News

Qatars MoCI and Invest Qatar discuss private sector challenges

Qatars Ministry of Commerce and Industry (MoCI) recently joined forces with Invest Qatar to host the second annual Government Sector Forum. The Forum was attended by key government officials and saw participation from over 50 representatives from 26 different government agencies.

Most importantly, this collaborative event aimed to assess the previous year's achievements and outlined a progressive...

17/11/24

Qatar’s land transport sector Sees 75% surge in transactions

Qatar's land transport sector demonstrated remarkable growth in the first nine months of 2024 with the Ministry of Transport executing a total of 9,238 transactions. This marks a 17% increase from the previous quarter and an impressive 75% rise compared to the same period last year. Notably, the third quarter recorded the highest activity, with 3,473 transactions, followed closely by the second and...

10/11/24

Qatar positioning itself as global business hub for investors

Qatar has established itself as a prominent global business hub, particularly in the real estate sector, reflecting the nation’s commitment to economic advancement and resilience. This dynamic market presents an attractive opportunity for investors seeking long-term stability and robust growth.

To diversify its economy and attract foreign direct investment (FDI), Qatar has implemented several...

03/11/24

Qatar`s TASMU Accelerator attracts over 640 applications

Qatar's Ministry of Communications and Information Technology (MCIT) recently closed registration for the 2024 cohort of the Smart Qatar - TASMU Accelerator programme. The scheme attracted over 640 applications from 74 countries. Applications were evaluated based on eligibility and alignment with programme objectives.

The six-month initiative supports growth-stage startups,...

27/10/24

Qatar’s clean energy strategy targets renewables

Qatar’s future energy strategy aims to diversify into renewables, targeting a solar capacity increase to 5 Giga Watts (GW) by 2035.

Furthermore its strategy aims to leverages Qatar’s competitive edge to drive its clean energy transition and energy goals. The strategy emphasises reinforcing its Liquid Natural Gas (LNG) export leadership, broadening energy production diversity and enhancing decarbonisation....

13/10/24

Qatar witnesses impressive growth in non-oil sectors

Qatar’s non oil revenues are expected to outperform all industries after recording growth of 2.2% this year, according to a report by Fitch Solutions. The company also indicated that numerous industries are poised for “stronger-than-expected” growth in the remaining months of 2024, demonstrating the resilience of Qatar’s economy.

Further figures released by the [Qatar Planning and Statistics...

06/10/24

Qatar Free Zones Authority launch visa service office

Qatar Free Zones Authority (QFZ) and the General Directorate of Passports at the Ministry of Interior (MOI) have officially inaugurated the Ras Bufontas Free Zone Visa Service Office.

This strategic initiative aims to meet the evolving needs of an ever expanding business community within Qatar’s free zones,...

29/09/24

Qatar’s agricultural sector expected to grow significantly

Qatar’s agriculture sector has experienced significant growth and is projected to reach approximately QAR 812 million (USD 223.1 million) by 2029 according to research by Mordor Intelligence.

As a result, any predicted growth will contribute to the nation’s food security and self-sufficiency. Most importantly, figures show the sector is expanding at a compound annual growth rate (CAGR) of 5.5%...

22/09/24

Qatar concludes Northern European tour building relations

Qatar recently concluded a European tour encompassing Norden countries Sweden, Norway and Finland with the aim of enhancing ties and exploring issues of mutual interest.

Commencing the visit in Sweden, officials signed several memorandas of understanding (MoUs) and a letter of intent for military cooperation, according to Qatar’s news agency (QNA).

One MoU covered political consultations,...

15/09/24

Qatar and Uzbekistan increase economic ties featuring ICT

Qatar and Uzbekistan have actively undertaken high-level state meetings this past year to discuss ways of increasing economic co-operation while enhancing trade ties.

Meetings have focussed on digital technologies, where there is already proactive co-operation which is already harbouring significant progress. Demonstrating such collaboration, Qatar will be a partner country in next weeks global...

08/09/24