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Friday, December 05, 2025 | 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.
KON Group co-founder and chairperson Hissa al-Sowaidi. PICTURES: Thajudheen
Business
Uganda seeks Qatari investments in 4 key sectors, says envoy

Uganda is inviting Qatari investors to explore opportunities in four strategic sectors: agriculture, tourism, mining, and innovation, according to ambassador Stephen Chebrot, who addressed the second edition of the Uganda-Qatar Business Forum held today in Doha.Chebrot emphasised that the forum reflects Uganda-Qatar partnership for shared economic development: “This theme captures our common aspiration to create a future of mutual prosperity, beautiful investment, innovation, and shared opportunity. We understand that we are one of Uganda’s most promising frontiers for investment, along with fertile land, abundant natural resources, a young and dynamic population, and a stable investment environment.”“Qatar, on the other hand, is a global leader in capital investment, innovation, and sustainable economic transformation. Together, our partnership holds immense potential to create lasting value for both countries. This forum seeks to promote collaboration across our four great populous, agricultural value chain, tourism promotion, mining, science and technology, and innovation, all as well as other TMS sectors,” the ambassador also emphasised in his opening speech.Chebrot outlined Uganda’s investment landscape, citing fertile land, abundant resources, and a young population as key advantages.“Uganda is inviting Qatari investors to participate across the value chain—from livestock farming, agro-processing, oil storage, and medicine, to exporting high-value products such as citrus, coffee, vanilla, avocado, grapes, and tea,” said Chebrot, who also highlighted Uganda’s role as a regional trade hub, saying the country offers access to regional markets of over “300mn” people through the East Africa community.Mohamed Massani, co-founder and chairman of KON Group, reinforced the ambassador’s message, citing the company’s recent $10mn investment in animal waste recycling in Uganda. “These initiatives demonstrated how innovation can transform sustainability into empowerment,” Massani said.According to Masssani, Uganda’s exports to Qatar rose from “$5.7mn in 2021 to $13.4mn," a “135%” increase in just two years. “These numbers reflect more than trade. They reflect trust, commitment, and opportunity in action,” he pointed out.Speaking to Gulf Times on the sidelines of the forum, Massani announced plans to open a facilitation office for food product exports between Uganda and Qatar. Tourism was also a key focus, KON Group co-founder and chairperson Hissa al-Sowaidi bared to this paper, underscoring the forum’s goal of boosting two-way travel and cultural exchange. “We are directly arranging a familiarisation trip to boost the tourism side,” she said.Massani added: “Let’s remember partnership is not just a transaction but a commitment...it’s a bridge between innovation and impact.” On a similar note, Chebrot affirmed his confidence that Uganda-Qatar partnerships “will mark the beginning of new ventures, friendships, and investments.”

A representative of Invest India delivers a briefing before participants of the ‘Qatar-India Joint Business Council’ meeting held in Doha earlier this month. PICTURE: Shaji Kayamkulam
Business
India-Qatar investment ties deepen with $52.9bn commitments across 50 projects: Invest India

India’s strategic investment partnership with Qatar has gained fresh momentum, with $52.9bn worth of commitments spanning 59 projects, according to a presentation by Invest India at the ‘Qatar-India Joint Business Council’ meeting earlier this month in Doha.The basis for the type of financing required for public sector projects includes 14 hybrid projects amounting to $18.5bn, 12 equity projects worth $9.3bn, and nine debt-type projects to the tune of $23bn. The top three sectors for private projects are food processing with five projects, four in semiconductor and electronics, and three in pharmaceuticals and healthcare, the presentation stated.According to Invest India, which is the country’s National Investment Promotion and Facilitation Agency, set up in 2009 as a not-for-profit company under the Department for Promotion of Industry and Internal Trade (DPIIT), a delegation from Qatar led by HE the Minister of State for Foreign Trade Affairs Dr Ahmed bin Mohammed al-Sayed visited India to lead a high-level delegation to discuss investment co-operation.During the visit, stakeholders from both sides held many discussions and meetings at the government level, as well as the private sector level.“Approximately $53bn of investment opportunities were shared across sectors; $50bn of the total amount comprised public sector projects, while the balance is for private sector projects. A lot of these projects are at the advanced stage. There is a good discussion happening between both sides when it comes to progressing these investments, and there are other projects that are also being looked at right now,” Invest India explained.At the recent ‘Qatar-India Joint Business Council’ meeting, Invest India also outlined the South Asian country’s macroeconomic trajectory, highlighting its current status as the world’s fourth-largest economy with aspirations to reach third place by 2030.Citing Prime Minister Narendra Modi’s vision, Invest India emphasised that India aims to become a $30tn developed economy by 2047, with a $7tn interim target set for 2030. The presentation framed India as a consumption-driven economy, with household spending accounting for over 60% of GDP, and gross capital formation — seen as a proxy for investment — averaging around 30%. It also noted that India’s FDI inflows have averaged $80bn annually over the past five years, with its share of global FDI doubling from 3% to 6% between 2014 and 2024.The presentation also noted that repatriation of profits has increased, signalling investor confidence and India’s progress toward developed economy benchmarks. “It’s a sign of an economy that is progressing towards a developed economy, wherein investors have put money and are also able to take out the profits. Similarly, outside FDI is the investment of India’s companies... this also shows a healthy growth sign showing that Indian companies are growing in this nature and are also able to invest in other countries abroad,” Invest India pointed out.India’s outbound FDI is also on the rise, with domestic firms investing abroad and raising $19bn through 80 IPOs in the Indian stock market in 2025 alone, according to Invest India. Green energy emerged as a key growth driver, with India achieving its 2030 target of 50% renewable installed capacity five years ahead of schedule. Out of the current 495GW total energy mix capacity, 248GW now comes from renewables (green/non-fossil energy capacity), with a new target of 500GW set for 2030.“A lot of initiatives have been taken by both governments. India is a federal structure; there’s a government at the central level and there’s a government at the state level, so a lot of initiatives have been taken by governments at both levels to support investments into the country.“A lot of these sectors have been re-licensed, except a couple of strategic ones. Most of the FDI is now allowed under the automatic route. The tech and royalty payments are also all on the automatic route. A lot of central government schemes and incentives are there,” Invest India also pointed out.The presentation detailed a wide array of central and state-level incentives, including production-linked incentive schemes worth $24bn across 14 sectors, and state subsidies ranging from fixed capital support to full stamp duty exemptions. India’s logistics reforms were also spotlighted, with the ‘PM Gati Shakti’ initiative and a national logistics policy aimed at boosting multimodal connectivity.Invest India emphasised that recent diplomatic exchanges have further strengthened bilateral ties. Following His Highness the Amir Sheikh Tamim bin Hamad al-Thani’s visit to India in February, a $10mn investment commitment was made, followed by Dr al-Sayed’s delegation in August. These engagements have led to the identification of approximately $53bn in investment opportunities, with hybrid financing models under discussion and several projects already at advanced stages.The presentation also reaffirmed “India’s readiness” to welcome Qatari investors, citing sectoral diversity, policy stability, and a maturing industrial ecosystem as key enablers.

