The World Bank Group has officially launched its first office in Doha, marking a new stage in its partnership with Qatar and highlighting the country’s growing role in global development and finance.
The opening, held on Sunday, reflects closer collaboration between the World Bank Group and Qatari institutions, with an emphasis on development funding, private investment and support for countries affected by fragility and conflict. The office is hosted at the headquarters of the Qatar Fund for Development (QFFD), in coordination with the Ministry of Finance.
World Bank Group President Ajay Banga said the move demonstrates a shared commitment to expanding cooperation. He noted that Qatar plays an important role in supporting growth in neighboring countries while helping channel private capital into emerging markets to drive jobs, prosperity and long-term economic stability.
A Regional Base for Cooperation
The Doha office is intended to act as a regional hub, strengthening coordination between the World Bank Group and Qatari partners. During his visit, Banga said discussions focused on widening cooperation not only with government entities, but also with financial institutions and development partners across Qatar.
By establishing a permanent presence in Doha, the World Bank Group aims to enhance its engagement across the region while working more closely with local stakeholders on development priorities.
Supporting National Vision and Talent
Qatari officials described the office opening as a key milestone in a long-standing relationship. Minister of Finance H.E. Ali bin Ahmed Al-Kuwari said the new office reflects how far the partnership has come and is expected to contribute to Qatar’s economy and national development goals.
He added that the office would support capacity building and provide training opportunities for young Qataris, aligning with the objectives of Qatar National Vision.
Driving Investment in Fragile Economies
The Doha office brings together several arms of the World Bank Group, including the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), allowing for closer coordination on development projects, risk management and private investment.
Alongside the opening, QFFD and the World Bank Group signed a memorandum of understanding to strengthen advisory services and explore new financing tools, particularly for fragile and conflict-affected countries. QFFD officials said the partnership aims to attract private sector participation where capital is most difficult to mobilise, by combining public funding with World Bank instruments to support small and medium-sized businesses and create jobs.
