tag

Invest Qatar, the Investment Promotion Agency of Qatar, and the Polish Investment and Trade Agency (PAIH) Monday entered into a strategic partnership aimed at deepening economic and investment co-operation between Qatar and Poland.This collaboration, formalised during the Poland-Qatar Investment Forum hosted by the Embassy of Poland in Doha, reflects a shared commitment to promoting mutual interests and unlocking new opportunities for businesses in both countries.The strategic partnership establishes the framework for exchanging information and data between both parties to support and strengthen investment flows between Qatar and Poland.Under the agreement, Invest Qatar will provide Polish companies with comprehensive support, including insights into Qatar’s business and regulatory landscape, guidance on investment opportunities, assistance with business setup and introductions to key stakeholders. The agency will also offer aftercare services to Polish firms already operating in Qatar, ensuring a seamless experience for new and existing investors.PAIH will support Invest Qatar in promoting business opportunities in Qatar to Polish companies, as well as refer interested investors looking to enter the market. Additionally, PAIH and Invest Qatar will collaborate to participate in joint events, workshops and conferences aimed at strengthening business exchange and bilateral investment between Qatar and Poland."This partnership with PAIH marks a new chapter in the long-standing relationship between Qatar and Poland that has been built on mutual respect, shared values and a commitment to progress. Through this collaboration, we aim to open new avenues for economic growth, support Polish companies to explore the wealth of opportunities available in Qatar and foster meaningful partnerships that drive innovation and long-term growth,” said Sheikh Ali Alwaleed al-Thani, chief executive officer, Invest Qatar.Łukasz Gwiazdowski, deputy chairman of PAIH, said it is pleased to join forces with Invest Qatar to support Polish companies in expanding their global footprint."This collaboration will not only facilitate access to new markets but also foster significant connections between our business communities. We look forward to working together to drive investment and create lasting value for both economies,” he added.This collaboration aligns with Invest Qatar’s commitment to position Qatar as a reliable long-term strategic partner to nations and businesses around the world while supporting its national economic diversification objectives. It also reaffirms the close and historic ties between Qatar and Poland, with diplomatic relations being established over 35 years ago.This is exemplified by the significant trade and commercial ties between the two countries, with trade reaching approximately QR4.2bn in 2024, and the presence of over 35 Polish companies operating across a variety of sectors in Qatar, including professional services, logistics and technology.

Total value of contracts awarded in Qatar saw a 116% jump year-on-year this third quarter (Q3) as Doha's successful bid to host the 2030 Asian Games laid solid foundation for the projects market, Kamco Invest, a regional non-banking entity, has said.In contrast, total value of contracts awarded across the GCC (Gulf Co-operation Council) region fell after four of the six countries recorded year-on-year decreases in project awards during Q3-2025 as geopolitical conflict in the Middle East continue to persist and weigh on risk appetite, Kamco Invest said in its latest report, quoting MEED Projects.Total value of contracts awarded in Qatar surged by 115.9% year-on-year to $13.6bn in Q3-2025."This growth was partially driven by preparations relating to Qatar’s successful bid to host the 2030 Asian Games, which is expected to catalyse a vast array of industrial and infrastructure projects aimed at building, preparing, and upgrading facilities for the event," Kamco said.In the first nine months of 2025, the total value of projects awarded in Qatar improved 27.6% year-on-year to $20.5bn.In terms of sectoral performance, the oil and gas sectors led with the highest values of contracts awarded during Q3-2025 at $6bn and $5bn, respectively.Moreover, total value of projects awarded in the power sector reached $2.3bn in Q3-2025, up from zero awards in Q3-2024. Notable projects awarded during the quarter included about $4bn of contracts won by China Offshore Oil Engineering for the Bul Hanine offshore oil field, located 120 KM offshore in the Gulf waters.The scope entails maintenance and increased oil production at the Bul Hanine field, including installation of four wellhead platforms requiring 80,000 tonnes of fabrication work, expansion of existing offshore production stations, and construction of living quarters.The GCC region saw 27% year-on-year plunge in aggregate value of awards to $54.8bn in Q3-2025, the second-lowest figure in the last ten quarters. This downturn was primarily driven by a sharp contraction in project awards in Saudi Arabia, together with a similar weak performance in the UAE, both of which saw significant year-on-year declines in awards during the period.However, contract awards are expected to gain momentum in the fourth quarter of 2025, driven primarily by recoveries in Saudi Arabia and the UAE.“Despite a strong project pipeline, overall project awards in 2025 in the GCC are expected to decline and fall short of the 2024 record contract awards,” Kamco said.Overall, the GCC’s pipeline of pre-execution stage contracts totals $1.78tn. The construction sector holds the largest share of the contracts in the pipeline at 35%, equivalent to $624.2bn, followed by transport ($300bn) and power ($294.2bn).According to MEED, the GCC power sector has at least 29 independent power projects (IPPs) at the bidding or bid-evaluation stages, mainly led by Saudi Arabia and the UAE.One of the notable leading power projects under tender or in bid evaluation in the near term is the 3,000MW Al-Sadawi 2 solar IPP.