News

Qatar reduces commercial service fees and ground rents

Qatars Ministry of Commerce and Industry (MOCI) has announced upto a 90% reduction of selected service fees for the commercial, industrial, business development and consumer protection sectors.

The new resolution aims to support and encourage national and foreign projects. In addition, it seeks to create an attractive commercial environment for investment. Most importantly, the new resolution falls...

07/07/24

Qatar to host MENA Fintech Festival from December 3-5

Qatar will host the third edition of the rebranded MENA Fintech Festival set to take place from December 3-5 in Qatar focusing on Fintech and Financial Inclusion.

The change in name reflects the events expanded focus from a standard forum and exhibition into an authentic business to business (B2B) matchmaking platform and industry gathering. As a result, the transformation aims to combine great...

30/06/24

Qatar private sector exports reach QAR 2.5b in Quarter 1

Qatars private sector exports in the first quarter of 2024 amounted to QAR 2.53 billion (USD 700 million), a 6% increase compared to QAR 2.39 billion (USD 660 million) in Q4 2023, figures released by Qatar Chamber revealed.

The report classified the data according to the type of certificates of origin issued by Qatar Chamber which showed an increase when...

23/06/24

Invest Qatar partners with Deloitte to launch digital skills report

Invest Qatar in collaboration with Deloitte has launched a joint report titled ‘Qatar's Digital Frontier: Mapping the Future of Skills.’

The comprehensive study delves into the significance of nurturing digital skills as a fundamental pillar for expediting digital transformation and provides valuable insights...

09/06/24

Qatars Government prioritising environment and biodiversity

Qatars government has introduced several environmental initiatives to preserve the ecosystem, recyle water and enhance biodiversity.

Such initiatives are nature based solutions (Nbs) and focus heavily on agriculture, which have resulted in the detailed preparation of maps to better understand areas suitable for use. These maps have also identified the types of trees and crops best suited to each...

02/06/24

Qatar welcomes over 2 million visitors in first quarter 2024

Qatars Ministry of Tourism announced the State attracted over 2 million tourists in the first four months of 2024 during the recent Qatar Economic Forum.

The impressive figures were revealed during a panel discussion entitled ‘From the Gulf to the World: The Future of Tourism’ ....

26/05/24

Qatar continues to focus on economic diversification

Qatar is successfully progressing with its economic diversification plans by targetting four key sectors, namely logistics, Information and Communications Technology (ICT), manufacturing and tourism.

The topic was discussed by leading policymakers at the recent Qatar Economic Forum in a panel discussion entitled ‘Reshaping Middle East Economies’....

19/05/24

Qatar's New Real Estate Law Boosts Investment Climate

Qatar's real estate sector is undergoing a transformative phase with the recent issuance of Law No. 5 of 2024 related to real estate registration.

This landmark legislation aims to regulate the sector in coordination with the Qatar Real Estate Regulatory Authority while enhancing its attractiveness to investors, both domestic and international. With a focus on fostering transparency and streamlining...

12/05/24

Qatar Foundation funds over 4,800 projects since 2007

Qatar Foundation (QF) has been leading Qatar’s efforts to diversify the economy and transform the nation into a knowledge based society.

Across the fields of IT, energy, environment and healthcare, QF’s focus on Research Development and Innovation (RDI) is introducing new technologies into the global marketplace.

As a result of its initiatives, figures show that Qatar Foundation has funded...

05/05/24

Qatar focused on developing the healthcare sector

Qatar`s healthcare sector is expected to increase at a compound annual growth rate (CAGR) of 5.2 percent by 2028 according to data by Fitch Solutions.

Analysts predict such figures based on recently completed world class infrastructure and budgeted ongoing development planned for the upcoming year. Most importantly the healthcare sector is a priority of the the government over the medium term.

Demonstrating...

28/04/24