regenerative solutions to Qatar and beyond.” Through this partnership, the center will offer exclusive MBST treatment protocols, supported by advanced diagnostics and patient-monitoring systems designed to deliver superior regenerative outcomes without surgery or medication dependency. Leadership Insight: Transforming Qatar’s Healthcare Landscape Dr Emmanuel Tolessa, Founder and Chairman of DOC Medical Center Qatar, emphasised the national health impact: “The introduction of MBST technology through DOC Medical Center – Izghawa is a milestone in advancing Qatar’s healthcare standards. By partnering with Nabina Group, we ensure access to the most advanced regenerative medicine protocols. This innovation has the potential to significantly reduce invasive procedures and long-term medication use while improving the quality of life for patients living with chronic musculoskeletal conditions. With Qatar’s ageing population and increasing prevalence of joint and spine disorders, the new center will play a vital role in addressing national health priorities and supporting long-term wellbeing.” The Izghawa Branch will serve as the primary clinical and training hub for MBST therapy, enabling healthcare professionals across the region to access specialised certification, research insights, and application techniques. A New Era of Regenerative Medicine in Qatar The launch of the DOC Medical Center – Izghawa Branch marks a bold step forward in Qatar’s commitment to integrating cutting-edge medical technology, non-invasive regenerative therapy, and patient-centered healthcare innovation. With MBST now accessible through this flagship center, Qatar stands poised to become the GCC’s leader in regenerative medicine, musculoskeletal health, and advanced therapeutic solutions, offering life-changing treatments for residents, athletes, seniors, and individuals seeking long-term recovery without surgery.
MENA Fintech & Insurtech Festival 2025: Qatar Takes Center Stage in Regional Financial Innovation
The MENA Fintech & Insurtech Festival 2025 officially opened at the Doha Exhibition & Convention Centre (DECC), igniting two days of high-impact dialogue, innovation showcases, and strategic collaboration opportunities that are redefining the financial technology and insurance technology landscape across the region. Bringing together global fintech innovators, insurtech leaders, investors, regulators, and policymakers, the festival has quickly established itself as a major platform for advancing the future of finance in Qatar and the wider MENA region. Driving the Future of Financial Innovation in Qatar Day One delivered a dynamic program of keynote speeches, expert-led panels, and immersive workshops. Discussions explored some of the most powerful forces shaping the industry today, including: These conversations highlighted Qatar’s rapidly growing role as a regional hub for digital finance, regtech, blockchain, and AI-driven financial inclusion. What to Expect on Day Two The momentum continues with an exceptional lineup of thought leaders who will dissect the industry’s most transformative topics: Attendees will gain forward-looking insights from industry pioneers shaping the next decade of fintech and insurtech innovation across MENA. A Regional Platform for Growth and Collaboration “As the fintech landscape evolves at an unprecedented pace, our goal is to create a platform that accelerates collaboration, innovation, and regulatory clarity across the MENA region,” said Malik Shishtawi, President of the MENA Fintech & Insurtech Festival. “This festival brings together the brightest minds, the most forward-thinking institutions, and the next generation of startups driving the digital economy.” A Cornerstone Event in the Digital Transformation Landscape Since its inception, the MENA Fintech & Insurtech Festival has become one of the region’s most influential events—championing: The 2025 edition reinforces Qatar’s rising position as a strategic center for fintech leadership, insurtech advancement, and digital transformation.
