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Saturday, December 21, 2024 | Daily Newspaper published by GPPC Doha, Qatar.
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 Peter Alagos
Peter Alagos
Peter Alagos reports on Business and general news for Gulf Times. He is a Kapampangan journalist with a writing career of almost 30 years. His photographs have been published in several books, including a book on the 1991 Mt. Pinatubo eruption launched by former Philippine president Fidel V. Ramos. Peter has also taught journalism in two universities.
Professor Lorenzo Marconi of the University of Bologna, co-founder of Italian company FieldRobotics, standing beside the HammerHead during EIMA International 2024 in Bologna, Italy. The cutting-edge robot made its debut in Qatar during the ‘International Horticultural Expo 2023 Doha Qatar’ in early 2024. PICTURE: Peter Alagos
Business
Italian robotics expertise seen to help drive Qatari innovation in agriculture sector

Bologna, Italy: Italy’s cutting edge technologies in the field of robotics is seen to play a key role in driving innovation in Qatar’s agriculture sector, a professor from the University of Bologna has said.According to Lorenzo Marconi, Italy and Qatar will benefit from the sharing of best practices and expertise, as well as in research and development (R&D), especially between universities from both nations. Marconi, who is also the co-founder of Italian company FieldRobotics, made the statement on the sidelines of EIMA International 2024, which will run until November 10 at the Bologna Exhibition Centre.Marconi and his team are participating at EIMA to showcase the ‘HammerHead’, an autonomous ground rover vehicle designed for agricultural applications in orchards, vineyards, and even in remote environments with poor GPS signals.The HammerHead made its debut in Qatar in early 2024 during the ‘International Horticultural Expo 2023 Doha Qatar’, where Marconi showcased the revolutionary autonomous field robot’s versatile applications in agriculture and its potential uses in other industries.Asked about potential collaboration between FieldRobotics and Qatar’s private sector and the academe, Marconi said: “I absolutely see a future in strong synergy with the University of Bologna and universities abroad.“That is just the first step because there is a need to keep building applications, sensors, algorithms, and other implements. And all that kind of improvement needs formation, training, and support from the universities and research centres. So, it’s very important to have a tight connection between them,” Marconi told Gulf Times.When the HammerHead showcased its capabilities at the Expo 2023 Doha, it was still a prototype, Marconi explained. He noted that the robot underwent further improvements in the production line, as well as certifications in safety, making it a reliable industrial product.Marconi pointed out that the HammerHead is like a small tractor, where its users could attach or plug any kind of conventional or even futuristic implements aimed at bringing robotics and industrial automation into the field, and not only in indoor settings. The company has placed a lot of emphasis and attempts in creating a platform that is reliable, robust, and attractive to enable all these technologies outdoors, Marconi said.The HammerHead is equipped with AI algorithms, cameras, laser scanners, and sensor fusion for robust environmental mapping and precise autonomous navigation, said Marconi, further describing it as a “perfect example of a mechatronics system.”With the latest improvements to the HammerHead, Marconi said the robot has been integrated with implements for mechanical weeding, spraying, trimming, data harvesting, and other elaborations, among other features.To adapt to Qatar’s desert climate, the HammerHead can be equipped with many other implements for soil management, data harvesting, and the counting of fruit or canopy density, as well as in managing irrigation, treatments, and soil management, among other applications.“For the robot’s applications in Qatar, we can put many other implements on board...if ever resources are not enough or must be managed in a precise way, this is a machine that can enable these kinds of solutions,” Marconi pointed out.He also said, “The HammerHead is equipped with certain thermal sensors, which could detect if certain parts of the plant are experiencing water shortage or not, which helps in managing resources that are limited, like water, in a very smart way.“It can also detect the density of the canopy. This information will enable the sprayer to spray in a very surgical and precise way without wasting chemical products. This machine helps avoid chemicals for the anti-weeding because it makes mechanical weeding into a specific weeding. This machine has a big computer on board and could be equipped with any kind of intelligence that you can imagine.”Asked about the company’s plans to expand its footprint in markets like Qatar, Marconi said the company’s market strategy for 2025 is to expand the platform in Italy and to identify international partners abroad, such as Qatar.

FederUnacoma Deputy General Manager Fabio Ricci. PICTURE: Peter Alagos
Business
Italy’s FederUnacoma eyeing closer ties to boost Qatar's agriculture sector

