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Qatar Chamber signed Monday five memoranda of understanding (MoUs) with the Hong Kong General Chamber of Commerce, the Federation of Hong Kong Industries, the Hong Kong Investment Authority, the Hong Kong Trade Development Council, and the Hong Kong Banking Association.The Qatar International Centre for Conciliation and Arbitration (QICCA) at Qatar Chamber also signed an MoU with the Hong Kong Bar Association. The MoUs were signed here during a visit by a high-level delegation led by John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR).The signing ceremony was held in the presence of HE the Minister of Finance Ali bin Ahmed al-Kuwari, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, several board members of the chamber, and a group of prominent Qatari businessmen.Lee said the MoUs will enhance cooperation in key sectors like trade, economy, investment promotion, tourism, technology, and infrastructure. He added that the MoUs will open avenues to establish more commercial partnerships.Al-Kuwari emphasised the deep relations between Qatar and Hong Kong, particularly in trade and investments, noting that there are venues of cooperation between business sectors of both countries to strengthen trade and capitalise on the existing relations in various sectors like tourism and aviation.The minister emphasised that Hong Kong serves as a gateway to Asia, while Qatar to the Middle East regions. He highlighted that business forums and the MoUs would contribute to developing commercial relations between both countries.Meanwhile, Sheikh Khalifa lauded the strong and steadily growing relationship between Qatar and Hong Kong, “which is built on mutual trust, shared economic goals, and a joint commitment to creating new opportunities.”He emphasised both sides’ interest in deepening cooperation across various sectors, with a particular focus on the private sector, especially in trade, investment, finance, and smart industries.Sheikh Khalifa commended Hong Kong’s achievements over the decades, highlighting its position as one of the world’s leading economic and financial centres, its long-standing history of innovation and smart services, and its role as a pivotal trade gateway with an open and dynamic economic environment. He said this aligns with Qatar’s future vision of building a diversified and sustainable economy founded on advanced knowledge and technology.Daniel Lam, chairman of the Hong Kong Trade Development Council (HKTDC), emphasised the growing trade and investment cooperation between Hong Kong and Qatar.He noted the ‘Partnering for Success – Hong Kong as a ‘Super Connector’ & ‘Super Value-Adder’ luncheon held Monday in Doha will deepen trade and investment relations with Hong Kong’s key partners.

Hong Kong and Qatar have made significant progress in concluding the negotiations for an Investment Promotion and Protection Agreement (IPPA), it was announced Monday at a luncheon in Doha under the theme ‘Partnering for Success – Hong Kong as a ‘Super Connector’ & ‘Super Value-Adder’.“Hong Kong and Qatar have substantially concluded the negotiations on an Investment Promotion and Protection Agreement,” said John Lee, the chief executive of the Hong Kong Special Administrative Region (HKSAR), in a speech at the event.He also said, “We will also commence negotiations on the mutual recognition of our respective Authorised Economic Operator Programmes. In addition, Hong Kong and Qatar have made considerable progress in reaching understanding on the substantive contents on an MoU for legal co-operation. Together, they will boost our trade ties and enhance our customs clearance efficiency, creating smoother, more convenient, links for our companies.“With our investment agreement negotiations underway, Hong Kong’s network of investment agreements and Comprehensive Avoidance of Double Taxation agreements will potentially cover most of the GCC countries. More than expanding our trade ties, I believe, it could advance our continuing discussions with the GCC on the prospects of a free trade agreement. Hong Kong champions free trade, and looks very much forward to the support of Qatar.Lee also announced that “China is Qatar’s largest trade partner,” citing both countries’ bilateral trade surpassing the $24bn mark last year. “More than trade in energy, the two countries are also co-operating in infrastructure, finance and technology... our Mainland delegates are keen to build on these good relations, to pursue more collaborations, in greater diversity, with you,” he pointed out.Similar to China, Lee emphasised that Hong Kong is keen on furthering co-operation with Qatar. He said Hong Kong’s merchandise trade with Qatar stood at “$1.6bn” in 2024, increasing “2.6%” on average from 2020 to 2024, making Qatar Hong Kong’s third-largest trading partner in the Middle East.He also said: “As for co-operation with the Gulf Cooperation Council (GCC), which counts six countries in the region, including Qatar, Hong Kong companies are engaged in key projects covering such areas as green transportation, no-electricity cooling technology, marine reef restoration and other areas.”

