News

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Qatar logistics sector to exceed growth of neighbours

Qatar`s Investment Promotion Agency (IPA) forecasts the States logistics market will outperform other GCC countries between 2020 and 2026.

In its recently published sectoral study, it predicted a promising outlook for global supply chains, logistics and warehousing, a sector worth QAR 34.6 trillion (USD 9.5 trillion) in 2021.

The State is ranked second in the Middle East in logistical performance...

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11/06/23

Qatar International Court introduces new practice guide

Qatar International Court and Dispute Resolution Centre (QICDRC) has introduced new Practice Guidance for parties utilising the Court. The Practice Guidance will serve as a key point of reference and are the most current set of documents reflecting standard processes.

The Guidance provides a framework for many of the QICDRC’s most important procedures,...

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04/06/23

Qatar witnesses tourism sector expansion

Qatar has witnessed huge growth in the hotel real estate sector, which has added over 700 hotel rooms to the market in the first quarter of this year.

The total supply of hotel rooms in March 2023 reached 38,500, which reflects an increase of more than 30% over 15 months. This follows the huge surge of new rooms in 2022, when over 7,000 hotel keys were delivered.

The sector has maintained momentum...

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28/05/23

Qatar’s trade balance surplus hits QAR 21.3 billion in March

Qatar`s foreign merchandise trade balance recorded a surplus of QAR 21.3 billion (USD 5.85 billion) in March 2023.

The Planning and Statistics Authority (PSA) data, which represents the difference between total exports and imports, showed that total export of goods (including exports of goods of domestic origin and re-exports) amounted to QAR...

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21/05/23

Qatar positions itself as MENA trade and investment hub

Qatar is forging a significant role in Middle East and North Africa (MENA) as its forward thinking policies target entrepreneurs, businesspersons, commerce and startups.

According to Invest Qatar, this year’s Foreign Direct Investments (FDI) are expected to achieve the 'strongest investment momentum score' in the country with the surging tourism sector and countless...

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15/05/23

Qatar offers unlimited opportunities for Startups

Qatar has created world-class infrastructure and amenities to provide opportunities for aspiring entrepreneurs to launch startups in the State.

According to data from the Qatar Stock Exchange (QSE), 48,000 units including office space were registered in 2021, an increase of 1,000 units when compared to the previous year. Reports state that this figure is expected...

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07/05/23

Qatar attracts most FDI in ME and meets key partners

The Investment Promotion Agency Qatar (IPA) revealed that Qatar attracted 71% of all Middle East investment in the second quarter of this year.

The report provides quarterly updates on foreign direct investment (FDI) trends and monitors FDI flows both regionally and globally using in-house and third-party data sources.

The report also...

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25/09/22

More interest in social entrepreneurship in Qatar

Qatar is seeing an increase in social entrepreneurs dedicated to developing solutions to community based problems.

At a recent event, representatives of key stakeholders in the community of Qatari businessmen and women highlighted that helping micro, small and medium-sized enterprises (MSMEs) in their digital transformation will help increase “Made in Qatar” products...

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18/09/22

Mega-solar power plants in Qatar for sustainability

Qatar Energy Renewable Solutions recently awarded a gigantic solar energy power plant contract to South Korea’s Samsung C&T.

The QAR 2.3 billion (USD 630 million) Engineering, Procurement and Construction (EPC) contract will see Samsung build two mega photovoltaic (PV) plants in the industrial cities of Ras Laffan (RLIC) and Mesaieed (MIC). Each plant will cover ten square kilometres and have...

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11/09/22

Qatar to build the most sustainable food supply chain

In keeping with the United Nations Sustainable Development Goals 2030, Qatar has revealed its ambition to build a sustainable food supply chain. This project is also inspired by the government’s goal in diversifying and improving the economy while raising living standards, by maintaining a balance between economic, social, and environmental development as enshrined in the Qatar National Vision 2030.

There...

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04/09/22

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