Bologna, Italy: FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, is eyeing closer partnerships with Qatar to help the Gulf nation address its requirements in the agriculture industry, an official has said.“As an Italian industry, we can provide the appropriate solutions for Qatar, especially in areas such as irrigation, vertical farming, smart farming through greenhouses, and robotics, among others. We are global leaders in providing and designing solutions for greenhouses, especially for vegetables. In 2025, we are planning to increase FederUnacoma’s promotional activities in those particular areas” its deputy general manager Fabio Ricci told Gulf Times on the sidelines of EIMA International 2024, which was formally inaugurated here on Wednesday. EIMA International 2024 or the ‘International Agricultural and Gardening Machinery Exhibition’ is on its 46th edition and will conclude on November 10.According to Ricci, Qatar’s desert climate and lack of arable lands pose a wide range of challenges to growing different types of produce, as well as to the nation’s food security strategy, citing desertification as a priority issue.Ricci said: “We know that some of the main challenges in this area are desertification and greenhouses because most of the vegetables in Qatar are grown in greenhouses. Vertical farming and managing water for irrigation systems are among the many areas that Italy can provide with support, technology, and expertise.“We are aware that Qatar has some niches where Italian technology could play a fundamental role to increase the level of mechanisation in those areas. Aside from water consumption, Qatar needs fertile land to increase the number of hectares of cultivated lands.”In early 2024 through the auspices of the Italian Trade Agency (ITA) in Doha, Ricci led a delegation from FederUnacoma and industry experts from Italy’s private sector and the academe during 2023 Expo Doha to promote EIMA International 2024 and to showcase Italy’s most advanced machines and equipment to cultivate arid soils and to create highly automated farming models.This year’s exhibition kicked off in Bologna with over 1,750 participating industries, 700 of which are international companies covering every market segment. EIMA International 2024 is showcasing cutting-edge vehicles, machinery, and advanced digital systems for an increasingly scientific agriculture industry connected to the service system and other production sectors.Speaking at the Palazzo dei Congressi in Bologna, FederUnacoma general director Simona Rapastella, presented the exhibition’s leading role in machinery and technologies for agriculture, forestry, livestock farming and greenery maintenance.“The EIMA international exhibition raises expectations ever higher by offering technological solutions to the great challenges of agriculture and the environment. Population growth, climate change, polluting emissions, animal welfare, and the protection of biodiversity are all crucial issues for the future of the planet and can only be addressed with new generation agro-mechanical technologies,” Rapastella emphasised.Organised into 14 product sectors and five thematic shows: Components, Digital, Energy, Green, and Hydrotech, EIMA offers a wide platform to increase agricultural productivity while drastically reducing its impact on the environment. There are approximately 60,000 models of vehicles, equipment, and components produced by over 1,750 exhibiting industries, 700 of which are from 50 countries, on display at the Bologna Exhibition Centre.Rapastella stressed that the technical content of the exhibition has set a new record for ‘Technical Innovations’ awarded. Similarly, the numerous previews and new products presented by participating manufacturers, as well as the presence of the EIMA Campus, where eleven universities are represented, together with research centres and training facilities, have elevated the event to greater heights.During the five-day event, many representatives of the Italian government and institutions will be present, including delegations of European and national parliamentarians, and diplomats from foreign countries, to explore the most suitable technological solutions for their respective regions. They will also take part in the discussion on agricultural models, the economic and geopolitical variables that influence trade, and cooperation strategies.According to Rapastella, this year's EIMA event will also feature digital and robotic technologies, including applications of Artificial Intelligence (AI) and Big Data, which now makes it possible to connect the activities of agricultural companies to weather forecasting systems, mapping and control of territories, and the monitoring of products for health purposes, management of agro-industrial supply chains, distribution on markets, as well as control of the operating parameters of machinery for technical assistance and work safety.Rapastella said: “Modern mechanisation thus allows companies to remain competitive and to keep pace with the ecological needs of the planet and allows agriculture to be included within a macro-system that involves everyone, from consumers to institutions, and even the world of school and training. This is why this exhibition is no longer merely an ‘industry event’ but rather an ‘Innovation Factory’, open to agro-industrial supply chains and related economic sectors, and very much looking towards the future.

From left: Bologna Fiere president Gianpiero Calzolari, FederUnacoma president Mariateresa Maschio, and FederUnacoma general director Simona Rapastella during the pre-EIMA International 2024 press conference held in Bologna.
Business
Southeast Asia, Africa seen as emerging markets for agricultural machinery, says FederUnacoma top official

Bologna, Italy: FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, has recorded a spike in imports of agricultural machinery from several countries in Southeast Asia and Africa, an official has said.According to FederUnacoma president Mariateresa Maschio, population growth has been driving imports of agricultural machinery in Indonesia, Vietnam, the Philippines, and Thailand in Southeast Asia, and in Nigeria, Ethiopia, and the Democratic Republic of Congo, in the African continent.Speaking at a pre-event press conference of the five-day EIMA International 2024 ‘International Agricultural and Gardening Machinery Exhibition’, which will run until November 10 at the Bologna Exhibition Centre, Maschio said in the coming years, geography will play a key role in Europe and North America’s roles as leading markets for agricultural machinery.“Yet an increasing role will be played by countries, such as Indonesia, Vietnam, the Philippines, and Thailand, which are already recording growth in imports of specific machinery. Population growth – the source of this growing demand for agricultural technologies – will also be decisive in Africa, starting with Nigeria, Ethiopia and the Democratic Republic of Congo, Maschio pointed out.She said, “The agricultural machinery sector is expected to grow significantly in the coming years, but the geography of the markets will change. The major markets in Europe and North America will maintain a high level of investment to ensure high quality standards, and the two Asian giants – India and China – will tend to stabilise mechanisation on the large quantities achieved in recent years, but the emerging markets will be those of Southeast Asia and Africa.”Maschio said Indonesia’s 300mn population makes it one of the most populous in the world and “destined to further increase its demographic weight in the coming years.” In Indonesia, imports of agricultural machinery have been growing steadily for the past 15 years, stated Maschio, and have gone from €140mn in 2009 to €700mn in 2023, or an average growth of 8.6% per year, with a further 6.7% per year increase forecast between 2024 and 2027.Similarly, Vietnam, with its 100mn population, expects imports to increase by 6.2% annually over the next four years. The Philippines (110mn inhabitants) should increase imports by 7.8% during the same forecasted period, while Thailand (71mn), after a very slow growth in the last 15 years equal to just 1% average per year, is expected to move to an annual increase of 6.8% in the 2024-2027 period.“The demographic variable is even more influential on the African continent, if it is true that Sub-Saharan Africa alone will account for 50% of the world's population growth in 2050. On the African continent, Nigeria, which already has 230mn inhabitants and will have over 400mn in 2050 (making it the third most populous country in the world) stands out, followed by Ethiopia and the Democratic Republic of Congo, both well over 100mn inhabitants and destined to see significant growth in the next twenty years, entering the ranks of the 10 most populous countries on the planet.“In Nigeria, only 46% of cultivable land is currently used and in the Democratic Republic of Congo, a meagre 10% of arable land is currently used for agriculture. Thus, putting new territories into production is a priority for them and other countries on the continent, with an increase in demand for technologies in the immediate future (between 2024 and 2027, the import of agricultural machinery will grow by 7% per year in Ethiopia and 12% in Congo), but even more over the next 20 years,” Maschio explained.

