A new base for collaboration
The World Bank Group has launched its first office in Doha, a move that signals a deeper partnership with Qatar and a stronger push for cooperation on development, investment and regional stability. The opening marks a new chapter in the relationship between the two sides, as Qatar continues to position itself as an active player in global development and finance.
Based at the headquarters of the Qatar Fund for Development (QFFD) and working closely with the Ministry of Finance, the Doha office will act as a regional hub. Its work will focus on development financing, mobilising private capital and supporting countries affected by fragility and conflict across the region.
Speaking at the opening ceremony, World Bank Group President Ajay Banga said the new office reflects shared priorities and a growing alignment. He highlighted Qatar’s potential to support growth in neighbouring countries, while also helping channel private investment into emerging markets to drive jobs and long-term prosperity.
Strengthening ties with Qatar
Qatari officials described the office as both a symbolic and practical milestone. Minister of Finance H.E. Ali bin Ahmed Al-Kuwari said the move builds on a long-standing partnership and will contribute to national development goals. He noted that the office is expected to support capacity building, knowledge exchange and training opportunities for young Qataris.
The Doha office brings together several arms of the World Bank Group under one roof, including the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). This integrated presence is designed to improve coordination on development projects, risk management and private-sector investment.
Rwodah Ibrahim Al Naimi, Director of Investments at QFFD, said the broad representation within the office allows for deeper cooperation at both the national and international levels, creating a more effective platform for joint initiatives.
Driving investment in fragile economies
The office opening was accompanied by the signing of a memorandum of understanding between QFFD and the World Bank Group. The agreement aims to expand advisory services and explore new financing tools, with a particular focus on fragile and conflict-affected countries.
According to Al Naimi, a key goal of the partnership is to attract private sector participation in environments where investment is often scarce. By combining QFFD’s public funding with World Bank instruments such as guarantees, the collaboration seeks to reduce risk, support small and medium-sized enterprises and create sustainable jobs in some of the world’s most challenging markets.
