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Qatar’s entrepreneurial drive to expand globally presents “a unique opportunity” for companies from Pakistan that are specialising in Information Technology (IT), according to Umar Saif, Minister of IT & Telecommunication.Saif made the statement during the ‘Pakistan-Qatar IT Conference’ hosted on Sunday in Doha by the Pakistan Business Council Qatar, in partnership with the Qatar Financial Centre (QFC).“Pakistan is all set to become a digital corridor of connectivity for China and Central Asian states. Pakistan is finally beginning to see the political and economic stability that we've long longed for in the country.“We’ve now arrived here to do business and to be part of the growth story that Qatar presents,” Saif explained, adding that some top 30 companies from Pakistan participated in the IT conference.He said, “We’ll get many Pakistani companies to come here, through the Qatar Financial Centre, to become part of this ecosystem, to expand here and do business, but also use this opportunity to partner with businesses in Qatar and expand globally, just as Qatar has expanded globally with their business ambitions.”Saif said the participating Pakistani companies are focusing on different key areas that are of strategic importance for Qatar, such as fintech, cybersecurity, and Artificial Intelligence (AI).“These are strategic tactical technologies that every country must acquire. Qatar has a lot of in-home capacity and they're looking to enhance that. Qatar is looking to expand on that and looking to specifically partner with Pakistani companies in all three domains,” he noted.Pakistan ambassador Dr Mohamed Aejaz said co-operation in the IT sector will open a new, highly potential dimension for fostering a secure technological ecosystem and enhancing mutual trade and economic ties.QFC CEO Yousuf Mohamed al-Jaida said QFC is dedicated to cultivating an environment that encourages robust knowledge exchange, propels IT development, and embraces the seamless adoption of digital innovations.“With a flourishing economy, a state-of-the-art ICT infrastructure, a favourable business ecosystem, and a robust digital development agenda, Qatar stands out as an ideal destination for IT enterprises and professionals. And in this context, I see a compelling alignment between Qatar and Pakistan,” al-Jaida said in his speech.

Germany’s new ambassador to Qatar, Lothar Freischlader, has emphasised that the embassy here will continue working on several key priorities, such as enhancing trade relations, leveraging logistics, and exploring new avenues for co-operation, especially in climate-related initiatives.Speaking to Gulf Times in an exclusive interview, Freischlader emphasised that Qatar’s geographical significance is a key factor for Germany, citing the importance of global route safety.On strengthening economic ties between Qatar and Germany, the ambassador said: “I believe we’re already on a very good level, but nothing is so good that it can't be improved. So, we are considering steps to push up trade relations in all aspects.”Citing the role of logistics in Qatar-Germany relations, Freischlader emphasised that “this is of utmost importance for the German economy and business.” He said, “We are one of the largest export countries in the world. So for us, logistics and countries like Qatar are centrally located with perfect airports and seaports, among other factors. That is very important for us.”The ambassador also emphasised the embassy’s constant co-operation with the business sector and other different entities, emphasising the traditional and vital role of embassies working closely with local chambers globally.Asked about the potential role of the embassy in forging partnerships between Qatari and German small and medium-sized enterprises (SMEs), Freischlader stressed that the embassy is committed to working towards fostering such partnerships and providing necessary support.On promoting bilateral foreign direct investment (FDI) inflows, Freischlader said that there are plenty of opportunities to invest in Germany and that Qatar is utilising these opportunities.“The decision is up to Qatar and other Qatari institutions. Germany is always in favour of opening businesses and investments in both directions. If any obstacles were to arise, Germany is ready to engage in discussions to find suitable solutions. But to my knowledge, there hasn’t been a single case where Qatar faced difficulties or encountered obstacles in pursuing investments in Germany,” Freischlader explained.The ambassador also emphasised the urgency of addressing climate change, biodiversity loss, and pollution, referring to the severe impacts witnessed globally in the summer of 2023, marked by unprecedented heatwaves, droughts, and floods.“We must strengthen the co-operation where it is necessary to protect livelihood and I can assure you that Germany is serious about keeping the famous 1.5 degrees Celsius in reach and we will do everything in our power to achieve the ambitious outcome of the COP28 conference,” he said.Freischlader also said there is potential for collaboration between Germany and Qatar in aligning with sustainable development goals, emphasising the value of information exchange and dialogue between the two nations.“Germany pays a great value to the concept of sustainability and has its sustainable development strategy, so we want a future in which nature and the climate are protected, few people suffer from hardship, and social cohesion is maintained,” Freischlader pointed out.He added: “Rapid action is required and as the UN Sustainable Development Goals are to be achieved in 2030, we are very close to 2024, so there is not so much time anymore and this will require ambitious transformation, which is why Germany plans to take action in important areas, such as the energy sector, climate protection, the circular economy, housing, food, agriculture, and transport.”