The Department for Promotion of Industry and Internal Trade underscored the role of its ‘Startup India’ initiative in creating a robust ecosystem for startups during the ‘Qatar-India Joint Business Council’ meeting held in Doha recently. PICTURE: Shaji Kayamkulam
Business
Qatar-India push to cultivate next-gen unicorns, ‘soonicorns’

Qatar and India are deepening their startup ties with a shared ambition to co-create the next wave of unicorns and “soonicorns”, as both nations shift from transactional investment to strategic innovation diplomacy. In a presentation delivered on the sidelines of the ‘Qatar-India Joint Business Council’ meeting held in Doha recently, the Department for Promotion of Industry and Internal Trade (DPIIT) underscored the role of its ‘Startup India’ initiative in creating a robust ecosystem for startups. “Our startups, entrepreneurs, and innovators are the bridge that will take this partnership to the next level,” the DPIIT stated, adding that the Startup India initiative “empowered India's youth to choose the path of becoming job creators rather than job seekers.” Launched in 2016 under the vision of Indian Prime Minister Narendra Modi, Startup India has become “one of the world’s most recognised entrepreneurship programmes” owing to its funding support, simplification of processes, and incubation, the DPIIT pointed out. “From 400 startups in 2016 to more than 189,000 in 2025, India stands as the third largest startup ecosystem globally. With 123 unicorns, $364bn in cumulative funding, and 194mn jobs created, the India startup ecosystem story is one of resilience, scale, and global ambition,” the DPIIT emphasised. The DPIIT also said startups under the initiative “are redefining industries,” whether it is the Industry 4.0, EVs, semiconductors, health tech, agri-tech, or fintech. “They are solving global challenges and creating globally scalable solutions. This offers immense opportunities for Indian and Qatari innovators to co-create and expand,” the DPIIT noted. In life sciences alone, the DPIIT stated that India hosts “over 7,000” startups and ranks among the “top 12” global hubs, with a projected market size of $300bn by 2030. It also pointed out that India’s strength in genetics and vaccines “makes it among the globe’s top hubs.” The DPIIT stated: “For Qatar, this opens doors to co-invest in cutting-edge technologies, strengthen pharma supply chains, and collaborate on clinical research. In fintech, India’s more than 4,000 startups power more than 12mn UPI transactions monthly. Qatar can integrate with this ecosystem, bringing Islamic finance and wealth-tech innovations into play.” The DPIIT also flagged proptech as a “high-potential area,” with India’s smart housing push creating avenues for Qatar to co-develop digital real estate platforms and smart cities. “More than 100 corporates” are actively engaging with Indian startups, while “over 250” have benefitted from $8.21mn in incubation and mentorship support, it also stated. Moreover, the DPIIT stated that India has built a strong soft landing platform with more than 40 partner countries, enabling over 200 global programmes and benefiting more than 860 startups through 21 international bridges and two strategic alliances. “Our entrepreneurs are gaining exposure to new markets, potential customers and strategic partnerships. These bridges are not just pathways; they are accelerators, helping Indian startups scale their innovation beyond national borders,” the DPIIT also stated. According to the DPIIT, Indian startups are now present across the US, Europe, the Middle East, and Asia, with DPIIT-recognised firms recently showcased at Web Summit Qatar. “A landmark moment came in August when a high-powered Qatari delegation engaged with 30 of India’s top unicorns and ‘soonicorns’. The Qatar Investment Authority (QIA) reaffirmed its $10bn commitment to India, highlighting sustainable and future-ready investments. “Looking ahead, India and Qatar have vast synergies,” the DPIIT noted, citing fintech, green energy, logistics, mobility and deep tech. “Together, we can redefine food security, maritime trade, smart mobility, and even carbon-neutral air travel,” it stated. With nearly half its population under 25 and over 270mn digital users, India was described as “a young digital nation” poised for global leadership. In 2025 alone, Indian startups accounted for “22%” of global IPOs, with over 60 listings. The DPIIT added: Our startups are maturing with more than 60 IPOs in 2025 alone, accounting for 22% of global IPOs. Early investors have reaped significant returns, reinforcing India's and the world's most profitable venture markets. “Policy tailwinds like reverse flipping provisions and strong regulatory support make India a global hub for innovation today. The India-Qatar partnership is not just about investments, but about shaping the future of global entrepreneurship.”

Dr Hamad Salem Mejegheer, QDB executive director of SME Development (centre), is joined by (from left) Sabah Rabiah al-Kuwari, senior director, Marketing Communications at Ooredoo Qatar; Ismail Mohamed al-Emadi, executive vice- president of SME Banking at QNB Group; Abdulrahman Tareq al-Emadi, YEC vice-president; and Jassim Mohammed al-Naama, director of Marketing and Communication Invest Qatar, during yesterday's press conference announcing the 11th edition of Rowad Conference. PICTURE: Thajudheen
Business
QDB unveils 11th Rowad Conference slated for November 17-19

