This article focuses on the development of Qatar's unique relationship with Israel, and explains the relationship as just one component of the Emirate's intricate and bold foreign policy. This discussion identifies both the logic behind Qatar's regional policy initiatives as well as the Emirate's ability to adapt to changing regional and international circumstances. As such, this article provides an example of how a small, wealthy state like Qatar can skillfully generate a sophisticated, independent foreign policy agenda that differentiates itself from its larger and influential neighbors, while simultaneously upgrading its international profile and gaining regional prominence.