Qatar PM labels US-Israel war impact on Iran as earthquake, announces investment shift

Sheikh Mohammed bin Abdulrahman Al Thani addressed the United Nations General Assembly on Tuesday, using the platform to unveil a major adjustment to Qatar’s investment strategy. The foreign minister highlighted that the State of Qatar will reorient a substantial portion of its sovereign wealth fund toward sectors that align with global sustainability goals, including renewable energy, green infrastructure, and climate‑resilient technologies.

The shift marks a departure from the country’s traditional emphasis on hydrocarbon‑related assets and reflects broader efforts to diversify the national economy amid fluctuating oil prices and increasing international pressure for environmentally responsible investment. Qatar’s Ministry of Finance indicated that the new policy will be implemented over the next five years, with targeted allocations to projects that meet environmental, social and governance (ESG) criteria, while maintaining a balanced portfolio to safeguard fiscal stability. The announcement underscores Qatar’s intent to position itself as a proactive participant in the global transition to a low‑carbon economy.