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Showing posts from June, 2023

Qatar's Single Window: Simplifying Business, Boosting Growth!

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Qatar is making great strides in creating a business-friendly environment with the recent launch of its simplified single window platform. This groundbreaking initiative, a collaborative effort by the ministries of Commerce and Industry, Labour, Justice, and Interior, aims to transform the way companies register and conduct business in the State. The new platform expands the scope of the single window and introduces a range of services that simplify company registration procedures. By digitizing transactions and eliminating the need to visit multiple ministry websites or physical locations, the platform offers convenience and efficiency to entrepreneurs and investors. One of the key highlights is the simplified process of issuing commercial registrations, which now allows applicants to add the Computer Card to the registration. Moreover, labor approvals will be automatically issued in coordination with the Ministry of Labour, easing the recruitment process for businesses and giving the

Qatar focussing on PPP strategy to attract FDI

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  Qatar is strategically focusing on public-private partnerships (PPPs) as a means to attract foreign direct investment (FDI), according to the Investment Promotion Agency Qatar (IPA Qatar). The ongoing success of the PPP strategy is already evident in sectors such as oil, gas, and banking. However, the country is expanding its scope and placing a particular emphasis on technology, given the rapid development in the information and communications technology (ICT) sector. This growth has resulted in a significant portion, 27%, of FDI inflows coming from the tech industry, and this percentage is expected to continue increasing. The IPA Qatar plays a crucial role in driving these initiatives. In its annual 2022 report, the agency announced the creation of over 13,972 new jobs across 135 FDI projects in the previous year. Additionally, Qatar's thriving FDI ecosystem witnessed an impressive QAR 1.08 trillion (USD 29.8 billion) in capital expenditure. This represents nearly 25 times the

Qatar logistics sector to exceed growth of neighbours

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  Qatar's logistics market is poised to outperform other GCC countries, according to Qatar's Investment Promotion Agency (IPA). With a projected value of QAR 34.6 trillion (USD 9.5 trillion) in 2021, the global supply chains, logistics, and warehousing sector holds promising prospects. Ranked second in logistical performance in the Middle East, Qatar offers a business-friendly environment and easy access to support systems and global connectivity through its free zones. Additionally, Qatar's advanced technological infrastructure and AI tools enhance logistics management. In exciting news, Qatari subsidiary Al Seeb Technical (SARCO) will establish an integrated logistics center in Oman with an initial investment of QAR 182 million (USD 50 million). The center will provide storage and distribution services across various sectors. For comprehensive business support, Business Start Up Qatar offers expertise in market research, feasibility studies, organizational structuring, sp