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Saturday, December 27, 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.
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."

Malaysian Prime Minister Anwar Ibrahim is meeting different local and international companies that participated in the recently held Malaysia International Halal Showcase 2025 in Kuala Lumpur.
Business
Qatar among Malaysia’s key partners for Middle East halal trade expansion

The participation of Qatar and several of its Gulf Co-operation Council (GCC) neighbours in the recently-concluded Malaysia International Halal Showcase (MIHAS) 2025 in Kuala Lumpur can be positioned as part of the Southeast Asian nation’s broader GCC engagement strategy, a senior official of the Malaysia External Trade Development Corporation (MATRADE) has said.Frame Malaysia’s halal diplomacy as a strategic move to deepen ties with Middle Eastern economies, using MIHAS 2025 as a launchpad. Highlight how Malaysia is not only exporting products but also exporting its halal governance model, offering technical expertise, certification frameworks, and collaborative platforms. Qatar’s participation can be positioned as part of a broader GCC engagement strategy.“The Middle East is undeniably a key priority for us, especially given the current geopolitical landscape and ongoing trade tensions. To address these challenges, we recognise the urgent need to diversify our export markets.“While we continue to engage with traditional partners in developed regions like Europe, we are also directing our focus towards emerging and rapidly growing markets, including the US. Notably, we have seen significant participation from various Middle Eastern nations,” MATRADE deputy CEO Abu Bakar Yusof told a press conference held on the sidelines of MIHAS 2025, which was formally opened by Malaysian Prime Minister Anwar Ibrahim.Aside from Qatar, other participating GCC countries include the UAE, Kuwait, and Saudi Arabia, noted Yusof, underscoring Malaysia’s keenness to deepen economic ties with Gulf nations through halal industry engagement.In January this year, Yusof stated that Malaysia has “successfully finalised” its Comprehensive Economic Partnership Agreement (CEPA) with the UAE, which he described as “an important mechanism for balancing our trade.”“Our collaboration is reciprocal, fostering two-way economic and trade relations between our countries. Additionally, we have been actively engaging with Kuwait, Qatar, and Saudi Arabia,” he pointed out.He added: “As we move forward, we are strengthening our partnerships with these nations. In May of this year, under our Prime Minister’s leadership, Asean initiated an economic framework with the GCC countries.“Next steps include conducting a feasibility study aimed at further liberalising trade between Asean and the GCC. This initiative represents a promising avenue to enhance economic exchanges between our regions.”Dr Sirajuddin Sujaimee, director general of JAKIM (Department of Islamic Development Malaysia), emphasised that Malaysia’s halal standards “are largely recognised as global benchmarks and are being adopted by many countries, including those in the GCC.”“Most of the international standards are derived from Malaysian standards. Thus, to date, almost all of our global standards are primarily based on Malaysian standards,” he pointed out.Earlier, participating companies from Qatar lauded MIHAS as a platform to enrich the Qatari market with a wide range of halal-certified products, especially amongst Fast-moving consumer goods (FMCGs).Companies such as Lari Group, Al Majid Jawad, and Qatar National Import & Export (QNIE) participated in the ‘Premium Buyers’ segment of the International Sourcing Programme (INSP), one of the key components of the four-day MIHAS 2025.Lari Group chairman Abdulrazaq Lari expressed full confidence in Malaysian halal standards, adding that Lari Group actively shares feedback with Malaysian suppliers to meet Qatari consumer preferences.Reji Sam, Group Brand manager of Al Majid Jawad, emphasised Malaysia’s reputation for stringent and consistent halal certification, contrasting it with the fluctuating standards in other countries. He added that MIHAS serves as a gateway to discovering new, unique F&B products that can meet rising demands.QNIE category supervisor Waqqas Jaffar lauded the organisation and energy of MIHAS 2025, noting the enthusiasm of Malaysian companies eager to export to Qatar. With a limited number of halal brands currently available, Jaffar views MIHAS as a strategic platform for exploring new offerings, especially in health-conscious categories.