Steve Mackie, founder of www.businessstartupqatar.com (right), moderating the panel discussion. From left are Mohamed Elmalik, venture partner at Antler, Malgorzata “Mal” Filipowska, portfolio & platform manager at Seedstars, and Dr Hanan el-Basha, managing director of Founder Institute GCC Chapter, during an event hosted by Startup Grind Qatar Chapter. PICTURE: Thajudheen
Business
Industry experts highlight key strategies for startup success, funding

Industry experts navigated the intricacies and challenges of funding businesses during a panel discussion hosted by Startup Grind Qatar Chapter titled ‘Fuelling Startup Growth: Acceleration and Early-stage Funding Strategies’.The panel was composed of Malgorzata “Mal” Filipowska, portfolio & platform manager at Seedstars, Mohamed Elmalik, venture partner at Antler, and Dr Hanan el-Basha, managing director of Founder Institute GCC Chapter. The discussion was moderated by Steve Mackie, founder of www.businessstartupqatar.com.During the discussion, Filipowska underscored the importance of accelerators and strategic investment in nurturing startup ecosystems, particularly in emerging markets. She said local entrepreneurs can scale their businesses and access international markets by wisely utilising tailored support and funding.She also encouraged entrepreneurs to value adaptability and learn from others’ experiences. “We don’t want to work with founders who think they know everything,” Filipowska explained, noting that ideal startup founders are open to feedback and eager to learn from industry experts.When asked if competition is necessary in the industry, she stated that a lack of competition raises concerns among investors. “We love it when there’s competition... it means that the market exists,” said Filipowska, who emphasised that competition provides crucial insights into a company’s growth prospects.While entering untested markets may involve significant risks, Filipowska pointed out that competition enables investors to effectively assess market demand and trends. She stated, “When we look at companies creating entirely new categories, it gives us a completely different perspective on how far the company can grow.”Filipowska also stressed the importance of personal development for entrepreneurs, recommending free resources like Y Combinator’s Startup School and Lenny’s Newsletter, as well as Reforge, a paid platform where industry leaders share best practices in product and growth strategy.For his part, Elmalik underlined the critical role of self-reliance and adaptability in the startup world, noting that while external support allows key insights, founders must have the core drive to succeed.Asked how Antler prepares founders for the challenges of entrepreneurship, he said: “We don’t get them ready.” Elmalik stressed that entrepreneurs should learn how to be resilient, with a focus on self-discovery.Elmalik also underlined the value of self-reliance, noting that not all businesses would need or benefit from venture funding, and advised founders to explore other funding methods. He noted the importance of forging personal, long-term relationships with potential investors, suggesting that they should build trust and mutual understanding with investors in the hope that this could lead to funding opportunities before formal rounds.El-Basha, for her part, advocated for thorough market research and validation before diving into development, stressing that the proverbial “build it and they will come” no longer applies in most cases today. Instead, she encouraged startups to ensure their idea is grounded in real customer insights.She noted that providing constructive support for founders with the right knowledge and entrepreneurial mindset could help clarify their vision and find a clear path forward. “Rather than giving [startups] a hard time, we emphasise the research part. A lot dive into the deep end without doing the research, without doing the market validation, the customer validation,” she pointed out.El-Basha stressed that financial awareness is essential for founders, emphasising that they should manage funds wisely, balancing hiring and operational expenses with available resources. She said building financial literacy within startup ecosystems to help founders will help ensure sustainable and effective financial decisions.She added: “Being aware and open to possibilities allows you to advance while staying true to your vision and the core of your idea. It’s crucial to remain open to feedback. I often say others can detect your blind spots. If you choose to ignore feedback on these blind spots, you might remain stuck for a long time.”

Sweden's Defence Minister, Pål Jonson during the interview with Gulf Times. PICTURE: Thajudheen
Qatar
Sweden seeks deeper defence ties with Qatar

Sweden's Defence Minister, Pål Jonson, has presented a comprehensive strategy aimed at strengthening defence cooperation with Qatar in an exclusive interview with Gulf Times.Jonson, who was in the country recently for this year’s edition of Milipol Qatar, emphasised that the initiative builds on a letter of intent for military co-operation that was signed on the sidelines of His Highness the Amir Sheikh Tamim bin Hamad al-Thani’s state visit to Stockholm last month.With a letter of intent in place, Jonson said potential partnerships between Sweden and Qatar in areas like cybersecurity, maritime protection, and space-based capabilities, are significant factors when addressing various security challenges and regional stability. The minister also lauded Qatar for its role in international mediation efforts, referring to Doha as “a centrepiece of dialogue and discussions.”Sweden and Qatar have numerous potential areas for collaboration, emphasised Jonson, who also noted that engaging in a series of partnerships in various fields presents several advantages. The minister pointed out that a comprehensive strategy for defence cooperation between Sweden and Qatar presents a significant shift in both nation’s relationship in terms of military collaboration, potentially leading to deeper technological and security partnerships.According to the minister, underwater protection of critical infrastructure could be one potential area of cooperation, noting Qatar’s developments in this domain. He emphasised that Sweden has developed a “steep learning curve” in underwater infrastructure protection, citing lessons from the Nord Stream and the Balticconnector incidents.Similarly, cybersecurity is another essential area for collaboration, stated Jonson, who highlighted Sweden’s distinct sectoral approach to digital defence. He explained that the Swedish government has divided critical infrastructure protection into several distinct sectors, each addressing specific security needs in the country. Describing Sweden as “one of the most digital countries in the world,” the minister also emphasised the importance of bridging the gap between digitalisation and cybersecurity.Asked about potential collaboration on space-based military capabilities, the minister said Sweden has recently launched a new strategy for security and defence aspects of space, underlining the dramatic increase in the global deployment of satellites. According to Jonson, Sweden also designated funding for military satellite capabilities and possesses the only space launch facility located within the EU.Highlighting Sweden’s substantial investments in research and development (R&D) and focus on fostering STEM education, Jonson noted the importance of long-term partnerships and technology transfer in defence cooperation, following the country’s “triple helix model” involving government, industry, and academia.According to the minister, Sweden’s recent NATO membership could further enhance bilateral opportunities with Qatar, particularly given the Gulf nation’s status as a major non-NATO ally of the US and its role in regional security. “Sweden brings extensive experience in international defence cooperation, having been NATO’s closest partner for three decades,” Jonson added.


