Qatar stakeholders continue to support SMBs and SMEs

22/08/21

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 121 - Thumb

Launch of “1000 opportunities initiative” in Qatar

The State of Qatar`s Ministry of Commerce and Industry (MoCI), recently launched the “1000 Opportunities Initiative” to facilitate partnerships between public...

Read more
BSUQ News 120 - Thumb

Qatar announces provisional commercial licenses

Qatar`s Ministry of Commerce and Industry (MoCI) recently launched a new service to issue provisional commercial licenses for all commercial activities.

The service will be jointly implemented with...

Read more
BSUQ News 119 - Thumb

Qatar launches advanced manufacturing hub at WEF

Qatar`s Ministry of Commerce and Industry (MoCI) has announced the launch of the Advanced Manufacturing Hub (AMHUB) in cooperation with Qatar Development Bank (QDB) at the WEF.

The hub,...

Read more
BSUQ News 118 - 034.1 - Thumb

Qatar Central Bank develops a new FinTech strategy

Qatar Central Bank (QCB) will launch a new fintech strategy during the fourth quarter of 2022.

The QCB initiative is part of a number of measures...

Read more
BSUQ News 117 - Thumb

Qatar and German relations continue to expand

The State of Qatar and the Federal Republic of Germany aim to expand their strong commercial and economic investment ties.

The two countries recently signed several Memorandum of Understandings (MoUs)...

Read more
BSUQ News 116 - Thumb

Qatar`s technology sector has a lot of potential

Qatar’s technology sector is expanding and offers new opportunities and possibilities in line with the progress in...

Read more
BSUQ News 115 - Thumb

Qatar is among top countries for entrepreneurs

The State of Qatar is ranking ninth on the list of top countries for entrepreneurs according to the National Entrepreneurial Context Index (NECI)...

Read more
BSUQ News 114 - Thumb

Qatar remains a promising market in the region

The State of Qatar is a very promising investment market according to a recent report by The Investment Promotion Agency Qatar (IPA Qatar).

The report “Invest Qatar Annual Report 2021”...

Read more

Page Break