Author

Tuesday, July 28, 2026 | Daily Newspaper published by GPPC Doha, Qatar.
 Peter Alagos
Peter Alagos
Peter Alagos reports on Business and general news for Gulf Times. He is a Kapampangan journalist with a writing career of almost 30 years. His photographs have been published in several books, including a book on the 1991 Mt. Pinatubo eruption launched by former Philippine president Fidel V. Ramos. Peter has also taught journalism in two universities.
From left: Soumaya Ben Beya Dridje, partner at Rasmal Ventures; Alina Truhina, founding & managing partner of A-typical Ventures; Dr Mussaad al-Razouki, 
operating partner at Deerfield Management; and
moderator Marcel Dridje, board member of the 
European Business Angels Network. Rishabh Aggarwal, principal at B Capital, and Pradeep Desu, operating partner at Human Capital, joined in the discussion virtually. PICTURE: Thajudheen
Business
Qatar seen as thriving hub for VCs and innovation

On the back of its $1bn fund-of-funds programme launched last year by the Qatar Investment Authority (QIA), Qatar aims to catalyse investments in startups and foster a vibrant ecosystem for innovation. This was emphasised during a recent panel discussion hosted by Startup Grind Qatar titled ‘Qatar’s VC Impact’. The event featured five key venture capital leaders who shared their insights and strategies for driving growth and addressing challenges within Qatar and the wider region.Dr Mussaad al-Razouki, operating partner at Deerfield Management, underlined Qatar’s potential in becoming a global leader in healthcare innovation. He explained that healthcare models tested in foreign markets like the US and Europe can be tailored to Qatar’s robust education and healthcare systems.“Whether it’s investing in therapeutics, healthcare service companies, or medical technology companies, what works in New York can work here,” he said. Al-Razouki also lauded Qatar’s genome programme as a critical asset for advancing biotechnology: “The Qatar genome programme is a vastly understudied population and positions the country as a hub for therapeutic innovation.”Soumaya Ben Beya Dridje, partner at Rasmal Ventures, spoke about the importance of taking the lead in investment rounds to provide structure and added value for startups. She emphasised Qatar’s strong regional corporates as a unique advantage for startups to scale quickly across the GCC.She said Rasmal has signed several MoUs with key institutions here and other players in the ecosystem to bring in tech that is needed in the country. She also expressed her hope to back standout companies from Qatar, highlighting the collaborative nature of venture capital in the region.Alina Truhina, founding & managing partner of A-typical Ventures, shared her vision for supporting early-stage entrepreneurs beyond funding. She discussed the Adventure Studio initiative, which offers mentorship and operational expertise to help founders build scalable businesses.“Startups are the best agents of development and change. It’s about solving basic needs and challenges, whether in healthcare, fintech, agriculture, or climate change,” explained Truhina, who also emphasised collaboration with institutions like Qatar Science and Technology Park (QSTP) and the Qatar Research, Development and Innovation (QRDI) to create an integrated ecosystem in Qatar. Rishabh Aggarwal, principal at B Capital, highlighted key sectors like wealth-tech, cross-border payments, and consumer tech as promising areas for growth in Qatar. He pointed out Qatar’s unique economic structure, which allows startups to achieve high margins and better cost-efficiency.“We are seeing very interesting profits and phenomenal results from businesses here,” said Aggarwal, who also underscored the importance of attracting global tech talent and founders to Doha to drive innovation and cross-learning.Pradeep Desu, operating partner at Human Capital, emphasised his firm’s commitment to creating generational companies that not only generate financial returns but also address critical economic challenges. “Success will be measured by how many of these generational companies emerge from Qatar,” he said. Desu envisions Doha becoming a self-sustaining innovation hub that attracts global startups for its strategic location and supportive ecosystem: “I would like to see headlines celebrating Doha as a startup destination where ambitious founders build world-changing companies.”


Maria Katrina D Rivera, assistant director at the Department of Trade and Industry’s Export Marketing Bureau.
Business
E-commerce, trade expos seen game-changing platforms for Philippine exports to Mideast

The rise of e-commerce and participation in international trade expos have emerged as key platforms for promoting a wide range of Filipino export products, an official of the Department of Trade and Industry (DTI) of the Philippines has said.According to lawyer Maria Katrina D Rivera, assistant director at the DTI’s Export Marketing Bureau (EMB), Filipino entrepreneurs are leveraging technology and global networking events to meet the growing demand for food products and personal care items in markets like the Middle East.In an EMB report, Rivera stated that e-commerce has gained significant momentum across the globe, citing the Middle East, which is home to hundreds of thousands of Overseas Filipino Workers (OFWs).“In 2023, the distribution of OFWs across countries worldwide indicated Asia (77.4%), North and South America (9.8%), Europe (8.4%), Australia (3.0%), and Africa (1.3%) were the leading five destinations for OFWs,” stated the report.The Middle East remains the top destination for OFWs, the report also stated, adding that “among Asian countries, Saudi Arabia was the leading destination, accounting for 20% of the total OFWs in 2023.”The EMB report also emphasised the growing reliance on social media marketing and partnerships with influencers, as well as regional bloggers to connect with audiences. It further reported that subscription-based food deliveries and online shopping platforms are also becoming key channels for consumers in the Middle East.“Although the e-commerce share of beauty and personal care retail sales remains relatively small in most countries, it is generally continuing to grow. While grocery retailers and health and beauty specialists still tend to dominate distribution, with small local grocers and department stores still playing a role in some countries, a gradual shift to omnichannel operations is being seen in the region,” the report explained.The shift to e-commerce aligns with broader market trends, including the demand for sugar-reduced and plant-based food products, as well as clean beauty offerings, which reflect the region’s heightened focus on health and sustainability, the report stated, adding that “[there has been a] steady rise in health consciousness, a growing concern for the planet, and consumers [are] placing strong emphasis on supporting local businesses.”According to Rivera, the participation of Filipino entrepreneurs in international trade expos, such as the ‘Gulfood Innovation Awards’ in Dubai has also been instrumental in showcasing the competitive edge of Philippine exports.Rivera said Filipino companies have also received recognition for their unique and high-quality products, citing Lionheart Farms’ ‘Carbonated Coconut Flower Sap Drink Calamansi’ and Fisher Farms’ ‘Deboned Milkfish in Chili Spiced Coconut Cream’.