Following a recent visit of a business delegation to Doha, the Canadian-Qatari Business Forum (CQBF) is looking to concretise and propel new investments between Qatar and Canada to foster robust economic ties and a knowledge-based economy, an official has said.The delegation, led by CQBF vice-chairman Joe Armstrong, held productive meetings with government ministries, the Canadian Embassy in Doha, and private sector leaders, such as the Qatari Businessmen Association (QBA) and Qatar Chamber, according to the forum’s executive director, Yasser Dhouib.“The business delegation represented more than 20 Canadian companies that are eyeing the Qatari and GCC markets in sectors, such as cybersecurity, defence, logistics, clean energy, healthcare, medical supplies and equipment, bioinformatics, and the applications of Artificial Intelligence (AI) in health and software development,” Dhouib explained.In a statement to Gulf Times, CQBF chairman Dr Bruce Mabley emphasised that bilateral relations between the two countries stem beyond commercial or economic exchanges.“They are part of a whole in which the full breadth of a state-to-state relationship receives its just rewards. Specifically, political and social relations provide a vital context in which commercial exchanges can take place with confidence and dynamism. To focus solely on commercial exchanges cannot be the main goal of the mission. It can and should be one of the beneficial results of face-to-face meetings,” Mabley pointed out.According to Mabley, there is a significant number of projects in the pipeline, citing the forum’s mission is to realise some of these projects “while new exchanges will provide an élan for the development of new projects for investment in Qatar and in Canada.”“Most certainly, the majority of these projects, both those on the table and those to come will be related to the knowledge-based economy...the CQBF mission should assist in accomplishing these tasks.“Individual meetings, higher visibility in the corridors of power and a healthy respect for the Arab world will all contribute to the success of the mission. The CQBF arrives in Qatar with an appropriate level of commercial leadership and I applaud the hard work of our CQBF organising team,” Mabley further explained.Mabley said there is also a focus on ‘business-education’ initiatives like the International Faculty of the Future project. Similarly, other initiatives include investments in the film industry, as well as the Qatar-Canada Business Internship project, a training programme that Mabley has developed for Qatari diplomats.“The Qatar course is designed to increase the knowledge of Canadians about the Gulf region and the Middle East. The Qatar course is an opportunity for leaders in the country to frame the region on their own terms. Young and educated Canadians desperately need to know more about Qatar and the region,” Mabley noted.He added: “My values are close to those of my Arab brothers and sisters, a belief in family, freedom for all, democracy for all and not just a few, and a strong belief in people-to-people diplomacy. Diplomacy cannot remain stagnant or become a robotic and technical exchange of messages. What happens when the bilateral relationship comes under strain? Commercial links alone, no matter how developed they are, cannot flourish on their own.“It is here that people-to-people links take over and provide the bedrock for mutual understanding, debate, and rational decision-making. The CQBF mission philosophy is just that – to create the conditions whereby the bilateral relationship does not just depend on bureaucrats and embassies.”

This year’s edition of Made in Qatar kicked off to a strong start with HE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani leading the exhibition’s opening ceremony yesterday.Also participating in the inauguration of the event, which will run until December 2 at the Doha Exhibition and Convention Centre (DECC), were HE the Minister of Finance Ali bin Ahmed al-Kuwari, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, and Qatari Businessmen Association (QBA) chairman HE Sheikh Faisal bin Qassim al-Thani.Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari, second vice-chairman Rashid bin Hamad al-Athba, and several board members, including general manager Saleh bin Hamad al-Sharqi and leading businessmen and key industry stakeholders, were also present at the exhibition.The two ministers then toured the pavilions and met with the participating companies to learn more about their respective products. They also witnessed the inauguration of the Gizaz Glass Container Company, which is under the Qatar Industrial Manufacturing Company. The factory specialises in the production of glass containers used in the packaging of water, soft drinks, dairy products, and various foodstuffs.Sheikh Khalifa expressed his sincere appreciation and gratitude to His Highness the Amir Sheikh Tamim bin Hamad al-Thani for his generous patronage of the exhibition, stressing that this demonstrates His Highness the Amir’s interest in the national industry and its role in the state’s inclusive development.He also thanked the Minister of Commerce and Industry for opening the exhibition and lauded the ministry’s co-operation in organising the event and for supporting Qatar’s industrial sector. He also highlighted its role in resolving all obstacles facing the private sector, allowing it to fulfil its desired role in economic development.Sheikh Khalifa stressed that the participation of 450 companies and factories also reflects their keen interest in promoting their products in the local market with the aim to achieve the desired self-sufficiency and reduce dependence on imports.The exhibition boasts of a diverse roster of participating industries in the following sectors: petrochemicals, furniture, foodstuffs, small and medium-sized enterprises (SMEs), and services, among others, Sheikh Khalifa emphasised.Sheikh Khalifa called on businessmen, investors, and company representatives to visit the exhibition, learn about Qatari products, and meet with Qatari manufacturers. He noted that the event also serves as a platform for bilateral meetings between Qatari investors and their foreign counterparts, facilitating deals, and fostering alliances and partnerships in the industrial sector.

