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Tuesday, January 20, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "economic diversification" (4 articles)

Leah Perry, vice chair of The AI Trust Foundation
Qatar

AI seen as growth catalyst for Qatar's women-led SMEs

Artificial intelligence (AI) can be a transformative tool for Qatar’s small and medium‑sized enterprises (SMEs), particularly those established by women, an official of a Washington, DC-based nonprofit organisation that advocates for the safe and beneficial use of AI, has said.Leah Perry, vice chair of The AI Trust Foundation (The AI Trust), underscored The AI Trust’s core objectives, saying this reflects one of the goals of Qatar National Vision 2030, which places SMEs at the heart of economic diversification.“With the 2030 plan as a strategic vision, knowing the focus on small, medium‑sized businesses and even more so women-led businesses, it’s important that we bring all of us to the table,” Perry told Gulf Times, adding that “women entrepreneurs are not a side note but a central driver of growth.”According to Perry, AI offers women‑led SMEs a multiplier effect, citing the automation of routine tasks, such as summarising documents or drafting memos. She said, “AI frees leaders to focus on innovation and strategy. AI literally can ten times (10x) an individual worker,” Perry explained, pointing to the productivity gains that can help women entrepreneurs compete on equal footing with larger firms.The AI Trust’s role, Perry emphasised, is to ensure that this adoption happens responsibly, noting that as SMEs integrate AI into their operations, governance and standards must be embedded. “It’s equally important to make sure that as these small and medium‑sized businesses are growing, they’re doing so responsibly — that they’re building on those standards and governance; that matters,” she said.**media[397569]**Also, Perry lauded Qatar for making women’s participation in business a national priority, describing this as both “an opportunity and a responsibility.” She said, “AI can empower women entrepreneurs to scale their ventures, but trust must underpin that growth. The AI Trust Foundation positions itself at the intersection of innovation and ethics, advocating for responsible adoption as the core of empowerment.”The AI Trust was in Doha recently. The 15-member delegation comprised founders and executives from small and medium-sized companies working across AI applications, infrastructure, governance, and cybersecurity.The US-Qatar Business Council–Doha (USQBC Doha) and The AI Trust jointly led a high-level US delegation during World Summit AI (WSAI) MENA 2025, reinforcing a shared commitment to responsible AI and cross-border innovation between the US and Qatar.In addition to attending the World Summit AI in Doha, the delegation participated in strategic engagements across Qatar to explore collaboration opportunities in policy, investment, business development, and talent, reflecting a strong interest in deploying trustworthy AI solutions in the region.USQBC Doha and AITF noted that the Doha delegation precedes a broader set of planned initiatives, with additional programming and cross-border engagements to follow. 

Deputy managing director at the International Monetary Fund Bo Li stressed the importance of artificial intelligence and economic diversification as the two forces that safeguard the economic future of the State of Qatar, noting the growing impact of artificial intelligence on the paths of economic diversification and the future of labour markets.
Business

IMF deputy managing director stresses importance of AI, economic diversification for future of work

Deputy Managing Director at the International Monetary Fund (IMF) Bo Li stressed the importance of artificial intelligence and economic diversification as the two forces that safeguard the economic future of the State of Qatar, noting the growing impact of artificial intelligence on the paths of economic diversification and the future of labour markets.This came during an event organised by the School of Economics, Administration and Public Policy at the Doha Institute for Graduate Studies entitled; 'Building tomorrow: artificial intelligence, economic diversification and the future of work,' within the framework of the IMF's regional outreach programme, and the institute's interest in researching the rapid transformations in the global economy.Li indicated that the world today is witnessing a major shift toward new production models that require broader investments in knowledge and skills, along with more flexible government policies capable of absorbing successive technological and economic transformations. He noted that the IMF is developing a readiness index linked to artificial intelligence.He pointed out that the State of Qatar has invested in artificial intelligence, considering it an important tool in the education and health sectors, in addition to other sectors, noting the opportunities available to educational institutions in this context.The IMF Deputy Managing Director emphasised that smart technologies will reshape the structure of work in the coming years, which requires developing countries and emerging economies to develop diversification strategies capable of enhancing productivity and mitigating the risks associated with technological changes. He stressed the importance of developing legislation that aligns with digital transformations and redirecting investment towards education, training, and capacity building to support the workforce in the face of labor market changes. 

