News

QBIC’s first virtual “Demo Day”

Qatar Business Incubation Centre (QBIC) recently selected the latest start-ups for investments at the first virtual “Demo Day”, a new event format with a live-stream.

It was the thirteenth round with graduates from the Lean Startup Programme (LSP).

A selection of the most promising start-ups and scale-ups pitched their ideas to the incubation committee and the audience on YouTube. Potential...

07/10/20

Integration in micro-chemical and petrochemical industries

Chemical, petrochemical and mining industries are an essential part of Qatar`s diversified economy concept, in line with the Qatar National Vision 2030.

In line with a strive for sustainable economic growth, the National Industrial Transformation Program and the existence of an industrial zone for specialised and transformational chemical industries have resulted in the integration of the energy...

03/10/20

Businesses ready for new labour reforms

Qatar's government recently announced new labour reforms which will benefit the country's job market. These reforms will protect the employees and their employers. The businesses and its leaders are prepared for the implementation.

The Ministry of Administrative Development, Labour and Social Affairs (MADLSA) stated that a non discriminatory minimum wage will be introduced and shall apply to all...

01/10/20

Factories in Qatar total up to 915

The number of operating factories in Qatar’s industrial sector has increased to 915 as of September (according to the Ministry of Commerce & Industry).

This growth has been fuelled in part due to the reforms of the government of the State of Qatar to stimulate the investment environment in the country.

Also, they have led to the country rapidly diversifying local and global supply chains while...

01/10/20

General Tax Authority’s reminder for registration on Dhareeba portal

To comply with new regulations, all corporate taxpayers must register on the General Tax Authority’s new online portal. The deadline is September 30th, 2020. Some of the many advantages of registering, are the hassle free issuing of a tax card and the easy registration of a taxpayer’s representative.

Known as the Dhareeba tax portal, it aims to make all tax transactions simple and easy. In order...

16/09/20

Qatar, the Start-Up Capital of the GCC

Qatar has established itself as the start-up capital of the GCC region according to the Qatar Embassy in the USA. The government has invested heavily in the diversification of the economy in line with their long-term vision.

A business friendly environment, state of the art infrastructure and robust macroeconomic fundamentals are factors that have attracted sizeable foreign investments from some...

15/09/20

Mastercard’s partnership with QDB to enable the local fintech industry

Mastercard’s partnership with QDB to enable the local fintech industry

Mastercard has joined forces with the Qatar Development Bank (QDB) to support the development of Qatar’s fintech industry through the Qatar FinTech Hub (QFTH), an initiative of QDB that supports a vibrant and varied tech community locally and internationally whose goal it is to develop disruptive technologies.

Additionally,...

15/09/20

Qatar`s Free Zones Extremely Welcoming

Qatar`s Free Zones offer foreign companies an "extremely welcoming" regulatory environment, according to CEO Lim Meng Hui. He went onto say that "we are not content on resting on the successes of today. If we are to continue to be one of the world’s most successful free zones, we must always look for ways to improve what we offer to current and future tenants"

Free Zones Established...

27/08/20

Doing Business in Qatar

Doing Business in Qatar can be challenging, but the World Banks Ease Of Doing Business report shows Qatar is steadily improving.

Entrepreneurship, Start Ups and Small and Medium Sized enterprises are encouraged to support the transition to a knowledge based economy. Technology, including sportstech and fintech is a hugely developing sector. Vast free zones with world beating facilities are available...

20/08/20

Have you an interest in establishing in the Qatar Free Zones Authority?

Qatar is widely regarded as one of the richest and most progressive countries within the Middle East and it may well be said that QFZA is going to be a game changer for the region.

Located in Western Asia, on the North Eastern coast of the Arabian Peninsula, Qatar represents an economic and cultural power at the center of a dynamic and growing region.

The small Middle Eastern nation is a fantastic...

30/06/20