The 11th edition of the Rowad Conference is expected to tackle issues vital to Qatar’s entrepreneurship ecosystem, including the best strategies for scaling businesses and how to leverage global market needs to develop products and services, a Qatar Development Bank (QDB) official has said.Dr Hamad Salem Mejegheer, QDB executive director of SME Development, made the statement in a press conference yesterday, underscoring the significance of this year’s edition to be held in collaboration with the Young Entrepreneurs Club (YEC) at the Doha Exhibition and Convention Centre (DECC).Under the theme ‘Beyond Boundaries: Scaling, Sustaining, and Succeeding’, the conference will also feature the second edition of the ‘Young Entrepreneurs Media Forum’, adding further momentum and offering a vibrant platform for emerging business leaders.Mejegheer said: “This year’s edition of the Rowad Conference will stand out through its broad participation, bringing together officials, experts, entrepreneurs, and investors. Participants will have the opportunity to exchange ideas and explore the latest developments in entrepreneurship, locally, regionally, and globally.”He also said: “The conference will also highlight the importance of sustainability as a strategic choice that inspires investors to engage in ventures, alongside innovation and the adoption of creative solutions. We are confident that this year’s Rowad Conference will continue to build on its remarkable legacy of success as a pioneering platform that reflects Qatar’s standing as a regional leader and a global connector in the field of entrepreneurship.”YEC vice-president Abdulrahman Tareq al-Emadi expressed confidence in the event's impact, stating that the Rowad Conference and the Young Entrepreneurs Media Forum share a unified mission to empower youth and enhance their contributions to the national economy by showcasing their stories, aspirations, and successes. “This edition is more than just an event; it is a dynamic platform reflecting Qatar’s youth entrepreneurial energy that transcends borders,” he noted.Ismail Mohamed al-Emadi, executive vice-president of SME Banking at QNB Group, the conference’s Strategic Sponsor, reaffirmed the bank’s commitment to supporting national development, stating: “Our participation reflects our belief in sharing knowledge and fostering innovation to advance Qatar’s sustainable development.”The 11th Rowad Conference will offer a comprehensive programme featuring an exhibition of more than 120 local and international companies presenting their latest products and innovative solutions. The agenda includes over 30 specialised workshops and 15 panel discussions across four tracks, with the participation of more than 100 speakers and experts.A major new feature this year is the introduction of a dedicated ‘Pitching Arena’, where companies will have the opportunity to pitch their projects directly to investors in a competitive environment. The event will also include a series of networking sessions and meetings to discuss growth opportunities and potential investment partnerships.Rowad 2025 is supported by the Ministry of Communications and Information Technology (MCIT) and the Ministry of Commerce and Industry (MoCI) as strategic partners, while the Small and Medium Enterprises General Authority (Monsha’at) serves as the regional partner and QNB Group as the conference’s strategic sponsor.Ooredoo is the telecom sponsor, alongside Invest Qatar, Qatar Stock Exchange, and Elan Media as platinum sponsors. Qatar Research, Development, and Innovation Council (QRDI) participates as the innovation sponsor, with Qatar Financial Centre as the gold sponsor, Snoonu as the technology sponsor, and Qatar Media Corporation as the official media partner.The latest edition of the conference builds on its success since its inception as an innovation and entrepreneurship hub. Rowad is held as an integral part of Global Entrepreneurship Week (GEW).

Aqarat president Khaled Ahmed al-Obaidli delivering the opening speech during the third edition of the Qatar Real Estate Forum. PICTURE: Thajudheen
Business
3rd Qatar Real Estate Forum launched

Qatar’s real estate market has shown resilience and “record achievement” amid global economic challenges, Qatar Real Estate Regulatory Authority (Aqarat) president Khaled Ahmed al-Obaidli announced Sunday at the opening of the ‘Qatar Real Estate Forum 2025’.The forum, now in its third edition under the theme ‘Aqarat’s Future’, was officially launched by HE the Minister of Municipality Abdullah bin Hamad bin Abdullah al-Attiyah, in the presence of high-level officials from Saudi Arabia and other GCC countries, including regional and international developers and investors.In his opening speech at the forum’s third edition, al-Obaidli emphasised that the country’s real estate sector continues to maintain “its position as one of the most valuable assets” of Qatar, “despite the accelerating challenges facing the global economy”.“The Qatari real estate market sustained its strong performance through the end of the third quarter of this year, achieving a 54% increase in registered sales transactions and a 41% increase in total sales value compared to last year — a record achievement,” al-Obaidli emphasised.He also announced that Aqarat has issued licenses to 19 real estate developers, citing the authority’s launch of its strategic plan in December 2024. He said by H1-2025, “all relevant legislations were activated to support the achievements of the state’s goals.”“Furthermore, training programmes are being developed to enhance the capabilities of Qatari professionals and practitioners in the real estate field, including brokers, valuers, and property managers, in collaboration with local and international institutes and universities,” al-Obaidli pointed out.According to al-Obaidli, Aqarat also launched the ‘Real Estate Investor Journey’, in collaboration with national ministries and institutions, to further enhance investor experience.He noted that the initiative enables individuals to obtain property ownership documents and residency permits through a single, user-friendly digital platform powered by artificial intelligence (AI), underscoring Aqarat’s leadership in innovation and service excellence.“In promoting Qatar’s unique real estate investment environment, the authority is also implementing an integrated plan to showcase the Qatari real estate market globally, reinforcing Qatar’s position as an international investment destination,” he stated.Al-Obaidli stressed that Saudi Arabia’s participation in the forum as a “guest of honour” highlights the symbolic and deep-rooted ties between the two Gulf nations, as well as shared aspirations for the real estate sector.He said: “We are honoured this year to welcome the Kingdom of Saudi Arabia as the ‘Guest of Honour’, reflecting the deep-rooted Gulf relations and the shared vision for a prosperous real estate future. We are also pleased to announce that the first meeting of the GCC Heads of Real Estate Authorities was held in Doha on October 11, 2025, in conjunction with the forum’s events.”Al-Obaidli also opened the forum with a strong message of regional co-operation: “We firmly believe that the future of the real estate sector is built on partnerships and regional integration. We look forward to constructive discussions and actionable outcomes that will contribute to advancing real estate development in Qatar and the wider region.”He said the forum will be highlighted by the launching of the ‘Qatar Real Estate Award’, which he described as “a prestigious national platform” aimed at honouring outstanding achievements that align with the goals of Qatar National Vision 2030. The winners will be announced during the forum’s activities, which will run until October 14 at the Doha Exhibition and Convention Centre (DECC), al-Obaidli added.

UDC president and CEO Yasser Salah al-Jaidah
Business
UDC showcases smart-city vision, tech-driven growth during ‘Qatar Real Estate Forum 2025’

