BUSINESS START UP QATAR

Qatar strides boldly into a new era as the cabinet recently gave the green light to the draft of the third National Development Strategy (NDS3) spanning 2024-2030. Aligned with the visionary objectives of the Qatar National Vision 2030 , this strategy heralds a monumental transformation, steering Qatar towards becoming an advanced state committed to sustainable development and the welfare of its citizens. Key Highlights of NDS3: Strategic Priorities: The NDS3 places strategic emphasis on competitiveness, innovation, and institutional excellence, maintaining a delicate balance between sustainable growth and social cohesion. Aligned with the Qatar National Vision 2030, the strategy rests on four foundational pillars—human, social, economic, and environmental development. Economic Ambitions: Qatar sets its sights on a 4% economic growth until 2030 through expanded gas production and accelerated economic diversification. The government's vision includes positioning Qatar among the top

71% of all investments made in the Middle East came to Qatar in the second quarter of this year, according to the Investment Promotion Agency Qatar (IPA). The report offers quarterly updates on trends in foreign direct investment (FDI) and tracks FDI flows globally and regionally using both internal and external data sources. According to the report, a total of QAR 70.01 billion (USD 19.2 billion) worth of investments were made in the State of Qatar, which resulted in the creation of 6,680 employment across 11 projects. Software and IT, business services, financial services, coal, oil, and gas were the main industries. Read more:   Qatar attracts most FDI in ME and meets key partners

Samsung C&T of South Korea was recently given a sizable solar energy power plant contract by Qatar Energy Renewable Solutions. Samsung will construct two massive photovoltaic (PV) plants under the QAR 2.3 billion (USD 630 million) Engineering, Procurement and Construction (EPC) contract in the industrial cities of Ras Laffan (RLIC) and Mesaieed (MIC). Each plant will have a total area of ten square kilometers and an 875 megawatt capacity. By 2024, the Industrial Cities solar power project (IC Solar) is anticipated to boost Qatar's capacity to generate renewable energy to 1.675 gigawatts. According to data from cnet.com, one gigawatt can power around 750,000 houses. Read more:  Mega-solar power projects for sustainability in Qatar

  Qatar has made clear its intention to create a sustainable food supply system, in line with the Sustainable Development Goals for 2030 set forth by the United Nations. The Qatar National Vision 2030, which outlines the government's objectives for economic diversification and improvement while simultaneously enhancing living standards, is another source of inspiration for this initiative. In recent years, a number of connected projects and activities have been launched. An analytics platform for national food security has recently been successfully launched in Qatar. This technology compiles and organizes all available data on food security into a digital dashboard that is accessible to Qatari decision-makers. This leads to an improvement in the creation of data-driven and fact-based codes and policies. Read more:  Qatar to build the most sustainable food supply chain

With a focus on the private sector, Qatar Chamber (QC) has successfully launched its updated labor re-employment platform. In order to help local businesses hire available or unemployed local talent, the digital platform is run in coordination and cooperation with the Ministry of Labour (MOL). The most recent iteration of the re-employment platform will provide Qatar-based businesses access to the local market to find unskilled and skilled workers rather than hiring from abroad. By using this procedure, businesses and projects will continue to run smoothly while saving time and money on hiring. Additionally, because the MOL is directly involved, the platform facilitates the transition of employees from one organization to another. Read more: Labour Launch Qatar

  Trade between Qatar and United Kingdom at new heights @Zawya @psa_qatar The State of Qatar and the United Kingdom will continue to deepen their long-standing trade ties and broaden their engagement and cooperation in a variety of areas. Recently, ministers from the two countries evaluated areas of shared concern with the goal of enhancing collaboration in the trade, investment, and industrial sectors. Launching a digital database to offer pertinent information to investors interested in participating across many sectors is currently being worked on. Qatar's imports have expanded as a result of the cooperation between British and Qatari businesses. The UK has removed the need for a visa for investors from Qatar in order to promote foreign direct investment. On the other hand, the State of Qatar has already implemented a number of policies to support the private sector with incentives, laws, and chances that are guaranteed, all with the goal of enticing British investment in the na