POCB Executive Director Doris U Gacho. PICTURE: Thajudheen
Business
Philippines keen on backing Qatar’s construction talent needs, says POCB official

An official of the Philippine Overseas Construction Board (POCB) has said that the Philippines is eager to support Qatar in its efforts to acquire talent in the construction sector.POCB executive director Doris U Gacho said: “The Philippines has a wealth of talent; we have the technical capabilities. Our global workforce is known for their care and technical acumen, especially in architecture and engineering services.”“We are very much interested in finding out about the requirements of the Qatar market and hopefully with this participation, we can establish connections and take advantage of these opportunities,” noted Gacho, who led a delegation from the Philippines that participated in the recently held Big 5 Exhibition in Doha.Gacho explained that the POCB has assembled a delegation of Philippine construction services exporters and firms specialising in architectural and engineering services to explore opportunities in Qatar’s market. A key focus is leveraging the Philippines’ extensive talent pool in the construction sector, she further pointed out.According to Gacho, the POCB is taking significant steps to strengthen construction and engineering partnerships with Qatar, following the groundbreaking visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to the Philippines in April.“This is our first time to explore the Qatari market and our presence here aims to build on the historic visit of His Highness the Amir’s state visit. We are hoping to build on the positive relationships established between our two nations and hopefully get to participate in the Qatar construction market,” Gacho told Gulf Times.By leveraging global Filipinos, Gacho emphasised that the POCB’s strategy centres on promoting construction and outsourcing services, particularly in architecture and engineering, by capitalising on the existing Filipino workforce in Qatar.Gacho said: “One of the members of our delegation is the Professional Regulation Commission (PRC).They are here not only to promote their services but also to engage with our Qatari counterparts during our meetings.“We aim to explore ways to better align our licensing standards, ensuring that when we collaborate, our professionals and skilled workers meet the required skills and competencies expected by the Qatari market.”Gacho also lauded the support provided by the Philippine embassy in Qatar. During the Philippine Forum titled ‘Building Beyond Borders: The Philippine Advantage’ hosted by the POCB on the sidelines of the exhibition, Philippine ambassador Lillibeth V Pono stated in a speech that “Filipinos have played and continue to play an outsized role in spurring the development and progress, not only of Qatar but of the broader GCC region.”Pono also said: “As construction and infrastructure continue to drive the global economy, both the Philippines and Qatar are well-positioned to benefit from each other’s strengths with Filipino companies and professionals offering expertise in project management, architectural design, and engineering solutions, while Qatar provides a thriving and vibrant market with immense potential for growth and innovation.”The POCB is an implementing arm of the Construction Industry Authority of the Philippines (CIAP), which is one of the attached agencies of the Department of Trade and Industry (DTI).POCB is mandated by Presidential Decree No 1167 to promote “the interest of the Philippine construction industry in overseas markets to increase and sustain the export of Philippine-made construction materials and equipment, and technical, managerial, and highly professional construction services.”

Gulf Times
Qatar
Devji Aurum is the Rolls-Royce of Arabic jewellery, says Ali Alfardan

Devji Aurum, which recently opened its first shop-in-shop boutique in the country, is the epitome of elegance and luxury, according to Alfardan Jewellery president Ali Alfardan.“They are the Rolls-Royce of Arabic jewellery; their craftsmanship and attention to detail truly set them apart as the best in this field,” Alfardan told Gulf Times on the sidelines of the brand’s grand opening at the Alfardan Boutique inside Doha Festival City.Alfardan, who is also vice-chairman of the Alfardan Group, said Alfardan Jewellery has been working with Devji Aurum for the past 50 years, noting that the brand has developed jewellery that people like to wear during Ramadan, Eid, weddings, and other celebrations.“We are very proud to have this boutique with Devji Aurum. They have improved the traditional heavy Arabic jewellery, making it smaller and more attractive. Their designs are always up-to-date, catering to the current market trends by using natural materials. They are a unique and special company; they are like a family to us,” Alfardan emphasised.Mahesh Devji, managing director of Devji Aurum, emphasised that working with the Alfardan family “has been an honour,” citing that both families have been in partnership since the 1960s. Devji described the grand opening of Devji Aurum at the Alfardan Boutique as a “very important milestone” for the brand. He also expressed gratitude for the mentorship given by Alfardan Group chairman Hussain Ibrahim Alfardan, saying the experience was “truly inspiring.”“We are looking forward to opening many more stores in Qatar with different themes and concepts, and we will try our best to create the best pieces that the region has seen. We have been based in Bahrain, so we are familiar with Arabic taste. And we understand how to manufacture those pieces. But we have also learned a lot from Qatar because the customers’ needs here are amazing,” Devji added.Alfardan Group chairman Hussain Ibrahim Alfardan lauded Devji Aurum for creating a speciality brand for the Arabic market and for continuously innovating and improving their collections to match the requirements and tastes of the region.“They have elevated their designs to the international market by venturing into a more refined aspect of the tradition with a new generation of jewellery. I believe that these designs the collections they are creating will lead to success, capturing the essence of the Gulf,” he added.

