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Showing posts with the label Qatar business opportunities

Qatar's USD 19 Billion Investment Plans for 2024

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Qatar's Ambitious Investment Drive: Qatar has announced groundbreaking investment plans for 2024, aiming to spend over QAR 70 billion (USD 19 billion) on a multitude of projects. Key Players : These plans involve the collaboration of the Public Works Authority (Ashghal) and the Qatar General Electricity and Water Corporation (Kahramaa), who will jointly implement 395 projects. Ashghal's Contributions: Ashghal is set to release 116 tenders, with a total value of QAR 59 billion (USD 16.2 billion), focusing on various infrastructure projects. Kahramaa's Involvement: Kahramaa's contributions include 279 tenders, amounting to QAR 8.9 billion (USD 2.4 billion), spanning across sectors such as water and electricity networks. Building on Success: These plans build upon the success of 2023's development initiatives, which saw 22 new projects, including land development, road improvements, and beautification projects. Diverse Sectors: Notably, key government entities, inc

Qatar's Upcoming Events Set to Supercharge its Economy

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A Packed Calendar of World-Class Events Aims to Drive Tourism and Business Opportunities in Qatar Qatar, a burgeoning hub of tourism and economic potential, is gearing up to host a spectacular array of world-class events that are expected to not only bolster its economy but also enhance its reputation as a global destination. With an ambitious goal of welcoming over six million visitors annually by 2030, these upcoming events span across various sectors, including real estate, construction, technology, hospitality, travel, health, and sports. The strategy behind this lineup is clear - to elevate the contribution of the travel and tourism sector to Qatar's Gross Domestic Product (GDP) while creating abundant job opportunities. A Sporting Extravaganza Kicking off the lineup is the much-anticipated 2023 AFC Asian Football Cup, originally slated for January 2024 due to pandemic-related delays. Qatar, fresh off the success of hosting the FIFA World Cup in 2022, is set to impress footbal