News

We prepare and provide the most relevant information on the (business) ecosystem and the most recent developments in the State of Qatar under News and on Facebook, Twitter, Instagram & Co. Please click on the link and reach out to our experts and specialists to discuss your story. It would be our pleasure to share it with others!

MOTC highlights role of new technologies

The Ministry of Transport & Communication (MOTC) is contributing to a vibrant information and communications technology (ICT) sector in the State of Qatar.

The most recent virtual forum with the title “New Technologies and Digital Transformation” emphasized the role of new technologies in accelerating the digital transformation. It discussed the concepts, policies, tactics and strategies, challenges...

Read More

14/01/21

Qatar Chamber expects a year of economic recovery in 2021

Qatar Chamber's Research and Studies Department expects 2021 to be a year of recovery for Qatar's economy (from the impact of Covid-19) with an increase in the GDP of 2.2% compared to a decrease of 2.6% in 2020 according to the budget's main indicators.

The budget for 2021 anticipates a total revenue of QAR 160.1 billion (USD 43.9 billion) and total expenditures of QAR 194.7 billion (USD 53.3 billion)...

Read More

12/01/21

Normalisation of relations to help Qatar’s non-oil economy

The normalisation of the relations between the State of Qatar and the neighbours in the region following the signing of the Al-Ula Declaration at the 41st session of the Supreme Council of the Co-operation Council for the Arab States of the Gulf (GCC) is seen as the “beginning of the openness”.

The objectives of the GCC to cooperate, integrate, advance and enhance have been emphasized at the...

Read More

10/01/21

QFC contributes 1% to Qatar’s gross domestic product

The Qatar Financial Centre (QFC) contributes 1% of Qatar’s gross domestic product according to the release of a report titled ‘The Economic Impact of Qatar Financial Centre’.

The report measures the QFC’s economic impact in different types of contributions from direct impact created by the QFC to indirect impact through the local supply chains and the employee...

Read More

07/01/21

Qatar invests in youth development and empowerment

In line with the Qatar National Vision 2030 the country focuses on youth development and empowerment through entrepreneurship and many other means as it looks to diversify the economy.

The State of Qatar and the key stakeholders in the public and private sector in the country have invested in incubators, accelerators and competitions,...

Read More

05/01/21

Qatar passes (new) laws to improve the ease of doing business

The State of Qatar has advanced and enhanced the legal framework in the past year with the aim and intention to simplify the processes, policies and procedures, to be more attractive for foreign investors and to cut red tape. With the 2022 FIFA World Cup fast approaching there will be more significant updates in 2021 which will benefit those who are doing business in the country.

One of the most...

Read More

03/01/21

Qatar`s ICT adoption second in the Arab world

Qatar has one of the world`s highest internet adoption rates and ranks among top countries in terms of acceptance of information and communications technologies (ICT). The government has invested substantially in 5G technology and Ooredoo was the first in the world to launch the commercially-available 5G services.

According to the World Economic Forum’s Global Competitiveness Report Special Edition...

Read More

31/12/20

Qatar`s Ministry of Finance selects medium term projects

Qatar has selected medium term projects with a value of QAR 53.9 billion (USD 14.8 billion) as part of the strategic plan by the Ministry of Finance (MoF) and the Public Works Authority – Ashghal to prioritise public spending.

A list of new projects has been selected and will be awarded...

Read More

29/12/20

Qatar and Russia’s trade volume up in line with strategic relations

The Investment Promotion Agency Qatar (IPA Qatar) and the Roscongress Foundation recently co-hosted an event titled “Qatar-Russia Economic Partnership: Avenues of Growth for Russian Companies in Qatar’s Investment Ecosystem”.

It was held in the run-up to the St. Petersburg International Economic Forum (SPIEF) and Qatar’s participation as a guest country and to discuss the progress in improving...

Read More

27/12/20

Qatar and Turkey`s bilateral trade and investment keeps growing

The relationship between Qatar and Turkey has been going from strength to strength in recent years. Today, the areas of collaboration and cooperation between the two countries span a wide range of sectors.

The Investment Promotion Agency Qatar (IPA Qatar) and the Presidency of the Republic of Turkey Investment Office (Invest in Türkiye) recently co-hosted a virtual...

Read More

24/12/20

Page Break