CQBF executive director Yasser Dhouib.
Business
CQBF executive emphasises Canada’s growing interest in Qatar’s knowledge economy

An official of the Canadian-Qatari Business Forum (CQBF) has underscored Canada’s growing interest in the Qatari market, saying this could lead to mutually beneficial collaborations, economic growth, and knowledge exchange.CQBF executive director Yasser Dhouib, who lauded Qatar’s mediator role in regional conflicts in an opinion column in an Ottawa-based newspaper, also emphasised the need to highlight the extensive potential of a Canada-Qatar partnership in diverse economic sectors.“As Canadian interest in Qatar increases, a unique opportunity emerges to leverage Qatar’s knowledge-based economy, which aligns seamlessly with Canada’s innovation-driven industries.“Qatar’s rise as a global financial and tech hub, with a focus on expanding ties in energy and infrastructure, offers Canada tangible benefits. Qatari businesses bring capital, expertise, and a global outlook, contributing to the growth and diversification of Canadian industries,” Dhouib pointed out.Dhouib noted that Qatari investments in Canada have contributed to economic growth and employment generation, spurred research and development (R&D), and played a key role in enhancing the nation’s infrastructure.“As Canada strengthens bilateral relations in the Gulf Cooperation Council, it must ensure Canadian businesses feel confident in this strategic partnership, with investments protected in a stable, compliant environment.“Qatar stands out as a secure destination, earning top ratings from the Financial Action Task Force for its adherence to international financial standards, reassuring global investors, including Canadians,” Dhouib stated.Citing common values in international development, Dhouib said Qatar and Canada have signed a memorandum of understanding (MoU) to bolster collaboration on fostering social and economic advancement in developing countries.“As part of this alignment, Global Affairs Canada and Qatar’s Education Above All Foundation have each committed $40mn to co-fund education initiatives, including UNICEF’s Generation Unlimited, supporting marginalised communities and fostering long-term development.“The 50th anniversary of Canada-Qatar relations should not only celebrate what has been achieved but also challenge both nations to engage in honest, forward-thinking dialogue. For Canada, this means critically assessing how it can leverage its partnership with Qatar to strengthen its international influence. For Qatar, it means continuing to evolve as a regional power that can navigate the complexities of diplomacy without alienating its partners,” Dhouib stressed.He added: “At this critical juncture, both Canada and Qatar have much to gain from a deeper relationship, but only if both countries are willing to engage with the full complexities of their partnership—not as propaganda, but as part of a genuine effort to foster constructive foreign relations.”

Spanish ambassador Javier Carbajosa Sanchez. PICTURES: Thajudheen
Business
LuLu executive commends Qatar’s resilient food security strategy

A top official of LuLu Group in Qatar has lauded the efforts of the Qatari government in ensuring that the country’s food security is not affected by geopolitical challenges in the region and the wider Middle East.Dr Mohamed Althaf, LuLu Group director of Global Operations, stated that Qatar’s government is working to maintain healthy stock levels of essential products. Dr Althaf emphasised that in recent years, Qatar has significantly increased its food production capacity, thus, becoming more self-reliant and better prepared to handle potential supply challenges.Similarly, Dr Althaf said that while political tensions exist, LuLu Group is also ensuring that geopolitics elsewhere will not affect food supply in countries where the retail giant is operating.“Even if there are any unfortunate geopolitical tensions or even extreme weather conditions, LuLu Group makes sure that we have a very robust supply chain. We are very confident about this after developing a time-tested system to ensure product availability; have survived the pandemic and other challenges without experiencing shortages,” Dr Althaf told Gulf Times on the sidelines of a recent event of the Spanish embassy and LuLu Hypermarket.According to Dr Althaf, LuLu has been expanding its consolidation efforts in Spain, citing two sourcing facilities there. Additionally, Dr Althaf pointed out that LuLu is increasing the group’s presence in Spain and sourcing products directly from Spanish fruit and vegetable suppliers.He explained that LuLu Hypermarkets in Qatar are offering high-quality products from Spain, including organic items, at competitive prices, a strategy that helped LuLu to keep inflation under control regardless of external factors. He also emphasised that Spanish products, particularly bulk items like olive oil, meat, and vegetables, are well-received in Qatar, adding that Spain is a well-known exporter of premium food products.“The popularity of Spanish products in LuLu stores across Qatar, coupled with the company’s commitment to maintaining food supply despite regional conflicts complements Qatar’s increasing self-reliance in food production, thus contributing to supply stability in the country,” Dr Althaf added.Speaking on the sidelines of the event, Spanish ambassador Javier Carbajosa Sanchez highlighted the growing economic relationship between Spain and Qatar, citing food security and agriculture.He noted that Qatar-Spain trade volume currently stands at $1.6bn, “with room for improvement.” According to the ambassador, Spain and Qatar have ongoing efforts to increase investments and improve trade relations through meetings and dialogues between the business sectors of both countries.“I think that we have a lot of room for improving bilateral trade volume. In terms of investment, we are working to make things even easier for both sides. There is an ongoing conversation between the Qatar Investment Authority (QIA) and our sovereign fund in Madrid, called Compañía Española de Financiación del Desarrollo (COFIDES). We are working to accelerate, expedite, and improve the level and the quality of investments of Qatar in Spain,” Sanchez pointed out.