From left: BeiGene New Markets, head of Go-To Market Strategy & Commercial Operation Markus 
Dannenberger, BeiGene Mena region general manager Mohammed al-Kapany, Ebn Sina Medical general manager Dr Essam Faragalla, and Aamal CEO Rashid bin Ali al-Mansoori during the signing ceremony. PICTURE: Thajudheen
Business
Aamal’s Ebn Sina Medical forges partnership with BeiGene for innovative oncology treatments in Qatar

Ebn Sina Medical has signed a strategic partnership with BeiGene making it the local partner and distributor for the latter’s range of oncology medicines, enhancing the availability of innovative oncology treatments in Qatar.Ebn Sina Medical general manager Dr Essam Faragalla and BeiGene Mena region general manager Mohammed al-Kapany signed the agreement in the presence of Aamal CEO Rashid bin Ali al-Mansoori, BeiGene New Markets, head of Go-To Market Strategy & Commercial Operation Markus Dannenberger, and other dignitaries.Ebn Sina Medical is a subsidiary of Aamal Company and a leading supplier of pharmaceutical, hospital, and healthcare products in Qatar, while BeiGene is a known global oncology company.The collaboration reflects Ebn Sina Medical’s commitment to delivering high-quality medicinal products to the local market, benefiting healthcare providers and patients alike.In a speech, al-Mansoori emphasised that the medical sector in Qatar has witnessed remarkable progress over the past two decades with the establishment of prestigious healthcare facilities that deliver services at world-class standards.According to al-Mansoori, the partnership marks a significant addition to the range of treatment options available to cancer patients, representing “a paradigm shift”, which further elevates the position of Qatar’s medical sector by introducing innovative therapies and fostering collaboration with leading global healthcare companies.Al-Mansoori said: “This collaboration strengthens Qatar’s medical sector by improving patient access to the latest oncology treatments. Ebn Sina Medical’s strong market position makes it a trusted partner for renowned global pharmaceutical companies like BeiGene. I look forward to seeing the positive impact this partnership will have on healthcare in Qatar.”For his part, Faragalla stressed that Ebn Sina Medical’s partnership with BeiGene marks “an important step” in expanding access to advanced oncology treatments in Qatar.Faragalla also pointed out that the partnership is fully aligned with Ebn Sina Medical’s vision to be an active contributor to the development of Qatar’s healthcare ecosystem by fostering innovation and increasing access to modern therapeutic solutions.He said: “Our goal is to support healthcare professionals with the tools they need to improve patient care. Through strategic collaborations like this, we continue to strengthen the healthcare system and enhance treatment options for patients facing complex health challenges.”Faragalla also noted that the strategic alliance aligns with Ebn Sina Medical’s mission to enhance patient care by providing access to world-class medicinal products and supporting the evolving needs of Qatar’s healthcare sector.Al-Kapany expressed BeiGene’s commitment to expanding access to innovative and affordable cancer treatments for more patients around the world.He said: “This partnership with Ebn Sina Medical reflects our shared goal of improving outcomes for people living with cancer in Qatar.“Together, we’re working to ensure that patients and healthcare providers have access to the high-quality therapies they need — where and when they need them.”


Maria Katrina D Rivera, assistant director at DTI’s Export Marketing Bureau.
Business
Philippines’ DTI identifies $204.01mn untapped export opportunity in Mideast

The Department of Trade and Industry (DTI) of the Philippines is seeking to expand the country’s trade footprint in the Middle East by capitalising on $204.01mn worth of untapped export potential for food and personal care products.In a report shared with Gulf Times, lawyer Maria Katrina D Rivera, assistant director at the DTI’s Export Marketing Bureau (EMB), highlighted that the promising opportunity to expand Philippine exports underscores significant growth prospects for Filipino exporters in the Gulf Co-operation Council (GCC) countries.The EMB report revealed that the DTI identified $201.31mn worth of unrealised export potential for food products and $2.70mn worth of untapped export potential in personal care products.Leading the food category are fresh or dried bananas, valued at $44.74mn, followed by coconut oil (excluding crude) at $24.74mn and desiccated coconuts at $24.63mn. Other products, such as prepared or preserved tunas, raw cane sugar, and various pineapple-based goods, also hold substantial potential, the report stated.On personal care products opportunity, notable items include perfumes and toilet waters, valued at $1.39mn, soap and organic surface-active products for toilet use ($369,000), and eye make-up ($187,000). This segment, the EMB further reported, highlights the growing demand for high-quality beauty and personal care goods in the region.In 2023, the Philippines exported the following top agri-food products to Qatar worth $30.82mn: fresh or dried bananas, valued at $7.91mn with a 25.6% share; preparations for sauces and mixed condiments ($3.57mn with 11.6% share; bread, pastry, cakes, and biscuits ($3.29mn, 10.7%; uncooked pasta ($2.15mn, 7.0%); sweet biscuits ($1.33mn, 4.3%); soya sauce ($1.19mn, 3.9%); sausages and similar products ($781,000, 2.5%); prepared or preserved sardines ($705,000, 2.3%); prepared or preserved tunas ($633,000, 2.1%); and fresh or dried pineapples ($575,000, 1.9%). The remaining $8.69mn (28.2%) account for other food products exported to Qatar, the EMB reported.In the same year, the top Philippine personal care exports to Qatar worth $2.06mn comprised the following: soap and organic surface-active products worth $546,000 and 26.5% – the largest share, showcasing the demand for hygiene and skincare essentials; preparations for use on the hair (other) worth $541,000 and a 26.3% share; beauty or make-up preparations, such as skincare and sunscreen ($373,000, 18.1%); perfumes and toilet waters ($270,000, 13.1%; and shampoos ($203,000, 9.9%. The remaining $125,000 (6.1%) consist of other personal care products. This data, the report reflected, underscores the diversity of Philippine offerings and the growing demand for beauty and hygiene products in Qatar.The report also presented strategic initiatives to capitalise on these opportunities, such as participation in key trade expos like the ‘Gulfood Innovation Awards’ in Dubai, strengthening ties with GCC member states to boost market presence, and promoting the Philippines’ diverse range of tropical and innovative products, including halal-certified and clean beauty offerings.The Middle East stands as a key destination for Overseas Filipino Workers (OFWs), with countries like Saudi Arabia, the UAE, and Qatar hosting significant Filipino communities, the report stated, adding that this provides a robust platform for expanding trade and catering to both regional consumers and OFWs.


Dr Mohamed Althaf, director, LuLu Group International. 
PICTURE: Shaji Kayamkulam
Business
LuLu IPO to drive active expansion, says top executive

The initial public offering (IPO) of LuLu Retail Holdings in November 2024 is seen to catalyse significant growth and expansion, according to a top official.According to Dr Mohamed Althaf, director, LuLu Group International, LuLu’s milestone move at the Abu Dhabi Securities Exchange (ADX) has cemented regional trust in LuLu, while empowering the retail giant “to pursue a bolder, more ambitious trajectory”.“Our company went public. At some point in our business, we realised that it’s time we should share our growth and prosperity with the region that has contributed and enabled our growth,” Dr Althaf told Gulf Times, describing the IPO as “wonderful” and underscored its success in attracting major sovereign investors from across the region.According to Dr Althaf, the IPO provides LuLu with enhanced opportunities for active expansion, while maintaining its core business model. “Structurally, fundamentally, our business model is not going to change,” he emphasised, adding that “what will happen with the IPO is that maybe our expansions will become even more active. We believe that because we have a growth story to meet”.Dr Althaf further noted that the IPO is expected to introduce a shift in the company’s governance structure, making it “far more accountable and transparent”. This accountability and transparency, as well as the financial freedom brought by the IPO, will enable LuLu to expand its footprint into new markets while reinforcing its commitment to Qatar and the region, Dr Althaf pointed out.“The IPO gives us the freedom and the responsibility that we should continue to invest in our business, stay focused, expand our footprint to markets, and stay committed to countries like Qatar in the region,” Dr Althaf further explained, stressing that LuLu remains deeply aligned with its host nation’s development goals.Furthermore, Dr Althaf connected the IPO to LuLu’s broader vision of innovation and sustainability. He noted that the company is actively leveraging digital transformation, cloud-based technologies, and AI tools to boost efficiency and achieve sustainability goals. He cited advancements in areas like cold chain management, energy reduction, and e-commerce as examples of LuLu’s commitment to progress.“We will continue to invest in Qatar. We will continue to expand in Qatar. We will do experiments and move ahead,” emphasised Dr Althaf, who reaffirmed the company’s dedication to its host nation and the region.Dr Althaf further pointed out that the IPO marks a transformative phase for LuLu Retail, paving the way for active expansions, greater accountability, and a bold vision for sustained growth.On its website, LuLu Retail announced that the “IPO raised gross proceeds of AED6.32bn making it the largest offering in the UAE in 2024 to date. The offering saw aggregate demand of over AED135bn from local, regional, and international investors, a record for a non-government UAE IPO over the past 10 years, and an oversubscription level of more than 25 times across all tranches (excluding Cornerstone Investors). Cornerstone investors included leading sovereign and institutional investors from across the GCC and beyond”.