The Ministry of Communications and Information Technology (MCIT) recognised three startups for their groundbreaking solutions during the Tasmu Accelerator 2023 Demo Day held in Doha yesterday.Albert Health, Direk, and Fleetroot, which stood out from the accelerator’s healthcare, environment, and logistics tracks, respectively, each received a QR200,000 cash boost from their respective Track Champions to further grow and scale their businesses, all while maintaining 100% equity.The event took place following the inauguration of the Tasmu Accelerator Hub at Ooredoo HQ2, which was officiated by HE the Minister of Communications and Information Technology Mohamed bin Ali al-Mannai.Designed to nurture startups, the dedicated workspace will welcome graduates of the 2023 Cohort. This strategic positioning will provide them with invaluable local market insights, and industry expertise, as well as facilitate their successful entry and growth into the Qatari market.During yesterday’s demo day, the programme’s top eight finalists – Albert Health from the UK, Doktorconnect (Nigeria), Evyd Research (Singapore), DIREK.io (the UK), Aspire (Australia), Darbco (Jordan), Fleetroot (the UAE), and LogesTechs (Palestine) presented their solutions to a distinguished audience from Qatar’s thriving innovation ecosystem, including public and private sector industry executives, esteemed investors, and accomplished mentors.With the aim of enhancing deal flows, the event also featured panel discussions focused on the impact of public and private partnerships and how they can nurture Qatar’s start-up ecosystem.The accelerator has made significant strides in cultivating innovation and enabling digital transformation in the country. Open to both local and international start-ups, the initiative plans to introduce annual cohorts, with the overarching vision of propelling Qatar into a world-class smart city. This transformation aims to elevate living standards, enhance global competitiveness, and introduce cutting-edge digital solutions.The Tasmu Accelerator is set to drive Qatar’s digital economy forward and help position the country as a leader in the global tech industry by providing an all-inclusive, supportive ecosystem for global and local tech startups, said Reem al-Mansoori, Assistant Undersecretary of Digital Industry Affairs at MCIT.Al-Mansoori said: “At MCIT, we are looking for more than technological and innovative solutions. Our aim is to find solutions that can seamlessly integrate into our daily lives and meet the varied needs of our community. For us, technology serves as tool to ensure that Qatar is the number one place to live, work, and call home.“Technological solutions are there to help us feel comfortable, supported, and efficient. We are confident these eight start-ups can implement new solutions that will further enhance the overall human-centric approach we want technology to provide to us all living in Qatar.”Speaking on the sidelines of Demo Day, Eman al-Kuwari, Director of Digital Innovation Department at MCIT, told reporters that the programme has attracted over 540 applicants from 78 countries for its inaugural cohort. Of these, 25 startups were selected to participate in a dedicated six-month acceleration phase, she said.To qualify, participants were required to address challenges within three key priority sectors, each sponsored and supported by a Track Champion: Ooredoo (environment), Microsoft (healthcare), and Ericsson (logistics).The Tasmu Accelerator programme has achieved remarkable milestones this year, thanks to the market access and funding support of 85 partners and venture capitalists. Additionally, over 70 workshops have been delivered, equipping startups with the essential skills and resources to develop their projects.Since its establishment, the 2023 cohort startups have been successful in raising $36mn worth of funding and generating sales exceeding $100mn, resulting in a combined portfolio valuation of $500mn.As part of its mission to build capacity and foster networking, the accelerator has also facilitated over 150 sales meetings between startups and key local entities. In addition, over 150 interns from Qatar’s leading universities have been strategically matched with startups, allowing them to gain practical experience in a real business environment while offering startups access to a pool of emerging talent.The Tasmu Accelerator, which announced the opening of the early registration phase for the 2024 cohort, is set to continue its mission through 2030, in line with the country’s national vision.The programme aims to bolster the economy, enhance private sector competitiveness, and broaden Qatar’s revenue streams by introducing 80 innovative solutions to the local market and generating 800 job opportunities.

Post 2022 FIFA World Cup, which catapulted Qatar into the global stage, the country is “on track” in its transformation into a hub for a wide range of tourism activities, a panel discussion revealed during the ‘Qatar Investment Conference 2023: Qatar National Vision & Beyond’, organised on Thursday by The Business Year (TBY).Moderated by TBY senior country editor Silvia Lambiase, the panel discussion ‘Qatar’s Remarkable Journey: A Vision for Tourism and Infrastructure Development’ featured industry experts Rahul Potdar, director, Portfolio Management Development, Qatari Diar; Khaled al-Suwaidi, director of projects, Katara Hospitality; and Khalid al-Jassim, senior business development officer, Qetaifan Projects.According to al-Jassim, in the pipeline are many events that aim to propel Qatar towards its goal of becoming a tourist destination by 2030. Under the Qatar National Vision 2030, tourism is expected to have around “12%” of Qatar’s GDP, he noted.Between now and the 2030 Asian Games, al-Jassim said many events on the anvil are also expected to utilise the different multi-billion infrastructure that was built for the FIFA World Cup.Aside from sports events, al-Jassim stressed that Qatar is, likewise, excelling in education and entertainment, which will also play a role in generating tourism-related activities across the country.“Qatar has seven of the best universities in the world and many people come to accomplish their educational and career goals and earn their degrees. On the entertainment side, we have the Qetaifan Project,” al-Jassim said, citing the Qetaifan Island North as among the company’s top assets.On a similar note, al-Suwaidi agreed that family tourism is among the key drivers of the sector in the country. He said Katara Hospitality is in line with Qatar’s goal to position itself as a safe family destination.“The government is capitalising on this strength or strong point in our brand and our location on the map. So, being known as one of the safest countries in the world and very family friendly is a big plus; it's actually in line with that brand,” al-Suwaidi said, adding that Katara Hospitality’s assets worldwide are also known for its family-friendly services.Potdar also reiterated that family tourism is a “big key differentiator” for Qatar, which was proven during the country’s successful hosting of the World Cup.“We made it into a very family-oriented, resoundingly successful World Cup to that extent...I think family tourism stands out clearly as being that edge. And I think that's the focus going forward.“And I think everything that we are working on today is oriented towards making sure that we take on the success of the World Cup that we've demonstrated worldwide to take it on and prove that if you want a family holiday or if you want to enjoy with your family, Qatar is the place,” Potdar pointed out.

