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Showing posts from July, 2024

Ooredoo and NVIDIA Team Up to Launch AI-Powered MENA Digital Hub

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Qatar’s telecommunications giant, Ooredoo, has partnered with NVIDIA to deploy cutting-edge artificial intelligence (AI) technology across its data centers in five Middle Eastern countries. This strategic collaboration marks NVIDIA's first large-scale launch in the Middle East, setting a promising precedent for AI technology in the region. Expanding AI Capabilities in the Middle East Ooredoo’s partnership with NVIDIA makes it the first company to provide clients in Qatar, Algeria, Tunisia, Oman, Kuwait, and the Maldives direct access to NVIDIA’s advanced AI and graphics processing technology. This initiative is part of Ooredoo’s broader strategy to boost AI infrastructure in the MENA region, ensuring enhanced security, optimized performance, and customization aligned with local standards. Development of the MENA Digital Hub Ooredoo is developing the MENA Digital Hub, an AI-ready platform powered by NVIDIA’s full-stack innovation. This platform will include systems, software, and se

Qatar Reduces Commercial Service Fees and Ground Rents

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Key Highlights Massive Fee Reductions Announced: The Ministry of Commerce and Industry (MOCI) in Qatar has announced up to a 90% reduction in selected service fees for commercial, industrial, business development, and consumer protection sectors. Strategic Objectives: This initiative aligns with the Third National Development Strategy 2024-2030, aiming to diversify the economy and achieve sustainable growth under Qatar National Vision 2030. Benefits for Entrepreneurs and SMEs: The fee reductions will significantly benefit entrepreneurs, small and medium enterprises (SMEs), startups, and national projects, fostering innovation and competitiveness while encouraging local, regional, and foreign investment. Extensive Coverage: The new fee structure includes reductions across all Ministry sectors, covering services such as commercial registration, licenses, agents registry, corporate services, and investment business services. Additional reductions apply to auditors, copyrights, patents