Sheikh Faisal bin Qassim Al Thani talks of effects of greater competition in exclusive Oxford Business Group interview

"With the opening up of the market and subsequent increases in competition, new opportunities are being created on a daily basis in the country," he said.

"It also leads to a healthy economy and attracts more human capital, which is vital for continued development and diversification. Competition brings with it an increase in the quality of service and leads to dynamic markets that are more stable and sustainable over the long term. It benefits the economy at all levels with the end user seeing the most positive effects."

Sheikh Faisal said that international partnerships have allowed companies to develop existing businesses to international standards as well as expand their operations locally, regionally and globally.

He added:

"Qatar is seeing the emergence of more industry related activities. Most industrial developments are related to the petrochemical industry and to construction input materials. Industrial development should continue to pick up the pace in the years to come."

The interview with Sheikh Faisal is one of a series of exclusive interviews with key officials and business leaders in what is considered the most extensive, independent, unbiased and authoritative review of Qatar available.

Rated as the premier guide for foreign direct investment into the country's vibrant economy, The Report is an invaluable guide to the many facets of Qatar, including its macroeconomics, infrastructure, political landscape, banking and sectoral developments, and presents a remarkably in depth profile of the country.

OBG is working in collaboration with local partners to compile the research: Qatar National Bank for capital markets and Clyde and Co for legal affairs.

The 200 page publication, with an international distribution of 71,000, is being produced by a team of six OBG analysts based in Doha for six months, who conducted some two hundred interviews with leading political and economic figures.
26% of its subscribers are in energy, 24% in financial institutions, 23% in real estate and construction, 14% in industry, and 10% in IT and telecommunications. 25% of them are in Europe, 21% in GCC and the Middle East, 20% in North America, 15% in Asia, and 13% in North Africa.