Qatar’s global appeal is soaring to greater heights as the country is highly sought out as “a destination of choice” for events and expansion plans of various international organisations, Qatar Tourism’s top official has said.“Today, Qatar is one of the Middle East’s largest and fastest growing economies and one of the world’s rising tourism destinations,” said Qatar Tourism chairman Saad bin Ali al-Kharji in his keynote speech at the Qatar Investment Conference 2023 organised by The Business Year under the theme ‘Qatar National Vision & Beyond’.Al-Kharji emphasised that Qatar’s tourism landscape underwent a profound change over the past few decades.“Although Qatar has witnessed an incredible transformation in tourism, it has done so while holding onto its roots, heritage, and culture. What arises then is a one-of-a-kind destination where visitors can experience authentic Middle Eastern history and hospitality while taking modern architectural models and contemporary experience in wellness, retail, dining, and more,” he pointed out.Al-Kharji emphasised that the 2022 FIFA World Cup “strongly demonstrated” Qatar’s ability to host multi-billion dollar large-scale events amplified by public and private sector collaboration and coordination.He also said Qatar Tourism is strengthening global partnerships, leading significant delegations at important regional and international travel events, and investing in frontline tourism professionals through its service excellence academy and other programmes.“Qatar tourism also invests in creating new travel routes through the launch of charter flights in hand-to-hand trade markets and has overseen the creation and growth of cruise tourism,” he said.Al-Kharji added: “New hotels and attractions continue to open in Qatar, and we have been able to invite and host a diverse range of events, from sporting championships to conferences in medicine, agriculture, technology, and more.”The ‘Qatar Investment Conference 2023: Qatar National Vision & Beyond’ also witnessed a panel discussion titled ‘Qatar's Remarkable Journey: A Vision for Tourism and Infrastructure Development’ featuring industry experts Rahul Potdar, director, Portfolio Management Development, Qatari Diar; Khaled al-Suwaidi, director of projects, Katara Hospitality; and Khalid al-Jassim, senior business development officer, Qetaifan Projects,It was followed by the discussion of ‘Qatar Financial Sector Reshaping Technological Trends in the GCC’ by Ahmed al-Munayes, managing director - Qatar, Tap Payments; David Cook, CEO, Sharq Insurance; and Sami Zaitoon, managing partner, Moore Qatar.Another panel comprising Khalid Mohamed al-Kubaisi, CEO, malomatia; Francisco Marmolejo, president of higher education, Qatar Foundation; and Santiago Bañales, managing director, Iberdrola Innovation Middle East, tackled the topic ‘Innovation for Sustainable Progress: Creating Qatar's Next Business Landscape’.Speeches were also delivered by Sheikh Mansoor bin Khalifa al-Thani, chairman, MBK Holding, and Sheikh Ahmed bin Khalid al-Thani, assistant governor, Financial Instruments and Payment Systems, Qatar Central Bank.

Qatar Development Bank (QDB) kicked off Monday the ninth edition of the Entrepreneurship Conference 2023 (Rowad), which will run until November 22 at the Qatar National Convention Centre (QNCC).Speaking at the opening ceremony, QDB CEO Abdulrahman Hesham al-Sowaidi emphasised that Rowad is also hosting the ‘3rd GCC Entrepreneurship Forum’, which is gathering ministerial representatives from the GCC, startups, small and medium-sized enterprises (SMEs), and several industry experts from the region.“This event has become a very interesting conference where we aspire to new horizons of joint and common work and cooperation to manifest the visions and directives of their majesties and the highnesses of the GCC,” al-Sowaidi emphasised in the presence of HE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani.Also, al-Sowaidi noted that the third edition of the ‘GCC Entrepreneurship Forum’ aims to encourage creativity and innovation to address common challenges and to leverage the region’s rich resources for economic development.He stressed that Rowad aims to enrich entrepreneurship through the different panel discussions, workshops, and exhibitions by participating startups, as well as to open new markets for entrepreneurs and their companies.In his speech, Khalid Ali Salim al-Sunaidi, the assistant secretary-general for Economic and Development Affairs at the General Secretariat of the GCC, underscored the value of encouraging SMEs considering their vital role and contribution in the economies of the GCC countries.He pointed out that SMEs are a source of innovation, hence their significance in reinforcing competitiveness in GCC economies and the international community, as well as in the creation of employment opportunities.Al-Sunaidi also underlined the value of the conference, which he described as an opportunity for SMEs to explore new ideas, discover investment opportunities, and exchange ideas among entrepreneurs and key decision-makers in the GCC.“We hope that this is going to flourish and lead to decisions to be undertaken as a source of economic stability and development in GCC countries and also to reinforce their positions as a financial centre and as a global economic hub,” he said.

South Korea’s technological advancements in food production will play a significant role in helping boost the self-sufficiency efforts of Qatar and other countries in the Middle East, an official of the East Asian country has said.The Middle East, including Qatar and Saudi Arabia, has recently shown “a growing interest” in South Korea’s Information Technology (IT) and smart agriculture “as a way to increase its food self-sufficiency,” according to South Korea's Vice-Minister of the Ministry of Agriculture, Food and Rural Affairs, Han Hoon.“And accordingly, South Korean companies are expanding their presence in the Middle East,” Han told Gulf Times, adding that the export volume of South Korean agri-food products to Qatar was estimated at around $7.21mn in 2022.He said, “processed food products, such as instant noodles, corn oil, and biscuits account for 93% of the key export items, and fresh food products, such as kimchi and ginseng, are also being exported.”Han underscored the importance of smart farming in increasing self-sufficiency in the field of agriculture. He explained that smart farming, which can automatically control the environment so that crops can grow well with the support of the Internet of Things (IoT) and big data, will ensure sustainable food production even in harsh environments, such as the desert climate.“Korean smart farming companies have not yet exported their products to Qatar, but if South Korea and Qatar continue to enhance bilateral co-operation in smart farming, mutual exchanges between the two countries in the agricultural industry will also be further facilitated in the near future,” Han pointed out.The vice-minister also emphasised that Qatar and South Korea have undertaken several initiatives or programmes to strengthen agricultural ties and promote food security between the two nations.In January 2019, Han said South Korea and Qatar signed a memorandum of understanding (MoU) on smart farming co-operation. Through this MoU, the two countries shared mutual recognition of the importance of smart farming cooperation, he also said.On the back of this MoU, the two countries pledged to strengthen cooperation regarding research and development (R&D) and transfer of environmentally-friendlier smart farming technologies, as well as the support for investment in smart farming companies, Han further explained, adding that Qatar and South Korea have been discussing the revision of the MoU since February in 2023 to make bilateral working-level cooperation more concrete.He said the revised version will include specified descriptions of the areas of smart farming co-operation, as well as the establishment of a Korea-Qatar Joint Committee. Both countries have currently reached an agreement on the revised version and will complete the revision during an upcoming bilateral high-level meeting, Han revealed.After the revision of the MoU is completed, both sides will establish the joint committee in the field of smart farming to allow the exploration of concrete measures to enhance bilateral co-operation, such as the promotion of collaborative research on smart agriculture technologies, Han said.He said: “If bilateral co-operation in smart farming is further strengthened, then it will make a significant contribution to the implementation of the National Food Security Strategy established by Qatar.”The Republic of Korea aims to rank in the top 15 of the Global Food Security Index (GFSI) through diverse measures like extending the period for strategic food reserves and setting the target rate of food self-sufficiency, among others. In the GFSI, South Korea ranked 24th out of 113 countries in 2021, Han stressed.“Also, if the working-level delegation from Qatar visits South Korea this year, it will provide a good opportunity for them to see our smart farming technology and allow for both sides to make bilateral co-operation more concrete,” Han added.

