Qatar's Web Summit 2026 generates QR1.02 billion in economic returns
Qatar's Web Summit 2026 generates QR1.02 billion in economic returns

Doha: Web Summit Qatar 2026 generated approximately QR1.02 billion in direct and indirect economic returns, a 26 percent increase from the previous edition, according to a report by global advisory firm Silverlode. The event contributed about QR661 million to GDP, a 25 percent rise.

The report said total visitor spending reached approximately QR341.1 million, with an average daily spend of QR2,525 per person and an average stay of six days. The summit, hosted in Doha from February 1-4, recorded 86,000 hotel nights and about 26,000 airline tickets booked, supporting the hospitality, aviation, transport and wider services sectors.

Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office and Chairman of the Permanent Web Summit Organising Committee, said the summit has become a strategic driver of diversification, strengthening Qatar's economic competitiveness by attracting investment, companies and entrepreneurs from around the world. Hamad Madi Al Hajri, a committee member representing the Ministry of Finance, said visitor spending and increased demand across hospitality, aviation and transport demonstrate the summit's wider impact across the national economy.

The summit also boosted Qatar's entrepreneurship ecosystem, with more than 300 companies registering with the Qatar Financial Centre during the event and nearly 2,300 business licence applications across digital transformation, fintech, consulting, project management and innovation. The third edition drew more than 30,000 participants from 127 countries in its largest edition since launching in Doha in 2024, along with more than 930 investors and 1,637 participating startups, including 247 Qatari companies.

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