MBK Global chairman Sheikh Mansoor bin Khalifa al-Thani.
Business
MBK Global, Startup Grind Qatar partner to boost Qatar’s startup ecosystem

Doha-based startup and tech investment firm MBK Global, along with Startup Grind Qatar, have officially formed a partnership to enhance support for entrepreneurs and foster innovation within the country’s burgeoning startup ecosystem.In a statement to Gulf Times, Startup Grind Qatar, the local chapter of the world’s largest startup community, revealed that the collaboration aims to provide startups with wider access to mentorship, funding opportunities, and global networking through a series of events, workshops, and initiatives designed to empower founders.By leveraging MBK Global’s expertise in investment and business development and Startup Grind’s global network, the partnership aims to accelerate the growth of promising startups in Qatar, the statement noted.MBK Global and Startup Grind Qatar are also set to bring new initiatives such as venture programmes, a startup hub and global startup events to Qatar in the coming months that will not only give greater opportunity for startups in Qatar but also position Qatar as a strong startup ecosystem in the region.“MBK Global recognises the immense potential of Qatar’s entrepreneurs and we are committed to nurturing a sustainable startup ecosystem. Through this partnership with Startup Grind Qatar, we aim to provide entrepreneurs with the resources, mentorship, and connections needed to succeed in a competitive global market. Startup Grind Qatar is a much-needed community programme in Qatar and we wish to support such initiatives to help the community thrive,” said MBK Global chairman Sheikh Mansoor bin Khalifa al-Thani.Known for its dynamic events that gather innovators, investors, and thought leaders, Startup Grind Qatar welcomed the collaboration, describing it as a significant step toward creating an inclusive and supportive startup culture in the country. Since its establishment in Qatar in 2019, Startup Grind Qatar has hosted more than 50 events with over 3,000 attendees and has over 2,000 members.“We are thrilled to partner with MBK Global to drive meaningful impact for startups in Qatar. This partnership will open doors for founders to gain critical business support, secure funding, and expand their reach beyond local markets,” said Startup Grind Qatar’s chapter director.

HE the Minister of Transport Sheikh Mohammed bin Abdulla bin Mohammed al-Thani. PICTURE: Thajudheen.
Qatar
Doha Declaration ensures new global commitment to air transport facilitation

Global aviation leaders and high-level government officials worldwide attending the recently concluded ICAO Facilitation Conference (FALC 2025) welcomed the adoption of the Doha Declaration on Facilitation of International Air Transport.Seen as a landmark commitment to modernise and harmonise air transport facilitation measures globally, the declaration was endorsed during the High-Level Ministerial Segment attended by HE the Minister of Transport Sheikh Mohammed bin Abdulla bin Mohammed al-Thani, ICAO Council president Salvatore Sciacchitano, ICAO secretary general Juan Carlos Salazar, some 50 ministers, and multiple aviation authority chiefs from around the world.The declaration affirms the critical role of air transport facilitation in ensuring the efficient and seamless movement of passengers, crew, cargo, and aircraft across borders. It also acknowledges air transport’s essential role in connecting people, facilitating trade, improving sustainable social and economic development and contributing to the achievement of the relevant UN Sustainable Development Goals (SDGs).The declaration urges states, ICAO, international and regional organisations, and industry and other stakeholders to work collaboratively with the public health sector and relevant stakeholders to develop a national aviation plan in preparation for the outbreak of a communicable disease posing a public health risk, ensuring that air transport can continue safely and efficiently in all circumstances.“The Doha Declaration is a guiding roadmap for future policies in air transport facilitation. It emphasises the joint commitment by the ICAO, member states, regional and international organisations, and other stakeholders to developing and enhancing facilitation on all counts,” said the Minister of Transport.He emphasised that Qatar’s efforts to develop transportation and civil aviation infrastructures and achieving smart and sustainable mobility associated with Qatar National Vision 2030 are aligned with the Doha Declaration on Facilitation of International Air Transport, which creates a strategic vision to ensure the efficient and seamless movement of passengers, crew, cargo, and aircraft across borders.The minister also lauded the efforts of the ICAO and the Qatar Civil Aviation Authority (QCAA) for the successful staging of FALC 2025.Mohamed Faleh al-Hajri, in charge of managing QCAA, highlighted the significance of the conference as a unique opportunity to reaffirm the collective commitment of ICAO member states to enhancing the air transport facilitation system, as outlined in the resolutions of the ICAO General Assembly. These resolutions collectively lay the foundation for a safer and more sustainable international civil aviation environment, he noted.“The Doha Declaration clearly reflects our belief in the importance of creating a seamless travel experience for passengers and the necessity of providing this sector with international attention and support. This is achieved through strengthening mechanisms that foster solid partnerships, ensuring a unified and comprehensive approach to facilitating air traffic.“Therefore, I call on everyone to adopt this declaration as a genuine catalyst for positive change and as a means to build a more resilient and prosperous future for the civil aviation sector,” said al-Hajri, citing the Doha Declaration.He added: “It also plays a pivotal role in outlining a roadmap for the development of facilitation, through a unified and comprehensive strategic vision that addresses emerging trends, technological advancements, and the future needs of travellers, all while upholding the principles of seamless mobility, inclusivity, and sustainability, in line with the requirements of the upcoming phase.”Sciacchitano said enhancing air transport facilitation means ensuring the smooth movement of passengers, crew, cargo, and aircraft while maintaining the highest standards of safety, security and efficiency.“This is how our work at this Conference is helping to deliver a more accessible and efficient international air transport system. We are also committed to sustainable funding mechanisms that ensure the longevity and effectiveness of facilitation programs. These tools also give us the means to deliver an international air transport network that is accessible to all travellers, including persons with disabilities, refugees, and stateless persons,” Sciacchitano pointed out.Salazar said, “The Doha Declaration on Facilitation of International Air Transport is a roadmap for delivering a more efficient, resilient, and sustainable global flight network. We are asking ministers to do three things: champion stronger border coordination, drive digital transformation, and build global consensus on aviation facilitation.”He also underscored ICAO’s commitment to providing the assistance necessary to facilitate the sharing of best practices that can help accelerate progress towards a globally optimised and harmonised air transport ecosystem.Noteworthy, FALC 2025 in Doha stands as the second largest ICAO gathering, behind the ICAO General Assembly, in terms of the level of attendance, namely the ministerial representation and number of industry experts and leaders. FALC 2025 also saw a large participation with nearly 120 ministers and civil aviation authority chiefs, some 3,000 local and international aviation and air transportation experts and leaders, and 17 international organisations, in addition to 80 speakers in 13 sessions.The accompanying exhibition also featured 35 entities, as well as some of the latest technologies and innovative procedures relative to air transport facilitation.FALC 2025 featured numerous sessions that discussed multiple topics, including cooperation, collaboration and inter-agency coordination, cargo release clearance and automation processes, travel document integrity and border control, inadmissible persons, deportees, refugees and stateless persons, human trafficking and irregular migration, assistance to aircraft accident victims and their families, capacity building and implementation support for states.Ends

