Doha in the east of the country. It is Qatars fastest growing city, with over 50% of the nations population living in Doha or its surrounding suburbs, and it is also the economic center of the country. Doha was founded in the 1820s as an offshoot of Al Bidda. It was officially declared as the countrys capital in 1971, when Qatar gained independence from being a British Protectorate. As the commercial capital of Qatar and one of the emergent financial centers in the Middle East, Doha is considered a world city by the Globalization and World Cities Research Network. Doha accommodates Education City, an area devoted to research and education. The city was host to the first ministerial-level meeting of the Doha Development Round of World Trade Organization negotiations. It was also selected as host city of a number of sporting events, including the 2006 Asian Games, the 2011 Pan Arab Games and most of the games at the 2011 AFC Asian Cup. In December 2011, the World Petroleum Council held the 20th World Petroleum Conference in Doha. Additionally, the city hosted the 2012 UNFCCC Climate Negotiations and is set to host a large number of the venues for the 2022 FIFA World Cup. In May 2015, Doha was officially recognized as one of the New7Wonders Cities together with Vigan, La Paz, Durban, Havana, Beirut, and Kuala Lumpur.