News

MOCI announces services for formation, renewal and cancellation to be online only

The Ministry of Commerce & Industry (MoCI) has announced that the services related to company formation, renewal and cancellation will be available online only.

From Sunday, 28th of February, 2021 the Single Window platform...

23/02/21

Growth of the sports industry in Qatar and the GCC to be faster than elsewhere

It is expected that the sports industry in Qatar and the GCC will grow faster than elsewhere. A recent survey conducted by PwC painted a picture of the industry in Qatar, United Arab Emirates, Saudi Arabia and Bahrain.

The sports industry in the Middle East is expected to grow by 8.7% over the next three to five years while the global sports industry is expected to grow by 3% in the same time. The...

21/02/21

AI and other new technologies to accelerate the growth

The Ministry of Transport & Communication (MOTC) recently organized a webinar on 'Knowledge Mining & Artificial Intelligence'. It is anticipated that artificial intelligence (AI) will significantly contribute to the growth of businesses in different shapes and sizes from start-ups and scale-ups to multi-national corporations around the world.

The panel discussed...

18/02/21

Qatar’s e-commerce market sales to exceed QAR 11.7 billion

Qatar’s e-commerce market is developing and is expected to exceed QAR 11.7 billion (USD 3.2 billion) by 2022 compared to QAR 4.7 billion (USD 1.3 billion) in 2017. Over 350 e-commerce websites have been registered with the Ministry of Transport & Communication (MOTC) so far. The development of the sector has many reasons.

Qatar has one of the world`s highest...

16/02/21

QDB concludes events related to the first Qatar Virtual Exhibition

Qatar Development Bank (QDB) recently concluded the first Qatar Virtual Exhibition (QVE) which brought together small and medium sized enterprises (SMEs) from the State of Qatar and international distributors, contractors and buyers. The event explored import and export opportunities, strategic partnerships and market accessibilities.

Qatar Development Bank (QDB)...

14/02/21

Why Start a Business in the Qatar Free Zones

The Qatar Free Zones Authority (QFZA) in partnership with the Qatari Businessmen Association (QBA) jointly organised a webinar on the ways of establishing a presence in the Qatar Free Zones with a participation of more than 112 small and medium-sized enterprises and multi-national corporations.

In collaboration and cooperation with other stakeholders,...

11/02/21

Qatar and Indonesia’s trade volume continues to grow

The Republic of Indonesia as the largest economy in South East Asia is one of the most important trade partners for the State of Qatar.

At the most recent webinar titled “Qatar Indonesia Business Dialogue and Matchmaking” and jointly organised by the business councils of the countries, it was revealed that the trade volume between the countries increased by 11% per year from 2015 to 2019 from...

09/02/21

Qatari-Russian collaboration to be explored before SPIEF 2021

Qatar is set to participate as a guest country at the St. Petersburg International Economic Forum (SPIEF) in June 2021. SPIEF is a very well established international forum organised by the Roscongress Foundation and was founded in 1997.

The event is the largest investment and economic forum in the eastern hemisphere and will contribute to strengthening the collaboration...

07/02/21

QFTH hosts second ‘hackathon’ to support innovative ideas

Qatar FinTech Hub (QFTH) has invited national, regional and international fintech start-ups and scale-ups as well as entrepreneurs to apply for the second ‘hackathon’. The theme of the ‘hackathon’ is ‘Disrupting the Global Fintech Ecosystem using Emerging Technologies’ and has the objective to identify solutions in three challenges: enhancing customer experience, reducing cost and risk...

04/02/21

Recovery gains ground in hospitality sector

The hospitality sector is a key element of the Qatar National Vision 2030 (QNV 2030) and Qatar’s plans to position the country as an important tourist destination under the direction of the Qatar National Tourism Council (QNTC).

The QNTC`s mandate is to create offerings that provide unrivalled experiences to visitors,...

02/02/21