Megat Iskandar Ahmad Dassilah, MATRADE’s trade commissioner in Dubai.
Business
Malaysia-Qatar 2024 trade up 49% to $1.38bn; global trade jumps 9.1%

Malaysia’s trade volume with Qatar stood at $1.38bn in 2024, registering a substantial 49% increase, according to the Malaysia External Trade Development Corporation (MATRADE).At the same time, the Southeast Asian nation’s global trade in 2024 registered a 9.1% year-on-year (y-o-y) growth, recording a value of $630.46bn, figures provided by MATRADE showed.Megat Iskandar Ahmad Dassilah, MATRADE’s trade commissioner in Dubai, emphasised that Qatar “remains an important trade partner for Malaysia.” He said Malaysia’s key exports to Qatar include machinery, equipment and parts, petroleum products, processed food, palm oil products, and manufactured metal goods. Malaysia, on the other hand, continues to source crude petroleum, petroleum products, and chemical products from Qatar, he said.“There are numerous opportunities for collaboration between Malaysian and Qatari businesses, particularly in sectors, such as technology, renewable energy, healthcare, and halal industries. MATRADE, through its office in Doha, remains committed to supporting and assisting businesses from both nations.“This year, MATRADE will continue to organise numerous trade events, including the world’s largest halal event, the Malaysia International Halal Showcase (MIHAS), and the inaugural International Healthcare Week (IHW) 2025. We look forward to greater participation from Qatari companies in these events,” Dassilah pointed out.On the global front, Malaysia’s trade performance continued to deliver “outstanding performance” last year, MATRADE reported, noting that exports and imports rebounded in 2024 with trade amounting to $630.46bn or a 9.1% y-o-y increase. Exports rose 5.6% to $330.25bn while imports increased by 13.1% y-o-y to $300.20bn. “This exceptional performance has resulted in a trade surplus of $30.05bn for the 27th consecutive year since 1998,” MATRADE stated.Exports to major trading partners, namely Asean, the US, the EU, and Taiwan increased, with exports to the US and Taiwan reaching “an all-time high.” Taiwan officially became Malaysia’s fourth largest trading partner, reflecting the strengthening of bilateral trade partnerships and growing trade opportunities, according to MATRADE.The trade agency noted that free trade agreements (FTAs) have played a pivotal role in providing local businesses with greater access to international markets. Exports to FTA markets expanded this year, reversing the contraction seen in 2023, stated MATRADE.“Canada was one of those export destinations which recorded growth, driven by higher demand for electrical and electronic (E&E) products while exports to Turkiye soared to a new record high, fuelled by the increased shipments of iron and steel products.“Diversification strategies targeting emerging markets have also played an equally important role in contributing to export growth, particularly to countries, such as Bangladesh, Costa Rica, Egypt, Nigeria, Angola, Ethiopia, Algeria, Togo, Libya, and notably Kenya, Oman, and Namibia, which rose to a new record level,” MATRADE also stated.In terms of products, export expansion in 2024 was driven by strong performance in both manufactured and agricultural products. This growth was led by increased shipments of machinery, equipment and parts, and processed food, as well as optical and scientific equipment, which had recorded the highest value ever, stated MATRADE.It also stated that electrical and electronics (E&E) products, palm oil and palm oil-based agriculture products, and the manufacture of metal and rubber products also contributed to the expansion. Additionally, exports of E&E products along with machinery, equipment and parts posted increases of more than $2bn, respectively.“Despite the challenging global economic landscape, the Ministry of Investment, Trade and Industry (MITI) Malaysia and its trade promotion agency, MATRADE, are committed to strengthening international trade as a cornerstone for sustaining long-term economic growth,” MATRADE added.


The programme, Startup Grind Qatar has further explained, “is designed to bolster investments in startups as Qatar looks to grow the local startup ecosystem exponentially.” PICTURE: Shaji Kayamkulam
Business
QIA’s $1bn Fund of Funds programme set to highlight Startup Grind talk

Leading venture capital (VC) firms under the Qatar Investment Authority’s (QIA) $1bn Fund of Fund programme will discuss how this will impact the country’s startup ecosystem during a Startup Grind Qatar event scheduled for April 16 at Workinton Alfardan Centre.Moderated by European Business Angels Network board member Marcel Dridje, the panellists include A-Typical Ventures founding & managing partner Alina Truhina; Rasmal Ventures partner Soumaya Ben Beya Dridje; Deerfield Management operating partner Dr Mussaad al-Razouki; B Capital principal Rishabh Aggarwal; and Human Capital operating partner Pradeep Desu.According to Startup Grind Qatar, the panel discussion will explore the plans and strategies of these VCs for Qatar and the region and how startups and stakeholders in Qatar can leverage their presence in the country.Startup Grind Qatar underscored QIA’s $1bn Fund of Fund programme, stating this “has changed Qatar’s startup ecosystem.” The programme, Startup Grind Qatar further explained, “is designed to bolster investments in startups as Qatar looks to grow the local startup ecosystem exponentially.”At the inaugural Web Summit Qatar held in Doha last February 2024, QIA launched the programme, which aims to “develop a vibrant start-up and venture capital ecosystem in Qatar, spurring investment, growth, and innovation.”The QIA website stated, “The programme aims to help close the current funding gap for entrepreneurs by providing financial resources while facilitating broader ecosystem support (e.g. helping to navigate the local landscape, supporting business introductions), bringing global best practices and capabilities to Qatar.”It further explained, “By nurturing a robust venture capital ecosystem, the fund will help boost economic diversification, target sector growth, support local talent development, and promote sustainability across Qatar.”Aside from providing $1bn worth of funding to VC fund managers, the programme also aims to “invest indirectly through existing venture capital funds and make targeted direct co-investments, and partner with fund managers with demonstrable track records of positive returns and commitment to Qatar.”During Web Summit Qatar 2025, HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani lauded the programme on its first anniversary, saying the QIA “had fulfilled its commitment” in setting up the programme and for selecting an initial “six leading global investment entities to deploy capital internationally, regionally, and locally.”QIA also announced at Web Summit Qatar 2025 its investments in B Capital and Deerfield. Both firms, which will be opening their regional headquarters in Doha this year, join Rasmal Ventures, Utopia Capital Management, Builders VC, and Human Capital “as the first investment firms to participate” in the programme.Earlier, Gulf Times had reported that Utopia, backed by QIA and Qatar Development Bank (QDB), launched A-Typical Ventures during Web Summit Qatar 2025. “A-Typical Ventures will launch a venture studio, and it is actively seeking the region’s entrepreneurs looking to scale innovations and drive economic diversification across sectors, such as fintech, healthtech, e-commerce, logistics and mobility, and climatetech,” the paper further stated.