Qatar Travel Mart 2025 Invites Global Industry Leaders to Shape the Future of Tourism
As global travel and tourism enter a new era of expansion, Qatar Travel Mart (QTM) 2025 invites industry leaders, tourism professionals, and global travellers to experience a world of destinations, ideas, and opportunities—all under one roof in Doha. Held under the esteemed patronage of His Excellency Sheikh Mohammed bin Abdulrahman Al Thani, Prime Minister and Minister of Foreign Affairs, this year’s edition is set to be one of the most influential gatherings in the global travel and hospitality sector. QTM 2025 brings together the world’s leading voices, fostering collaboration and showcasing the role of tourism in connecting cultures and driving sustainable economic growth. A Record-Setting Platform for Qatar’s Tourism Ambitions Building on last year’s outstanding success—10,000+ visitors, 300+ exhibitors from 60+ countries, 300+ hosted buyers, and 50+ global speakers—QTM 2025 returns with an expanded vision for the future of tourism. This year’s event will unite stakeholders across ten key tourism sectors, reinforcing QTM’s position as a global hub for travel innovation, hospitality leadership, and destination development. Organised by NeXTfairs, and supported by an impressive lineup of partners—including Visit Qatar as Strategic Partner, Katara Hospitality as Founding Partner, The Ned Doha and Retaj Hotels & Hospitality as Platinum Sponsors, West Walk as Gold Sponsor, Qissatec as Silver Sponsor, and Mowasalat as Official Transport Partner—QTM 2025 reflects Qatar’s growing status as a world-class destination for leisure, culture, business, and events. Industry Leaders Share Their Vision Max Binda, Managing Director of The Ned Doha, highlighted Qatar’s growing global appeal:“Qatar Travel Mart is a powerful platform to showcase how Qatar blends heritage, art, and hospitality. We are honoured to contribute to a country that continues to evolve as a global hub for culture and travel.” Medhat Nouby, CEO of Retaj Hotels & Hospitality, added:“Being a Platinum Sponsor of QTM 2025 reinforces our commitment to elevating Qatari hospitality on the world stage. The event provides a strategic platform to share our regional growth, partnerships, and new developments.” As a Silver Sponsor, Qissatec brings a visionary approach to cultural technology. Founder & CEO Sheikh Suhaim Ahmed S. J. Al Thani said:“At Qissatec, we believe every place has a soul. Through the Qissatec App, we connect people to the stories behind every destination—preserving heritage, inspiring discovery, and transforming every journey into an emotional, immersive experience.” A Global Showcase of Destinations and Innovation QTM 2025 will welcome a diverse lineup of international tourism boards, country pavilions, and destination brands, offering a vibrant showcase of global travel potential. Visitors can explore new markets, discover investment opportunities, and engage with partners from across the world. This year’s edition provides a unique platform for understanding how innovation, collaboration, and sustainability are reshaping the future of global tourism. QTM Conference: Three Days of Insight and Inspiration A major highlight of QTM 2025 is the QTM Conference, curated in partnership with the World Leisure Organisation. Spanning three thematic days, the conference will explore the future of tourism through the lenses of: Day 1: Culture & Heritage Tourism Celebrating the stories, identities, and shared human experiences that define global destinations. Day 2: Hospitality & Sustainability A deep dive into how design, digital transformation, and green practices are reshaping the modern hospitality landscape. Day 3: Events, Wellness & Health Tourism Exploring how events and wellness experiences can drive economic growth, enhance well-being, and strengthen destination competitiveness. Industry leaders, innovators, policymakers, and tourism experts will share insights, real-world strategies, and future-focused ideas that reflect the travel industry’s rapid transformation. Final Call to Register With just one week left to register, QTM 2025 is set to be an unmissable global event for tourism boards, hospitality brands, travel professionals, investors, and travellers passionate about the future of tourism. Qatar Travel Mart 2025 is more than an exhibition—it is a gateway to global opportunity, a celebration of cultural exchange, and a platform shaping the next chapter of international tourism.