The inaugural ‘Qatar Trade and Treasury Transformation Summit’ held Wednesday in Doha reflects the country’s commitment to investing in a knowledge-based economy, which aligns seamlessly with the directives of His Highness the Amir Sheikh Tamim bin Hamad al-Thani.“This commitment...is being pursued through a strategic plan rooted in innovation, efficiency, and flexibility, placing Qatar at the forefront among leading nations in this field,” Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani further said in his speech during the event’s opening ceremony.Held in the presence of Mohammed bin Hassan al-Malki, Undersecretary of the Ministry of Commerce and Industry, the summit discussed modern trends and views in trade and the treasury sector.It also tackled digital transformation in banking operations and its role in enhancing corporate treasury capabilities through innovative and intelligent cash and payment solutions, as well as ways to foster innovation and accelerate digital development in Qatar.Sheikh Khalifa, who is also chairman of the International Chamber of Commerce (ICC) Qatar, expressed his confidence that the summit would serve as a platform for open dialogue and direct discussions on the future of trade and finance that go beyond theory, leading to implementation for the benefit of institutions and communities alike.He also affirmed the Qatar Chamber’s and ICC Qatar’s conviction that the private sector is the best qualified to set global business standards that foster innovation and drive development in the financial and commercial sectors.Sheikh Khalifa noted that the summit’s working sessions address key areas, such as the digitisation of trade finance, treasury transformation, cross-border payments, and the key role of artificial intelligence (AI) in enhancing the capabilities of treasury professionals in both large and small companies, along with other factors that foster a culture of financial planning and sound institutional investment.Speaking at the event, al-Malki emphasised that the summit serves as a strategic platform for exchanging expertise and discussing the future of business and digital transformation in the finance sector and smart commerce. He noted that the event also provides an opportunity to explore the best practices and adopt innovative solutions that contribute to building a sustainable future.According to al-Malki, Qatar places great importance on building a flexible and integrated commercial, industrial, and financial system based on the highest standards of innovation, supported by advanced digital infrastructure and balanced, stable economic policies, in line with Qatar National Vision 2030.Over the past years, al-Malki explained that Qatar has actively invested in developing its technological infrastructure to embrace emerging technologies, keep pace with the Fourth Industrial Revolution, and attract more investment in this field.“Technological transformation and innovation lie at the heart of the country’s national strategies, serving as key pillars in the restructuring of the national economy and the transition toward a digital, efficient, and sustainable future,” al-Malki emphasised.He stressed that the pivotal role of the private sector in supporting the economic, industrial, and commercial system is by focusing on innovation and keeping pace with the technological revolution.Al-Malki added: “We look forward to the constructive discussions during this summit, which we believe will foster fruitful partnerships and drive sustainable transformation in trade and treasury, ultimately enhancing our global competitiveness and advancing our sustainable development goals.”

