The Qatar National Vision 2030 has identified research, development and innovation as a key part of the country`s economic transformation.
The Oxford Business Group (OBG) in collaboration and cooperation with the Qatar Science and Technology Park (QSTP) recently published a comprehensive COVID-19 Response Report (CRR) which highlighted the many opportunities and possibilities in Research, Development and Innovation (RDI).
The in-depth analysis of Qatar's response to the pandemic explicitly explored RDI. It`s findings demonstrate the progress and emphasize the attractiveness for new investments in technology development and implementation through entrepreneurship.
Further, the CRR documents the engagement and involvement of QSTP in promoting and supporting Qatar’s efforts to diversify the economy and to develop an effective RDI ecosystem. FinTech is one of the ares or fields mentioned in the report. It is complemented or supplemented with an insight into the successful efforts to increase the self-sufficiency as firms continue to strengthen local supply chains in response to the disruption in global supply chains due to the pandemic.
In order to improve the competitiveness, Qatar has introduced policies focused on developing and expanding the most important sectors of the economy. These include the infrastructure, healthcare, information and communication technologies as well as manufacturing.
Further supported by Qatar Development Bank (QDB) the State has continued to build a strong entrepreneurial sector and a competitive business climate.
The country is a very prominent and popular destination in the region due to its resilience, economical foundation, financial stability, regional and international connectivity and natural resources as well as the licensing platforms, regulatory environment, competitive taxation, highly skilled talent, diversified culture and customs and many other factors.
In line with Qatar’s efforts, the International Monetary Fund expects the country`s economy to return to economic growth in 2021 and the World Bank Group considers the country’s economy to be tenth most competitive economy worldwide and the country as one of the top twenty global business environment improvers.
Please click on the link and reach out to learn more about opportunities and possibilities in the State of Qatar and Business Start Up Qatar.
Qatar FinTech Hub (QFTH) has announced that demo day for the first wave of its incubator and accelerator programmes will take place virtually on the 18th of January, 2021. The initiative is supported by...Read more
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...Read more
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%...Read more
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...Read more
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...Read more
In line with the Qatar National Vision 2030 the country focuses on youth development and empowerment through entrepreneurship and many other...Read more
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...Read more
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...Read more