BUSINESS START UP QATAR

71% of all investments made in the Middle East came to Qatar in the second quarter of this year, according to the Investment Promotion Agency Qatar (IPA). The report offers quarterly updates on trends in foreign direct investment (FDI) and tracks FDI flows globally and regionally using both internal and external data sources. According to the report, a total of QAR 70.01 billion (USD 19.2 billion) worth of investments were made in the State of Qatar, which resulted in the creation of 6,680 employment across 11 projects. Software and IT, business services, financial services, coal, oil, and gas were the main industries. Read more:   Qatar attracts most FDI in ME and meets key partners

Social entrepreneurs working to create solutions for neighborhood issues are becoming more prevalent in Qatar. At a recent event, prominent stakeholders in the community of Qatari businesswomen and men stressed the importance of supporting micro, small, and medium-sized firms (MSMEs) in their digital transformation to boost the number of "Made in Qatar" goods and promote entrepreneurship. It also mentioned how crucial support is given to young businesspeople in the nation by the public sector, which includes ministries, institutions, and organizations. The event featured the Nama Center, which just launched a "Be a Social Entrepreneur" program and offers help for social entrepreneurs. Additionally, the government offers assistance to micro businesses in a number of industries, including agriculture, food, and beverage, education, health and wellness, sports, and lifestyle. In keeping with Qatar's National Vision 2030, the Minister of Education & Higher Educa

Samsung C&T of South Korea was recently given a sizable solar energy power plant contract by Qatar Energy Renewable Solutions. Samsung will construct two massive photovoltaic (PV) plants under the QAR 2.3 billion (USD 630 million) Engineering, Procurement and Construction (EPC) contract in the industrial cities of Ras Laffan (RLIC) and Mesaieed (MIC). Each plant will have a total area of ten square kilometers and an 875 megawatt capacity. By 2024, the Industrial Cities solar power project (IC Solar) is anticipated to boost Qatar's capacity to generate renewable energy to 1.675 gigawatts. According to data from cnet.com, one gigawatt can power around 750,000 houses. Read more:  Mega-solar power projects for sustainability in Qatar

  Qatar has made clear its intention to create a sustainable food supply system, in line with the Sustainable Development Goals for 2030 set forth by the United Nations. The Qatar National Vision 2030, which outlines the government's objectives for economic diversification and improvement while simultaneously enhancing living standards, is another source of inspiration for this initiative. In recent years, a number of connected projects and activities have been launched. An analytics platform for national food security has recently been successfully launched in Qatar. This technology compiles and organizes all available data on food security into a digital dashboard that is accessible to Qatari decision-makers. This leads to an improvement in the creation of data-driven and fact-based codes and policies. Read more:  Qatar to build the most sustainable food supply chain

With a focus on the private sector, Qatar Chamber (QC) has successfully launched its updated labor re-employment platform. In order to help local businesses hire available or unemployed local talent, the digital platform is run in coordination and cooperation with the Ministry of Labour (MOL). The most recent iteration of the re-employment platform will provide Qatar-based businesses access to the local market to find unskilled and skilled workers rather than hiring from abroad. By using this procedure, businesses and projects will continue to run smoothly while saving time and money on hiring. Additionally, because the MOL is directly involved, the platform facilitates the transition of employees from one organization to another. Read more: Labour Launch Qatar

Small and medium-sized businesses (SMEs) in the State of Qatar account for 97% of all privately registered firms and 16% of its non-oil GDP (GDP). The Oxford Business Group report "The Report: Qatar 2022" emphasized that SMEs are the foundation of major economies all over the world and significant forces behind economic diversification and GDP development. Qatar has created a number of incubation and accelerator programs to promote and support with knowledge and experience the development of SMEs. The government has actively urged banks to provide new funding options to entrepreneurs looking to launch or expand their businesses in order to advance the sector. Similar to this, the well-known "Made in Qatar" initiative is supported by the Qatar Chamber of Commerce & Industry (QCCI), which places its products in national and regional exhibits. Through its Ma'an (together) project in collaboration with Qatar University (QU) and the Qatar Development Bank , addi

  In order to achieve its goal of being a centre for sustainable innovation by 2030, Qatar is giving special attention to the development of a start-up ecosystem. The backing of important stakeholders, such as Qatar Development Bank (QDB), among many others, is helping a number of locally based start-ups and scale-ups. KARTY, a FinTech platform that enables users to spend, save, and manage their funds in a single application, is one of these success stories. The start-up, which is situated in Msheireb, has raised QAR 4.3 million (USD 1.2 million) in a pre-seed round from a variety of investors, including angel investors based in Qatar and Visa, QDB, and QF. By utilizing cutting-edge technology and transaction data, KARTY seeks to revolutionize everyday banking experiences. Read more:  Qatar generates home-grown start-up success stories

  Trade between Qatar and United Kingdom at new heights @Zawya @psa_qatar The State of Qatar and the United Kingdom will continue to deepen their long-standing trade ties and broaden their engagement and cooperation in a variety of areas. Recently, ministers from the two countries evaluated areas of shared concern with the goal of enhancing collaboration in the trade, investment, and industrial sectors. Launching a digital database to offer pertinent information to investors interested in participating across many sectors is currently being worked on. Qatar's imports have expanded as a result of the cooperation between British and Qatari businesses. The UK has removed the need for a visa for investors from Qatar in order to promote foreign direct investment. On the other hand, the State of Qatar has already implemented a number of policies to support the private sector with incentives, laws, and chances that are guaranteed, all with the goal of enticing British investment in the na