Combining digital transformation, entrepreneurship, and banking systems is essential for establishing a strong foundation for significant investments and global partnerships, according to Qatar Chamber board member Mohamed bin Ahmed al-Obaidli.He was speaking during the first of seven panel discussions held on the sidelines of the inaugural ‘Qatar Trade and Treasury Transformation Summit’ held yesterday in Doha under the patronage of HE the Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal al-Thani.Under the theme ‘Qatar’s Growing Firepower as a Trading Nation’, al-Obaidli was joined by fellow panellists Mubarak al-Sulaiti, founder and chairman of Al Sulaiti Law Firm; Ashraf Abuissa, chairman, AbuIssa Holding; and Fahad Badar, executive general manager and Chief Wholesale and International Banking officer at Commercial Bank Qatar.During the discussion, al-Obaidli emphasised that integrating digital transformation, entrepreneurship, and financial and banking systems plays a vital role in laying a solid foundation for bold investments and global partnerships. He also highlighted the importance of regional co-operation in enhancing Qatar’s trade competitiveness.He stressed that Qatar has solidified its position as a leading global trade hub and boosted its economic impact as a key partner in international trade and investment, highlighting that this was achieved through various mechanisms, including legislative and regulatory reforms, energy diversification and sustainability, and the development of advanced infrastructure and logistics.Abuissa emphasised the importance of fostering economic and trade co-operation with countries in the region, particularly the GCC. He also highlighted the need to explore new global markets considering current economic challenges and to capitalise on the significant progress Qatar has achieved in sectors such as communications, media, tourism, industry, and others.Al-Sulaiti discussed the legal and legislative environment for business in Qatar, emphasising that laws and regulations are integral to trade and economic activity. He highlighted the importance of organising the Qatar Trade and Treasury Transformation Summit as a platform to present ideas and visions in light of global economic developments.In turn, Badar highlighted Commercial Bank Qatar’s efforts in the fintech sector, particularly its commitment to developing and implementing innovative financial solutions in alignment with the Qatar Fintech Strategy 2023 launched by the Qatar Central Bank.The second session titled ‘Tackling Money Laundering, Sanctions, and Fraud’ featured Sheikh Dr Thani al-Thani, board of director of International Relations at the Qatar International Centre for Conciliation and Arbitration (QICCA); Claudia al-Hage, managing partner at Rashed R Al Marri Law Office; and Dhritimaan Shukla, partner at Ernst & Young.Sheikh Dr Thani reviewed the key legal mechanisms regulating anti-money laundering efforts in Qatar, specifically referring to Law No 20 of 2019. He also outlined the restrictions and obligations placed on professionals, including lawyers, in the country’s fight against money laundering and terrorism financing.The following experts tackled ‘The Future of Trade Finance: Reaping the Rewards of Digital Transformation’ during the third panel discussion: Alaa al-Rousan, head of Mena at SWIFT; Hussam al-Kokhon, head of Trade Finance at CQUR Bank; Venkata Surya Prasad Indraganti, head of Transaction Banking at Commercial Bank Qatar; Clyde Rosanowski, senior vice-president of Corporate Solutions and head of EEMEA at Mastercard; and Bojan Čekrlić, CEO of CargoX.The fourth session titled ‘Treasury Transformation – Moving from Theory to Reality’ featured Derek Kwok, Chief Treasury and International Banking officer at Ahli Bank; Tahir Pirzada, general manager/group treasurer and Financial Institutions, Al Rayan Bank; Dr Fawad Ishaq, Chief Treasury and Investments officer, Doha Bank; Dr Ghada M Darwish Karbon, founder and managing partner, Dr Ghada M Darwish Karbon Law Firm; and Dr Alanoud al-Maadid, head of the Economics and Finance Department at Qatar University.Meanwhile, Dr Bothaina al-Ansari, chairwoman/adviser, Just Real Estate; Mashael Mohammed al-Sulaiti, founder and chairwoman of Mashael Al Sulaiti Law Firm; Maha al-Saadi, head of Regulatory Affairs at the Qatar Financial Centre; and Fatenah al-Danab, head of Trade and Working Capital at Barclays Bank, participated in the fifth session titled ‘Empowering Women - Trade and Treasury in the Mena Region’.The sixth session, ‘Optimising Islamic Factoring Operations: Modern Workflow Solutions’, and the seventh session, ‘Cross-Border Payments: From Instant Payments and Blockchain Payments to Embedded FX’, explored advancements in financial technologies and infrastructure that are transforming payment systems and trade finance in the region.

