News

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Qatar SportsTech hosted bootcamp for investors in start-ups in Qatar

Qatar SportsTech (QST) recently hosted the first Angel Investor Bootcamp virtually. The initiative is aimed to contribute to Qatar`s ecosystem for start-ups and scale-ups by introducing the fast-growing SportsTech sector to investors.

The idea was to train new and seasoned angel investors from inside and outside of the country, to introduce the latest cohort at QST...

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06/06/21

Qatar launches new initiatives in a push for more sustainability

The State of Qatar has prioritised seawater desalination to ensure sustainable and continuous access to fresh water. In a bid to curb water consumption in households, new measures were introduced including increasing water tariffs and recycling domestic wastewater for semi-productive use. Currently, seawater desalination accounts for more than 60 percent of total water consumption in the country.

The...

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03/06/21

The role of logistics in Qatar before, during and after the World Cup

Logistics will play a significant role in the State of Qatar before, during and after the FIFA World Cup 2022.

The main players in the logistics sector will be required to work very closely with the key stakeholders related to the 2022 FIFA World Cup Qatar including FIFA and the Supreme Committee for Delivery & Legacy...

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01/06/21

Economic outlook for Qatar positive with significant post-pandemic growth

The State of Qatar is predicting economic recovery in 2021 and forecasting strong growth for next year.

The country’s real Gross Domestic Product (GDP) is expected to grow by 3.2 percent in 2021 and to accelerate by 4 percent in the next year according to the Institute of International Finance.

The recovery will be supported by a wide variety of factors including the stabilisation of oil and...

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30/05/21

Qatar’s ecosystem for start-ups and scale-ups continues to grow

Qatar’s ecosystem for start-ups and scale-ups is maturing and entrepreneurs are finding many ways to support the launch of their ideas and to enable the growth of their businesses or projects in the country and beyond.

There are a number of incubators and accelerators in the State of Qatar to support start-ups and scale-ups and to encourage entrepreneurship in the country.

These include [Qatar...

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27/05/21

Covid-19 considered as catalyst for new digital businesses in Qatar

Doha Bank recently hosted a webinar to discuss the impact of Covid-19 on the acceleration of the digital transformation driven by the financial sector.

The event titled “Digital Transformation & Changing Business Models” noted that 85 percent of the financial transactions of Doha Bank`s clients are made by digital means and 95 percent of the money transfers of Doha Bank’s...

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25/05/21

Qatar Free Zones Authority continues to grow despite the pandemic

The Qatar Free Zones Authority (QFZA) continues to grow and now boasts over 130 operational businesses including global giants like Google, DHL, GWC, China Harbour and Volkswagen.

The QFZA is an independent regulatory authority. It currently oversees two free zones. The Ras Bufontas Free Zone with 400 hectares next to Hamad International Airport near...

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23/05/21

The International Chamber of Commerce (ICC) publishes new rules for arbitration

The International Chamber of Commerce (ICC) has published new rules for arbitration which reflect the modernisation, efficiency, integrity and enforceability.

The new rules apply to all cases registered with the ICC on or after January 1, 2021.

In Article 26 (1) it empowers a tribunal to decide whether a hearing should be conducted in person or remotely by the...

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20/05/21

Qatar to be guest country at St. Petersburg International Economic Forum in Russia

Qatar is preparing for its role as a guest country at the St. Petersburg International Economic Forum (SPIEF) 2021 in Russia from June 2nd – 5th.

Since Qatar will play a special role at the SPIEF 2021, the country’s business delegation will be among the largest in attendance. It will include representatives of more than 50 Qatari organizations (from high-ranking...

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18/05/21

Qatar to become a vibrant hub for maritime transport in the region

Qatar’s plan to transform the country into a regional hub for maritime transport is in line with high volumes of shipments and trans-shipments. Whereas, the volume of trans-shipments increased by 73 percent in the month of April compared to the same time last year according to information released by Mwani Qatar.

The country currently...

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16/05/21

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