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SCDL announces new tenders for 2022 FIFA World Cup

A webinar hosted by the Qatar Financial Centre (QFC) and titled “Exploring Tender Opportunities at the Supreme Committee for Delivery & Legacy” discussed the potential for businesses and projects related to the 2022 FIFA World Cup in Qatar.

The virtual event explained the tender process to the business community and emphasized the array of opportunities and possibilities with the [Supreme Committee...

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Qatar to award a number of large-scale projects in 2021

The State of Qatar is expected to invest more than QAR 113.15 billion (USD 31 billion) into large-scale projects this year. The estimation is in line with the country’s QAR 47.45 billion (USD 13 billion) expansion of the oil and gas sector in the first quarter of 2021.

The investments in projects in the countries part of...

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LNG expansion will positively affect Qatar’s economic growth

Qatar’s plans to expand the Liquefied Natural Gas (LNG) capabilities and capacities promise a major boost to the growth of the national economy. The expansion results in a projected surplus between 2021 and 2027.

It is expected that the North Field LNG expansion and other projects will positively...

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Qatar’s economic performance improved in first quarter

Qatar’s budget for the first quarter of this year was exceeded by QAR 200 million (USD 54.8 million). The surplus is partly related to the most recent increase in the oil prices, the level of budgetary control as well as the general expansion and an increment in revenues from other sectors.

The export of products manufactured in Qatar saw a significant increase in the first quarter of 2021 as...

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Investments in digital sector at all-time high in Qatar

Qatar has witnessed a lot of investment in the digital sector in line with the digital transformation of the country and the establishment of a knowledge-based economy as set out in the Qatar National Vision (QNV) 2030.

The investment drive is estimated to create more than QAR 11.3 billion (USD 3.1 billion) in new revenue over...

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Qatar prepares for additional reforms to attract more FDI

With the world’s economy coming to a near standstill in 2020, economists from around the world have shared various analyses into how national economies will perform after this impasse related to the pandemic. The World Bank is predicting a GDP growth of three and four percent in Qatar for 2021 and 2022.

The country, with intention of diversifying the economy and extending the international reach,...

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Qatar stakeholders continue to support SMBs and SMEs

The collaboration and cooperation of the public sector and the private sector will strengthen the position of the State of Qatar as a hub for business, trade and investment in the Middle East.

The latest legal reforms including, but not limited to the Public-Private Partnership (PPP) Law No. 12 of 2020 was designed to bolster the private sector’s competitiveness and to promote and support the...

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Qatar issues new travel and return policy

Qatar`s Ministry of Public Health has announced a new travel and return policy that waives hotel quarantine requirements for fully vaccinated travellers.

The new travel and return policy came into effect on Monday, July 12th, 2021 and sees foreign countries classified into three categories – green, yellow and...

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Qatar expands trade and investment relations with Russia

Qatar and Russia celebrated the St. Petersburg International Economic Forum (SPIEF 2021) in Russia in June, where the State of Qatar was represented as a “guest country”.

SPIEF was founded in 1997 and is the largest investment and economic forum in the eastern hemisphere....

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M7 and QSTP partner to target Qatar’s fashion and design sectors

M7 and Qatar Science & Technology Park (QSTP) have announced a partnership to strengthen Qatar`s entrepreneurship ecosystem.

The agreement provides for M7, an affiliate of Qatar Museums, to join QSTP in advancing and enhancing the support for start-ups and scale-ups in the creative industry. The partnership will stimulate entrepreneurship and innovation in Qatar which...

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