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Qatar aims to be the world’s biggest producer of liquefied natural gas (LNG) for at least the next two decades. The country will spend billions to develop the North Field and to increase the capacity by more than 50% to 126 million tons per year.
The country is already a major supplier of LNG and is looking at rising demand as the world transitions from oil and coal to cleaner energy.
Qatar has seen a significant increase in the volume and value of locally produced fruit and vegetable sales in the recent past with over 23,565 tons of local produce sold in 2020 and over 3,752 tons in January 2021.
This success story is partly due to the introduction of the “Premium Qatari Vegetable” marketing campaign. The initiative was launched by the Ministry of Municipality and Environment...Read More
Qatar is getting ready to implement a Value Added Tax (VAT) and the private sector has been urged to prepare for it accordingly. It is advised to be VAT ready at least six to nine months before the implementation.
Qatar signed the Gulf Cooperation Council (GCC) VAT framework in 2016 and has seen the establishment of the General Tax Authority (GTA) which has been...Read More
The Ministry of Commerce & Industry (MoCI) has announced that the services related to company formation, renewal and cancellation will be available online only.
From Sunday, 28th of February, 2021 the Single Window platform...Read More
It is expected that the sports industry in Qatar and the GCC will grow faster than elsewhere. A recent survey conducted by PwC painted a picture of the industry in Qatar, United Arab Emirates, Saudi Arabia and Bahrain.
The sports industry in the Middle East is expected to grow by 8.7% over the next three to five years while the global sports industry is expected to grow by 3% in the same time. The...Read More
The Ministry of Transport & Communication (MOTC) recently organized a webinar on 'Knowledge Mining & Artificial Intelligence'. It is anticipated that artificial intelligence (AI) will significantly contribute to the growth of businesses in different shapes and sizes from start-ups and scale-ups to multi-national corporations around the world.
The panel discussed...Read More
Qatar’s e-commerce market is developing and is expected to exceed QAR 11.7 billion (USD 3.2 billion) by 2022 compared to QAR 4.7 billion (USD 1.3 billion) in 2017. Over 350 e-commerce websites have been registered with the Ministry of Transport & Communication (MOTC) so far. The development of the sector has many reasons.
Qatar has one of the world`s highest...Read More
Qatar Development Bank (QDB) recently concluded the first Qatar Virtual Exhibition (QVE) which brought together small and medium sized enterprises (SMEs) from the State of Qatar and international distributors, contractors and buyers. The event explored import and export opportunities, strategic partnerships and market accessibilities.
Qatar Development Bank (QDB)...Read More
The Qatar Free Zones Authority (QFZA) in partnership with the Qatari Businessmen Association (QBA) jointly organised a webinar on the ways of establishing a presence in the Qatar Free Zones with a participation of more than 112 small and medium-sized enterprises and multi-national corporations.
In collaboration and cooperation with other stakeholders,...Read More
The Republic of Indonesia as the largest economy in South East Asia is one of the most important trade partners for the State of Qatar.
At the most recent webinar titled “Qatar Indonesia Business Dialogue and Matchmaking” and jointly organised by the business councils of the countries, it was revealed that the trade volume between the countries increased by 11% per year from 2015 to 2019 from...Read More