Launch of “1000 opportunities initiative” in Qatar  The State of Qatar's Ministry of Commerce and Industry (MoCI), as of late sent off the "1000 Opportunities Initiative" to work with organizations among public and confidential area. The public drive is controlled by an electronic stage that permits neighborhood financial backers to get stakes in significant public and worldwide organizations working in Qatar. It will offer open doors in future and existing activities in the modern area which has seen impressive improvement throughout the last years. Qatar is focusing on open and confidential organizations (PPP) in accordance with the Qatar National Vision 2030. Such organizations emphatically add to various areas of the economy and are valuable to little and medium endeavors (SMEs). The '1000 Opportunities Initiative' will likewise deliver an appealing business climate by confining inventory chains as well as further developing effectiveness of specialist co-ops.

Qatar announces provisional commercial licenses   Qatar's Ministry of Commerce and Industry (MoCI) lately launched a new service to issue provisional industrial licenses for all business activities. The provider will be collectively carried out with the Ministry of Interior (MoI) and the Ministry of Labour (MoL).  The provider will be handy for business things to do together with hotels and fitness services amongst others. However, it excludes the administrative places of work category, which covers contracting, cleaning services, and others. The MoCI has prompted that specific circumstances should be met to give temporary business licenses. Read more here: qatar-announces-provisional-commercial-licences/

 Qatar Central Bank (QCB) will launch a new fintech approach throughout the fourth quarter of 2022. The QCB initiative is phase of a wide variety of measures being carried out to promote a digital society as the country will increase its digital choices along with in banking. Plans to license economic science agencies will be applied soon. The improve of the fee device will end result in a entirely built-in platform utilising centralised infrastructure to facilitate nationwide actual time payments. These measures will enable banks to receive contactless repayments from digital wallets among different benefits. QCB additionally printed that as the world`s main Liquid Natural Gas (LNG) exporter, Qatar’s cutting-edge financial endeavor is lots more advantageous than in 2020 and 2021. Most importantly, financial possibilities stay positive, primarily based on the recuperation in home demand, non-public area credit score increase and preparations to host the FIFA World Cup Qatar 2022. Accor

The State of Qatar and the Federal Republic of Germany intention to make bigger their robust business and monetary funding ties. The two international locations lately signed numerous Memorandum of Understandings (MoUs) which construct on the Qatari-German Joint Commission on Economic, Trade and Technical Cooperation to inspire mutual investments. Other signed MoUs in a number of sectors encompass health, sports, media, archaeology, photo voltaic energy, culture, industry, trade, civil aviation and air transport. The State of Qatar additionally signed a joint assertion of intent to similarly promote cooperation in the power sector. The settlement is anticipated to increase into a collectively advisable partnership as Germany goals to diversify its gasoline grant with the aid of the use of liquefied herbal fuel (LNG) imports from Qatar. The partnership will foster Germanys electricity safety for the duration of the transition duration toward carbon neutrality and renewable electricity s

 Qatar’s technological know-how zone is increasing and affords new possibilities and probabilities in line with the growth in the digital transformation. The subject matter was once debated in the latest webinar named “Back to Global - Berlin Startups Explore Opportunities in Qatar” which was once introduced via Tasmu Digital Valley and Berlin Partner. The QFC works intently with many systems and presents an easy route to structure a company. It is one of the 4 jurisdictions in the State of Qatar and presents one hundred percent overseas ownership, a felony machine primarily based on English law, one end store for preparation, formation, and operation, a fascinating tax machine with many double taxation agreements, and many different benefits. In phrases of statistics and conversation technology, Ooredoo and different key gamers are remodeling the united states into a clever and digital nation. They provide a full variety of connectivity, cloud, and IoT merchandise and offerings and ar

The State of Qatar is rating ninth on the listing of pinnacle nations for entrepreneurs in accordance with the National Entrepreneurial Context Index (NECI) 2021. The pinnacle function is due to many elements which include the country`s profitable country-wide improvement techniques which guide and promote new corporations and motivate lady entrepreneurs. These effects rank Qatar greater than many developed economies which include the United States, France, Germany, Canada, the United Kingdom, and Japan. The record finds that Qatar`s populace has constantly expressed excessive degrees of entrepreneurial confidence, each amongst the familiar populace and amongst entrepreneurs. It additionally ranks Qatar amongst the pinnacle international locations with the best degrees of new job expectations. Unsurprisingly given this degree of assurance, 50.4 percent of the Qatar populace count on to begin an enterprise within the subsequent three years. This is similarly supported by way of findings

Qatar remains a promising market in the region. Road to 2022 QatarEnergy Qatar Stock Exchange QIC - Qatar Insurance Company UBS Intesa Sanpaolo Credit Suisse #ForeignDirectInvestment #InvestmentGrowth #InvestmentMarket https://bit.ly/Investment-Growth

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