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Monday, August 17, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "QFZ" (16 articles)

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.

QFZ CEO Sheikh Mohammed bin Hamad bin Faisal al-Thani and Feadship chief commercial officer Bas Nederpelt during the MoU signing ceremony held on the sidelines of the 34th Monaco Yacht Show.
Business

QFZ signs MoU with Feadship to develop Marsa Port as global superyacht hub

The Qatar Free Zones Authority (QFZ) has signed a memorandum of understanding (MoU) with Feadship, the world-renowned Dutch builder of custom superyachts, to explore collaboration in marine infrastructure, design, and sector engagement.The MoU, signed during the 34th Monaco Yacht Show, reflects a shared vision to develop Marsa Port at Umm Alhoul Free Zone into a premier superyacht destination in the Gulf, fostering excellence across maintenance, refit, provisioning, and owner experiences.The MoU, seen as a strategic move that underscores Qatar’s growing role in the global superyacht industry, was formalised by QFZ CEO Sheikh Mohammed bin Hamad bin Faisal al-Thani and Feadship chief commercial officer Bas Nederpelt.Under the MoU, Feadship will provide advisory support to QFZ’s leadership on the development of world-class maintenance, repair, and refit (MRR) facilities, while also contributing to broader initiatives to enhance Qatar’s role in custom yacht design and luxury maritime innovation.Sheikh Mohammed said, “Qatar is becoming a global hub for the superyacht community, driven by world-class infrastructure and a market forecast to grow 7.4% annually through 2030. With the highest ownership per capita in the region, our partnership with Feadship advances our ambition to make Marsa the Gulf’s leading superyacht destination - creating lasting value for investors, owners, and the maritime sector.”Beyond port infrastructure, the collaboration opens new avenues for global engagement through high-level events, knowledge sharing, and owner experiences that will draw international attention to Qatar’s evolving marine sector.Nederpelt said, “Feadship welcomes the opportunity to explore this collaboration with QFZ. We recognise Qatar’s ambition to develop Marsa Port as a destination for the superyacht community and are pleased to contribute in an advisory capacity as part of this exploratory partnership. This MoU reflects our shared commitment to knowledge exchange and dialogue, ensuring that any future steps are aligned with the highest standards of our industry.”The partnership is part of QFZ’s broader strategy to create a future-focused, sustainable marine cluster that attracts leading global players, enhances the Gulf region’s luxury offerings, and places Qatar firmly on the global superyacht map.

Gulf Times
Business

Qatar Free Zones Authority signs MoU with Feadship to develop Marsa as global superyacht hub 

In a strategic move that underscores Qatar’s growing role in the global superyacht industry, Qatar Free Zones Authority (QFZ) has signed a Memorandum of Understanding (MoU) with Feadship, the world-renowned Dutch builder of custom superyachts, to explore collaboration in marine infrastructure, design, and sector engagement.The MoU, signed during the 34th Monaco Yacht Show, reflects a shared vision to develop “Marsa” Port at Umm Alhoul Free Zone into a premier superyacht destination in the Gulf, fostering excellence across maintenance, refit, provisioning, and owner experiences. The MoU was formalized by Sheikh Mohammed bin Hamad bin Faisal al-Thani, CEO of QFZ, and Bas Nederpelt, Chief Commercial Officer of Feadship.Under the MoU, Feadship will provide advisory support to QFZ’s leadership on the development of world-class maintenance, repair, and refit (MRR) facilities, while also contributing to broader initiatives to enhance Qatar’s role in custom yacht design and luxury maritime innovation.Sheikh Mohammed stated: “Qatar is becoming a global hub for the superyacht community, driven by world-class infrastructure and a market forecast to grow 7.4% annually through 2030. With the highest ownership per capita in the region, our partnership with Feadship advances our ambition to make Marsa the Gulf’s leading superyacht destination - creating lasting value for investors, owners, and the maritime sector.”Beyond port infrastructure, the collaboration opens new avenues for global engagement through high-level events, knowledge sharing, and owner experiences that will draw international attention to Qatar’s evolving marine sector.Nederpelt said: “Feadship welcomes the opportunity to explore this collaboration with QFZ. We recognize Qatar’s ambition to develop Marsa Port as a destination for the superyacht community and are pleased to contribute in an advisory capacity as part of this exploratory partnership. This MoU reflects our shared commitment to knowledge exchange and dialogue, ensuring that any future steps are aligned with the highest standards of our industry.”This partnership is part of QFZ’s broader strategy to create a future-focused, sustainable marine cluster that attracts leading global players, enhances the Gulf region’s luxury offerings, and places Qatar firmly on the global superyacht map.