Sharing best practices coupled with optimum utilisation of digital technology in addressing climate change are key factors that would add value to any business, a top executive of a leading international retailer has said.According to Dr Mohamed Althaf, director of LuLu Group International, many businesses globally are starting to realise the “power of collaboration,” especially now that many companies are implementing sustainable practices and other initiatives that focus on environmental protection.“Before, everybody used to excel in their business using their proprietary software or best practices. But the world is changing. Many companies are now realising the power of collaboration and the power of networking.“Your value increases when you collaborate. And then we think that our value as a business will only increase if practices are shared by others and not when we keep it to ourselves,” Dr Althaf explained.Only recently, Dr Althaf spoke about the circular economy during the ICC UK’s International Trade and Prosperity Week, which carried the theme ‘Delivering Sustainable Global Value Chains.”He also further explained that LuLu is not only sharing its best practices with others, but the group is also learning from its partners and other businesses, especially since many companies are going digital, particularly with their climate agendas.“Because of digitalisation, best practices that people are using in other industries can be easily borrowed. What we are trying to do now is to work on an informal basis with a lot of regulators and retailers to prioritise our agenda on climate action,” Dr Althaf noted.He stressed: “We need to believe in shared resources and shared practices. This is the only way, which is why we want to come up with an industry partnership at some stage; there is no point in competing.”Dr Althaf also emphasised that LuLu’s global partnerships with the World Economic Forum (WEF), the Ellen MacArthur Foundation, and the International Chamber of Commerce (ICC) are among the factors that keep the group’s focus on its climate agenda.“We are the only members of the Ellen MacArthur Foundation from Qatar. LuLu’s membership in these three organisations is among the key aspects of the group’s sustainability strategy,” he stressed.

Robust Indonesia-Qatar bilateral economic ties are expected to play a role in pushing the trade volume of both countries across the $1bn mark by the end of the year, Indonesian ambassador Ridwan Hassan has said.According to data provided to Gulf Times by the Indonesian embassy in Qatar, both countries’ trade volume from January to June 2023 has reached $975.3mn. The southeast Asian country’s exports to Qatar in the first half of 2023 stood at $368.7mn, while its imports were pegged at $606.7mn.Statistics from the embassy also showed that trade between both nations stood at $1.3bn in 2022 comprising $296.8mn worth of Indonesian exports to Qatar and imports amounting to $974mn for a trade balance of $677.2mn in favour of Qatar.The embassy recorded an upward trajectory in Indonesia-Qatar trade volume from $895mn in 2020 to $975.3mn (January to June 2023), except for a slight dip in 2021 ($893mn).From January to June this year, Indonesia’s exports to Qatar comprised ‘articles of iron or steel’, ‘paper and paper pulp’; ‘electrical machinery and equipment and parts’; ‘vehicles and parts and accessories’; ‘footwear, gaiters’; ‘soap, organic surface-active agents’; ‘furniture, bedding, mattresses’; ‘wadding, special yarns, ropes and cables’; ‘ceramic products’; ‘wood, plywood, wood charcoal’: ‘apparel and clothing accessories, knitted or crocheted’; and ‘essential oils and resinoids, perfumery, cosmetic or toilet preparations’.During the same period, Qatar’s exports to Indonesia included ‘gas, oil and products of their distillation’; ‘aluminium and articles’; ‘plastics and articles’; and ‘organic chemicals’, data from the Indonesian embassy stated.“Qatar-Indonesia trade is certainly growing; it is not as big as other countries but our bilateral economic relations have been growing stronger year-on-year. Qatar is a very open market and there are many players here from other countries supplying a lot of products.“But despite that, Indonesia can offer something different to equip the local industry here. While it is a competitive market, Indonesia can still compete with the major players by offering the market with unique but essential products,” Hassan told Gulf Times.Speaking about the embassy’s participation in the recently held Hospitality Qatar 2023, Hassan said the event witnessed the participation of a significant number of private-sector companies from Indonesia.“We have a substantial number of Indonesian companies that participated in Hospitality Qatar 2023, reflecting Indonesia and Qatar's strong cooperation ties. Our close relations with this country will also play a role in helping us meet our expectations to surpass last year’s total trade volume,” Hassan added.

