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Showing posts from September, 2022

Qatar attracts most FDI in ME and meets key partners

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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

More interest in social entrepreneurship in Qatar

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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

Mega-solar power projects for sustainability in Qatar

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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 to build the most sustainable food supply chain

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  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