BUSINESS START UP QATAR

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

The State of Qatar and the Federal Republic of Germany intention to make bigger their robust business and monetary funding ties. The two international locations lately signed numerous Memorandum of Understandings (MoUs) which construct on the Qatari-German Joint Commission on Economic, Trade and Technical Cooperation to inspire mutual investments. Other signed MoUs in a number of sectors encompass health, sports, media, archaeology, photo voltaic energy, culture, industry, trade, civil aviation and air transport. The State of Qatar additionally signed a joint assertion of intent to similarly promote cooperation in the power sector. The settlement is anticipated to increase into a collectively advisable partnership as Germany goals to diversify its gasoline grant with the aid of the use of liquefied herbal fuel (LNG) imports from Qatar. The partnership will foster Germanys electricity safety for the duration of the transition duration toward carbon neutrality and renewable electricity s