United Development Company (UDC) is placing digital transformation and sustainability at the heart of its development strategy, reinforcing its commitment to innovation and operational excellence.“Technology is not a support function at UDC – it is at the core of how we deliver value,” UDC president and CEO Yasser Salah al-Jaidah told Gulf Times in an exclusive interview on the occasion of the ‘Qatar Real Estate Forum’, which will run until October 14 at the Doha Exhibition and Convention Centre (DECC).He said, “From planning and construction to sales and community management, every stage of our operations is digitally enabled.” As the forum’s ‘Platinum Sponsor’, al-Jaidah stated that UDC is expected to highlight its smart infrastructure systems that optimise energy, water, and waste management, alongside advanced project management platforms that provide real-time oversight of delivery schedules and budgets.According to al-Jaidah, UDC has invested in digital platforms that make the investor and resident journey seamless. Virtual property tours and customer service apps already allow investors and residents to access information, complete transactions, and receive support from anywhere in the world, he noted.“At the same time, our customer relationship management systems capture preferences and interactions, enabling us to provide a more tailored and responsive experience. Looking ahead, we are moving towards a comprehensive digital listing platform that will feature full property availability on our mobile app and portal. It will be enriched with 3D maps, VR/AR-enabled walkthroughs, street views, and even live reservation capabilities,” al-Jaidah explained.Al-Jaidah further pointed out that these enhancements will empower both local and international buyers to explore and reserve properties without an onsite visit, reinforcing UDC’s commitment to accessibility, innovation, and customer-centric service.“Behind the scenes, our customer relationship management systems capture preferences and behaviours, enabling us to offer highly tailored solutions rather than one-size-fits-all interactions.“The result is a more empowered investor, faster decision-making, and enhanced customer experience that reflects the premium standard of our destinations. In essence, technology is helping us bridge geography, simplify choices, and strengthen trust,” he said.Asked about sustainable development and smart cities, al-Jaidah stated that UDC is integrating smart and sustainable city concepts into its current and future projects: “Sustainability and smart-city thinking are built into every stage of our projects. We are embedding efficient transport networks, renewable energy adoption, smart metering, and automated waste systems to reduce emissions and optimise resources.”He said, “On Gewan Island, energy-efficient building designs and smart infrastructure are reducing consumption, while The Pearl Island incorporates district-cooling networks, comprehensive recycling programmes, and pedestrian-friendly planning that promote greener, healthier lifestyles.“Our goal is clear: to deliver destinations that combine world-class luxury with environmental responsibility, ensuring residents and visitors experience communities that are sustainable, liveable, and inspiring.”Citing challenges that developers face when balancing luxury real estate with environmental responsibility, and how UDC is addressing this, al-Jaidah said: “The real challenge is the perception that luxury and sustainability are at odds. At UDC, we see them as complementary.”He added: “Our unique strength lies in delivering and operating luxury and exclusivity as cost-competitively as possible without ever compromising on quality. We achieve this by applying the classic framework of cost, quality, and delivery, ensuring that each project strikes the right balance that investors and residents can trust. This balance is what allows UDC to deliver destinations that are both aspirational and sustainable.”

Engineer Khaled bin Ahmed al-Obaidli, chairman of the Qatar Real Estate Regulatory Authority. PICTURE: Thajudheen
Business
Qatar Real Estate Forum to showcase digital innovation, global partnerships

Qatar’s massive investments in innovation and digital technologies will have a positive impact on the country’s property market, which is poised to become a regional real estate destination.Engineer Khaled bin Ahmed al-Obaidli, the chairman of the Qatar Real Estate Regulatory Authority (Aqarat), emphasised that the country’s real estate sector is undergoing a digital transformation aimed at simplifying investor experience and positioning Qatar as a regional hub for property development.Al-Obaidli explained that the use of artificial intelligence and digital platforms is essential for the sector’s future. “We want people’s experience to be easy, clear, and user-friendly,” he told Gulf Times, describing a vision where AI-powered systems guide users through property selection based on budget, family size, and location.“It should even direct a potential client to what the possibilities and good investments that would be worth exploring in Qatar, al-Obaidli pointed out.He also confirmed that Aqarat, along with other government ministries, is investing heavily in developing such platforms. “We are in the process of developing AI-powered platforms, AI agents, and other similar innovative technologies,” he explained.Al-Obaidli emphasised that the third edition of the Qatar Real Estate Forum will feature Saudi Arabia as the “host country.” The event will also introduce the ‘Qatar Real Estate Award 2025’.More than 50 experts from Qatar and abroad are expected to share insights during the forum, which will run from October 12 to 14 at the Doha Exhibition and Convention Centre, alongside Cityscape Qatar 2025, al-Obaidli noted.“We hope for more partnerships between our local companies and the international companies that are expected to participate in this year’s edition. We aim to provide a platform where landmark iconic ideas can be transformed into reality,” al-Obaidli said.He also said the Qatar Real Estate Forum is designed to facilitate collaboration, spark innovation, and deliver new products for Qatar and the wider Gulf region. “The third edition, organised under the theme ‘Aqarat’s Future’, continues to build on the success of the two previous editions, solidifying the forum’s position as a strategic platform that brings together decision-makers, experts, and investors,” he said.Earlier, al-Obaidli announced that Aqarat is positioning the Qatar Real Estate Award 2025 “as a strategic initiative to enhance regulatory impact and promote excellence across the country’s property sector.”In a statement, Aqarat described the Qatar Real Estate Award 2025 as "a dedicated platform to celebrate excellence and innovation” in Qatar’s real estate sector. “The award aims to honour pioneering projects and innovative ideas that enhance Qatar’s position as a leading global investment destination, in line with Qatar National Vision 2030,” Aqarat stated further.The award categories include ‘Best Residential Project’, which is evaluated on quality of life elements, building classification, green space ratio, community services and amenities, public utility integration, and resident satisfaction metrics.The ‘Best Sustainable Urban Development Project’ is assessed through architectural plans, construction materials, environmental certification (GSAS or LEED), efficiency reports, smart systems, EIA studies, and readiness for future technologies.The ‘Best Commercial/Office Real Estate Project’ is judged on work environment, digital infrastructure, proximity to business hubs, interior flexibility, and integration with public services.The ‘Best Rest Estate Investment’ award is based on feasibility studies, ROI indicators, occupancy/sales rates, market contribution, job creation, operations and maintenance (O&M) and expansion plans, and connectivity and integration with public utilities and community services.

The panellists of the inaugural 'Itechar Majlis' examined practical approaches and global best practices across two domains: government and public innovation.
Business
Experts shape future of Qatar’s public sector innovation via inaugural ‘Ibtechar Majlis’

A top official of a Doha-based tech-focused company has reiterated calls for the establishment of a multi-layered Public Innovation Lab (PIL) ecosystem for the benefit of the country’s public sector.“Qatar has an advantage as a small country. Having a hybrid model of a Public Innovation Lab, with a centralised and decentralised aspect, brings significant value to a state of its size,” Nayef al-Ibrahim, co-founder and CEO of Ibtechar, explained as the company launched its inaugural ‘Ibtechar Majlis’ dialogue series yesterday.Earlier, the company proposed its PIL concept in a white paper titled ‘Imagining a Public Innovation Lab for Qatar’, a central PIL to accelerate cross-government priorities, complemented by hybrid ministry-level labs that build capacity and deliver tangible solutions within sectors. This two-pronged approach ensures strategic alignment with national goals, faster piloting and scaling, and stronger cross-ministry collaboration.The inaugural ‘Ibtechar Majlis’ gathered senior government representatives, academia, and innovation experts to explore the development of a PIL ecosystem that would help to further improve efficiency, service delivery, and encourage greater citizen participation.Al-Ibrahim moderated the discussion of the panel, which comprised Eman al-Kuwari, director of Digital Innovation at the Ministry of Communications and Information Technology (MCIT); Dr Georgios Dimitropoulos, professor and associate dean for Research at the College of Law, Hamad Bin Khalifa University (HBKU); Hissa al-Tamimi, director of Governmental Innovation Department at the Civil Service and Government Development Bureau (CGB); and Nejoud M al-Jehani, executive director of Strategy & Programmes at the Qatar Research, Development and Innovation (QRDI) Council.The panellists examined practical approaches and global best practices across two domains: government and public innovation. Participants aligned on working definitions and shared how their respective organisations are shaping Qatar’s innovation landscape. They also highlighted Qatar’s strong regulatory framework, citing examples, such as the cryptocurrency ban and the early adoption of an AI strategy, as evidence of the country’s active role in fostering innovation and its impact on economic development.Concluding the discussion, al-Ibrahim said: “Innovation requires persistence; it is a long-term journey, and achieving a true cultural shift takes time. We need a Qatar National Innovation Day: a day when the public sector, private sector, communities, students, and professionals unite to celebrate innovation.“We have witnessed the impact of National Sports Day over the years; imagine what we could achieve in five to seven years if we came together annually to celebrate innovation, encourage experimentation, and share knowledge.”He added: “The new Ibtechar Majlis series is yet another example of the organisation’s enduring commitment to supporting Qatar’s transition toward a diversified, knowledge-based economy.“Reflecting Qatar’s strategic priorities, Ibtechar Majlis directly advances Qatar National Vision 2030 by enhancing public service delivery in line with the vision’s human and social development pillars, while fostering innovative, efficient institutions that underpin sustainable economic prosperity.”

