September 20, 2024

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Open for business: Qatar hopes to become a launch pad for tech startups

Open for business: Qatar hopes to become a launch pad for tech startups

From immersive fashion shows to supporting tech startups, Qatar 365 explores how the country is diversifying its economy. We also meet Fahad Al Kuwari of Invest Qatar to learn about his agency’s plans to foster innovation and entrepreneurship in the region.

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In this episode, Qatar 365 continues to explore the important role of technology in our daily lives. Adel Halim discovers how technology is changing the world of business and fashion at the second edition of the Technology, Education, Finance, Fashion and Arts (TEFFA) conference at M7 in Msheireb, Doha. Artistic freedom was a key theme at the three-day TEFFA conference hosted by the Doha Design District. Adel met with local and international leaders who gathered in Qatar to exchange ideas around this year’s theme “The Evolution of Artificial Intelligence.” The interactive program ranged from an augmented reality fashion show to the Middle East’s first-ever Fashionathon, a fashion hackathon.

Bringing new and emerging talent to Qatar has been a long-standing goal of the country. Qatar has underscored this goal by announcing a $1 billion investment to support entrepreneurs and startups in the region. The investment is supported by the Startup Qatar initiative launched by Invest Qatar, an online platform that provides information to help international startups launch or grow their businesses in the country. Adel sat down with Fahad Al Kuwari, Senior Investor Relations Manager at Invest Qatar, to discuss his belief that the IPA’s initiatives will drive innovation and entrepreneurship in the region.

2024 is proving to be a milestone year for Qatar’s startup scene, with more and more venture capitalists entering the fray. Leila Humaira visited Qatar Science & Technology Park, which provides a launchpad for startups looking to take their products from idea to reality. She met with the founder of EMMA Systems, who explained how his team’s AI-powered platform uses algorithms and real-time data to improve airport efficiency and increase safety. Leila also met with Michael Lentz, partner at Golden Gate Ventures, and Qatari venture capital firm Rasmal Ventures unveiled its first $100 million fund. Qatar’s growing startup scene shows that the country is prioritizing investment and taking control of its future by diversifying its economy.

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