Health Minister Inaugurates Qatar Medicare 2025 with Participation of 100 Companies
Organised by IFP Qatar in Collaboration with Qatar Chamber H.E. Mr Mansoor bin Ebrahim bin Saad Al Mahmoud, Minister of Public Health, inaugurated the second edition of Qatar’s International Healthcare and Medical Exhibition and Conference – Qatar Medicare 2025, held under the patronage of the Ministry of Public Health (MoPH). The event, organised by IFP Qatar in collaboration with Qatar Chamber, runs from November 11 to 13, 2025, at the Doha Exhibition and Convention Center (DECC), bringing together 100 local and international companies from across the healthcare ecosystem — including 64 local exhibitors and 36 global participants. This year’s edition showcases the latest advancements in healthcare innovation, medical technology, and sustainable health systems, featuring healthcare professionals, hospital representatives, medical service providers, technology experts, and investors from around the world. Public-Private Collaboration in Healthcare Ms Ibtihaj Al Ahmadani, Chair of the Health Committee at Qatar Chamber, reaffirmed the Chamber’s support for achieving self-sufficiency in Qatar’s healthcare and pharmaceutical sectors. “The Qatar Chamber is committed to achieving self-sufficiency in the medical and pharmaceutical sectors. Qatar Medicare reflects the strong public-private collaboration driving Qatar’s healthcare landscape,” Al Ahmadani said. She noted that this year’s event includes the participation of key governmental and semi-governmental entities, such as Hamad Medical Corporation (HMC), as the official partner, and the Ministry of Communications and Information Technology (MCIT), as the government partner. International representation spans 14 countries, featuring leading global organisations including the Africa Centres for Disease Control and Prevention (Africa CDC), UNESCO, World Health Organisation (WHO), and the International Labour Organisation (ILO), alongside numerous regional and private-sector partners. According to Fitch Solutions, Qatar’s healthcare sector is set for rapid expansion, with total health expenditure projected to grow at a CAGR of 14% by 2029, reaching USD 11.5 billion (QAR 41.86 billion) — positioning Qatar as the third-largest healthcare market in the GCC and tenth in the MENA region. Comprehensive Conference Agenda Ms Hayat Bayan, Commercial & Operations Director at IFP Qatar, outlined the dynamic structure of the three-day event, which features over 55 speakers, 25 presentations, five dialogue sessions, and four workshops. “Qatar Medicare includes daily one-on-one meetings between exhibitors and major hospitals, panel discussions, workshops, and an Open Stage segment that allows professionals to share their expertise. The event will conclude with the Qatar Medicare 2025 Healthcare Excellence Awards, recognising 15 categories of outstanding healthcare institutions and professionals,” Bayan said. She highlighted that the conference addresses key themes, including: Industry Voices and Strategic Partnerships Mr Nasser Mohammed Al Hajri, Chairman of Al Jazira Medical Group and Platinum Sponsor of the event, emphasised the importance of innovation and collaboration: “We will showcase our latest healthcare technologies and services while strengthening partnerships with the public sector. Our strategy focuses on expanding in the local market to meet Qatar’s growing healthcare demands.” Dr Zainab Al Moosa, CEO of Almoosa Specialist Hospital, noted the group’s participation as part of its regional growth strategy: “As a leading healthcare provider in Saudi Arabia, we aim to explore new opportunities for joint collaboration and expansion across the region through our participation in Qatar Medicare.” Dr Hadi Mohamad Abu Rasheed, Scientific Advisor at the Qatar Cancer Society (QCS), stressed the organisation’s commitment to raising public awareness and advancing cancer prevention: “As a Silver Sponsor, QCS is reinforcing its awareness role, focusing on cancer prevention, early detection, and public education. The event also allows us to explore partnerships that enhance healthcare innovation and improve the quality of life for patients.” Driving Innovation and Healthcare Excellence Qatar Medicare 2025 serves as a dynamic platform to connect innovators, policymakers, and investors, creating new opportunities for knowledge exchange and growth within the healthcare sector. Through its robust agenda, international participation, and collaboration between government and private stakeholders, the event underscores Qatar’s growing role as a regional hub for healthcare innovation and investment. Organised by: IFP QatarIn Collaboration with: Qatar ChamberVenue: Doha Exhibition & Convention Center (DECC)Dates: November 11–13, 2025
Qatar Medicare 2025 to Kick Off on November 11 at DECC
