BUSINESS START UP QATAR

Qatar's agricultural sector is undergoing a remarkable transformation, with projections indicating significant growth in the coming years. According to research by Mordor Intelligence, the sector is expected to reach approximately QAR 812 million (USD 223.1 million) by 2029. This expansion, driven by a compound annual growth rate (CAGR) of 5.5% from an estimated QAR 623 million (USD 171 million) in 2024, is essential for enhancing the nation’s food security and achieving self-sufficiency. The upcoming National Food Security Strategy 2024-2030 is set to build on the successes of previous initiatives, which focused on four key pillars: diversifying trade routes, minimizing food losses, enhancing reserve capacities, and optimizing local cultivation of crops, livestock, and fish. This new strategy aims to promote sustainability through modern technologies and innovations, aligning with Qatar National Vision 2030. One of the most exciting developments in Qatar's agriculture is the s

Qatar recently concluded a diplomatic tour of Northern Europe, visiting Sweden, Norway, and Finland to bolster relations and explore areas of mutual interest. This strategic initiative has resulted in several key agreements that promise to deepen cooperation in various sectors. Sweden: Paving the Way for Enhanced Cooperation The first stop was in Sweden, where officials signed multiple Memorandas of Understanding (MoUs) and a letter of intent for military cooperation. The MoUs covered political consultations, peace and reconciliation, humanitarian and development cooperation, land transport and logistics services, and social development and family support. Additionally, Qatar Chamber and the Swedish Trade and Invest Council signed an MoU aimed at enhancing bilateral investment cooperation. Norway: Strengthening a Longstanding Relationship In Norway, the tour emphasized the strong and longstanding relationship between the two nations. Qatar and Norway signed MoUs in military cooperation

Qatar and Uzbekistan have been strengthening their economic relationship through high-level meetings this year, focusing on digital technologies and trade. Qatar is set to participate in Global ICT Week 2024 in Tashkent, showcasing its commitment to advancing digital collaboration. Key Qatari stakeholders, including Qatar Investment Authority and Qatar Development Authority, will be present. Earlier in the year, Uzbekistan’s Ministry of Digital Technologies attended the Web Summit 2024 in Doha. Plans are also underway for a Qatari business delegation to visit Uzbekistan in October, highlighting the growing interest in mutual investment opportunities. Both countries are exploring key sectors and leveraging existing agreements to boost trade. The Qatar Chamber is actively supporting partnerships and joint ventures, emphasizing the importance of investment incentives and protective legislation. Upcoming meetings in September and October will provide further insights into the investment cl

  Strategic Expansion : Qatar Energy's North Field West project is a significant move to strengthen Qatar’s position as a leading LNG exporter, involving substantial greenfield investments of up to QAR 65.5 billion (USD 18 billion). LNG Production Boost : The expansion will increase Qatar's LNG production capacity by 16 million tonnes per year, leading to an 85% total increase, bringing annual production to 142 million tonnes. Untapped Reserves : The North Field holds an estimated 240 trillion cubic feet of untapped gas reserves, increasing Qatar’s total reserves to over 2,000 trillion cubic feet, ensuring long-term competitive advantage. Market Opportunities : The project will open up numerous opportunities for businesses in Qatar, especially with the increase in tenders and contracts related to the expansion. Global LNG Market Influence : Qatar’s expansion positions it to meet the rising demand for LNG in both traditional Asian markets and the growing European market, seeking

  The Qatar Financial Centre (QFC) , Qatar’s premier onshore financial and business hub, has reported a significant rise in new company registrations for the first half of 2024. This marks a pivotal moment for the QFC as it continues to drive economic diversification and position Qatar as a leading technology hub in the Gulf Cooperation Council (GCC) region. Record Growth in Company Registrations In the first six months of 2024, QFC registered 505 new firms, a 230% increase from the 149 firms registered during the same period in 2023. This surge brings the total number of companies on the QFC platform to over 2,200, showcasing the growing appeal of Qatar as a destination for business and investment. Technology Sector Leading the Surge The technology sector emerged as the largest contributor to this growth, accounting for nearly 38% of the newly registered firms. This impressive figure is partly due to QFC’s strategic involvement in the Web Summit 2024 held in Doha, where exclusive inc

  𝐐𝐚𝐭𝐚𝐫 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐬 𝐓𝐨𝐩 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐚𝐧𝐤𝐢𝐧𝐠 𝐢𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 2024 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Qatar has risen to 11th place in the World Competitiveness Yearbook 2024 by IMD. 𝐊𝐞𝐲 𝐑𝐚𝐧𝐤𝐢𝐧𝐠𝐬: Economic Performance: 4th Government Efficiency: 7th Business Efficiency: 11th Infrastructure: 33rd 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: Top rankings in unemployment rate, youth unemployment rate, and terms of trade index. First in consumption and personal income tax rates. Leading in corporate board effectiveness and energy infrastructure. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐕𝐢𝐬𝐢𝐨𝐧: Qatar's strides towards Vision 2030 are attracting global #investments and #startups. 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐚𝐫𝐭 𝐔𝐩 𝐐𝐚𝐭𝐚𝐫: Discover our expertise in market research, business development, and company formation in Qatar. 𝐑𝐞𝐚𝐜𝐡 𝐨𝐮𝐭 to us and explore 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 with Business Start Up Qatar. 𝐑𝐞𝐚𝐝 𝐦𝐨