The non-oil sector in Qatar achieved a growth of 9.9% and the oil sector recorded an increase of 4.8% in Q4 2022, according to Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al Thani, at the Qatar Economic Forum. Qatar marked strong services sector activity amidst the FIFA World Cup hosting in November-December 2022. Al Thani said the gas-rich Gulf state’s efforts have led to the establishment of strong financial institutions and the creation of the foundations for a work environment that encourages the growth of business and a significant increase in the volume of domestic and foreign investments.