Gulf Times
Business
QFZ, Qatar Airways sign collaboration agreement to boost aviation, logistics ecosystems 

Qatar Free Zones Authority (QFZ) has partnered with Qatar Airways, following the airline’s record deals in the aviation industry -- the largest widebody aircraft order in its history and the largest wide-body engine deal in GE Aerospace history. The partnership will bolster Qatar Airways’ aviation eco-system in support of its expanding world class fleet. QFZ and Qatar Airways have signed a collaboration agreement to enhance Qatar’s competitiveness as a global aviation and logistics hub. The partnership will drive economic growth by establishing an “aviation cluster” in the Ras bu Fontas free zone to support the maintenance and expansion of Qatar Airways' growing world-class fleet.The agreement was signed by Sheikh Mohammed bin Hamad bin Faisal al-Thani, QFZ CEO, and Engineer Badr Mohammed al-Meer, Qatar Airways Group COE, in a signing ceremony attended by senior officials from both organisations and key representatives from Qatar's logistics and aviation sectors.The agreement outlines a phased plan beginning with an official Maintenance, Repair and Overhaul (MRO) facility for Auxiliary Power Units (APUs) in Ras Bu Fontas Free Zone, followed by additional specialised technical sites. It also includes a customs-free corridor connecting the free zone to Hamad International Airport and Hamad Port. Qatar Airways will extend corporate and cargo privileges to QFZ tenants and invite its partners and suppliers, including international companies in the aviation sector, to set up operations in the free zones.Sheikh Mohammed said, "This strategic agreement with Qatar Airways demonstrates our commitment to positioning Qatar’s free zones as a leading hub for logistics and aviation services. By combining the world-class infrastructure and expertise of Qatar Free Zones Authority and Qatar Airways, we are confident this partnership will attract more companies to establish supply chain hubs and maintenance, repair, & operations services in Qatar, contributing to economic growth in line with the Third Qatar National Development Strategy 2024-2030."Al-Meer said, “We are delighted to announce our agreement with the Qatar Free Zones Authority to establish top-tier facilities and cultivate local expertise in aircraft maintenance, repair, and overhaul. This strategic partnership not only supports the growth of our expanding fleet but also enables us to deliver world-class services to airlines across the region and beyond. By investing in advanced infrastructure and talent development, we are supporting the goals of the Qatar National Vision 2030 to strengthen Qatar’s role as a global aviation hub and setting new benchmarks for operational excellence and reliability. “The collaboration marks a significant milestone in advancing Qatar's logistics and aviation sectors, with far-reaching benefits for businesses operating within Qatar Free Zones. Both QFZ and Qatar Airways are committed to enhancing Qatar’s business environment to anchor the State of Qatar’s reputation as a destination of choice for investors.

Dr Mohamed Althaf, Global Director of LuLu Group International. PICTURE: Shaji Kayamkulam
Business
Top LuLu executive urges Indian firms to use Qatar as ‘springboard’ for global expansion

A top LuLu Group executive has called on Indian companies to shift from “transactional trade” to strategic investment and view Qatar as a launchpad for global markets.Speaking to Gulf Times on the sidelines of the Qatar-India Joint Business Council meeting organised in Doha by Qatar Chamber, Dr Mohamed Althaf, Global Director of LuLu Group International, underscored Qatar’s world-class infrastructure, favourable tax regime, and access to major international trade corridors. He said: “Indian companies should look to Qatar as a springboard for global markets... they should think that this country also offers enormous infrastructure in terms of business, trade, and investments.”Dr Althaf noted that Qatar “has crossed beyond outdated models on commodity exchange” and “the buy and sell type of transaction,” and emphasised that the LNG-rich Gulf state has positioned itself as an investment destination with world-class infrastructure.He pointed to the recent visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to India, emphasising the reciprocal engagement of major investment houses “as signs of a maturing partnership”. “What we are looking at now is inward investment into Qatar, joint ventures, collaborations, and co-creative businesses,” Dr Althaf stressed.Dr Althaf emphasised that Qatar’s economic platform is well-positioned to support Indian firms in the smart manufacturing and digital transformation sectors, saying: “They have access to global markets and investment houses. India also has tremendous potential in terms of a lot of good startups and technology firms. That will be a very good synergy.”

Qatar Chamber board member Mohamed bin Ahmed al-Obaidli. PICTURE: Shaji Kayamkulam.
Business
Qatar Chamber board member invites Indian businesses to deepen investment ties

Qatar Chamber board member Mohamed bin Ahmed al-Obaidli has encouraged Indian companies to explore deeper investment opportunities in Qatar, highlighting the country’s readiness to support strategic partnerships across high-impact sectors.Al-Obadili made the statement on the sidelines of the Qatar-India Joint Business Council meeting organised in Doha by Qatar Chamber. Speaking to Gulf Times, he said: “Qatar welcomes trade partnerships of all scales. At this stage of our economic development, we’re especially keen to explore joint investments that bring long-term value and innovation to the market.”Al-Obaidli emphasised that Qatar’s infrastructure and incentives are already in place, offering a strong platform for collaboration: “Infrastructure in Qatar is ready. The incentives are ready; everything is ready, so we are welcoming everybody.”He noted that Qatar’s competitive advantages, particularly in energy, logistics, and tariff structures, have begun attracting interest from Europe and the US. “Even if you are exporting, you are still within 10% tariffs, which is better than higher rates in other countries,” he pointed out.Al-Obaidli expressed optimism about potential collaborations in technology, semiconductors, and artificial intelligence (AI) – sectors that require high energy inputs and specialised infrastructure. “This is where we need to drive such things to attract talent, funding, and startups, among others, to Qatar,” he explained.He also highlighted the distinction between government-led investments and private sector engagement, encouraging Indian firms to maximise Qatar’s open investment environment.Al-Obaidli also welcomed the growing interest in startup tie-ups between Qatar and India, describing the country’s private sector as “mature and ready to support” foreign direct investment. Positioning Qatar as a neutral hub amid global trade shifts, al-Obaidli said the country is well-placed to support international supply chains.