Lari Group chairman Abdulrazaq Lari.
Business
Qatar firms: Malaysia halal expo offerings to enrich Qatari market

Companies from Qatar that participated in the recently concluded Malaysia International Halal Showcase (MIHAS) 2025 in Kuala Lumpur have lauded the event for its role in helping enrich the Qatari market with a wide range of innovative halal products.Companies such as Lari Group, Al Majid Jawad, and Qatar National Import & Export (QNIE) participated in the ‘Premium Buyers’ segment of the International Sourcing Programme (INSP), one of the key components of the four-day event held at Malaysia International Trade and Exhibition Centre (MITEC).Describing MIHAS 2025 as “busy, fruitful, and promising,” Lari Group chairman Abdulrazaq Lari noted that “Malaysian products are well-received in Qatar,” and explained that while the country has sufficient halal facilities, product variety remains a challenge, especially niche categories like confectionery.Moreover, Lari has expressed full confidence in Malaysian halal standards, adding that Lari Group actively shares feedback with Malaysian suppliers to meet Qatari consumer preferences. He lauded Malaysian companies for supplier responsiveness, particularly in tailoring product flavours to suit Qatari tastes. This ongoing exchange of feedback and adaptation exemplifies a productive and culturally sensitive business relationship, Lari said.Drawn by MIHAS 2025’s focus on halal products and rising demand in Qatar, Reji Sam, Group Brand manager of Al Majid Jawad, noted that participation in the exhibition marks the company’s first appearance at the event, despite longstanding relationships with Malaysian suppliers.He emphasised Malaysia’s reputation for stringent and consistent halal certification, contrasting it with the fluctuating standards in other countries. According to him, MIHAS serves as a gateway to discovering new, unique F&B products that can meet rising demands.Waqqas Jaffar, Category supervisor at Qatar National Import & Export (QNIE), praised the organisation and energy of MIHAS 2025, noting the enthusiasm of Malaysian companies eager to export to Qatar. With a limited number of halal brands currently available, Jaffar sees MIHAS as a strategic platform to explore new offerings, particularly in health-conscious categories.MATRADE announced earlier that the results from its flagship INSP are set to help MIHAS achieve its RM4.5bn sales targets. The INSP, a central pillar of the event, saw more than 4,000 physical business meetings arranged between 600 Malaysian sellers and 300 international buyers, including top-tier retailers and hypermarkets with combined annual revenues exceeding RM1.5tn.The programme, which also features a virtual component running until November 5, 2025, has already generated significant sales and is expected to surpass last year’s RM2.52bn achievement, thereby strengthening Malaysia’s trade ties across Asean, the GCC, Europe, Africa, and the Americas.MATRADE chairman Reezal Merican Naina Merican emphasised MIHAS’ role as a catalyst for Malaysia’s halal leadership: “The strong performance of the INSP this year underscores the global demand for Malaysia’s halal offerings. Through MIHAS and our digital platforms, we are enabling Malaysian exporters to connect with high-value global buyers and unlock new opportunities.”MATRADE CEO Mustafa Abdul Aziz emphasised that INSP is about building long-term business linkages: “The meetings conducted at the INSP are not just transactions, but opportunities for Malaysian exporters to forge lasting partnerships in high-value markets. This is how we position Malaysian halal products and services as trusted global brands.“One of the key strengths of the INSP is MATRADE’s ability to leverage our network of 48 overseas trade offices to curate carefully and pre-qualify buyers, which ensures that the business meetings are highly targeted, connecting Malaysian companies with buyers who have genuine demand. This, in turn, leads to successful business deals and long-lasting partnerships.”

Malaysian Prime Minister Anwar Ibrahim
Business
Malaysia targets deeper halal trade ties with Middle East