Qatar has made significant strides in developing and implementing cleantech initiatives aimed at enhancing energy efficiency and optimising resource use, Invest Qatar has stated in a recent report.The report, ‘Digital Innovation for a Sustainable Future’, was a joint initiative between Invest Qatar and Doha-based Spanish firm, Iberdrola Innovation Middle East, aimed at highlighting the transformative role of digital technologies in advancing energy efficiency, sustainability, and economic diversification.“Digital technologies like AI, IoT, and smart grids are enhancing energy efficiency and driving the transformation of energy systems around the world. These technologies optimise energy consumption in real-time and improve the overall efficiency and resilience of energy systems.“The proliferation of digital technologies, including data centres and cloud computing, is driving up energy demand. However, innovations in IT hardware and cooling, as well as a shift towards more efficient cloud and hyperscale data centres, are helping to limit this growth,” the report explained.Backed by years of technological developments and focus on innovation, Qatar is not only addressing its energy demands but also improving the overall efficiency of end-use applications by harnessing emerging technologies, including smart grid systems, renewable energy sources, and innovative waste management solutions.“Qatar has advanced cleantech initiatives in the following areas – energy and power generation, construction and urban development, transportation and mobility, and water and waste management – leveraging emerging technologies to improve demand and end-use efficiency,” stated the report.Under the framework of the Qatar National Renewable Energy Strategy (QNRES), the country “aims to increase renewable energy’s share in the power mix from its current 5% to 18% by 2030, with a primary focus on solar PV Technology.”“Qatar’s LNG CCS project is the largest in the Middle East and sixth globally, and it aims to increase the capacity to capture more than 11Mtpa of CO2 by 2035. Qatar is building the largest blue ammonia plant in the world ($1bn investment, with 1.2m tonnes per year output),” the report further noted.Construction and urban development come to the fore as Qatar is ramping up investments in smart city technologies, stated the report, citing the Lusail City project, “which integrates digital infrastructure to enhance urban living.”The report pointed out: “Msheireb is the world’s first sustainable downtown regeneration project leveraging smart technologies with a 32% energy reduction goal and all buildings targeting LEED Gold certification. Qatar’s National Environment and Climate Change Strategy aims to use 35% of recycled materials in construction projects.”On transportation and mobility, the report stated: “Qatar’s Third National Development Strategy (NDS3) aims to build advanced transport infrastructure – increasing utilisation, efficiency and sustainable options like e-mobility and public transport.“The Ministry of Transport (MoT) Transportation Master Plan for Qatar-2050 aims to implement long-term initiatives contributing to sustainable transportation. Qatar is among the top 10 global markets in electric vehicle readiness.”It added: “The Qatar Mobility Innovations Centre (QMIC) is the first independent innovations centre in the region focusing on R&D to develop and deploy Intelligent Mobility and Smart Cities platforms and technologies.”The Ministry of Municipality’s 2024-2030 strategy, which includes plans to adopt the latest smart waste management systems and convert waste into energy, caters to the country’s advancements in cleantech initiatives.“Qatar’s National Environment and Climate Change Strategy aims to achieve a 15% material recycling and +55% desalination of water from RO (Reverse Osmosis) or more sustainable technology.“The first GCC country to implement a waste-to-energy programme, Qatar’s Domestic Solid Waste Management Centre (DSWMC) has a state-of-the-art facility with a 1,500 tonnes per day Waste-to-Energy (WTE) incineration plant,” stated the report.On environmental monitoring and efficiency, the report stated: “Qatar’s NDS3 aims to expand advanced monitoring technologies, for instance, effective monitoring and the enforcement of consistent water quality standards across sources.“Qatar aims to install over 20 air quality monitoring stations equipped with internationally approved technology. The country also aims to regularly and effectively monitor all water sources, such as groundwater, seawater and potable water.”

The Chamber of Commerce of Spain in Qatar has officially kick-started its recent 15th anniversary celebration with a ‘Business Breakfast’, which focused on innovation and the future of collaboration between Spain and Qatar.During the event, David Quintanilla Alvarez, the chairman of the chamber, underscored how Spanish companies operating in Qatar have proven their resilience, saying, “But lasting leadership demands anticipating change, transforming models, and empowering talent.”He said: “Today, we celebrate 15 years of business success and embrace innovation as the key to our future... with creativity and strength, Spain is ready to lead through innovation and shape a competitive, global future.”The event brought together key companies operating in Qatar, including Acciona, Aguas de Valencia, Bravent, Essa Al Sulaiti Law Firm, Iberdrola, and Técnicas Reunidas, which presented their latest innovations and strategic projects in the region.The session concluded with a roundtable discussion on ‘The Importance of Innovation in Business’, where the panellists explored how innovation drives competitiveness, resilience, and sustainable growth in international markets like Qatar.The ‘Business Breakfast’ marks the first of several activities commemorating the chamber’s 15-year journey in supporting Spanish companies and strengthening business ties between Spain and Qatar.Speaking to Gulf Times on the sidelines of the 15th anniversary celebration, Alvarez further explained the objectives of the chamber’s ‘Business Breakfast’: “The session on innovation gathered some of our largest companies where they presented their innovations across various sectors, including water, energy, and Information Technology.“This initiative has been ongoing for a long time; companies need to innovate to stand out from their competitors. If you fail to innovate, you risk falling behind in today’s competitive landscape.”He said the chamber regularly holds networking events every month, typically gathering around 150-200 people. Alvarez noted that the event is particularly beneficial for new Spanish companies in Qatar, as it allows them to connect with others who have been in the country longer and expand their networks.“In addition to our monthly gatherings, we conduct workshops on a variety of topics. Our goal is to provide our members with valuable information, especially regarding any new laws or regulations in Qatar.“We strive to keep them updated on these matters. We also host webinars focused on taxation information for our members. Starting last year, we have been offering Spanish and Arabic classes at the Chamber of Commerce,” Alvarez added.

