News

Mega-solar power plants in Qatar for sustainability

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...

11/09/22

Qatar to build the most sustainable food supply chain

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...

04/09/22

Launch of labour re-employment platform in Qatar

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...

28/08/22

Investors confident in Qatar’s non-energy sectors

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....

21/08/22

SMEs are key contributors to Qatar’s economy

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...

14/08/22

Qatar continues to grow and maintains trade surplus

Qatar`s real economic growth rate has grown by 2.5% based on constant prices according to figures released by the Planning & Statistics Authority (PSA).

The real economic growth rate is based on preliminary estimates of the gross domestic product (GDP). These estimates indicated a GDP of QAR 166.3 billion (USD 45.6 billion) in the first quarter of 2022 in a year-on-year comparison to last year’s...

07/08/22

Qatar generates home-grown start-up success stories

Qatar is prioritizing the growth of a start-up ecosystem as the country pursues the Qatar National Vision 2030 to become a sustainable innovation hub.

A number of home-grown start-ups and scale-ups are benefitting from the support of major stakeholders including Qatar Development Bank (QDB), Qatar Business Incubation...

31/07/22

More businesswomen in all sectors in Qatar

Qatari women are increasingly represented across all economic sectors according to recent figures published by the Qatar Chamber of Commerce & Industry (QCCI).

Over the past few years, the number of females in business has rapidly increased. According to the Qatar Chamber, seven thousand Qatari women have full or partial ownership of companies in Qatar. Similarly,...

24/07/22

Trade between Qatar and United Kingdom at new heights

The State of Qatar and the United Kingdom will continue to expand the collaboration and cooperation in different opportunities and to continue to develop the long-standing bilateral trade relations.

Ministers from both governments reviewed areas of common interest aimed at strengthening cooperation in the trade,...

03/07/22

Launch of “1000 opportunities initiative” in Qatar

The State of Qatar`s Ministry of Commerce and Industry (MoCI), recently launched the “1000 Opportunities Initiative” to facilitate partnerships between public and private sector.

The national initiative is powered by an electronic platform that allows local investors to secure stakes in major national and international companies operating in Qatar. It will...

26/06/22