Qatari Finance Minister Ali bin Ahmed al-Kuwari said that his country's economy achieved a fiscal surplus in the first quarter of this year, amounting to 13 billion riyals (equivalent to 3.5 billion dollars).
And he expected - in a statement to Al Jazeera on the sidelines of the Qatar Economic Forum - that the current fiscal year will witness an increase in revenues, due to the rise in energy prices and government measures to rationalize spending.
The Qatari Minister of Finance ruled out any recession in his country's economy after the end of the 2022 World Cup, and explained that Doha is adopting a long-term economic plan based on investment in various economic sectors.
For his part, Mansour bin Ibrahim Al Mahmoud, CEO of the Qatar Investment Authority - the country's sovereign wealth fund - confirmed that Qatari investments in Russia have not been affected by international sanctions so far.
He said - during a session at the Qatar Economic Forum - that his country is committed to those sanctions, and indicated that Doha has investments in the Russian company "Rosneft", which is not among the Western sanctions.
CEO of Qatar Investment Authority: Qatari investments in Russia have not been affected by international sanctions so far
Al-Mahmoud explained that since 2018, Qatar has begun to pay attention to investing in the technology and health sectors in the United States of America and other regions of the world.
He revealed that the Qatar Investment Authority is studying partnership with the CEO of Tesla, the American billionaire Elon Musk, and that he is preparing an agreement in this regard.
As for the Chairman of Damac Real Estate Company, Hussain Sajwani, he expected that the rise in energy prices and political stability would lead to the recovery of the real estate sector in the GCC countries.
He told Al Jazeera on the sidelines of the forum that the real estate sector in Qatar has elements that qualify it for a second boom in the foreseeable future.