A delegation from the Canadian-Qatari Business Forum (CQBF) will be arriving in Qatar next week as part of initiatives to enhance Canada-Qatar economic relations and to forge stronger investment ties with the country’s public and private sectors.In a statement to Gulf Times, CQBF executive director and board member Yasser M Dhouib said the delegation will be in the country from November 12 to 15 for the forum’s annual banquet and to attend meetings with major public-private sector players and stakeholders.“For our visit to Doha, we have laid out a specific work programme to secure co-operation opportunities in Qatar’s major economic sectors and to establish a future strategic partnership between CQBF and the country’s key ministries,” Dhouib explained.Similarly, Dhouib said CQBF is expected to sign memoranda of understanding and other partnership agreements with prominent organisations and private sector leaders in Qatar.“We have some big projects in the pipeline from major Canadian companies that have expressed interest in investing in Qatar, each specialising in different fields, such as bioinformatics, Artificial Intelligence (AI) and software development, education, cybersecurity, defence, and the role of AI in the health sector,” Dhouib pointed out.Plans are also in the pipeline for the establishment of an investment fund for Canadian businesses specialising in areas like high technology, clean energy, gas, and real estate, he also said.Dhouib said the delegation will include CQBF chairman Bruce Mabley, who was appointed recently. Mabley is a former Canadian diplomat having served in the Middle East. He is also the director of the Mackenzie-Papineau think-tank in Montreal, Canada, Dhouib noted.Earlier, Dhouib told Gulf Times that the forum is seeking to play a key role in increasing the volume of Qatar’s investments in Canada’s wide range of sectors, adding that in the next two years, CQBF will be establishing strategic economic alliances between Canada and Qatar in the trade, business, and economic fields.He said the medical sector and pharmaceutical industry, as well as infrastructure, entertainment cities, and the insurance and banking sectors, are also potential investment areas that both Canada and Qatar could explore further in the future.Dhouib added: “CQBF sees itself as a facilitator in broadening prospects of co-operation and placing the interest of the Canadian business community closer to the different achievements of Qatar in many fields. Both two countries have important assets and thriving ideas and projects that certainly can provide expertise and knowledge to their region.“Qatar and Canada both share the intimate conviction and belief in empowering women in business. The two countries’ business communities will certainly have many things to share from their different backgrounds and experiences. CQBF is ready to get these prospects fulfilled.”

Indonesia is working to foster robust collaboration with Qatar in the hospitality and tourism sectors, the southeast Asian country’s top diplomat here told Gulf Times on the sidelines of Hospitality Qatar 2023, which will run until November 8 at the Doha Exhibition and Convention Centre (DECC).Indonesian ambassador Ridwan Hassan underscored that both countries’ cooperation in these sectors will have a significant focus on the multi-trillion global halal industry, Qatari investments in Indonesia and the growing trade volume between Indonesia and Qatar.“The partnership between Qatar and Indonesia in the hospitality and tourism sectors has been growing steadily. Indonesia has much to offer as a tourism destination,” Hassan pointed out, adding that the country’s presence at the three-day event underscores Indonesia’s dedication to fostering strong partnerships in the hospitality industry.The tourism-related information that would be promoted by the embassy during the event will include Indonesia’s bid to develop the so-called ‘10 Bali Destinations’, which are spread across different islands and regions. This initiative aims at showcasing the nation's cultural and natural diversity. These destinations are poised to become significant draws for tourists, the ambassador explained.On the halal industry and investment opportunities for Qatar, Hassan emphasised that Indonesia is keen to position itself as an international hub for the halal economy, “given its status as the most populous Muslim nation.”Hassan underscored the potential for halal tourism, as Indonesia’s growing halal economy sector contributes significantly to its total economy.“Indonesia welcomes investments in the tourism sector and we are inviting Qatar to consider these opportunities. Qatar Investment Authority (QIA) has been actively exploring investment opportunities in Indonesia, including plans to develop resorts,” Hassan pointed out.The ambassador also said Indonesia and Qatar have witnessed a surge in their trade volume, which, according to him, “is a reflection of the robust economic ties between the two nations.”“Qatar Airways’ increased flights to Indonesia, including six combined daily flights to Jakarta and Bali, have played a pivotal role in expanding trade and economic co-operation,” Hassan stressed.

More than 170 female entrepreneurs are participating in the ninth edition of the ‘Arabian Woman Exhibition’, which will run at the Doha Exhibition and Convention Centre (DECC) until November 8.The event, which is being held under the sponsorship of the Qatari Businesswomen Forum, was inaugurated by Qatar Chamber board member Ibtihaj al-Ahmadani, who toured the 220 local, regional, and international stands showcasing the latest creations for the winter and fall season 2023.During the event, al-Ahmadani, who was joined by Tamader al-Marri, director of Vogue Event Company, as well as several Qatari businesswomen and entrepreneurs, was briefed on the latest designs and products presented by Qatari and foreign designers in the fields of fashion, accessories, and women’s supplies.Speaking at the exhibition, al-Ahmadani, who is also the chairperson of the Qatari Businesswomen Forum, emphasised the forum’s support for Qatari businesswomen and its aim to empower them and to promote their businesses, as well as bolster their contributions to the economic and commercial activities in the state.Al-Ahmadani lauded the event’s growth in terms of the number of exhibitors, the exhibition space, and the evident development in innovation and design showcased in the products displayed in the event, whether in terms of fashion or accessories and various supplies that are of interest to Qatari women.Meanwhile, al-Marri said the exhibition offers a good opportunity for visitors to learn about the most prominent designs created by Qatari designers, noting that the exhibition had achieved significant success in its previous editions.She also emphasised that the ninth edition of the event is significantly unique regarding the exhibition area, which covers 10,000sq m, and the number of participating exhibitors.Al-Marri said the exhibition would continue to support ambitious designers and entrepreneurs and enhance their roles in the national economy. She stressed that it is considered one of the most significant fairs held in the state, consistently drawing more 12,000 visitors in each edition. The event is an important platform for displaying designs and exchanging expertise, al-Marri noted.She said the latest edition of the exhibition is expected to be noteworthy because of the participation of many prominent names in the field of high-end fashion and abayas, noting that it will also be comprehensive as it displays all the needs of Qatari women in terms of abayas and women’s accessories. Al-Marri added that the exhibition, which will be open from 10am to 10pm daily, is expected to witness a great turnout this year due to the variety of products it offers.