Qatar Chamber second vice-chairman Rashid bin Hamad al-Athba presided over the meeting alongside Adeeb Ahmad, chair of the Middle East Council of the Federation of Indian Chambers of Commerce, in the presence of HE the Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal al-Thani and Piyush Goyal, Minister of Commerce and Industry of India. PICTURE: Shaji Kayamkulam
Business
Qatar-India Joint Business Council explores collaboration in key sectors

Key stakeholders in Qatar and India’s private sector have a robust potential to collaborate in strategic sectors like energy, food security, healthcare, technology, infrastructure, and pharmaceuticals.Adeeb Ahmad, chair of the Middle East Council of the Federation of Indian Chambers of Commerce, made the statement during the ‘Qatar-India Joint Business Council’ meeting held in Doha yesterday.Qatar Chamber second vice-chairman Rashid bin Hamad al-Athba presided over the meeting alongside Ahmad, in the presence of HE the Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal al-Thani and Piyush Goyal, the Minister of Commerce and Industry of India.Also in attendance during the meeting are HE Dr Ahmed bin Mohammed al-Sayed, Minister of State for Foreign Trade Affairs; Sheikh Khalifa bin Jassim al-Thani, Qatar Chamber chairman; and Indian ambassador Vipul.Ahmad emphasised that Qatar and India enjoy strong and developed relations, pointing out that Qatar is considered “the largest exporter of gas to India”, citing Qatar’s exports amounting to $6.9bn in 2024-2025, representing “26% of India's total gas imports.”According to him, Qatari investments in India are distributed in sectors, such as real estate and financial services, noting that there are more than “20,000” Indian small and medium sized (SMEs) companies operating in Qatar in all sectors.In his remarks, al-Athba said Qatar-India relations have seen considerable development within the past decades, noting that India is Qatar’s strategic trade partner with a trade volume exceeding QR48bn ($13.2bn).He said there are many mutual investments covering several vital sectors, in addition to many co-operation agreements and memoranda of understanding signed between the two countries in all fields.Al-Athba noted that India is a major destination for Qatari LNG exports, while Qatar imports many Indian products in various sectors, such as technology, manufacturing industries, food, and pharmaceutical products, among others.He also explained that investment opportunities between the two countries “are wide and diverse”, noting that India is “one of the fastest-growing economies worldwide and is rife with great opportunities in the sectors of infrastructure, advanced technology, renewable energy, manufacturing industries, and agriculture”.“Qatar provides an attractive investment environment thanks to its advanced infrastructure, modern economic legislation, and strategic location as a gateway to regional markets,” al-Athba further stressed.Qatar Chamber board member Mohamed bin Mahdi al-Ahbabi affirmed that the Qatari side is keen to establish partnerships and business alliances with Indian companies, particularly in the healthcare sector.Qatar Chamber board member Sulaiman al-Haider highlighted the strong commercial cooperation between the two nations and emphasised the importance of facilitating the flow of Indian gold and jewellery exports to the Qatari market more smoothly and efficiently.Qatar Chamber board member Mohamed bin Ahmed al-Obaidli stressed that Qatari companies “are seeking genuine partners and serious collaborations” with Indian firms, especially in the fields of technology and artificial intelligence (AI).

Piyush Goyal, the Minister of Commerce and Industry of India. PICTURE: Thajudheen
Business
Launch of UPI at LuLu Hypermarket marks milestone in Qatar-India digital trade

The launch of the Unified Payment Interface (UPI) at LuLu Hypermarket The Pearl yesterday "is a symbol of India’s digital leadership", stated a top official of LuLu Group, who noted that the platform reflects the growing confidence of Indian businesses operating globally, including in Qatar.Dr Mohamed Althaf, Global Director of LuLu Group International, made the statement yesterday during the official launch of UPI in Qatar. QNB has enabled LuLu Hypermarket to become Qatar’s first major retail chain to accept UPI transactions across all its stores in the country.Althaf said: “LuLu is a true testament of the relationship between India and Qatar, as many Indian entrepreneurs have benefitted from the mutual understanding and generosity of the Qatari people.”He also lauded Piyush Goyal, the Minister of Commerce and Industry of India, who led the launch of UPI, in the presence of senior executives from both QNB and LuLu Hypermarket.Dr Althaf also expressed optimism for the deeper economic ties, including the possibility of a future free trade agreement (FTA) between Qatar and India. “We don’t want our relations to be just transactional; we also want to have many more Indian companies come to Qatar, take the opportunity, and see that Qatar offers a global platform, including a world-class port and airport, as well as ready infrastructure,” he added.Goyal, in his first visit to Qatar, emphasised the transformative potential of UPI in strengthening bilateral trade and financial integration: “UPI is not just a technology solution, not just a digital payment solution, but has the potential to revolutionise trade between Qatar and India. It’s the celebration of India’s technology...a symbol of trust across borders.”The minister noted that UPI now facilitates “85%” of India’s digital payments, with nearly “50%” of global digital transactions routed through the platform. Goyal highlighted the alignment between India’s ambition to become a developed nation by 2047 and Qatar’s 2030 national vision, calling for shared prosperity through technological collaboration.“Our relations are further strengthened with the nearly 830,000 persons of Indian origin who have adopted Qatar as their home. I’m sure they will all benefit immensely with the launch of UPI — their remittances will become faster and at a lower cost,” he added.

India’s Minister of Commerce and Industry, Piyush Goyal, arriving at the ‘Qatar-India Joint Business Council’ meeting in Doha yesterday. PICTURE: Shaji Kayamkulam
Business
India, Qatar poised to deepen trade and investment ties, says minister

India’s Minister of Commerce and Industry, Piyush Goyal, has called for a renewed push to strengthen economic ties between India and Qatar, describing the relationship as a “shining example of economic co-operation in the 21st century”.Speaking at the ‘Qatar-India Joint Business Council’ meeting in Doha, Goyal said both countries are aligned in their development goals and share a vision for transforming their economies into advanced, knowledge-based systems rooted in sustainability.“Our goal is to double bilateral trade by 2030,” Goyal said, emphasising the need for business leaders from both nations to collaborate and seize emerging opportunities.Goyal also proposed launching negotiations for a free trade agreement, which he said would “facilitate greater engagement, greater bilateral trade, and greater investment opportunities”.He highlighted India’s economic resilience and growth potential, pointing to sectors such as clean energy, infrastructure, healthcare, technology, and agriculture as attractive avenues for Qatari investors.“Indian investments by and large have given very good returns to investors across the world,” said Goyal, who welcomed the decision for the Qatar Investment Authority (QIA) to open an office in India, describing it as a step towards “substantially enhancing Qatari investments”.He also encouraged Indian businesses to explore opportunities in Qatar, praising the country’s resources and strategic position within the GCC.