Ibrahim Jassim al-Othman and Dr Jack Lau during the signing ceremony on the sidelines of Cityscape Qatar 2024 Tuesday. PICTURE: Thajudheen
Qatar
UDC, QSTP sign MoU to foster technological innovation, sustainability

United Development Company (UDC), the master developer of The Pearl Island and Gewan Island, has signed a Memorandum of Understanding (MoU) with Qatar Science & Technology Park (QSTP), a member of Qatar Foundation, to foster collaboration on innovative and sustainable solutions in real estate development.The MoU was signed by Ibrahim Jassim al-Othman, UDC president, CEO, and member of the board, and Dr Jack Lau, president of QSTP, on the sidelines of Cityscape Qatar 2024, which concludes Tuesday at the Doha Exhibition and Convention Centre (DECC).The strategic partnership marks a significant milestone in UDC’s ongoing commitment to integrating smart and sustainable technologies into its developments, further enhancing The Pearl Island and Gewan Island as premier destinations for living, working, and entertainment. The collaboration will focus on areas, such as technological advancements, research and development in environment and sustainability, and the implementation of smart city technologies.Al-Othman said, “This MoU aligns with UDC’s vision of creating sustainable, technologically advanced communities that meet the evolving needs of our residents and investors. Through this partnership with QSTP, we aim to leverage cutting-edge technologies to enhance the quality of life in The Pearl and Gewan Islands, while also contributing to Qatar’s national environmental and sustainability goals.”The collaboration will explore various initiatives, including the development of smart sustainable cities, capacity building through training programmes, and research and development (R&D) to support sustainable innovations. Both parties will work closely to ensure the implementation of these projects under joint agreements to achieve impactful, environmentally friendly solutions.Lau said, “At the heart of our mission is the commitment to foster innovation that contributes towards the advancement of a vibrant technological ecosystem in Qatar. We are delighted to establish this collaboration with UDC - a distinguished leader in the real estate sector - to expand our efforts and collectively explore opportunities to advance technological research and development, hi-tech skills building, and the implementation of innovative solutions that will contribute to the growth of smart cities and communities. We look forward to our joint work in promoting smart technologies for a more sustainable environment for all.”As part of the MoU, UDC and QSTP will focus on delivering sustainable, high-tech solutions that will be implemented across both The Pearl Island and Gewan Island. These solutions will include smart energy management, waste reduction systems, and advanced digital infrastructure aimed at enhancing operational efficiency and environmental sustainability.The collaboration is expected to bring about tangible benefits for investors and residents alike, offering advanced amenities, improved resource management, and a modern, eco-friendly living experience. The integration of these technologies will also create new investment opportunities for businesses looking to engage in sustainable urban development. The MoU reflects UDC's commitment to innovation and sustainability, aligning with Qatar’s Vision 2030 to foster a knowledge-based, environmentally conscious economy.On the sidelines of the signing ceremony, al-Othman told Gulf Times that UDC’s collaboration with QSTP underscores the company’s commitment to the environment, focus on technology and innovation, and continuous initiatives that support sustainability.“UDC is incorporating AI technology for various purposes, including an unmanned boat for water quality monitoring. We are also using AI to support sales and after-sales services and to improve efficiency in building management and maintenance,” he emphasised.Similarly, Lau spoke to this paper about AI applications in real estate and urban management, including the benefits of AI technology and the challenges in AI implementation. He also discussed QSTP's role in AI development, as well as the future of AI and automation.Before the signing ceremony, HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman al-Thani visited the UDC pavilion, which underscored the company’s pivotal role in shaping Qatar's real estate sector. During the visit, the Prime Minister was introduced to UDC's state-of-the-art smart technology and immersive experiences, which are at the heart of the innovative developments on Gewan Island.Additionally, Al-Othman participated in a key discussion panel at the Qatar Real Estate Forum, where his insights on real estate investment opportunities further emphasised UDC's strategic vision and commitment to fostering growth and innovation within Qatar’s thriving real estate landscape.