100 Local and International Companies to Participate in Qatar’s Leading Healthcare Exhibition The Qatar Chamber has announced the second edition of Qatar Medicare, the country’s premier international healthcare and medical exhibition and conference, taking place from 11–13 November 2025 at the Doha Exhibition and Convention Center (DECC). Organised by the Qatar Chamber in collaboration with IFP Qatar, and held under the patronage of the Ministry of Public Health, Qatar Medicare 2025 will bring together 100 exhibitors — including 64 local and 36 international companies from 14 countries — representing health professionals, hospitals, medical service providers, technology experts, and investors. Driving Innovation and Global Collaboration in Healthcare In his remarks, Ali Saeed Bu Sharbak Al Mansouri, Acting General Manager of Qatar Chamber, stated: “Qatar is witnessing remarkable progress in its healthcare sector, becoming one of the leading destinations for medical tourism in the Middle East. Qatar Medicare serves as a key platform to forge partnerships, attract investment, and enhance the sector’s global competitiveness — in line with the Third National Development Strategy and Qatar National Vision 2030.” Qatar: A Global Hub for Healthcare Innovation H.E. Sheikh Dr Mohammed bin Hamad Al Thani, Director of the Department of NCDs Prevention Programs at the Ministry of Public Health, emphasised Qatar’s rise as a global hub for healthcare innovation, noting that the Third National Health Strategy (2024–2030) focuses on quality, sustainability, and clinical excellence. According to Fitch Solutions, Qatar’s healthcare expenditure is projected to grow at a 14% compound annual rate by 2029, reaching USD 11.5 billion, making Qatar the third-largest healthcare market in the GCC and tenth in MENA. Expanding Participation and International Recognition Hayat Bayan, Commercial & Operations Director at IFP Qatar, said: “Qatar Medicare 2025 highlights the latest healthcare innovations and connects professionals, companies, and institutions worldwide. This year’s edition features strong international participation from 14 countries and institutions, including WHO, UNESCO, Africa CDC, and the International Labour Organisation.” The event features 40 expert speakers, 25 presentations, five panel sessions, and four workshops, concluding with the Qatar Medicare 2025 Healthcare Excellence Awards, which honour top-performing institutions and professionals. Industry Leaders at the Forefront A Global Platform for Healthcare Excellence Qatar Medicare 2025 underscores Qatar’s leadership in medical innovation, digital transformation, and public-private partnerships. Ranked first in the Arab world and 21st globally in the 2025 Healthcare Index, Qatar continues to build a world-class healthcare ecosystem, recognised by the WHO as the first nation where all municipalities are certified as Healthy Cities. Event Dates: 11–13 November 2025Venue: Doha Exhibition and Convention Center (DECC), Qatar
2024 Formula 1 Qatar Grand Prix
Race:Esteban started from P20 on New Mediums, DNF Pierre started from P11 on New Mediums, finished P5:Pit-Stop on Lap 35 for New Hards. Fastest Lap: 1min 23.705secs. Esteban Ocon: “Unfortunately it was a disappointing weekend and a short race for me today in Qatar. I had a good start to the race and had passed Franco [Colapinto]; I was on the left side of Nico [Hülkenberg] but I was at the wrong place at the wrong time. It got very narrow and unfortunately, I was already on the outside when the collision occurred and our race was then over. It was a race incident and not something that we wanted today.” Pierre Gasly: “It was an incredible race today to finish in fifth place and I’m very happy for all the team. I felt like we managed the race well right from the beginning. It was a tough start but we had the pace to stay with Kevin [Magnussen] and once he pitted it was flat out for us lap after lap. In the end, with the Safety Car, we pitted for Hards and then had to keep Carlos [Sainz] behind all the way until the chequered flag. It was certainly an enjoyable race, the car felt good, we were competitive and I was quite confident to hang on to that fifth place. We go into the final round in the fight for the Constructors’ Championship and we have to be ready for it.” Oliver Oakes, Team Principal: “It was a well-managed and well executed race by the entire team today to score ten points in fifth place with Pierre. For Esteban he was caught in a Turn 1 incident, which was not his fault. The race was incredibly fast paced with a lot of action up and down the field. Pierre did well to stay in the pack in the hunt for points early on and then benefitted with the timing of the Safety Car, like many others, for his mandatory stop. He did an even better job to keep Carlos [Sainz] at bay for fifth place all while managing the tyres and doing some fuel saving. Importantly, we go to the season ending race in sixth place in the Constructors’ Championship with a small advantage and the target has to be to remain in that position.”
