BUSINESS START UP QATAR

  The Qatar Financial Centre (QFC) , Qatar’s premier onshore financial and business hub, has reported a significant rise in new company registrations for the first half of 2024. This marks a pivotal moment for the QFC as it continues to drive economic diversification and position Qatar as a leading technology hub in the Gulf Cooperation Council (GCC) region. Record Growth in Company Registrations In the first six months of 2024, QFC registered 505 new firms, a 230% increase from the 149 firms registered during the same period in 2023. This surge brings the total number of companies on the QFC platform to over 2,200, showcasing the growing appeal of Qatar as a destination for business and investment. Technology Sector Leading the Surge The technology sector emerged as the largest contributor to this growth, accounting for nearly 38% of the newly registered firms. This impressive figure is partly due to QFC’s strategic involvement in the Web Summit 2024 held in Doha, where exclusive inc

  𝐐𝐚𝐭𝐚𝐫 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐬 𝐓𝐨𝐩 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐚𝐧𝐤𝐢𝐧𝐠 𝐢𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 2024 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Qatar has risen to 11th place in the World Competitiveness Yearbook 2024 by IMD. 𝐊𝐞𝐲 𝐑𝐚𝐧𝐤𝐢𝐧𝐠𝐬: Economic Performance: 4th Government Efficiency: 7th Business Efficiency: 11th Infrastructure: 33rd 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: Top rankings in unemployment rate, youth unemployment rate, and terms of trade index. First in consumption and personal income tax rates. Leading in corporate board effectiveness and energy infrastructure. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐕𝐢𝐬𝐢𝐨𝐧: Qatar's strides towards Vision 2030 are attracting global #investments and #startups. 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐚𝐫𝐭 𝐔𝐩 𝐐𝐚𝐭𝐚𝐫: Discover our expertise in market research, business development, and company formation in Qatar. 𝐑𝐞𝐚𝐜𝐡 𝐨𝐮𝐭 to us and explore 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 with Business Start Up Qatar. 𝐑𝐞𝐚𝐝 𝐦𝐨

Qatar’s telecommunications giant, Ooredoo, has partnered with NVIDIA to deploy cutting-edge artificial intelligence (AI) technology across its data centers in five Middle Eastern countries. This strategic collaboration marks NVIDIA's first large-scale launch in the Middle East, setting a promising precedent for AI technology in the region. Expanding AI Capabilities in the Middle East Ooredoo’s partnership with NVIDIA makes it the first company to provide clients in Qatar, Algeria, Tunisia, Oman, Kuwait, and the Maldives direct access to NVIDIA’s advanced AI and graphics processing technology. This initiative is part of Ooredoo’s broader strategy to boost AI infrastructure in the MENA region, ensuring enhanced security, optimized performance, and customization aligned with local standards. Development of the MENA Digital Hub Ooredoo is developing the MENA Digital Hub, an AI-ready platform powered by NVIDIA’s full-stack innovation. This platform will include systems, software, and se

Key Highlights Massive Fee Reductions Announced: The Ministry of Commerce and Industry (MOCI) in Qatar has announced up to a 90% reduction in selected service fees for commercial, industrial, business development, and consumer protection sectors. Strategic Objectives: This initiative aligns with the Third National Development Strategy 2024-2030, aiming to diversify the economy and achieve sustainable growth under Qatar National Vision 2030. Benefits for Entrepreneurs and SMEs: The fee reductions will significantly benefit entrepreneurs, small and medium enterprises (SMEs), startups, and national projects, fostering innovation and competitiveness while encouraging local, regional, and foreign investment. Extensive Coverage: The new fee structure includes reductions across all Ministry sectors, covering services such as commercial registration, licenses, agents registry, corporate services, and investment business services. Additional reductions apply to auditors, copyrights, patents

Qatar's private sector exports in the first quarter of 2024 amounted to an impressive QAR 2.53 billion (USD 700 million), marking a 6% increase compared to QAR 2.39 billion (USD 660 million) in Q4 2023. This data, released by Qatar Chamber, highlights the robust growth in the country's export sector. The report detailed the data according to the type of certificates of origin issued by Qatar Chamber, revealing an increase using both the General Model and the Unified GCC Model. Exports through the General Model rose by 12%, from QAR 1.79 billion (USD 490 million) to QAR 2 billion (USD 550 million). Similarly, exports through the Unified GCC Model increased by 10%, from QAR 398 million (USD 109 million) to QAR 438 million (USD 120 million). Significant growth was observed across various sectors: Fuel exports increased by 8.6%. Steel exports surged by 89%. Industrial gases exports grew by 25%. Kerosene exports saw an extraordinary increase of 185%. Regarding economic groupings, As

Qatar's Digital Frontier: Mapping the Future of Skills Invest Qatar, in collaboration with Deloitte, has launched a joint report titled ‘Qatar's Digital Frontier: Mapping the Future of Skills.’ This comprehensive study delves into the significance of nurturing digital skills as a fundamental pillar for expediting digital transformation and provides valuable insights into the evolving landscape of the workforce in the digital era. Qatar's commitment to developing digital skills, as prioritized in its National Vision 2030, reflects its dedication to fostering a future-ready, digitally competent workforce. The country has strategically prioritized the cultivation of digital skills to bridge the gap between industry demands and available skills, crucial for unlocking opportunities and maintaining competitiveness. This commitment is evident through the launch of several initiatives spanning academia, research hubs, and industrial partnerships. Qatar's digital skills developm

  Qatar's Government Prioritizing Environment, Water, and Biodiversity Qatar has launched a series of ambitious environmental initiatives aimed at safeguarding its ecosystems, recycling water resources, and enhancing biodiversity. These nature-based solutions (NbS) are particularly focused on agriculture, supported by detailed mapping efforts to identify optimal areas for various types of trees and crops. Aligned with Qatar National Vision 2030, these initiatives are enhancing and sustaining coastal areas through the expansion of tree forests within natural reserves. These efforts not only boost biodiversity but also contribute to food security and aid in carbon reduction and oxygen production. Notably, Qatar has successfully tackled challenges like rising temperatures and limited arable land in its coastal development strategy. Collaboration with specialized scientific research centers has been key to Qatar's success in revitalizing ecosystems. The country's commitment to