A top official of the International Committee of the Red Cross (ICRC) has lauded the role of Qatar in fostering dialogue and its leadership in facilitating in regional and international conflict resolution.Speaking at the seventh edition of the Global Security Forum (GSF 2025) being held in Doha until April 30, ICRC director general Pierre Krähenbühl praised the Gulf state’s key role in mediation efforts, highlighting Qatar’s collaboration with the ICRC in addressing major humanitarian issues.“The leadership shown by the State of Qatar when it comes to mediation and the search for dialogue deserves the highest recognition,” said Krähenbühl, who acknowledged Qatar’s role in securing the release of hostages by Hamas in Gaza and prisoners detained by Israel.Krähenbühl said, “The combination of political action, mediation by a state, and the ICRC’s neutral intermediary role, which gives us access and trust with parties needed to solve delicate challenges, represents a strong added value. We appreciate the cooperation with Qatar in this respect.”He also lamented the “growing polarisation” worldwide that is leading to “a proliferation of conflicts and conflict risks,” citing “a resurgence of conflicts between states and a large number of conflicts involving non-state armed groups.”“It also involves the increasing use of new technologies, artificial intelligence, and cyber on the battlefield. Today, wars are long-lasting, causing endless loss of life and the destruction of the institutional backbone of entire societies. The more devastation we allow, the longer and more arduous the path to dialogue and reconciliation will be,” Krähenbühl continued.Further, the ICRC official emphasised the importance of respecting international humanitarian law: “We are also confronted with permissive interpretations of international humanitarian law, the rules that bind all parties to a conflict and should protect civilians, prisoners and the sick and wounded on the battlefield.”He continued, “We witness daily the catastrophic human consequences of these wars in which even humanitarian organisations and staff are more and more frequently attacked, whether physically through harmful information campaigns or the criminalisation of humanitarian action...the rules are often violated, yet when applied, they save lives, and their respect makes the path to dialogue and reconciliation easier.”On the suffering of civilians in conflict zones, particularly in Gaza, Krähenbühl described this as “the very incarnation of hell.” Aside from the suffering, displacement, injury, and loss of women and children, he said the ongoing war has taken a heavy toll on humanitarian and healthcare workers: “Over 400 aid workers and 1,000 healthcare workers have been killed in Gaza, including 36 from the Red Cross and Red Crescent movement.”Emphasising the need to respect the rules of international humanitarian law, Krähenbühl said the ICRC launched a global initiative to galvanise political support for international humanitarian law in September 2024. The initiative, he continued, generated “great interest” among states and other actors.He said, “Indeed, every process that leads to resolving conflicts starts with small humanitarian steps. The ICRC does not have a political role, nor do we have a position on the political dimensions of the conflicts we work in. But we do have the experience, and we experience every day the horrors and human consequences of war, and their security implications for countries far and wide.“Therefore, it is not enough, Excellencies, ladies and gentlemen, to say after every major conflict, and I quote, never again, unquote. We must act together decisively to rediscover the humanity in the other.”Ends

