BUSINESS START UP QATAR

  Introduction : Qatar's non-energy private sector economy has experienced remarkable growth, defying expectations and painting a positive picture for the future. According to recent data from the Qatar Financial Centre (QFC), the sector has shown sustained expansion throughout 2023, with a 12-month outlook that remains firmly optimistic across all sectors. This article explores the key findings from the latest Purchasing Managers' Index (PMI) survey and sheds light on the factors contributing to the sector's success. Solid Performance and Positive Contributions : The PMI survey results reveal that growth rates for output, new orders, employment, and purchasing have remained solid, indicating a thriving non-energy economy. The survey, conducted among a panel of around 450 private sector companies spanning various industries such as manufacturing, construction, wholesale, retail, and services, provides an accurate reflection of the non-energy economy based on official nation

  Qatar emerges as the leader in 5G download speeds within the GCC region, boasting an impressive average of 312 Mbps, according to a recent report by Opensignal. The country's peak download speeds reach an even more remarkable 782 Mbps, solidifying its position at the forefront of 5G technology. Qatar's upload speeds of 29.3 Mbps also claim the top spot in the Gulf Cooperation Council Countries. Opensignal 's classification of Qatar's 5G video experience as 'good' further underscores the country's advancements in 5G infrastructure.  This achievement has empowered telecom providers like Ooredoo and Vodafone to offer a wider range of content and services to both consumers and corporate clients, thanks to faster and more reliable connections. With 5G rapidly becoming the most crucial wireless connectivity technology worldwide, the industry is already targeting further improvements with the deployment of 5G release 16 and 17 in the coming years. As Qatar contin

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Introduction: Qatar's construction industry is a dynamic and flourishing landscape, poised to reach new heights in the coming years. With a current valuation of QAR 210 billion, industry analysts project a remarkable surge to QAR 325 billion by 2028. This article delves into the factors driving this growth, explores key investment avenues, and sheds light on the future prospects of Qatar's construction sector. A Steady Growth Engine: The construction market in Qatar is experiencing a steady compound annual growth rate (CAGR) of 9.0% from 2023 to 2028. This upward trajectory can be attributed to the increased construction activities across multiple sectors, including industrial, infrastructure, and energy. Notably, the ambitious North Field Expansion (NFE) project has played a pivotal role in propelling the sector forward. Government Support and Direct Funding: Qatar's government has been instrumental in bolstering the construction industry through substantial reserves and b

Qatar is making great strides in creating a business-friendly environment with the recent launch of its simplified single window platform. This groundbreaking initiative, a collaborative effort by the ministries of Commerce and Industry, Labour, Justice, and Interior, aims to transform the way companies register and conduct business in the State. The new platform expands the scope of the single window and introduces a range of services that simplify company registration procedures. By digitizing transactions and eliminating the need to visit multiple ministry websites or physical locations, the platform offers convenience and efficiency to entrepreneurs and investors. One of the key highlights is the simplified process of issuing commercial registrations, which now allows applicants to add the Computer Card to the registration. Moreover, labor approvals will be automatically issued in coordination with the Ministry of Labour, easing the recruitment process for businesses and giving the

  Qatar is strategically focusing on public-private partnerships (PPPs) as a means to attract foreign direct investment (FDI), according to the Investment Promotion Agency Qatar (IPA Qatar). The ongoing success of the PPP strategy is already evident in sectors such as oil, gas, and banking. However, the country is expanding its scope and placing a particular emphasis on technology, given the rapid development in the information and communications technology (ICT) sector. This growth has resulted in a significant portion, 27%, of FDI inflows coming from the tech industry, and this percentage is expected to continue increasing. The IPA Qatar plays a crucial role in driving these initiatives. In its annual 2022 report, the agency announced the creation of over 13,972 new jobs across 135 FDI projects in the previous year. Additionally, Qatar's thriving FDI ecosystem witnessed an impressive QAR 1.08 trillion (USD 29.8 billion) in capital expenditure. This represents nearly 25 times the

  Qatar's logistics market is poised to outperform other GCC countries, according to Qatar's Investment Promotion Agency (IPA). With a projected value of QAR 34.6 trillion (USD 9.5 trillion) in 2021, the global supply chains, logistics, and warehousing sector holds promising prospects. Ranked second in logistical performance in the Middle East, Qatar offers a business-friendly environment and easy access to support systems and global connectivity through its free zones. Additionally, Qatar's advanced technological infrastructure and AI tools enhance logistics management. In exciting news, Qatari subsidiary Al Seeb Technical (SARCO) will establish an integrated logistics center in Oman with an initial investment of QAR 182 million (USD 50 million). The center will provide storage and distribution services across various sectors. For comprehensive business support, Business Start Up Qatar offers expertise in market research, feasibility studies, organizational structuring, sp