CQBF senior business adviser and board member Ibrahim Abdelhalim.
Business
Canada-Qatar partnership enhancing environmental sustainability, says business forum official

The robust partnership between Canada and Qatar is setting innovative benchmarks in environmental sustainability, especially in the fields of energy efficiency and climate adaptation, an official of the Canadian-Qatari Business Forum (CQBF).Ibrahim Abdelhalim, CQBF senior business adviser and board member, underscored the role of private-sector partnerships, saying both countries are addressing critical environmental challenges through shared research, technology exchange, and best practices.“Through strategic partnerships and advanced technologies, this cooperation aims to reduce indoor temperatures by up to 60%, significantly decreasing energy consumption and supporting Qatar’s commitment to a sustainable future. These efforts align with the Qatar National Vision 2030, led by His Highness the Amir Sheikh Tamim bin Hamad al-Thani,” Abdelhalim told Gulf Times in a statement.“A key driving force behind this initiative is Al Faisal Holding and Aamal Group, which have demonstrated strong support for sustainable development in Qatar,” said Abdelhalim, who commended Al Faisal Holding and Aamal chairman HE Sheikh Faisal bin Qassim al-Thani for serving as a “pioneer in Qatar’s business landscape”.Under Sheikh Faisal’s leadership, Abdelhalim noted that Al Faisal Holding and Aamal “have continuously championed innovation and environmental responsibility in the real estate and construction sectors”. Abdelhalim said: “Their commitment to integrating cutting-edge technologies underscores Qatar’s dedication to energy efficiency, operational excellence, and long-term sustainability.”According to Abdelhalim, the CQBF is actively working to foster collaborations between Canadian and Qatari enterprises in key sectors that drive innovation and sustainability. “One of these sectors is real estate and tourism development, where integrating energy-efficient solutions into modern infrastructure is essential for long-term environmental and economic benefits,” he pointed out.Abdelhalim noted that the use of innovative thermal management solutions that enhance energy efficiency in buildings is a “notable example of such technological advancements”.He said Ecolosynergy, a Canadian company specialising in sustainable energy solutions, has developed technologies that significantly improve thermal insulation, reduce cooling costs, and optimise indoor environments.“These solutions are particularly relevant for Qatar, where high temperatures present ongoing challenges for energy consumption in commercial and residential buildings,” Abdelhalim emphasised.He stressed that several factors highlight the need for innovative sustainability solutions as Qatar continues to expand its urban landscape. These include high energy demand for cooling, rising temperatures increase reliance on air conditioning, leading to higher energy costs, and commitment to sustainability.“With Qatar’s focus on green initiatives, there is a growing need for technologies that support energy conservation and environmental responsibility. Solutions that improve energy efficiency can help reduce operational costs for businesses and homeowners alike,” Abdelhalim further explained.On innovative solutions that are driving sustainability, Abdelhalim said the integration of advanced thermal insulation technologies can bring multiple benefits to Qatar’s real estate sector.These include reducing indoor heat by up to 60%; minimising heat absorption leads to naturally cooler indoor spaces, reducing the need for excessive cooling; lowering energy consumption; cutting air conditioning energy use by up to 40%, contributing to significant cost savings;Enhanced thermal protection; blocking 95% of infrared radiation and 99% of UV rays, protecting interiors from heat damage and preserving building materials; quick and efficient implementation; can be integrated without major structural modifications, making it an accessible solution for new and existing buildings; supporting Qatar’s environmental goals; and contributing to reduced carbon emissions and aligning with global sustainability standards.Abdelhalim said: “The collaboration between Al Faisal Holding, Aamal Group, and Canadian partners represents a significant step toward a more sustainable built environment in Qatar.Their commitment to innovation and environmental responsibility is setting new benchmarks for energy efficiency and green development in the country.”He added: “Through strategic partnerships and cutting-edge technologies, Canada and Qatar are working together to develop solutions that will have a lasting impact on energy efficiency and environmental conservation—ensuring a more sustainable future for generations to come.”

Thousands of drones create the image of a pearl diver at the Lusail Sky Festival on Thursday. PICTURE: Shaji Kayamkulam. Page 12.
Qatar
Lusail Sky Festival dazzles

All roads led to the Al Saad Plaza in Lusail City for the much anticipated Lusail Sky Festival, which began on Thursday and will run until on Saturday from 4pm to 10pm.The three-day event, unveiled by Visit Qatar, in collaboration with Qatari Diar, is part of an exciting lineup of artistic and musical events to add more colour and adventure for holidaymakers visiting various tourist destinations in the country. Entry is free.Yesterday's festival kicked-off with a daring sky exhibition by the Lekhwiya Parachute Jumpers, followed by breathtaking performances and contrails from Europe’s top-notch pilots, including the Scandinavian Airshow Wingwalk, the aerial acrobatics of Artur Kielak, Phoenix Paramotor Display Team, Bushcat Demo Team, airborne pyrotechnics, skywriting demonstrations by the Skytexter formation, and the Scandinavian Ragnarok Team Show.In between the aerial performances, visitors were treated to dances, mini parade, and roving installations, as well as an exhibition showcasing classic airplanes. The Visit Qatar hot air balloon also enthralled spectators with a brief night glow.The Poseidon waterscreen and the First Laser show ushered in the nighttime activities. This was followed by the Phoenix Paramotors, Bushcat Demo Team, Scandinavian Airshow, and the GROBS grande finale Intro Scandinavian Airborne Pyrotechnics.Touted as the largest event of its kind in the region, the inaugural Lusail Sky Festival will culminate tomorrow with a grand finale of fireworks, Poseidon waterscreen laser show, and laser show.Throughout the festival, spectators will enjoy a spectacular series of open-air activities, including skydiving demonstrations, nightly synchronised laser and fireworks displays with music and light effects, and a spectacular drone show featuring over 3,000 illuminated drones and 150 pyrotechnic-equipped aircraft, creating captivating nighttime imagery.Aside from the aerial performances, visitors can also enjoy the food zone, which features 14 food trucks and carts for a wide range of culinary delights. The entertainment theatre also features live performances and many other family-friendly activities.

