Posts

Showing posts from August, 2024

Qatar Financial Centre Licenses 505 New Businesses in 2024

Image
  The Qatar Financial Centre (QFC) , Qatar’s premier onshore financial and business hub, has reported a significant rise in new company registrations for the first half of 2024. This marks a pivotal moment for the QFC as it continues to drive economic diversification and position Qatar as a leading technology hub in the Gulf Cooperation Council (GCC) region. Record Growth in Company Registrations In the first six months of 2024, QFC registered 505 new firms, a 230% increase from the 149 firms registered during the same period in 2023. This surge brings the total number of companies on the QFC platform to over 2,200, showcasing the growing appeal of Qatar as a destination for business and investment. Technology Sector Leading the Surge The technology sector emerged as the largest contributor to this growth, accounting for nearly 38% of the newly registered firms. This impressive figure is partly due to QFC’s strategic involvement in the Web Summit 2024 held in Doha, where exclusive inc

Qatar Ranks Fourth Globally in Economic Performance for 2024

Image
  𝐐𝐚𝐭𝐚𝐫 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐬 𝐓𝐨𝐩 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐚𝐧𝐤𝐢𝐧𝐠 𝐢𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 2024 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Qatar has risen to 11th place in the World Competitiveness Yearbook 2024 by IMD. 𝐊𝐞𝐲 𝐑𝐚𝐧𝐤𝐢𝐧𝐠𝐬: Economic Performance: 4th Government Efficiency: 7th Business Efficiency: 11th Infrastructure: 33rd 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: Top rankings in unemployment rate, youth unemployment rate, and terms of trade index. First in consumption and personal income tax rates. Leading in corporate board effectiveness and energy infrastructure. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐕𝐢𝐬𝐢𝐨𝐧: Qatar's strides towards Vision 2030 are attracting global #investments and #startups. 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐚𝐫𝐭 𝐔𝐩 𝐐𝐚𝐭𝐚𝐫: Discover our expertise in market research, business development, and company formation in Qatar. 𝐑𝐞𝐚𝐜𝐡 𝐨𝐮𝐭 to us and explore 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 with Business Start Up Qatar. 𝐑𝐞𝐚𝐝 𝐦𝐨