Invest Qatar's 2024: A Year of Milestones and Achievements

Invest Qatar’s Mission in 2024

Invest Qatar has embarked on a transformative journey in 2024, marked by ambitious initiatives aimed at driving economic diversification, promoting innovation, and cementing the country’s reputation as a global business hub. This year’s achievements highlight the agency’s commitment to attracting international investments and supporting local enterprises.

Key Developments in 2024

The Launch of ‘Startup Qatar’
A defining highlight of the year was the introduction of ‘Startup Qatar’, a platform designed to nurture the country’s startup ecosystem. This program provides a comprehensive suite of resources, including funding, incubation support, government grants, and other essential services, accessible through startupqatar.qa. The initiative made a strong debut during the Web Summit Qatar, where it attracted over 200 business registrations through the Qatar Financial Centre (QFC).

Meanwhile, the Startup Qatar Investment Programme, launched by Qatar Development Bank (QDB), gathered over 750 applications, reflecting its appeal to entrepreneurs and innovators globally.

Technological Advancements and Reports
Invest Qatar focused on advancing Qatar’s technological ecosystem in collaboration with the Ministry of Communications and Information Technology (MCIT) and Deloitte. These efforts have culminated in detailed reports showcasing Qatar’s strides toward digital transformation across various sectors.

Global Engagement and Strategic Events

International Presence at Web Summit Qatar and Collision 2024
‘Startup Qatar’ gained international exposure through its presence at major global events, including Web Summit Qatar and Collision 2024 in Toronto, Canada. At these venues, Invest Qatar highlighted opportunities within the country’s thriving startup and entrepreneurial ecosystem.

Real Estate Promotions at MIPIM 2024
At MIPIM 2024 in France, Invest Qatar, alongside Qatari Diar, United Development Company, and Ariane Real Estate, promoted the nation’s real estate sector as a prime investment destination.

Commitment to Climate-Aligned Investments
Invest Qatar played an important role at the 2024 World Economic Forum (WEF) Annual Meeting in Davos. By joining a coalition of 14 global investment agencies and WAIPA, it emphasized the importance of climate-aligned foreign direct investment (FDI).

Technological Milestones

Introduction of Ai.SHA, an AI-Powered Assistant
In partnership with Microsoft, Invest Qatar launched Ai.SHA, an AI-powered assistant leveraging GPT technology via Azure OpenAI. Ai.SHA is among the first of its kind globally, enabling seamless interactions between investors and businesses, further enhancing Qatar’s reputation as a tech-savvy investment hub.

Fifth Anniversary and Invest Qatar Gateway Success
Celebrating its fifth anniversary in 2024, Invest Qatar marked milestones such as the success of its Invest Qatar Gateway platform. With over 7,000 users, the platform has become a vital tool for nurturing partnerships and connecting businesses with public and private sector opportunities.

Looking Ahead

The progress made in 2024 reflects Invest Qatar’s unwavering dedication to promoting a vibrant, innovative, and globally competitive business landscape. As the year progresses, the agency continues to build on its achievements, paving the way for sustained economic growth and international collaboration.