Saad bin Sherida Al Kaabi\u00a0said in March<\/a>. He added at the time that the damage could affect operations for up to five years.<\/p>\n\u201cDespite the damage sustained by liquefied natural gas facilities, we are proceeding with our expansion plans,\u201d Al-Thani said.<\/p>\n
He added: \u201cWe are working on a new expansion project that will double our production capacity to 145 million tonnes per annum by 2030.\u201d<\/p>\n
Qatar builds financial strength, pursues new investment opportunities<\/p>\n
Al-Thani also noted that Qatar enjoys a strong external financial position, with substantial reserves at the QCB and one of the world\u2019s largest sovereign wealth funds. These factors bolster the country\u2019s ability to withstand challenges and capitalize on growth opportunities as conditions in the region improve.<\/p>\n
He added that the Qatar Investment Authority has adopted a long-term investment strategy aimed at generating sustainable value for future generations, with an increasing focus on technology, artificial intelligence, and innovation, particularly in the US, alongside continued investment across diverse sectors to support its diversification strategy.<\/p>\n
The governor underlined that QCB is implementing 18 artificial intelligence projects, four of which have been completed to date. These projects have contributed to cost reductions and accelerated workflows, underscoring the commitment to continued investment in this technology and the leveraging of its potential to enhance the bank\u2019s operations.<\/p>\n","protected":false},"excerpt":{"rendered":"RIYADH: Qatar\u2019s non-hydrocarbon economy now accounts for nearly 70 percent of gross domestic product, up from 40 percent…\n","protected":false},"author":2,"featured_media":631432,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-631431","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/631431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=631431"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/631431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/631432"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=631431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=631431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=631431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}