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This article also features in Qatar Economy. Read more about this report and view purchase options in our online store.

What impact has the Covid-19 pandemic had on Qatar’s start-up ecosystem?

Qatar acted swiftly to contain the spread of Covid-19 in the early stages of the pandemic, harnessing the power of digital technology to implement effective test, trace and treatment strategies. At the same time, the country’s bourgeoning start-up ecosystem was mobilised to develop technological solutions to the various pandemic-related challenges facing society and the economy.

Digital transformation

Report Interview

Ghada Philip El Rassi, Board Member, MEEZA: Interview

Technology today is no longer seen as an assistant to daily business practices. It has now become a necessity and is the centre of every business strategy. Organisations that adopt digital technologies enable decision-makers to have access to all necessary information at all times, from anywhere and from the

Covid-19 Recover

What does pandemic-driven digitalisation mean for health care in the MENA region?

Faced with a significant rise in demand for health care services during the pandemic, technology has proven to be a useful tool in overcoming the capacity limits of health care facilities in Egypt, Saudi Arabia, Jordan and the UAE. This

Mohammed Ali Al Mannai, President, Communications Regulatory Authority (CRA): Interview

Qatar is well positioned to leverage smart technologies with its advanced fixed and mobile networks. In 2019 it ranked second among Arab countries and 33rd out of 121 nations worldwide on the World Economic Forum’s Network Readiness

Ghada Philip El Rassi, Board Member, MEEZA: Interview
What does pandemic-driven digitalisation mean for health care in the MENA region?
Mohammed Ali Al Mannai, President, Communications Regulatory Authority (CRA): Interview
 

Innovation ecosystem

Report Overview

5G technology underpins Smart Qatar initiatives

Qatar has positioned itself as a pioneer in ICT technology as the rollout of a 5G network across the country continues, bringing with it a host of exciting use cases for digital government and smart city initiatives. The country’s main telecoms companies, Vodafone and Ooredoo, reported stable performance in 2019 on the back of higher post-paid mobile revenue and fixed broadband services.


Report Interview

Abdulaziz bin Nasser Al Khalifa, CEO, Qatar Development Bank (QDB): Interview

The Qatari entrepreneurial ecosystem has been evolving over the years, and thanks to a number of government reforms, we are becoming an environment that will help entrepreneurs excel and unlock their potential. QDB has embarked on a mission to enlarge and strengthen the private sector to contribute to the diversification of the economy. Since this mission began, the local entrepreneurial ecosystem has made leaps in development.


Report Analysis

Qatar increases access to finance for small and medium-sized enterprises

Following Qatar’s first delivery of liquefied natural gas in 1996, the state created Qatar Development Bank (QDB) in 1997, to nurture, encourage and support small businesses as well as to help allocate land to Qatari citizens. The QDB plays a vital role in supporting small and medium-sized enterprises (SMEs) in Qatar, underscoring the government’s commitment to the country’s smaller players, which will be vital in developing a more diversified economy.


Report Analysis

Qatar creates an ecosystem to bridge education and industry needs

As Qatar’s tertiary education sector grows, so do the connections between universities and employers in the country. A number of universities are offering executive education or continuing professional development courses for those already in employment, while researchers are keen to work alongside potential end-users of their innovations. However, as with any education system, gaps remain between the skills of graduates and the needs of government and industry.


Sheikh Abdulla bin Saoud Al Thani, Governor, Qatar Central Bank (QCB): Interview

Project financing plays a significant role in accomplishing sustainable asset growth for the banking sector. In Qatar and the wider region, it is mainly focused on sectors like power, oil and gas, petrochemicals, infrastructure and ICT. Recent trends show that banks are constantly improving their expertise in this regard. The increased presence of their branches and subsidiaries across the globe – and particularly in the region – enables banks with a global reach to find alternative sources of stable funds with which to finance long- and medium-term projects.


The future of retail and payments

Economic News

Omnichannel: the new face of Qatari retail?

In Qatar, retailers that have successfully weathered the Covid-19 pandemic are now committed to a blended, omnichannel distribution strategy, which involves boosting and expanding their digital offerings while at the same time maintaining a brick-and-mortar footprint.

Report Analysis

Demand for online retail bolsters Qatar's e-commerce market

Home to some of the most elaborate shopping centres in the world, it is unsurprising that Qatar and the wider Gulf region has traditionally lagged behind the rest of the world in terms of embracing e-commerce. However, in recent years the country has sought to change this by introducing a series of measures to

Report Interview

Bader Al-Darwish, Chairman and Managing Director, Fifty One East: Interview

These new developments coupled with the new free zones are key to facilitating growth in the retail and distribution sectors. New and modern infrastructure is a vital factor in the success of any sector to boost prospects and deliver progress.

Report Interview

Joseph Abraham, Group CEO, Commercial Bank of Qatar (CBQ): Interview

The Qatar Central Bank (QCB) fully recognised the importance of financial technology in developing the banking industry in its Second Strategic Plan for Financial Sector Regulation 2017–22, and has also recognised the need for

Economic News

Does cash have a future after Covid-19?

Concerns over the spread of the virus, along with the implementation of lockdown measures, have resulted in a significant global increase in cashless payments during the first few months of this year. In Indonesia, for example, digital transactions rose by 102.5% year-on-year in the first four months of 2020, according to Bank Indonesia (BI), the central bank. In the UAE, figures from Ken Research found that online grocery orders had increased by 80-100% in the first few months

Report Overview

New digital currency pushes banks to address technology-based risk

The first cryptocurrency transaction in history was feted in just two words: “Running Bitcoin”, which came in the form of a tweet on January 11, 2009 by Hal Finney, a US software developer. Some 10 years and over 1600 initial coin offerings later, the world of crypto-, virtual and other digital currencies looks to have

Omnichannel: the new face of Qatari retail?
Demand for online retail bolsters Qatar's e-commerce market
Bader Al-Darwish, Chairman and Managing Director, Fifty One East: Interview
Joseph Abraham, Group CEO, Commercial Bank of Qatar (CBQ): Interview
Does cash have a future after Covid-19?
New digital currency pushes banks to address technology-based risk
 
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