A view of the Ras Laffan Industrial City, Qatar's principal site for the production of liquefied natural gas and gas-to-liquids (file). The expansion of the North Field will drive a substantial increase in LNG production, further strengthening Qatar's role in meeting global market needs, according to the World Bank report.
Business

World Bank forecasts 2.8% growth for Qatar's economy in 2025

The World Bank expects Qatar's real GDP growth to reach 2.8% in 2025, with public fiscal surpluses remaining strong.The World Bank's report, released on Thursday under the title "Digital Transformation in the Gulf: A Powerful Driver of Economic Diversification," states that non-oil sectors in Qatar have maintained their strength even amid declining oil and gas prices. It adds that the expansion of the North Field will drive a substantial increase in liquefied natural gas (LNG) production, further strengthening Qatar's role in meeting global market needs.The report highlights three key themes: the evolution of economic diversification indicators over the past decade; tracking macroeconomic developments; and spotlighting digital transformation, all against a backdrop of global uncertainty and oil market volatility.The report reviews the progress of economic diversification efforts across GCC countries over the past decade, noting moderate advancement, with some promising recent indicators. However, the report stresses that the oil sector still dominates, shaping economic conditions, development strategies, and national plans.Meanwhile, non-oil exports remain modest, with chemicals topping the list, indicating that the process of shifting away from oil dependence still requires sustained efforts.The report also highlights the rapid digital transformation underway in the Gulf and the accelerated adoption of artificial intelligence.GCC countries boast high-quality telecommunications networks, with over 90% 5G coverage and affordable high-speed Internet. Significant investments in data centres and high-performance computing are strengthening AI readiness.Progress is further supported by robust ecosystems of incentives, finance, and innovation, as well as the adoption of generative AI applications within government operations.Commenting on the findings, World Bank's Division Director for the GCC countries, Safaa El Tayeb El Kogali, stated that diversification and digital transformation are no longer luxuries; they are necessities for long-term economic stability and prosperity. Strategic investments in non-oil sectors and innovation will be essential for sustaining growth and economic resilience.She added that the digital leap achieved by GCC countries is remarkable. Strong infrastructure, growing computing capabilities, and expanding AI talent pools position the region for leadership and innovation, provided environmental and labour-market challenges are addressed proactively.The report also points out that women's participation in STEM fields in the Gulf exceeds the global average, boosting the region's digital competitiveness. To maximise the benefits of diversification and digital transformation, the Gulf Economic Update recommends supporting SMEs in adopting AI to strengthen the innovation landscape and implementing skills-training programmes to address labour-market gaps.The report stresses that regional co-operation in digital infrastructure and the creation of AI centres of excellence are crucial to building unified digital markets and driving transformation across the Middle East, North Africa, Afghanistan, and Pakistan. 

Gulf Times
Qatar

R. Tulsian & Co. Qatar branch approved as official ICV certifier

R.Tulsian and Co proudly announces its approval as an official In-Country Value (ICV) Certifier in Qatar. This milestone further strengthens the firm’s commitment to supporting Qatar’s economic diversification goals while reinforcing its position as one of the most trusted audit and advisory firms in the region.The ICV program is a cornerstone of Qatar’s efforts to enhance local economic participation, encourage private-sector growth, and increase the use of local services, suppliers, and workforce. As a recognized ICV Certifier, R.Tulsian and Co. will now be authorized to assess, verify, and issue ICV certificates for companies across industries, enabling them to participate more effectively in Qatar’s procurement ecosystem.A Landmark for the FirmWith more than six decades of professional heritage and a growing international footprint across India,US,UK,Saudi Arabia,Oman,UAE, Bahrain and now Qatar, R. Tulsian & Co. has consistently been at the forefront of innovation and client service. The Qatar Branch has quickly emerged as a trusted partner for corporates, SMEs, and associates in the region, particularly in the areas of audit, assurance, and compliance.“Becoming an ICV Certifier in Qatar is both an honor and a responsibility,” said Shashwat Tulsian, Partner. “This approval recognizes our technical strength, global best practices, and local expertise. More importantly, it allows us to play a direct role in advancing Qatar’s vision for sustainable economic development.”Supporting Businesses, Driving ImpactThe firm’s role as a certifier is to deliver fair, transparent, and independent assessments in line with ICV requirements. Through this role, R. Tulsian & Co. helps ensure consistency in certification and contributes to the smooth functioning of the ICV framework in Qatar.About R. Tulsian & Co. LLPEstablished over 60 years ago, R. Tulsian & Co. LLP is a leading audit, assurance, and advisory firm with offices across the US, UK, India, Saudi Arabia, UAE, Oman, Bahrain, and Qatar. Thefirm’s Qatar Branch focuses on audit, compliance, and advisory services for corporates and SMEs, bringing global expertise combined with deep local understanding. Its approval as an ICV Certifier marks another step in its journey to support regional growth and economic transformation.For media inquiries, please contact:Shashwat TulsianPartnerR. Tulsian & Co- Qatar Branch+974-33063032