A panel of experts has dissected Qatar’s evolving startup ecosystem to help shed light on the challenges and solutions needed to propel the country’s entrepreneurship culture during Startup Grind Qatar’s recent event titled ‘How can the ecosystem create value to enable startups to scale in Qatar?’The panel discussion, which was moderated by Firas Sleiman, founder/CEO and chief AI officer at TEN.Ai., highlighted the insights of Hamad Mubarak al-Hajri, founder and CEO of Snoonu; Dr Allan Villegas-Mateos, senior research fellow of Entrepreneurship and Innovation at HEC Paris, Qatar; Nayef al-Ibrahim, founding partner and CEO of Ibtechar; Georges Fouad Salem, senior manager - Business Incubation & Acceleration, Qatar Development Bank (QDB); and Mohamed Shahin, TASMU Accelerator manager.Al-Hajri lauded the efforts of the Qatari government for providing the country’s business environment with a “very good” legal framework, as well as entities that are supportive of startups like the Qatar Science and Technology Park (QSTP), among others. He said QSTP and similar entities have helped make Qatar an attractive destination for global entrepreneurs looking to start their businesses.On the other hand, he also raised other challenges, such as registration processes that are time-consuming compared to other countries in the region. Despite this, al-Hajri suggested that improving automation could significantly streamline the process, saying that “speed is a critical issue.” By addressing this concern, he believes that Qatar can further enhance its appeal as a global business hub.Similarly, Villegas-Mateos shared other challenges for setting up a business in Qatar, especially for non-Arabic speakers. He said the numerous visits to the ministries and the possible need to translate documents are, likewise, time-consuming. He also emphasised that the country would benefit from efforts to market Qatar globally and to promote the added value for businesses looking to expand into the region.Shahin underscored that Qatar is fostering a vibrant startup ecosystem. Citing the government’s TASMU Accelerator Programme, he said this initiative is bringing global innovations to Qatar to establish their businesses, expand to the market, and create job opportunities.He said attracting global startups to Qatar would enhance the quality and competitiveness of the private sector and encourage more spin-offs and entrepreneurs. Shahin also noted that TASMU is collaborating with different parties in the country, especially the Ministry of Commerce and Industry (MoCI) to facilitate and support startups in Qatar.Shahin stressed that Qatar’s public and private sectors are essential to support the country’s startup ecosystem, specifying the roles of the public sector in setting the legislation, framework, and policy, and the private sector in increasing the adoption rate and bridging the trust gap.Meanwhile, Salem emphasised that there is optimism in the evolving legal framework in Qatar, which is significantly favouring the development of startups and creating a more conducive environment for their growth. According to Salem, Qatar ranks as one of the top jurisdictions at the GCC level, placing it either “second or third,” which underscores Qatar’s commitment to fostering a robust startup ecosystem.Al-Ibrahim, for his part, shared insights on how the private sector can fuel innovation in the ecosystem. He believes that three main components are crucial for this process: the right scripts, the right tools, and the right forces. By having these components in place, he is confident that innovation within the ecosystem can be fuelled effectively.Citing the achievements of Snoonu in Qatar, al-Ibrahim also highlighted the importance of success stories in sending signals of hope for the ecosystem and driving it forward. He added that the private sector plays a pivotal role in creating these success stories, which could play a significant role in shaping the future of innovation in Qatar.

Expo 2023 Doha will provide the Republic of Korea with a suitable platform to showcase distinctive advancements the country has achieved in the field of agricultural technology and smart farming, according to Han Hoon, the vice-minister of the ministry of agriculture, food and rural affairs (MAFRA).Citing the six-month International Horticultural Exhibition (Expo 2023 Doha) event, which is ongoing at Al Bidda Park, Han shared examples of successful projects or agreements that have played a key role in elevating Qatar-South Korea ties through agricultural and food-related collaboration in an exclusive interview with Gulf Times.“The ministry is participating in the Expo 2023 Doha to strengthen a co-operative partnership with Qatar. The ministry is showcasing a 1,322sq m outdoor garden and a pavilion to exhibit South Korea’s smart farming technologies.“The main theme of the exposition is sustainable agriculture for the future and the environment to mitigate and reduce desertification. Therefore, the event will provide a great opportunity for the ministry to demonstrate South Korea’s unique agricultural technology of the future. I truly hope that Expo 2023 Doha will be held with great success,” Han pointed out.During his recent state visit to Qatar, South Korean President Yoon Suk-yeol inaugurated the Korean pavilion at Horticultural Expo 2023 Doha in the presence of HE the Minister of Municipality Dr Abdullah bin Abdulaziz bin Turki al-Subaie, who is also chairman of the national committee for hosting the expo, as well as other Qatari ministers and senior officials.After inaugurating the pavilion, Yoon was briefed on the most important cutting-edge agricultural technologies, along with the associated technological equipment, according to a report by Qatar News Agency (QNA).Speaking to QNA, Yoon stressed “his visit to Doha...is an opportunity to commend Qatar for its successful hosting of another important international event following last year’s FIFA World Cup,” adding he is confident Qatar will take on even greater roles in both regional and international arenas.According to Han, MAFRA is implementing new policies to turn agriculture into an industry for future growth – a key project of the current administration.Such new policies include training young farmers, promotion of smart farming, expansion of export in ‘K-food’ and the upstream and downstream industries, and the development of new industries, such as food-tech, among others.“Food-tech, a merger of food and technology, refers to a new industry of applying cutting-edge technologies like artificial intelligence (AI), Internet of Things (IoT), and biotechnology, among others, to the entire value chain covering all the business processes, including production, manufacturing, distribution, and delivery, with regard to agro-fishery products. Instances of food tech include a cooking robot, a food-serving robot, a food delivery robot, and artificial meat,” Han explained.Han started his public service career in 1992 at South Korea’s ministry of strategy and finance, which is in charge of the nation’s macroeconomic and fiscal policies. He was responsible for budgeting and economic policy and also has experience in allocating budgets for innovation in the agricultural sector, such as the ‘Project for Establishing the Smart Farm Innovation Valley.’“Since I took office as commissioner of Statistics Korea in May 2022, I have been in charge of the nation’s statistical policy. I was also in charge of promoting innovation in national statistics to produce statistics and data necessary for science-based decision-making. In July this year, I was appointed vice-minister of the ministry of agriculture, food and rural affairs.“With a long tradition and history, the ministry of agriculture, food and rural affairs is responsible for stable food supply and food security for the public. The ministry is also playing a pivotal role in promoting a balanced development of land across the nation through systematic development and preservation of rural areas,” Han added.

