News

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Qatar`s Ministry of Finance selects medium term projects

Qatar has selected medium term projects with a value of QAR 53.9 billion (USD 14.8 billion) as part of the strategic plan by the Ministry of Finance (MoF) and the Public Works Authority – Ashghal to prioritise public spending.

A list of new projects has been selected and will be awarded...

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29/12/20

Qatar and Russia’s trade volume up in line with strategic relations

The Investment Promotion Agency Qatar (IPA Qatar) and the Roscongress Foundation recently co-hosted an event titled “Qatar-Russia Economic Partnership: Avenues of Growth for Russian Companies in Qatar’s Investment Ecosystem”.

It was held in the run-up to the St. Petersburg International Economic Forum (SPIEF) and Qatar’s participation as a guest country and to discuss the progress in improving...

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27/12/20

Qatar and Turkey`s bilateral trade and investment keeps growing

The relationship between Qatar and Turkey has been going from strength to strength in recent years. Today, the areas of collaboration and cooperation between the two countries span a wide range of sectors.

The Investment Promotion Agency Qatar (IPA Qatar) and the Presidency of the Republic of Turkey Investment Office (Invest in Türkiye) recently co-hosted a virtual...

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24/12/20

Qatar’s entrepreneurship and start-up ecosystem to further develop

The entrepreneurship and start-up ecosystem in the State of Qatar is expected to further develop in 2021 and was recently ranked third in the world and the best in the MENA region.

The progress is down to many factors including the efforts of different semi-governmental and governmental institutions such as the Qatar Development Bank (QDB), Ministry of Commerce...

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22/12/20

QST wraps up the third cohort of the accelerator program

Qatar SportsTech (QST) recently announced the completion of the third cohort of the accelerator program which featured ten very promising start-ups from six countries.

QST is a leading start-up accelerator and hub for sports-tech start-ups and scale-ups from around the world with the vision to be a catalyst for shaping and reshaping sports technology in the Middle East and beyond.

The third...

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20/12/20

QFTH zoning in on self-sustainability

Qatar FinTech Hub’s (QFTH) incubator and accelerator programmes were introduced to promote and support early-stage and mature FinTech start-ups and are on track to become financially self-sustainable. The recent launch has been hugely successful and has attracted national and international talent with over 750 applications from 72 countries.

The QFTH which was stablished...

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17/12/20

Private sector expansion suggests economic recovery in 2021

Qatar is expected to return to economic growth in 2021 due to its robust economic reforms and the continued increase in demand for oil and gas as countries emerge from the pandemic and economies re-open. These factors have led to an improvement in the recovery of the Qatar Stock Exchange which has crossed the 10,000 point mark and closed almost 2% up year-to-date.

The growth of new businesses or...

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15/12/20

Economic transformation with research, development and innovation

The Qatar National Vision 2030 has identified research, development and innovation as a key part of the country`s economic transformation.

The Oxford Business Group (OBG) in collaboration and cooperation with the Qatar Science and Technology Park (QSTP) recently published a comprehensive COVID-19 Response Report (CRR) which highlighted the many opportunities and possibilities...

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13/12/20

Top destinations for Qatar’s exports in Asia

According to the most recent release of the Planning & Statistics Authority, the State of Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QAR19.6 bn or USD 5.4 bn down from QAR 38.0 bn or USD 10.4 bn at the same time last year.

The top five destinations for exports from the State...

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10/12/20

Another mixed-use development in Lusail opens for investors

The Seef, another district in Lusail City with 600,000 square metres of mixed-use development with commercial, office, retail, hotels, restaurants, entertainment and residential has opened the opportunities for locals and foreigners to invest in residential and non-residential units.

The district which is situated at the heart of the 2.3 kilometre long waterfront promenade...

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08/12/20

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