Ibtechar CEO and co-founder Nayef al-Ibrahim.
Business
Upcoming ‘Ibtechar Majlis’ to spotlight innovation in Qatar’s public sector

Ibtechar is set to launch a new panel discussion series, ‘Ibtechar Majlis’, aimed at advancing innovation and capacity building across Qatar’s public sector, according to the company’s CEO and co-founder, Nayef al-Ibrahim.The initiative will debut on October 8 at the Sharq Village & Spa, Al-Dasha Ballroom, with the inaugural session titled ‘Imagining a Public Innovation Lab for Qatar’, noted al-Ibrahim, saying the panel discussion will focus on the transformative potential of Public Innovation Labs (PILs).The panel of experts comprises Eman al-Kuwari, director of Digital Innovation at the Ministry of Communications and Information Technology (MCIT); Dr Georgios Dimitropoulos, professor and associate dean for Research at the College of Law, Hamad Bin Khalifa University (HBKU); Hissa al-Tamimi, director of Government Innovation at the Civil Service and Government Development Bureau; and Nejoud M al-Jehani, executive director of Strategy & Programmes at the Qatar Research, Development and Innovation (QRDI) Council.The majlis series will convene leaders, experts, and policymakers from government, academia, and industry to exchange ideas, share best practices, and co-create solutions that support sustainable transformation, al-Ibrahim pointed out.“The launch of Ibtechar Majlis is aligned with the Qatar National Vision 2030. Over the years, our discussions with experts and key stakeholders have underscored the importance of establishing a dedicated platform for meaningful dialogue, knowledge exchange, and collaborative action,” al-Ibrahim told Gulf Times in a statement.He explained: “In Qatari culture, the majlis has long been a space where leaders, decision-makers, and members of the community come together to exchange ideas and make collective decisions. Ibtechar Majlis embodies this same spirit—bringing it into the realm of innovation as a forum to share insights and co-create solutions that deliver tangible and lasting impact.”He further said the inaugural session will highlight PILs, government-led spaces designed to test new ideas, foster community participation, and deliver smarter and more agile public services.“Through this platform, we look forward to engaging distinguished experts and partners to exchange perspectives, address challenges, and collaboratively develop solutions that contribute to Qatar’s ongoing journey of innovation and development.”

Engineer Khaled bin Ahmed al-Obaidli, chairman of Aqarat, announcing yesterday the full details and latest updates for the forum’s third edition, which will be held in conjunction with Cityscape Qatar. PICTURE: Thajudheen
Business
Aqarat signs new sponsorship agreements for ‘Qatar Real Estate Forum’ 3rd edition

The Real Estate Regulatory Authority (Aqarat) signed a new round of sponsorship agreements with leading companies in a press conference yesterday, ahead of the upcoming ‘Qatar Real Estate Forum’, scheduled for October 12-14 at the Doha Exhibition and Convention Centre (DECC).At the same time, Engineer Khaled bin Ahmed al-Obaidli, chairman of Aqarat, also announced the full details and latest updates for the forum’s third edition, which will be held in conjunction with Cityscape Qatar.Al-Obaidli signed the sponsorship agreements with the following prominent companies: Ooredoo, ‘Official Communications Sponsor’; Qatar Finance and Business Academy, ‘Academic Partner’; Bin Al Sheikh Holding, ‘Gold Sponsor’; SK Properties, ‘Platinum Sponsor’; PwC, ‘Silver Sponsor’; Eye of Riyadh Platform, Mjhar Platform, ‘Media Partner’; and Pioneers For Volunteer Activity, ‘Social Partner’.In his remarks at the press conference, al-Obaidli stated that the forum, organised under the theme ‘Aqarat’s Future’, continues to build on the success of the two previous editions, solidifying its position as a strategic platform that brings together decision-makers, experts, and investors.Highlighting the strategic partnership with Saudi Arabia, the forum’s official ‘Guest of Honour’, al-Obaidli noted that the event reflects “the depth of the two nations’ brotherly ties.”Al-Obaidli announced that a memorandum of understanding (MoU) will be signed between Aqarat and Saudi Arabia’s Real Estate General Authority during the forum to enhance cooperation in legislative and technological fields and to coordinate national efforts to develop the real estate sector in the two brotherly countries.According to al-Obaidli, the forum will shed light on the five steps of the investor’s journey, from studying opportunities to successfully owning and managing a property. In this context, he noted that Aqarat will officially launch an integrated e-services platform during the forum. The platform will provide investors with updated real estate data and precise indicators, allowing them to browse licensed projects via interactive maps and complete all procedures electronically.To enhance the integrated investment environment, al-Obaidli announced the allocation of a comprehensive government pavilion at the forum, which will bring together key government entities involved in the investor's journey, including the Ministry of Interior, Ministry of Justice, Ministry of Commerce and Industry, Ministry of Municipality, and Ministry of Labour, in addition to the Civil Service and Government Development Bureau, and the Investment Promotion Agency Qatar.The initiative aims to provide investors with an opportunity for direct engagement with officials to learn about all procedures and their implementation. In a move to recognise pioneering achievements in the sector, al-Obaidli announced the launch of the inaugural ‘Qatar Real Estate Award 2025’, inviting developers, consulting firms, and contractors to participate.Al-Obaidli also renewed his thanks to all partners, sponsors, and media representatives for their attendance and invited everyone to participate in the forum, “which we aspire to be a landmark milestone in the real estate sector's journey, translating our shared vision into a more sustainable and prosperous future.”It is noteworthy that the Qatar Real Estate Forum has become a leading annual platform that gathers an elite group of leaders, decision-makers, experts, investors, and developers in the real estate sector to foster dialogue, exchange expertise, and foresee the future.The forum also seeks to keep pace with the latest global trends in areas such as sustainability, property technology (PropTech), and smart city development, thereby enhancing the competitiveness of the Qatari market and affirming Qatar's position as a leading regional and international destination for real estate investment.Aqarat is inviting all investors, developers, experts, and stakeholders in the state’s real estate sector to visit the forum’s official website, where they can view the schedule of sessions and events, get to know the list of speakers, and obtain all information related to registration and participation via qreforum.aqarat.gov.qa

Aqarat chairman Khaled bin Ahmed al-Obaidli
Business
Aqarat leverages real estate award event to raise industry standards, drive innovation