Sheikh Khalifa bin Jassim al-Thani is the chairman of both the Qatar International Centre for Conciliation and Arbitration (QICCA) and the Qatar Chamber.
Business
QICCA aligns new arbitration rules with global standards

The Qatar International Centre for Conciliation and Arbitration (QICCA) ensures that its new arbitration rules are aligned with the latest international industry trends that have been in effect since the beginning of 2025, an official has said.Sheikh Khalifa bin Jassim al-Thani, chairman of both QICCA and Qatar Chamber, said the implementation of the centre’s new arbitration rules was announced as early as November last year during the ‘5th World Conference on International Arbitration’ held in Doha under the theme ‘Arbitration in the MENA Region – Present and Future.’“At QICCA, a part of Qatar Chamber, our strategic vision aligns with Qatar National Vision 2030, which aims to enhance a sustainable investment environment and position Qatar as a global knowledge-based economic hub.“Based on this vision, we remain committed to providing exceptional services and earning the trust of those engaged in commercial arbitration by attracting highly skilled and experienced professionals,” Sheikh Khalifa said in a recent edition of Al Moltaqa, the chamber’s economic magazine.Sheikh Khalifa further said, “We are also committed to forging strategic partnerships with leading international arbitration centres and institutions. This commitment stems from our firm belief in arbitration as an effective means of dispute resolution, offering several key advantages. These include the ability for disputing parties to select the language, applicable law, and venue for arbitration.”These statements reflect Qatar Chamber’s 2025-2030 strategy, which its board of directors recently approved in March. According to Sheikh Khalifa, the strategy focuses on resource sustainability and service development to keep pace with digital transformation and economic changes. It also paves the way for QICCA to implement a new strategy for the centre.He also said the strategy aims to position Qatar as a global strategic hub for the private sector, making it the top choice for doing business, while its mission is to promote and support the Qatari private sector locally and globally, representing and defending its interests.With new arbitration rules in effect and strengthened by last month’s approval of Qatar Chamber’s 2025-2030 strategy, Sheikh Khalifa emphasised that this reflects the country’s commitment to fostering a favourable climate for arbitration and the development of a pro-investment environment.“Arbitration also guarantees privacy, efficiency, speed, effectiveness, and flexibility, with binding and enforceable judgments that are not subject to appeal except in specific circumstances. These attributes make arbitration the preferred option for resolving disputes,” he pointed out.Citing the rapid increase in the volume and diversity of global economic activities, Sheikh Khalifa noted that commercial arbitration has emerged as one of the most important mechanisms for resolving disputes.“With the rise of disputes both locally and internationally, finding quick and effective solutions between the disputing parties has become essential, positioning arbitration as a key alternative to litigation in courts,” he stressed, underscoring that QICCA remains committed to adopting principles and procedures used by leading international arbitration institutions and centres.Sheikh Khalifa added: “We also adopted the latest internationally recognised legal frameworks, foremost among them is the Model Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL), as revised in 2010.“Moreover, we remain dedicated to staying abreast of legal developments and updates. In coordination with the Ministry of Justice in Qatar, we continuously work to enhance the legal and legislative infrastructure related to arbitration, ensuring that our laws align with international best practices.”

Denise Yammine Chouity, general manager, Pin&Notch.
Business
Branding, communication critical for startup growth in Qatar, says experts

Branding and effective communication remain indispensable factors for startups seeking to thrive in Qatar’s burgeoning entrepreneurship ecosystem, according to Doha-based industry experts.In a panel discussion titled ‘Building Your Startup Brand: Marketing and Communication Essentials’ hosted by Startup Grind Qatar, Rahma Abid, acting CMO, Snoonu; and Denise Yammine Chouity, general manager, Pin&Notch, tackled the importance of communication, branding, and value proposition for startups.Moderated by Gaurav Sachddeva of The Founders Majlis, the panel discussion emphasised how these elements play a key role in helping businesses compete for differentiation and effective positioning in the industry, especially in Qatar.Chouity emphasised the importance of communication, saying it is not merely about crafting the right message, but about ensuring the public connects to the brand. She noted that when brands fail to communicate effectively, they are considered irrelevant by their target audience.“We believe in this simple statement: ‘If we don’t talk, we don’t exist’. If an entrepreneur is doing great and passionate about the business, but he or she is not communicating to the right audience, then they don’t exist to me as a potential audience,” Chouity pointed out.According to Chouity, funding, attracting investors, and securing partners before even reaching a target audience are among the primary challenges facing startup owners, making communication all the more critical.“These obstacles make it crucial to have a well-defined communication strategy. It is very hard to build something out of that,” noted Chouity, who also explained the importance of aligning communication with the needs of the target audience.Chouity also highlighted the foundational steps to build a brand and called on entrepreneurs and startup owners to prioritise research when conceptualising brand identity.“Research helps define the ‘value proposition’ or ‘unique selling point’, which would set a brand apart in the market. One should consider the following questions: ‘What differentiates me?’ Is it a value-added service to what others do?’ ‘Is it a new virtual way of doing things?’ This comes before any marketing or communication,” she explained.Chouity added: “Research, clear messaging, and emotional resonance play a critical role in successful branding. When a value proposition is identified, everything comes easy. The research lays the groundwork for the story, the design, and ultimately, the connection with the audience.”Meanwhile, Abid shared the foundational stages of Snoonu, highlighting the brand’s evolution from a graduation project of its founder, Hamad al-Hajri, to a prominent brand rooted in Qatar’s tech ecosystem.According to Abid, al-Hajri envisioned Snoonu as a homegrown tech company that could support the local ecosystem and improve the lives of people in Qatar. “Why isn't there a real Qatari tech company that is 100% made in Qatar and to support the Qatari ecosystem? And why I don’t make Qataris’ lives better and easier? That’s how Snoonu started,” said Abid, quoting al-Hajri.Abid noted that Snoonu’s transition from an academic project to a successful venture was deeply tied to understanding the essence of branding, noting that pivotal elements of the company’s branding and marketing journey include storytelling, building emotional connections, and personal branding.“Branding is not just about slogans or visual identity. The moment you realise that building a brand is about providing an experience to the customer, everything changes. You begin to understand the purpose behind your business and why you started it in the first place.“It’s about connecting emotionally with your customers, investors, and employees. That’s what it means to build a brand. Once you grasp this concept, you don’t need a large team or numerous resources. This is how Snoonu began,” Abid further explained.

Dr Mohamed Althaf, Director of LuLu Group International. PICTURE: Thajudheen
Business
Qatar’s innovative urban development positions it as a global model, says LuLu Group executive