A diverse range of Spanish food and non-food products are emerging in the Qatari market, thanks to the close partnerships forged with retail giant LuLu Hypermarket, Spanish ambassador Javier Carbajosa Sanchez told Gulf Times.Sanchez made the statement on the sidelines of the launching of the ‘Festival of Spain’ promotion, which will run until November 1, across all LuLu Hypermarket branches in Qatar.The ambassador described Qatar-Spain relations as “great”, adding that this is what he emphasised to the more than 10 Spanish food suppliers and other Spanish residents who attended the event.According to Sanchez, the Qatari market is “competitive” and “educated”, traits that “can make a difference” in the further growth of the presence of Spanish products in the country’s retail sector.“At the same time, we need to make an effort to come over here, to make a dent, to produce a number of brands. It’s not only Qatar, it’s the whole region. And I think it’s important to make a policy of presence, visits, and promotion of Spanish products,” the ambassador explained.Sanchez said: “LuLu has been a regular sponsor of a number of activities that we have been doing along with the Spanish Chamber of Commerce here in Qatar, so I really hope that this partnership will not only be solid, but it will be the basis for so many things that we will be able to do in the future.“LuLu is a very solid establishment here in Qatar. And I’m very happy that on this particular occasion, Spain and LuLu are forces that could make the world a little bit smaller in terms of gastronomy and taste.” Sanchez also noted that the embassy has been witnessing a rise in the number and popularity of Spanish restaurants in Qatar.“If you think in terms of gastronomy and taste, some of the habits in the Arab world and those in Spain are not so much away from each other, so we share a lot in common. Islam has been in Spain and present for eight centuries, so there are a number of things that we share...This festival is going to bring Qatar and Spain closer together, thanks to the partnership that we have forged with LuLu. And this will be the first of many, I hope,” Sanchez also explained.One of the main highlights of the ‘Festival of Spain’ promotion includes offers on a wide range of Spanish-branded products. The promotion showcased a diverse selection of products from renowned Spanish brands, including exclusive items that were specially imported by LuLu Hypermarket, such as fresh food, cheeses, bread, and an array of fruits and vegetables.

The Qatar-Korea Business Forum held Wednesday in Doha showcased multiple ways in which both countries could cooperate to strengthen bilateral commercial, investment, and industrial relations.The highlight of the event was the forum’s inauguration led by South Korean President Yoon Suk Yeol and HE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Thani. Both officials spoke about investment opportunities available in both countries and ways to enhance bilateral economic co-operation.According to HE Sheikh Mohamed, Qatar and Korea enjoy close ties that were fortified by numerous official visits and both countries’ shared vision to diversify and broaden strategic partnerships and build a sustainable and prosperous future. This relationship was further enhanced by the signing of several bilateral agreements and MoUs, covering various sectors, he said.The minister noted that the forum represents an important opportunity to build on the positive results achieved in the previous edition, which was held in Seoul last June on the sidelines of the 6th Session of the Qatari-Korean Joint Higher Strategic Committee, whose outcomes contributed to enhancing bilateral cooperation between the two nations.Sheikh Mohamed said Qatar-Korea trade volume “reflects the strength of economic ties and its prospects,” lauding South Korea as Qatar’s third largest trading partner.The minister said Qatar succeeded in diversifying its economy by supporting non-carbon sectors and encouraging investments in the industrial sector. He said the 2022 FIFA World Cup cemented the nation’s position as a leading commercial and investment centre in the region, even as he called on Korean businessmen to benefit from Qatar’s economic and investment environment, which are favourable to foreign investors.Sheikh Mohamed said Qatar boasts of incentives that aim to encourage businessmen and companies to invest in Qatar, including legislation that allows 100% foreign ownership in various sectors, including real estate.Qatar also has advanced services and benefits to investors and companies provided by its free zones, in addition to a strategic location, modern infrastructure, and logistical capabilities, allowing the business sectors in both countries to establish new partnerships in certain vital sectors, such as light manufacturing, metallurgy, pharmaceuticals, agro manufacturing, and technology to meet the needs of the Qatari market and tap into new markets in the region and around the world.