The Real Estate Regulatory Authority (Aqarat) is positioning the ‘Qatar Real Estate Award 2025’ as a strategic initiative to enhance regulatory impact and promote excellence across the country’s property sector.Aqarat recently announced the launch of the awards event, which will be held alongside the third edition of the ‘Qatar Real Estate Forum’, organised by the authority from October 12-14 at the Doha Exhibition and Convention Centre (DECC).In a statement, Aqarat described the ‘Qatar Real Estate Award 2025’ as “a dedicated platform to celebrate excellence and innovation” in Qatar’s real estate sector. “The award aims to honour pioneering projects and innovative ideas that enhance Qatar’s position as a leading global investment destination, in line with Qatar National Vision 2030,” Aqarat stated further.The award categories include ‘Best Residential Project’, which is evaluated on quality of life elements, building classification, green space ratio, community services and amenities, public utility integration, and resident satisfaction metrics.The ‘Best Sustainable Urban Development Project’ is assessed through architectural plans, construction materials, environmental certification (GSAS or LEED), efficiency reports, smart systems, EIA studies, and readiness for future technologies.The ‘Best Commercial/Office Real Estate Project’ is judged on work environment, digital infrastructure, proximity to business hubs, interior flexibility, and integration with public services.The ‘Best Rest Estate Investment’ award is based on feasibility studies, ROI indicators, occupancy/sales rates, market contribution, job creation, operations and maintenance (O&M) and expansion plans, and connectivity and integration with public utilities and community services.Aqarat is inviting all real estate developers, consulting firms, and contractors to nominate their outstanding projects to Deadline for submission is on October 7, 2025.In his official message on the forum’s website, Aqarat chairman Khaled bin Ahmed al-Obaidli emphasised the broader significance of the forum and its alignment with Qatar’s national development goals.“The third edition also places strong emphasis on the pivotal role of government in shaping the sector. It highlights recent legislation and policies designed to create a safe and stimulating real estate environment, strengthen investor confidence, and establish a robust regulatory framework that ensures sustainable and well-organised growth, aligning with the goals of Qatar’s Third National Development Strategy 2024–2030,” al-Obaidli stated.He noted that this year’s edition will be devoted to the investor journey by reviewing the stages of investment and the best practices “that help investors maximise the promising opportunities offered by Qatar’s real estate market.”“Forum sessions will further examine ways to streamline procedures and enhance the overall investor experience, reinforcing Qatar’s position as a leading real estate investment destination distinguished by transparency, efficiency, and ease of doing business,” he pointed out.Al-Obaidli added: “In light of global transformations, this forum will feature a dedicated section on the latest digital innovations revolutionising the sector, including smart platforms and advanced data analytics.“These technologies play a vital role in enhancing transparency, facilitating investment, and unlocking new horizons for growth in Qatar’s real estate landscape. Moreover, the forum will highlight the most prominent projects that are shaping the future of the sector and defining Qatar’s urban and economic development trajectory.”

UDC President and CEO Yasser Salah al-Jaidah.
Business
UDC reinforces Qatar’s investment appeal ahead of real estate forum

United Development Company (UDC) is sharpening its strategic focus to bolster investor confidence and drive economic diversification in Qatar’s real estate sector, ahead of the third edition of the Qatar Real Estate Forum, scheduled on October 14-16 at the Doha Exhibition and Convention Centre (DECC).“We have refined our mission, vision, and value promise, not as a departure from our strengths, but as a necessary shift to align with the opportunities and challenges ahead. Investor confidence comes from knowing that a company is not only resilient today but also prepared for the future,” UDC President and CEO Yasser Salah al-Jaidah told Gulf Times in an exclusive interview.He said: “At UDC, we are applying our strategic choices to make that confidence tangible while delivering projects with consistency, diversifying our offerings to serve different market segments, and embedding sustainability and innovation into everything we do.”As the forum’s Platinum Sponsor, al-Jaidah emphasised that UDC is leveraging its strategic choices to deliver consistent project execution, diversify its offerings, and embed sustainability and innovation across its portfolio.“The message to investors is clear: UDC is future-ready,” al-Jaidah stressed, adding that the company is “building with long-term value in mind, and in doing so, reinforcing Qatar’s reputation as a stable and attractive real estate market, even in a shifting global economy.”Al-Jaidah emphasised Qatar’s political stability, sustained economic growth, and a clear legal framework that supports foreign ownership as key factors driving investment.“Within this landscape, The Pearl Island and Gewan Island have become more than real estate projects; they are destinations that embody Qatar’s ambition for world-class urban living,” he pointed out.He said, “What sets them apart is the combination of iconic architecture, premium lifestyle amenities, and state-of-the-art infrastructure, all anchored by an unrivalled waterfront setting. Investors are drawn not only to the strength of the assets, such as rental yields and long-term capital appreciation, but also to the quality of life these communities provide.“Ultimately, The Pearl and Gewan are proof of concept that in Qatar, investment in place-making can deliver both financial returns and vibrant, sustainable communities. That is the true appeal of investing with UDC.”Al-Jaidah underscored the importance of stakeholder collaboration in overcoming sector challenges: “Real estate is too complex to be solved in silos. At UDC, we work hand-in-hand with government agencies, financial institutions, contractors, and community representatives to ensure alignment from concept to completion.”He added that trust is built through transparent communication and consistent delivery. “We reinforce this with joint initiatives, regular engagement sessions, and shared performance metrics, so that stakeholders see themselves as partners in success, not just participants in a project,” he stressed.Speaking on market trends, al-Jaidah said Qatar’s luxury real estate segment remains “remarkably resilient,” where rents for premium apartments continue rising, particularly in prime districts like The Pearl and West Bay.Citing published data, al-Jaidah said residential sales are also seeing renewed momentum. “In Q1 2025, transaction volumes rose by 13.2% quarter-over-quarter, with sales values in areas such as The Pearl and Al Qassar jumping by over 50%,” he continued.He further said, “These trends reflect a growing appetite for mixed-use, sustainable, and tech-enabled living. In response, The Pearl Island and Gewan Island are positioned not just to keep pace with these shifts, but to lead them.”Asked about UDC’s strategic priorities for the next five years, and how the Qatar Real Estate Forum help advance those goals, al-Jaidah said: “At UDC, we are committed to creating inspiring destinations that provide lasting value and exceptional experiences. This is achieved through our focus on cost competitiveness, excellence and innovation, ensuring our projects meet and exceed stakeholder expectations.”He added: “The Qatar Real Estate Forum is an ideal platform to advance these goals. It allows us to engage directly with policymakers, investors, and peers, share our outlook for The Pearl Island and Gewan Island, and build partnerships that accelerate progress. For UDC, it’s about turning vision into action by creating destinations that not only inspire but also deliver lasting value for Qatar and beyond."