Gulf Times
Qatar
Cityscape day two: More projects, deals announced

Day two of Cityscape Qatar 2024 was in full swing Monday, building on the momentum of a successful opening, with exhibitors and attendees eager to dive deeper into the latest trends, innovations and investment opportunities shaping Qatar’s dynamic real estate landscape.Qetaifan Projects made two major announcements on Monday, revealing two flagship projects: SLS Doha and The Groove Residence. It also announced BBD International as the operator of the Qetaifan Island North school, through a build-operate-transfer (BOT) agreement, and hosted a fireside chat on ‘Education in Real Estate Development: Shaping Master Communities’.The session provided insightful discussions between Hesham Sharaf, chief operating officer of Qetaifan Projects, and Ralph Tabberer, owner and chief executive of BBD Education, with Adam Stewart moderating.On the other hand, Qatari Diar announced a strategic partnership with ST Engineering to develop and operate a smart city platform in Lusail City, utilising Artificial Intelligence (AI) and data analytics.Additionally, the company revealed significant investment opportunities in their Lusail developments, including the luxurious waterfront townhouses in the Seef project, which set a new standard for upscale living in a city celebrated for its modern infrastructure and sustainable design.Moreover, Commercial Avenue, a subsidiary of Qatari Diar, signed three long-term leases with Kate Real Estate for Joud residential units, Harley Davidson, and Nesto Group.Ariane Real Estate announced two of its esteemed residential units in Lusail named Lago 2 and Sierra 2.Barwa Group signed agreements with Al Waha for Strong Motors and Jetour. Additionally, Barwa entered into an agreement with Lesha Bank for the Waseef and Barwa Hills projects.Alexander Heuff, exhibition director of Cityscape Qatar, said: “Cityscape Qatar continues to deliver valuable experiences. It was yet another successful day for business and real estate in Qatar, filled with insightful discussions, exclusive project launches, and networking opportunities throughout all three conferences. We encourage everyone to explore all that Cityscape Qatar 2024 has to offer.”Meanwhile, the Qatar Real Estate Forum hosted a panel titled ‘Sustainable Infrastructure Insights and Goals’, featuring Dr Engineer Saad Ahmed al-Mohannadi, President of Public Works Authority (Ashghal).Al-Mohannadi discussed the role of AI in making construction more sustainable and highlighted the importance of innovative construction that enhances accessibility of locations.He emphasised that the main factors Ashghal considers in construction projects are technology, safety, sustainability and facilitation of accessibility.ON Tuesday, the Qatar Real Estate Forum will host several informative sessions on ‘Financing Strategies and Regulatory Frameworks in the Real Estate Sector’, featuring Joseph Abraham, Group CEO, Commercial Bank; and ‘Property Platforms: Driving Investment and Development’, among others.Qatar Real Estate Forum will also host a workshop with the Department of Architecture and Urban Planning, Qatar University, titled ‘Future Architects – Student Competition’.Cityscape Qatar is supported by Qetaifan Projects as Platinum Sponsor for the second year.Similarly, United Development Company (UDC) is the Official Registration Sponsor and features leading developers in Qatar, such as Qatari Diar, Barwa Real Estate, Al Waab City, Sobha LLC, and Bin Al Sheikh, who have been highlighting their most important projects and newest property offerings.Visitors can still register for free online and attend Cityscape Qatar, the Qatar Real Estate Forum, Index Design Qatar, and Big 5 Construct Qatar to take advantage of the opportunity to network with industry leaders, explore the latest real estate projects, and gain insights into the future of sustainable urban development. Cityscape Qatar concludes Tuesday at the Doha Exhibition and Convention Centre.

(From left) Erika Baylon of the Philippines Overseas Construction Board (POCB), Catherine Palomo of the Philippine Embassy in Qatar, Consul General Cassandra Sawadjaan, POCB Executive Director Doris Gacho, and POCB Division Chief Irma Merza. PICTURE: Thajudheen
Qatar
Philippine delegation debuts at Big 5 Construct Qatar

By establishing ties with industry leaders in Qatar, the Philippines supports Qatar National Vision 2030 and aims to position itself as a preferred partner in addressing Qatar's growing infrastructure demands, an official of the Philippines Overseas Construction Board (POCB) has said on the sidelines of Big 5 Construct Qatar has said.POCB Executive Director Doris U Gacho made the statement amidst the Philippines’ inaugural participation in Big 5 Construct Qatar, which concludes Tuesday at the Doha Exhibition and Convention Centre (DECC).Gacho emphasised that the Philippines’ debut in the event to unveil the country’s expertise in construction, architectural, and engineering services, is a milestone that marks a significant step in strengthening the Philippines’ presence in Qatar’s construction market.Spearheaded by the POCB and supported by the Department of Trade and Industry's (DTI) Foreign Trade Service Corps (FTSC) and the Competitiveness Innovation Group's (CIG) ‘Tatak Pinoy Programme’, Gacho said the country’s maiden participation aligns with the Philippines' goals of expanding its export of construction services and architectural and engineering services outsourcing (AESO).She said, “The Big 5 Construct Qatar is a pivotal platform for the Philippines to showcase the world-class talents and capabilities of our construction industry. We are committed to creating synergies between Philippine key players and their counterparts in Qatar and the UAE.”Gacho also said the Philippine delegation represents leading Filipino contractors, architectural and engineering companies, and government agencies, including organisations, such as Aidea Integrated Technologies, Inc, ESCA Engineering, RD Interior Junior Construction, Sta Clara International Co, the United Architects of the Philippines (UAP), and the Professional Regulation Commission (PRC).The delegation highlights the Philippines’ expertise in areas, such as horizontal directional drilling (HDD), road development, large-scale infrastructure projects, architectural design, engineering services, and Building Information Management (BIM).Gacho said the PRC plays a vital role in ensuring that the Philippines’ skills and competencies are globally recognised as professional practices through Mutual Recognition Agreements (MRAs) with key partner countries, including Qatar.To showcase the Philippines’ robust construction, architecture and engineering (CAE) capabilities, the POCB also hosted the Philippine Forum titled ‘Building Beyond Borders: The Philippine Advantage’ at the exhibition’s Seminar Theater.Speaking at the event, Philippine ambassador Lillibeth V Pono said: “As the Philippine ambassador to Qatar, I am happy to take part in this event, not only to celebrate and strengthen the bonds between our two nations but also to shine a spotlight on the remarkable talent and expertise of Filipino contractors and professionals.Pono reiterated that “Filipinos have played and continue to play an outsized role in spurring the development and progress, not only of Qatar but of the broader GCC region.”She added: “And so I am proud to inform you that I am joined here today by the key players and leaders of the Philippine construction, architecture, engineering, and design services. Their presence highlights the collective strength, innovation, and commitment of the Philippines to contribute to the ongoing development in Qatar. Together, we aim to build stronger ties, share expertise, and collaborate on projects that benefit both our nations.“As construction and infrastructure continue to drive the global economy, both the Philippines and Qatar are well-positioned to benefit from each other’s strengths with Filipino companies and professionals offering expertise in project management, architectural design, and engineering solutions, while Qatar provides a thriving and vibrant market with immense potential for growth and innovation.”Gacho said members of the Philippine delegation are available to engage with global partners, project developers, and Qatari AE firms at Booth Stand Number 5189, Hall No 5 from 12pm to 8pm. Email [email protected] to schedule future meetings with Philippine partners.Ends