Qatar could become a new model for urban living owing to its world-class infrastructure and focus on building smart cities, such as Msheireb Downtown Doha (MDD) and Lusail City, a top official of LuLu Group said.Acknowledging the growing trend for cognitive cities due to artificial intelligence (AI), innovation, and rapid technological advancements, Dr Mohamed Althaf, director of LuLu Group International, said Qatar would be an “interesting” testing ground for different pilot projects.“First of all, much of the world now knows that a lot of work has already been done in Qatar, thanks to the successful staging of the 2022 FIFA World Cup, which thrust the country into the international spotlight,” Dr Althaf told Gulf Times.He continued: “We already have a smart city infrastructure, excellent broadband connectivity, and all that is already there. Much of this technology, and all the other support mechanisms, are already established.”Althaf was referring to two of Qatar’s world-class real estate gems, MDD - the flagship project of Msheireb Properties - and Lusail City, Qatari Diar’s flagship project touted as the country’s “smart city of the future”.According to Khalifa al-Mana, senior manager, City Control Centre and Smart Operations at Qatari Diar Real Estate Investment Company, Lusail’s 20-year development journey “represents a bold step forward in sustainable, smart urban living”.With “$45bn” worth of infrastructure investments, Lusail is “the largest real estate project in Qatar”, spanning 38mn sq m, al-Mana pointed out. The project is known for its state-of-the-art infrastructure and forward-thinking design, he said, adding that Lusail offers a mix of residential, commercial, and entertainment districts.“By leveraging AI technologies and interactive applications, we aim to offer superior smart city experiences that make the city more efficient and sustainable,” al-Mana further explained.MDD, on the other hand, is recognised as the world’s first fully built smart and sustainable city district, and a flagship project for sustainable urban development and technological innovation in Qatar, according to a previously published Msheireb Properties statement.Earlier news reports also quoted Msheireb Properties CEO engineer Ali al-Kuwari as saying: “MDD demonstrates how intelligent urban planning can transform cities through smart solutions that place residents at the centre of development. Our innovative approach blends traditional architecture with cutting-edge technology to enhance daily life while preserving our cultural heritage.”Last month, Msheireb Properties organised the inaugural edition of ‘Downtown Tech’, which featured four specialised zones dedicated to AI, robotics, the Internet of Things (IoT), and autonomous vehicles interconnected through a central nervous system design, symbolising the fusion of human creativity and technological innovation.According to Ahmed al-Korbi, Senior ICT Manager at Msheireb Properties, ‘Downtown Tech’ represents a commitment to making technology accessible and engaging for everyone.“As operators of one of the world's most advanced smart cities, with over 650,000 connected IoT devices, Msheireb Properties wanted to create an interactive platform where the community could experience the future of technology firsthand,” al-Korbi noted.Dr Althaf emphasised that during his travels around the world, he learned that industry experts with a keen interest in machine learning and AI-related projects have lauded Qatar, particularly MDD, describing the area as “a microcosm of the world's population.”He said: “If someone in India told me that running a data marketing campaign to gather a dataset for training AI in the country is challenging due to its diversity in languages and states, I would understand. To collect such material, they would need to cover a wide geographic area.“However, by focusing on just one or two buildings in Qatar, he could potentially obtain a diverse range of languages and people, providing excellent training data for large language models.”Dr Althaf added: “I think Qatar’s status as a young country with modern infrastructure makes it more open to such discussions. This is interesting, and I hope Qatar will generate interest among developers. I am optimistic that the country could become a new urban living model.”

Vince Lorenzo Liwanag, Commercial Attache of the Philippine Trade Investment Centre – Riyadh
Business
Philippines’ DTI promotes collaboration between Filipino, Qatari enterprises

The Department of Trade and Industry (DTI) in the Philippines is keen on fostering partnerships between Filipino and Qatari companies, which could potentially lead to businesses in the Southeast Asian nation to expand their footprint by setting up operations Qatar, an official has said.According to Vince Lorenzo Liwanag, the Commercial Attache of the Philippine Trade Investment Centre (PTIC) – Riyadh, Department of Trade and Industry, forging partnerships with companies and businesses in Qatar “is the first step”.Liwanag also underscored the importance of exploring the business climate of the country, studying potential investment ventures, and understanding the needs of the companies of both countries.“Once these initial steps have been taken, we hope that partnerships, joint ventures (JVs), or specific structures will advance the potential business for both the Philippines and Qatar,” Liwanag told Gulf Times.Forging partnerships, access to international markets, and expanding operations in Qatar reflect the objectives of the DTI’s Outbound Business Matching Mission (OBMM), which was held in Qatar last month, in collaboration with the Philippine embassy in Doha and Qatar Chamber.Liwanag explained that the OBMM is one of the DTI’s key initiatives to connect Filipino businesses with international partners. The Qatar leg of the OBMM was followed by a visit to Amman, Jordan; Riyadh, Saudi Arabia; and Dubai in the UAE.In his speech during the OBMM, Qatar Chamber board member Abdulla bin Mohamed al-Emadi reaffirmed the chamber’s commitment to facilitating partnerships and supporting Qatari businesses in identifying investment prospects in the Philippines.Al-Emadi underscored the private sector’s significant role in forging economic ties to advance trade partnerships, explore JVs, and secure potential investment opportunities. He said bilateral trade between the Philippines and Qatar stood at QR636mn in 2024, reflecting the growing partnership between the two nations.He noted that Philippine-Qatar trade and investment have been “expanding rapidly”, citing the visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to the Philippines last year, where several memorandums of understanding (MoUs) and agreements were signed in the presence of both nations’ leaderships.Liwanag emphasised that the OBMM initiative aims to catalyse these types of engagements. “We’re pleased with the outcome of the OBMM and we hope that this could trigger more meaningful interactions and partnerships that can drive progress and innovation between companies in the Philippines and Qatar,” he said.In 2023, Mekeni Food Corporation president Prudencio “Pruds” Garcia and Alwatania International Holdings CEO Hassan Alkhiyami signed a commercial agreement for the processing, distribution, and marketing of Mekeni products in Qatar.Mekeni is headquartered in the Philippine province of Pampanga. The company soft-launched its export business in Dubai as early as 2011. Currently, Mekeni’s halal ‘Picnic Hotdog’, ‘Chicken Tocino’, and ‘Chicken Longanisa’ brands are also available in the US, the UAE, Canada, Australia, Bahrain, Brunei, The Netherlands, and New Zealand.“With Doha as our hub in the Gulf, plans are in the pipeline to expand our export target to more GCC countries, as well as those in Europe and other mainstream markets to give OFWs and Filipinos living permanently abroad a taste of world-class Filipino food products in the hope that we can somehow fill the void of missing home,” Garcia said.

CQBF executive director Yasser Dhouib and Charlie Martineau of the Ministère des Relations Internationales et de la Francophonie during the meeting in Montreal.
Business
CQBF explores strategic Canada-Qatar partnerships at Montreal meeting