Gulf Times
Business

Kingdee inaugurates regional HQ at Qatar’s Free Zones; marks entry into Middle East market 

Qatar Free Zones Authority (QFZ) and Kingdee International Software Group Company have officially announced the inauguration of Kingdee’s regional headquarters at Ras Bufontas Free Zone in Qatar. The two parties also signed a strategic cooperation agreement to strengthen collaboration in developing digital solutions and supporting Qatar’s innovation ecosystem. This milestone marks the Chinese technology leader’s strategic entry into the Middle East market, further positioning Qatar as a strategic hub for investment in emerging technologies and innovation. The inauguration ceremony was attended by Abdulla Hamad Al-Binali, Acting Chief Operating Officer at QFZ; Jason Zhang, President of Kingdee Group; and senior representatives from key public- and private-sector stakeholders. Founded in 1993, Kingdee is a global leader in enterprise management cloud SaaS solutions. With over 7.4mn customers globally and operations in some 172 countries, Kingdee brings a wealth of domain expertise and deep technological capabilities. The launch of its regional headquarters in Qatar is in line with the company’s strategy to strengthen its international footprint. In December 2023, Kingdee signed an agreement with the Qatar Investment Authority (QIA), under which QIA committed to invest approximately QR728mn ($200mn) in the company, establishing a strategic partnership that supports Kingdee’s expansion in the region. As part of this partnership, a strategic cooperation agreement was signed by Kingdee and QFZ during the ceremony to expand opportunities for developing advanced digital solutions in Qatar and the wider region. The agreement also, outlines plans to conduct a feasibility study for establishing an innovation ecosystem and a center of excellence in Qatar, encourage Kingdee’s partners and suppliers to establish a presence in the free zones, and collaborate with research and academic institutions to support national capacity building and engage Qatari talent. Sheikh Mohammed bin Hamad Bin Faisal al-Thani, CEO of QFZ, stated: “We are pleased to welcome Kingdee to our free zones. Kingdee’s decision to establish its regional base here is a strong validation of Qatar’s ability to attract pioneering international companies at the forefront of modern technology. With access to cutting-edge infrastructure, unparalleled connectivity, and the investment opportunities that Qatar’s free zones provide to expand across regional markets, Kingdee is well-positioned for growth and success. “Their presence will further strengthen our technology sector and contribute to Qatar’s thriving innovation ecosystem.” Jason Zhang, President, Kingdee Group, said: “Qatar is an economic hub in the Middle East and a crucial node of the ‘Belt and Road Initiative’. The open policies of QFZ, the global perspective of QIA, and the strategic efforts of Invest Qatar have created tremendous opportunities for us to ‘base in Qatar, radiate across the Gulf region, and go global.’” Zhang added: “We will embrace an open and inclusive mindset that integrates global digital technologies with management wisdom to empower local enterprises as well as those going global with world-class products and services to achieve extraordinary results.” The establishment of Kingdee Qatar will strongly support the strategic goals of Qatar’s National Digital Agenda 2030 by delivering “AI-driven + cloud-native” digital transformation solutions, enabling local enterprises to accelerate their progress from “digitalization” to “intelligentization”. Qatar Free Zones Authority (QFZ) continues to attract global companies in the fields of technology and cloud computing, strengthening its position as an advanced, future-ready investment destination. This enables companies to expand locally, regionally, and globally from Qatar, benefiting from a flexible business environment and state of the art infrastructure. This is part of supporting the realization of Qatar National Vision 2030 and strengthening the pillars of the Third National Development Strategy.