‘Qatar’s startup initiatives embrace transformation in tech industry’

Doha, Qatar: Qatar is currently witnessing tremendous growth in startups and thriving business initiatives as the country s national strategic vision...

Doha, Qatar: Qatar is currently witnessing tremendous growth in startups and thriving business initiatives as the country’s national strategic vision focuses on embracing the transformation in technology, said an official during the three-day ConteQ Expo 2024, which commenced yesterday at the Qatar National Convention Center.

During a panel entitled ‘Policy unlocks to drive innovation and entrepreneurism’, experts including Faraj Jassim Abdulla, Director of Digital Economy of the Ministry of Communications and Information Technology (MCIT), Rosena Nhlabatsi, Senior Policy Expert at the Qatar Research, Development and Innovation (QRDI) Council, Dr. Leslie A. Pal, Founding Dean of the College of Public Policy at HBKU, and Dr. Jack Lau  QSTP President highlighted the importance of building a robust foundation for businesses.

MCIT official, Abdulla stressed that the launch of numerous initiatives in the country reflects that Qatar is shifting towards a technology hub in the region.

He mentioned that the activities coupled with Qatar’s 2030 vision reflect the country’s resilient stance in the sector. Abdulla said: To have a better and prosperous Qatar, it consists of 6 key pillars including digital infrastructure and digital governance, and the policies are fueled by the society.

The expert also lauded Qatar Investment Authority’s $1bn fund of funds as a “major milestone” in Qatar’s ecosystem. MCIT continues to function as its digital Incubation Center supports the startup stage, business ideas, and global firms to invest heavily in the country.