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Qatar`s foreign merchandise trade balance recorded a surplus of QAR 21.3 billion (USD 5.85 billion) in March 2023.
The Planning and Statistics Authority (PSA) data, which represents the difference between total exports and imports, showed that total export of goods (including exports of goods of domestic origin and re-exports) amounted to QAR...
Read More21/05/23
Qatar is forging a significant role in Middle East and North Africa (MENA) as its forward thinking policies target entrepreneurs, businesspersons, commerce and startups.
According to Invest Qatar, this year’s Foreign Direct Investments (FDI) are expected to achieve the 'strongest investment momentum score' in the country with the surging tourism sector and countless...
Read More15/05/23
Qatar has created world-class infrastructure and amenities to provide opportunities for aspiring entrepreneurs to launch startups in the State.
According to data from the Qatar Stock Exchange (QSE), 48,000 units including office space were registered in 2021, an increase of 1,000 units when compared to the previous year. Reports state that this figure is expected...
Read More07/05/23
The Investment Promotion Agency Qatar (IPA) revealed that Qatar attracted 71% of all Middle East investment in the second quarter of this year.
The report provides quarterly updates on foreign direct investment (FDI) trends and monitors FDI flows both regionally and globally using in-house and third-party data sources.
The report also...
Read More25/09/22
Qatar is seeing an increase in social entrepreneurs dedicated to developing solutions to community based problems.
At a recent event, representatives of key stakeholders in the community of Qatari businessmen and women highlighted that helping micro, small and medium-sized enterprises (MSMEs) in their digital transformation will help increase “Made in Qatar” products...
Read More18/09/22
Qatar Energy Renewable Solutions recently awarded a gigantic solar energy power plant contract to South Korea’s Samsung C&T.
The QAR 2.3 billion (USD 630 million) Engineering, Procurement and Construction (EPC) contract will see Samsung build two mega photovoltaic (PV) plants in the industrial cities of Ras Laffan (RLIC) and Mesaieed (MIC). Each plant will cover ten square kilometres and have...
Read More11/09/22
In keeping with the United Nations Sustainable Development Goals 2030, Qatar has revealed its ambition to build a sustainable food supply chain. This project is also inspired by the government’s goal in diversifying and improving the economy while raising living standards, by maintaining a balance between economic, social, and environmental development as enshrined in the Qatar National Vision 2030.
There...
Read More04/09/22
Qatar Chamber(QC) has successfully launched its revised labour re-employment platform targeting the private sector.
The digital platform is administered in collaboration and cooperation with the Ministry of Labour (MOL) and aims to assist local companies to recruit available or out of contract local talent.
The latest version of the re-employment...
Read More28/08/22
Qatar Financial Centre (QFC) data indicates the non-energy private sectors rapid growth according to the latest Purchasing Managers’ Index (PMI) survey.
The rates of expansion in total activity, new work and outstanding business were among the fastest registered throughout the survey’s five-year history.
Qatar`s PMI indices are compiled from survey responses of 450 private sector companies....
Read More21/08/22
The State of Qatar`s small and medium enterprises (SMEs) represent 97% of registered private sector companies and contribute 16% to non-oil gross domestic product (GDP).
“The Report: Qatar 2022” published by Oxford Business Group underlined that SMEs are the backbone of major economies around the world and important drivers of economic diversification and GDP growth.
[In order to promote...
Read More14/08/22