Malaysia is intensifying efforts to expand halal trade with economies in the Middle East, positioning its halal industry as a global economic model that emphasises trust, quality, and shared cultural values, Minister of Investment, Trade and Industry Tengku Abdul Aziz has said.The minister made the statement during the recent launch of the Global Halal Summit (GHAS) 2025, where Malaysian Prime Minister Anwar Ibrahim spoke on the importance of the Southeast Asian nation’s role in promoting the halal industry through events like the Malaysia International Halal Showcase (MIHAS) 2025, which concluded Saturday in Kuala Lumpur.Speaking at the launch event, held in conjunction with MIHAS 2025, Aziz stated: “...by catalysing Asean’s FTA negotiations with Australia, China, India, the GCC, and many others, Malaysia is effectively starting to build interoperable halal value chains across Asean, the Middle East, and even Africa. “Underscoring Malaysia’s leadership in forging a South-South trade ecosystem, Aziz said the ministry has pushed for the internationalisation of MIHAS, which made its debut in the Gulf Co-operation Council (GCC) via ‘[email protected] pointed out that MIHAS@Dubai helped in providing access for Malaysian businesses and small and medium-sized enterprises (SMES) to markets across the Middle East and North Africa (Mena) region.Aziz announced that the Malaysia External Trade Development Corporation (MATRADE) will be organising the next international edition of MIHAS in Shanghai, China, under the MIHAS@Shanghai initiative this coming November.“MIHAS@Shanghai will bridge gaps, open access to multi-billion-ringgit markets, as well as enhance multilateral trade and investment. It will also elevate Malaysia and Asean’s position as the preferred halal trading partner and production hub in the Asian region,” he explained.Aziz also said: “By expanding halal trade, Malaysia is not only capturing value from a fast-growing global sector, but also hedging against volatility in traditional commodities, while reinforcing our role as a bridge between the Muslim world and global markets.“...at a time when geoeconomic competition is driving nations to secure resilient and diversified supply chains, halal offers Malaysia a strong edge that can anchor our SMEs and exporters in new growth markets across Asean, the Middle East and Africa.”In a keynote speech at the launch of GHAS 2025, the prime minister announced that Malaysia is leveraging its leadership in the halal economy as a strategic tool of economic diplomacy, underscoring the country’s 11-year reign atop the Global Islamic Economy Indicator (GIEI).“Malaysia’s excellence is particularly evident in Islamic finance, halal food, as well as media and recreation. This is a result of the government’s concerted effort to position the halal industry as one of the central pillars of the nation’s strategic growth,” Ibrahim said, citing the Halal Industry Master Plan (HIMP) 2030 and the New Industrial Master Plan (NIMP) 2030 as clear pathways “to position Malaysia as the world’s leading halal hub.”He added: “Under the Thirteenth Malaysia Plan (13MP), significant funds are allocated to further boost the growth of the halal sector. In return, the sector is projected to contribute RM231bn or 10.8% to the national GDP by 2030, driven by strong demand in food, finance and tourism. By way of comparison, the global halal market is valued at over RM16.02tn and is expected to reach RM22.88tn by 2030.

Nasser Deeb, CEO of The Expo Hut; and director of operations, Grace Aguilar, during MIHAS 2025. PICTURE: Peter Alagos
Qatar
Qatar seen as ‘key investor’ in Philippines’ halal sector

Qatar has “great potential” as a key investor in the Philippines’ burgeoning halal sector, a participant of the Malaysia International Halal Showcase (MIHAS) 2025 has said.Speaking to Gulf Times on the sidelines of MIHAS 2025, The Expo Hut CEO Nasser Deeb cited Qatar’s robust appetite for pouring investments abroad and the Philippines’ favourable investment climate, outlining a vision for Qatari FDI that moves beyond simple trade and into high-value ventures.“Qatar is well-positioned to invest in two specific areas: halal retirement and manufacturing,” explained Deeb, who proposed the development of “halal retirement homes” and “halal resorts” in the Philippines. This concept has been gaining traction in Canada and elsewhere, he pointed out.“These facilities would cater to Muslim retirees seeking an environment free from alcohol and pork, and they could combine the benefits of a retirement community with the amenities of a resort, offering a high quality of life at a fraction of the cost found in other countries like Spain,” Deeb further explained.On the manufacturing front, Deeb suggested that Qatari entities could establish factories in the Philippines to produce and package goods like rice and coffee beans, allowing Qatar to create its own brands or private labels by leveraging the Philippines’ resources and its free zone facilities, such as those offered by the Philippine Economic Zone Authority (PEZA).On several occasions, Deeb said he actively encouraged Qatari officials, including Qatar’s ambassador to the Philippines, to explore investment opportunities in various sectors of the country and to participate in Philippine trade shows to educate the public about Qatar.“Creating more awareness and promoting the investment climate of both the Philippines and Qatar during trade shows would be a strategic step toward building a strong economic partnership between both nations,” emphasised Deeb, who organises the ‘Halal Expo Canada’ and the ‘Halal Expo Philippines’.The 21st edition of MIHAS, which will run until September 20 at the Malaysia International Trade and Exhibition Centre (MITEC), has placed special emphasis on the agenda of helping local and international players look to innovation and sustainable initiatives to spearhead steady growth for the halal economy.MIHAS 2025 is also serving as a robust marketplace for both international and local players to seize opportunities beyond halal food, including halal pharmaceuticals, medical devices, finance, modest fashion, personal care and cosmetics, green technologies, and even Muslim-friendly tourism.Similarly, the Philippines is also expanding beyond halal food to venture into sectors such as Islamic finance. In 2023, an economic team of experts from the Philippines visited Qatar for the ‘PH Dialogue: Economic Outlook and Opportunities’, where lawyer Arifa A Ala, the Senior Assistant Governor, Financial Supervision Sub-Sector III of the Banko Sentral ng Pilipinas, stated that the Philippine government is eyeing the Gulf region as a new market for the country’s Islamic banking sector.During a presentation at the PH Dialogue, she stated that significant developments in the Philippines’ Islamic banking and finance sector have “set the stage” to welcome new players, including banks from Qatar.