The Canadian-Qatari Business Forum (CQBF) recently held a pivotal meeting in Montreal with representatives from the Quebec provincial government to discuss ways to foster cooperation between Quebec and Qatar, focusing on strengthening ties in sectors of mutual interest, an official stated.CQBF executive director Yasser Dhouib told Gulf Times that the event brought together key representatives from the Ministère des Relations Internationales et de la Francophonie in the Quebec government, including Nemer Ramadan and Charlie Martineau.“During the meeting, the insights provided by Nemer Ramadan and Charlie Martineau added immense value to the discussions. Together, we explored a range of strategic initiatives aimed at deepening the ties between Qatar and Quebec,” Dhouib explained.He said: “Our conversations revolved around fostering investment opportunities, advancing trade collaborations, and unlocking the potential for innovation in emerging sectors such as artificial intelligence and healthcare.“This dialogue highlighted the shared commitment of both regions to harness cutting-edge technologies for economic growth and social well-being. It was inspiring to witness the energy and enthusiasm for building a future of mutual prosperity and collaboration.”Dhouib said: “The exchanges were not only fruitful but also underscored the importance of creating sustainable and innovative partnerships between nations. I look forward to seeing the ideas discussed during the meeting transform into tangible projects.”The Montreal meeting underscores CQBF’s strategic plans to foster robust ties with Qatar’s key players and institutions in the Gulf nation’s public and private sectors.Earlier, the forum led around a dozen Canadian companies during the successful second edition of Web Summit Qatar held in Doha last February, playing a key role in strengthening business and technology ties between both countries.Led by CQBF senior business adviser Ibrahim Abdel Halim and senior technology adviser Vartika Manasvi, the forum’s participation in the summit aimed to position Qatar as a “gateway for Canadian businesses into the region while reinforcing its role as a technology hub.”During the summit, the CQBF delegation held meetings with multiple Qatari stakeholders to encourage Canadian companies to explore the country’s investment climate and study opportunities to expand their footprint here.Looking ahead, the CQBF is preparing for a significant visit to Qatar this coming April. The delegation, led by Philippe Couillard, the 31st Premier of Quebec, comprises prominent Canadian high-tech companies in healthcare and diabetes-related fields.The visit is set to mark a strategic milestone for Canadian and Quebec investors, offering a closer look at Qatar’s dynamic role as the hub of the GCC region. With numerous incentives already in place, CQBF believes that Qatar presents an exceptional opportunity for Canadian companies and investors eager to explore new horizons in a rapidly growing market.Similarly, the upcoming visit underscores the shared commitment to forging sustainable partnerships that drive economic growth and innovation and promises to be a key element in deepening ties between both nations while aligning business interests with vibrant prospects in the region.

Dr Philippe Couillard, the 31st Premier of Quebec.
Business
Former Quebec First Minister lauds Qatar’s push for global influence as energy leader, cultural hub

Dr Philippe Couillard, the 31st Premier of Quebec, has lauded Qatar’s move to reshape its international identity by expanding its role beyond a key player in the world energy market to positioning itself as a pivotal hub for social and cultural development on the global stage.Couillard made the statement ahead of his visit to the country next month to lead a delegation of prominent Canadian high-tech companies in healthcare and diabetes-related diseases under the auspices of the Canadian-Qatari Business Forum (CQBF) and in collaboration with the embassies of both countries.In a statement to Gulf Times, Couillard expressed his admiration for Qatar, which, he said, is leveraging its vast natural gas reserves and significant investments in the country’s energy sector while simultaneously fostering an environment that nurtures artistic expression and cultural dialogue, citing Qatar Foundation (QF).According to Couillard, it is encouraging to observe how Qatar has diversified from its thriving energy sector, particularly in the liquefied natural gas (LNG) industry, and utilises LNG-derived income for the socio-economic development of the nation.“It is reassuring to see Qatar reinvest the wealth and resources generated by its energy industry, LNG in particular, into socio-economic development. In that context, I am particularly interested in the work of the Qatar Foundation, which was founded by His Highness the Father Amir Sheikh Hamad bin Khalifa al-Thani and led by Her Highness Chairperson of Qatar Foundation Sheikha Moza bint Nasser with a strong emphasis on education, culture, innovation, and the full participation of women in society,” Couillard pointed out.While this coming April would be his first visit to Qatar, Couillard emphasised that he is aware of the high quality of the country’s healthcare system. He also praised Qatar’s economic transformation and efforts to bring peace to the region by taking on an intermediary role on the global stage.“During the following years, I followed with interest Qatar’s rapid modernisation and the actions it has taken on the international scene as the country often positions itself as an energy superpower while acting as an intermediary to bring Israel and the Palestinian representatives to participate in diplomatic discussions, thus advancing the search for peace in the region. Since October 7, 2024, this has again been proven to be the case,” Couillard stressed.CQBF executive director Yasser Dhouib told Gulf Times that Couillard’s upcoming visit to Qatar is a welcome development as the forum strives to enhance Canada-Qatar relations in a wide range of sectors, where Quebec’s former First Minister’s expertise is expected to play a crucial role.Couillard first practised medicine, specifically neurosurgery more than 20 years ago, mostly in academic settings where I eventually became chairman of Surgery. He was also a consultant for Saudi Aramco Medical Organisation at the Dhahran Health Centre for five years, where he co-founded a neurosurgical service with Jordanian colleague Dr Mahmoud Karmi.Couillard entered politics in 2003 and was first the Minister of Health for Quebec until 2008. He left politics for a few years but returned in 2013 as leader of the Liberal Party of Quebec. Subsequently, he became the 31st Premier of the province between 2014 and 2018.He said, “During the interval between the two stages of my political career I also had interactions with the GCC region through my participation in the International Advisory Board together with Saudi Arabia’s Minister of Health.”Couillard added: “During my career, I also acted as a consultant in many sectors beyond healthcare, such as public policy, environment, technology, and the combination of these areas in the broader topic of energy transition. I was involved with a UK-based battery manufacturing company and subsequently co-founded Eleqtrion, which specialises in energy storage with aluminium ion batteries.”

Officers and members of Afreeq during the recently held Real Estate Brokers’ Forum.
Business
Doha-based Filipino realtors laud ‘groundbreaking’ initiatives to modernise Qatar’s property sector

The Association of Filipino Real Estate Executives in Qatar (Afreeq) has commended the Ministry of Justice (MoJ) and the Real Estate Regulatory Authority (Aqarat) for the “groundbreaking” initiatives in modernising Qatar’s property sector, which were discussed during the recently held Real Estate Brokers’ Forum.As many as 22 Filipino property professionals from leading locally licensed real estate companies and visiting agents representing developers in the Philippines attended the forum, Afreeq chairman Dr Joseph Timothy Rivera told Gulf Times in a statement.Rivera lauded Khalid bin Ahmed al-Obaidli, the chairman of Aqarat, for his commitment to safeguarding the rights and entitlements of duly licensed real estate agents during the forum.He also acknowledged Aqarat’s clarifications on freehold ownership policies and the MoJ’s streamlined licensing procedures for real estate brokers, which aim to enhance industry professionalism and transparency.“With efficient regulations now in place, it is imperative for all Filipino real estate professionals in Qatar to obtain their official licences to operate legally and competitively in the market,” Rivera emphasised.Rivera also underscored Afreeq’s commitment to working closely with Aqarat in providing the necessary training and seminars to help Filipino real estate practitioners meet licensing requirements.“The proactive steps taken by the Ministry of Justice and Aqarat will undoubtedly reinforce investor confidence and ensure a more structured and professional real estate landscape in Qatar. These initiatives mark a new era of growth, sustainability, and protection for real estate professionals, property owners, and investors alike,” said Rivera.He also noted that Afreeq is looking forward to continuous collaboration with authorities in Qatar in upholding global real estate standards while ensuring that Filipino professionals play a significant role in the country’s dynamic property industry, ensuring that best practices align with Qatar National Vision 2030.“The association also looks forward to further dialogue and co-operation with Aqarat in advancing progressive policies that benefit both the local and expatriate communities, particularly in Aqarat’s mandate in setting licensing and classification standards for real estate professionals in line with global best practices; boosting real estate professionals’ competence through training, awareness, and capacity building; ensuring transparency and fairness through clear, accountable procedures; regulating real estate marketing with clear, legally compliant guidelines; and ensuring quality service through professional conduct and ethical standards,” Rivera added.