Business

Thursday, February 19, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Business

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Restoring dignity: Hammam Elmasri and EmpactUS’ vision for a self-sustaining MENA economy post-Web Summit

As Web Summit Qatar 2026 concluded its record-breaking run in Doha, one of the most resonant messages for the region came from EmpactUS and its Co-Founder, Hammam Elmasri. In a series of high-level dialogues with regional policymakers and technology leaders, Elmasri articulated a bold vision for post-conflict recovery—one where the MENA region transitions from being a recipient of global aid to a powerhouse of innovation-driven resilience.The participation of EmpactUS in Doha was more than symbolic; it represented a strategic alignment with Qatar’s own vision of becoming a global bridge for technology and social impact.The Power of Economic AgencyAt the heart of Elmasri’s message is the concept of "Economic Dignity." For many communities across the Middle East, the cycle of conflict is compounded by the loss of self-sufficiency. Traditional recovery models often focus on the "what"—rebuilding houses and hospitals—but EmpactUS focuses on the "how"—empowering individuals to build their own futures."Talent exists across this region. What does not exist are the systems to support that talent," Elmasri told the Gulf Times. "We have seen founders building fintech solutions under sanctions and edtech platforms amid school disruptions. They are not asking for charity; they are asking for structured access to markets, mentorship, and ethical capital."Doha as a Global GatewayElmasri emphasized that participation in global platforms like Web Summit is a "recovery multiplier." For founders in Palestine, Lebanon, and Syria, exposure to global ecosystems is not a luxury; it is a necessity to break through the isolation caused by conflict."Doha has provided a unique platform where local resilience meets global innovation flows," said Elmasri. "By connecting our founders to regional investors and global technology partners here in Qatar, we are shortening the learning curve and building the credibility that these entrepreneurs need to thrive on a global stage." **media[418555]**The Strategic Role of Startup EcosystemsEmpactUS advocates for a model where entrepreneurship becomes a form of "Stabilization Infrastructure." When supported by coherent systems—such as incubation, acceleration, and cross-border mentorship—startups do more than create jobs; they create a sense of stability and a platform for regional cooperation.The EmpactUS approach focuses on three core areas:Skill-Building: Aligning training with the needs of the global digital economy.Regional Integration: Ensuring innovation is not geographically isolated.Ethical Growth: Prioritizing community impact and long-term sustainability.A Call to Regional LeadersElmasri’s vision concludes with a call to move beyond the donor-driven cycles of the past. By investing in startup ecosystems, the MENA region can build a more resilient and integrated economy."Post-conflict recovery is not just about rebuilding what was lost; it is about building something stronger," Elmasri noted. "Through the systems we are designing at EmpactUS, we are helping to ensure that the next generation of MENA leaders are architects of their own recovery." About Hammam Elmasri & EmpactUS Hammam Elmasri is a social impact entrepreneur and the Co-Founder of EmpactUS, a venture-building ecosystem dedicated to fostering value-driven entrepreneurship in conflict-affected regions across the Middle East. For more information, visit https://empactus.org.uk/

Gulf Times

‘Qatar, Saudi Arabia should create tourism task force to yield bigger economic footprint per tourist’

Qatar and Saudi Arabia should have a dedicated task force between tourism authorities as complementarity approach for bundling tourism products will yield a bigger economic footprint per tourist and a larger destination exposure, according to a report. For Saudi Arabia and Qatar, markets are graduating from isolated offerings to diversified portfolios, touching service delivery, employment, productivity, and competitiveness across adjacent sectors, said “Tourism Diversification in Saudi Arabia and Qatar”, jointly prepared by Strategic Gears and Strategy Hub. “Yet both markets still capture only a portion of their addressable demand, with the greatest untapped gains unlikely to be covered by individual scale-ups alone,” it said. Segment development within tourism, when it is seen as a diversification lever, demands an integrated approach, it said. Culture, sports, and business tourism segments move “up the competitiveness curve” by deepening capabilities in input structures along the value chain, and enabling infrastructure. “A pathway for (the complementarity approach) is through the establishment of a dedicated task force between both tourism authorities with a shared strategy for joint itinerary integration,” the report said. In this regard, it cited the combination of Saudi’s heritage and entertainment experiences, such as Diriyah or the Riyadh season, with incoming sporting event in Qatar like the Grand Prix. There was a need to functionally integrate distinct yet synergistic experiences across countries, it said, adding there was also a need to identify complementarity on segment capability (where one country is structurally ahead) and delivery economics (where shared offerings reduce the cost of expanding demand). Within MICE (meetings, incentives, conferences and exhibitions) tourism, where both countries have relatively recently begun to establish a positioning in, the report suggested setting up convention bureaus that function as destination marketing and coordination entities responsible for attracting and promoting business events. It also recommended developing interconnected and modernised MICE venues, capable of hosting large-scale events with seamless connectivity across airports, hotels, and business districts. The MICE tourism segment in Qatar, which generated $1.3bn to the economy in 2022, is projected to maintain its upward trajectory with a growth rate of 9% during 2025–2033. The MICE segment has emerged as a significant contributor to Qatar’s economic diversification efforts by acting as a bridge between local industries and global markets. Through hosting high-profile exhibitions and summits, Qatar has strategically positioned itself as a dynamic entry point for international business activity in the region. Qatar developed a robust ecosystem to position itself as a destination for international business events. The Qatar National Convention Centre (QNCC), inaugurated in 2011, offers 40,000 sqm of exhibition space, a 4,000-seat conference hall, and 52 meeting rooms. Complementing QNCC is the Doha Exhibition and Convention Center, providing 47,000 sqm of event space in the heart of Doha’s business district. “Infrastructure development has had a significant influence on Qatar’s business tourism,” it said, adding between 2014 and 2019, the number of association-organised conferences nearly doubled from 99 to 193.