The Qatar Financial Centre (QFC) increased its year on year growth by a record of 63.7% in the number of new firms registered in 2020 compared to 2019. The data indicates that 334 organizations were licensed in 2020 compared to…
The Qatar Financial Centre (QFC) aims for QAR 91.25 billion (USD 25 billion) of foreign direct investments (FDIs) by 2022. It will translate into the creation of 1,000 new companies and over 10,000 new jobs in the State of Qatar.…
The Ministry of Commerce & Industry (MoCI) has announced investment opportunities for the private sector to develop three beach resorts in Fuwairit, Ben Ghanem and Ras Abrouq. The joint initiative, a cooperation between the MoCI and the Qatar National Tourism…
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 Qatar Development Bank (QDB), Qatar Financial…
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…
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 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 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…
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…
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…