BUSINESS START UP QATAR

Photo by BSUQ   Qatar continues to showcase its strong trade position with a foreign merchandise trade surplus of QAR 17.7 billion in September 2024, according to preliminary data from the National Planning Council. While the surplus reflects the nation’s robust economic activity, changes in export and import trends reveal key insights into the market. Export Highlights Total Exports: Qatar’s total exports, including domestic goods and re-exports, stood at QAR 27.6 billion. This represents: A 7.9% decrease compared to August 2024. A 7% drop year-on-year from September 2023. Petroleum Products: Exports of petroleum gases and gaseous hydrocarbons (including LNG, condensates, propane, and butane) amounted to QAR 16.7 billion, with a slight 0.1% decline . Crude petroleum oil exports fell by 31.3% , reaching QAR 3.7 billion. Non-crude petroleum oils dropped by 21.5% , totaling QAR 2.5 billion. Import Highlights Total Imports: Qatar’s imports reached approximately QAR 9.9 billion, re...

Qatar's Government Unveils Procurement Plan Forum 2025: Boosting Private Sector Growth and Economic Diversification Qatar’s Ministry of Finance, in collaboration with the Ministry of Commerce and Industry, Qatar Development Bank, and Qatar Chamber, recently hosted the second edition of the Government Procurement Plan Forum. The event highlighted Qatar’s commitment to driving economic diversification by strengthening the private sector as a key engine of growth and innovation. Key Highlights of the 2025 Procurement Strategy The forum showcased Qatar’s comprehensive procurement strategy for 2025, emphasizing transparency, collaboration, and creating more business opportunities for local companies. As part of the strategy, the government plans to release 3,303 tenders across 21 sectors— a significant increase from 2024, demonstrating Qatar’s dedication to diversifying its economy. Strategic Focus Areas for 2025 The majority of the tenders, approximately 71%, will be focused on five ke...

photo by Business Start Up Qatar The Ministry of Commerce and Industry (MoCI) and Invest Qatar recently hosted the second annual Government Sector Forum, uniting over 50 representatives from 26 government agencies. This event aimed to evaluate achievements, address challenges, and outline strategies for empowering the private sector, aligning with Qatar National Vision 2030. Key discussions included the Third National Development Strategy 2024-2030, which focuses on improving the business environment, driving economic diversification, and fostering private sector leadership. MoCI emphasized the importance of innovation, streamlined services, and strategic partnerships to position the private sector as a central contributor to Qatar's economic growth. Invest Qatar highlighted recent regulatory improvements and presented insights into the nation’s investment climate, showcasing its commitment to creating a business-friendly ecosystem. With initiatives like the Roundtable Project and...