A senior expert at the Centre for International Policy Research (CIPR) has underscored the importance of building strong and stable states in the fight against terrorism during a panel discussion held on the sidelines of the Global Security Forum (GSF 2025) in Doha Monday.Fragmented states provide fertile ground for radical ideologies to flourish, according to Dr Khalid Abdulaziz al-Khulaifi during the discussion titled ‘Conflict Resolution and Mediation in an Age of Non-State Actors and Fragmented Power’.He was joined by the US former ambassador Ryan Crocker, Distinguished Chair in Diplomacy and Security, RAND Corporation; Fawzia Koofi, Afghanistan’s former Deputy Speaker of Parliament; and Pekka Haavisto, Finland’s former Minister of Foreign Affairs. The discussion was moderated by Steve Clemons, host of ‘The Bottom Line’ at Al-Jazeera.Al-Khulaifi said, “I think the only way that you can counter terrorism is to build a strong state. The issue is that the idea of a fragmented state has been spreading around, so to help and foster states, such as what's going on in Syria at the moment.“If you keep imposing sanctions on Syria, how could you help Syria rebuild? If you’re not there to assist Syria...then you’re allowing the spread of radical ideologies...I think the essence of building a strong fundamental state is the responsibility of, sometimes, even the international community to assess and help that state to build, for it to counter such radical groups, which results in terrorism.”Al-Khulaifi also highlighted Qatar’s unique role as a mediator in global conflicts. “In a fragmented conflict, the party that can speak to everyone holds the real power, and Qatar has made this very clear in its path of being a mediator,” he emphasised, citing the Gulf state’s mediation efforts in regions like Chad and Ukraine as examples of Qatar’s ability to foster dialogue among conflicting parties.He also outlined four key characteristics that define Qatar’s successful mediation strategies: neutrality, access, legitimacy, and quiet diplomacy. He explained that it can be challenging for certain countries or individuals acting as mediators to effectively fulfill the role of a mediator.Al-Khulaifi further pointed out that it is critical to be “physically and diplomatically embedded within the key conflict zones,” as well as “to be trusted by the international community to play the role of the mediator.”He said, “I believe that, to some extent, this applies to the scenario, but a more discreet diplomacy approach is necessary. Discretion needs to be an important pillar, and I think Qatar applies it very well.”

International dignitaries and experts have underscored the significant role of non-state actors, as well as innovative approaches in conflict resolution, shedding light on the evolving nature of diplomacy in addressing modern conflicts.The high-level panel titled ‘Conflict Resolution and Mediation in an Age of Non-State Actors and Fragmented Power’ was held on the sidelines of the Global Security Forum (GSF 2025). The National Interest Editor at Large, Steve Clemons, moderated the discussion, which tackled several challenges that traditional multilateral institutions face.Former US ambassador to six countries, Ryan Crocker, emphasised the waning influence of traditional US-led international institutions, saying, “The post-war US-designed and led order that has persisted for 80 years is no longer what it was a year ago.”Crocker said, “The US is clearly withdrawing from the global arena, both politically and financially, with great consequences for organisations like the UN and the International Committee for the Red Cross, where the US has long been the predominant funder, and I think with huge implications for global stability.”Pekka Haavisto, Finland’s former Minister of Foreign Affairs, highlighted the increasing difficulties in multilateral diplomacy, pointing to the UN as an example of an institution that is struggling to address global crises.“When speaking about state and non-state actors, I want to recognise the important role of Qatar as a state actor in making peace in Gaza and trying to release the hostages and so forth, so state actors have not entirely disappeared. But I think we are coming to a world where our multilateral system is not working.“But we are in a world where initiatives and the NGO and the private sector’s role can be very crucial in building the peace and having, maybe, the first contacts also with different actors in the world theatre,” Haavisto explained.Reflecting on her experiences during negotiations with the Taliban, Fawzia Koofi, former Deputy Speaker of Parliament in Afghanistan, emphasised the importance of non-state actors in conflict mediation.“The role of non-state actors, civil society, influencers, social media, media, [and] political groups...are crucially important,” said Koofi, who also praised Qatar’s ability to bring inclusivity to negotiations, explaining that “the soft power of small states like Qatar and how important [a] role they played in creating that process” serves as an example for others.Dr Khalid al-Khulaifi, senior expert at the Doha-based Centre for International Policy Research (CIPR), emphasised that adaptability is key to modern mediation efforts. “The fragility of the conflict is no longer the traditional understanding of what a conflict is,” pointed out al-Khulaifi, highlighting Qatar’s approach to inclusivity and explaining that effective mediation requires “finding the right path to tackle it, [and] understand each perspective.”

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

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

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

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

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

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

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

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

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