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Showing posts from July, 2023

Join QRDI's Open Innovation Program: Pioneering Cutting-Edge Technologies in Qatar

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Embracing Innovation: Qatar's Exciting Tech Journey with QRDI Council! Introduction: Welcome to a thrilling chapter of technological advancement in the dynamic business landscape of Qatar! Qatar Research Development and Innovation has set the stage for an extraordinary journey of innovation through its flagship initiative, the Qatar Open Innovation program. In this blog post, we'll delve into the exciting opportunities this program offers and how it fosters collaboration between startups, strategic entities, and major corporations to pioneer groundbreaking technologies for priority sectors in Qatar. A Gateway to Innovation : The Qatar Open Innovation program acts as a gateway to unleash the boundless potential of innovation in the country. By inviting innovators to collaborate with strategic entities, including government agencies and prominent local enterprises, the program creates a unique platform for the convergence of ideas and expertise. This collaboration is the spark th

Qatar's Path to Greatness: Unveiling 22 Pioneering Projects and North Field Expansion Advancements

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The news of Qatar's Public Works Authority (Ashghal) initiating 22 groundbreaking projects worth over QAR 4.1 billion in 2023 is a testament to the nation's unwavering commitment to growth and development. With six projects already awarded and ten in the process of implementation, Qatar's journey towards greatness is well underway. The diversity of these projects, ranging from the development of essential healthcare facilities like Hamad Medical Corporation and Madinat Khalifa Health Centre to transformative educational initiatives such as Qatar Academy Sidra, showcases Qatar's dedication to uplifting its citizens' lives. Furthermore, the upcoming six projects in the third quarter, focusing on infrastructure and public buildings, align perfectly with the State's visionary plan. The Court Complex, Court of Cassation, Al Thumama Main Post Office Building, and Road Transport Customs Buildings are set to redefine Qatar's urban landscape. But the excitement doe

Qatar's Non-Energy Sector: Sustained Growth and Promising Outlook

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  Introduction : Qatar's non-energy private sector economy has experienced remarkable growth, defying expectations and painting a positive picture for the future. According to recent data from the Qatar Financial Centre (QFC), the sector has shown sustained expansion throughout 2023, with a 12-month outlook that remains firmly optimistic across all sectors. This article explores the key findings from the latest Purchasing Managers' Index (PMI) survey and sheds light on the factors contributing to the sector's success. Solid Performance and Positive Contributions : The PMI survey results reveal that growth rates for output, new orders, employment, and purchasing have remained solid, indicating a thriving non-energy economy. The survey, conducted among a panel of around 450 private sector companies spanning various industries such as manufacturing, construction, wholesale, retail, and services, provides an accurate reflection of the non-energy economy based on official nation

Qatar tops average 5G download speeds in GCC region

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  Qatar emerges as the leader in 5G download speeds within the GCC region, boasting an impressive average of 312 Mbps, according to a recent report by Opensignal. The country's peak download speeds reach an even more remarkable 782 Mbps, solidifying its position at the forefront of 5G technology. Qatar's upload speeds of 29.3 Mbps also claim the top spot in the Gulf Cooperation Council Countries. Opensignal 's classification of Qatar's 5G video experience as 'good' further underscores the country's advancements in 5G infrastructure.  This achievement has empowered telecom providers like Ooredoo and Vodafone to offer a wider range of content and services to both consumers and corporate clients, thanks to faster and more reliable connections. With 5G rapidly becoming the most crucial wireless connectivity technology worldwide, the industry is already targeting further improvements with the deployment of 5G release 16 and 17 in the coming years. As Qatar contin

Exploring Qatar's Thriving Fintech Scene: Startup Grind Doha Event on Ju...

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Don't miss the exciting Startup Grind Doha event on July 10th, where you'll dive into Qatar's thriving Fintech scene! Be captivated by the remarkable stories of Ahmed Isse (Dibsy), Michael Javier (CWALLET), Mohammed Suleiman (KARTY), and Mohammed Al-Delaimi (SkipCash). The panel discussion will be moderated by Steve Mackie, partner at Soutien Group and co-founder of Business Start Up Qatar Get ready to be inspired and empowered!   Register here: https://bit.ly/3NYsWGT #StartupGrindDoha #Fintech #Startups #Qatar #Innovation #Event

Unveiling Qatar's Construction Sector: A Landscape of Lucrative Opportunities

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Introduction: Qatar's construction industry is a dynamic and flourishing landscape, poised to reach new heights in the coming years. With a current valuation of QAR 210 billion, industry analysts project a remarkable surge to QAR 325 billion by 2028. This article delves into the factors driving this growth, explores key investment avenues, and sheds light on the future prospects of Qatar's construction sector. A Steady Growth Engine: The construction market in Qatar is experiencing a steady compound annual growth rate (CAGR) of 9.0% from 2023 to 2028. This upward trajectory can be attributed to the increased construction activities across multiple sectors, including industrial, infrastructure, and energy. Notably, the ambitious North Field Expansion (NFE) project has played a pivotal role in propelling the sector forward. Government Support and Direct Funding: Qatar's government has been instrumental in bolstering the construction industry through substantial reserves and b