Qatar stakeholders continue to support SMBs and SMEs


The collaboration and cooperation of the public sector and the private sector will strengthen the position of the State of Qatar as a hub for business, trade and investment in the Middle East.

The latest legal reforms including, but not limited to the Public-Private Partnership (PPP) Law No. 12 of 2020 was designed to bolster the private sector’s competitiveness and to promote and support the role in the development of the country’s economy. The new laws aim to enhance the infrastructure and to improve the (business) ecosystem in the State of Qatar in line with Qatar National Vision (QNV) 2030 and the National Development Strategies.

The issuance of the PPP Law is considered as a critical step in providing a legislative framework for regulating the private sector's contribution to the implementation of major development projects.

The PPP Law is part of the latest legal reforms which will enable the launch of large-scale investment and development projects in a number of sectors including health, education, sports and tourism.

The key stakeholders like the Qatar Chamber of Commerce & Industry (QCCI) and Qatar Development Bank (QDB) recognize the importance of small and medium enterprises (SMEs) in the economic development of a country.

They have time and again shown the interest in promoting and supporting start-ups, scale-ups, small businesses (SMBs) and small and medium enterprises (SMEs). Representatives of the QCCI have affirmed the positive stance on SMEs in interviews when they said that they will continue to coordinate and cooperate with the associations and bodies that support SMEs. SMEs hold an important place in the development of the country and consequently, the creation of jobs and sustained high standards of living of the people.

There are many initiatives in favor of the private sector under way such as the launch of new digital services including the issuance of certificates of origin and the attestation of documents.

Business Start Up Qatar collaborates and cooperates with the key stakeholders to improve the ease of doing business in the country.

Please click on the link to learn more about latest developments in the State of Qatar as well as the initiatives of Business Start Up Qatar.

Other News

BSUQ News 132 - Thumb

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 ...

Read more
BSUQ News 131- Thumb

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...

Read more
BSUQ News 130 - Thumb

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...

Read more
BSUQ News 129 - Thumb

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...

Read more
BSUQ News 128 - Thumb

Launch of labour re-employment platform in Qatar

Qatar Chamber(QC) has successfully launched its revised labour re-employment platform targeting the private sector.

The digital platform is administered in collaboration and cooperation with the [Ministry...

Read more
BSUQ News 127 - Thumb

Investors confident in Qatar’s non-energy sectors

Qatar Financial Centre (QFC) data indicates the non-energy private sectors rapid growth according to the latest Purchasing Managers’ Index (PMI) survey.

The rates of expansion in total activity, new...

Read more
BSUQ News 126 - Thumb

SMEs are key contributors to Qatar’s economy

The State of Qatar`s small and medium enterprises (SMEs) represent 97% of registered private sector companies and contribute 16% to non-oil gross domestic product (GDP).

“The Report: Qatar 2022”...

Read more
BSUQ News 125 - Thumb

Qatar continues to grow and maintains trade surplus

Qatar`s real economic growth rate has grown by 2.5% based on constant prices according to figures released by the Planning & Statistics Authority (PSA).

The real economic growth rate is based on preliminary...

Read more

Page Break