HE the Minister of Municipality Abdullah bin Hamad bin Abdullah al-Attiyah officially inaugurating Cityscape Qatar on Sunday in the presence of HE the Minister of Finance Ali al-Kuwari, HE the Minister of Justice and State Minister for Cabinet Affairs Ibrahim bin Ali al-Mohannadi, and HE the Minister of Environment and Climate Change Abdullah bin Abdulaziz al-Subaie. PICTURE: Thajudheen.
Qatar
Municipality minister opens Cityscape 2024

HE the Minister of Municipality Abdullah bin Hamad bin Abdullah al-Attiyah officially inaugurated Cityscape Qatar on Sunday, which will run until Tuesday at the Doha Exhibition and Convention Centre (DECC).The three-day Cityscape Qatar is held in conjunction with the second Qatar Real Estate Forum (QREF), Big 5 Construct Qatar, and INDEX Design Qatar exhibitions.HE the Minister of Municipality led the ribbon-cutting ceremony alongside HE the Minister of Finance Ali al-Kuwari, HE the Minister of Justice and State Minister for Cabinet Affairs Ibrahim bin Ali al-Mohannadi, and HE the Minister of Environment and Climate Change Abdullah bin Abdulaziz al-Subaie, followed by a tour of the exhibition where they explored key exhibitors and learned about Qatar's latest development projects and real estate offerings.The three-day real estate exhibition, under the patronage of HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, witnessed the participation of several ministry officials, major developers, and international delegates.The exhibition commenced with the opening of the second QREF, which announced an impressive QR27bn in trade value for 2023 and the first half of 2024.Cityscape Qatar is supported by Qetaifan Projects as the platinum sponsor and United Development Company (UDC) as the official registration sponsor. The exhibition welcomed key developers and real estate companies, including Qatari Diar, Barwa Real Estate, Alwaab City, Sobha LLC, and Bin Al Sheikh, showcasing their flagship projects and latest offerings.Cityscape Qatar features an extensive exhibition floor, showcasing a diverse range of residential, commercial, and hospitality projects from both local and international developers. Developers are participating from Qatar, Romania, Saudi Arabia, Pakistan, the UAE, and the UK. The event allows visitors the chance to explore innovative architectural designs, discover lucrative investment opportunities, and gain valuable insights into the market's future trajectory.Barwa Group marked its presence at Cityscape Qatar with the unveiling of its latest residential development, Barwa Hills. The project features 57 exclusive apartments, where visitors can tour the development through an interactive digital viewing experience to allow potential buyers to explore their chosen unit in precise detail.In addition, Barwa Real Estate Group signed a memorandum of cooperation with Qatar Islamic Bank (QIB) to provide financial solutions to those who wish to buy residential units in the Barwa Hills project.“Cityscape Qatar 2024 opened with a resounding success. Our partners have unveiled several exciting projects, making key announcements throughout the event. Cityscape has attracted visits from ministers, key media, potential buyers and both regional and international exhibitors,” said Alexander Heuff, exhibition director of Cityscape Qatar.With the huge success already seen on its opening day, Cityscape Qatar promises to be a dynamic showcase of Qatar’s thriving real estate landscape, bringing together key stakeholders, investors, developers, industry experts and visitors.Attendees can expect an immersive experience filled with networking opportunities, exclusive project launches, and transformative discussions on the latest trends shaping the sector. Visitors can obtain free tickets through Cityscape Qatar’s website.

Qatar Tourism chairman Saad bin Ali al-Kharji (2nd from left) during the Qatar Real Estate Forum panel discussion titled  ‘Tourism’s Contributions to the Real Estate Sector’. PICTURE: Thajudheen
Qatar
QT chief lauds role of tourism, real estate in national development

Qatar Tourism (QT) chairman Saad bin Ali al-Kharji underlined the country’s ambitious tourism goals and their impact on economic diversification, highlighting the strong partnership between the tourism and real estate sectors and how they mutually complement each other’s growth.Al-Kharji shared key insights during the panel discussion titled ‘Tourism’s Contributions to the Real Estate Sector’ during the Qatar Real Estate Forum, which will run until Tuesday at the Doha Exhibition and Convention Centre (DECC).During the discussion, leading industry experts, such as Jason Liebman, co-founder & chief investment officer, Auric Road; Fettah Tamince, founder and chairman of Rixos Hotels and The Land of Legends, and president of SML Construction Co; and Oliver Ripley, founder and CEO of Habitas Group, also shared their outlook on the topic.Al-Kharji expressed optimism that QT will be able to meet its annual target of 6mn tourist arrivals by 2030, citing steady growth in visitor arrivals this year, which currently stands at 3.7mn.He noted that this growth is expected to double employment in the sector and increase tourism’s contribution to GDP to 12%. “All these goals reflect directly on real estate and development in the country. By these numbers we have today, I think we are reaching these goals way ahead...and it’s very promising and very encouraging for international investment and real estate investment in Qatar,” al-Kharji pointed out.The tourism chief emphasised the mutual relationship between tourism and real estate development: “The relationship between tourism and real estate is not only interconnected, but it’s a real partnership in both sectors. This partnership is expected to drive improvements in both sectors, enhancing the quality of life for residents and visitors alike.”Al-Kharji also underscored Qatar’s significant investments in infrastructure, including smart technology, eco-friendly buildings, and state-of-the-art public transportation, saying these investments aim to position Qatar as a leading destination for both tourists and potential residents.According to al-Kharji, the 2022 FIFA World Cup served as a catalyst for Qatar’s rapid development. He said the global sporting event transformed Qatar into “one of the best destinations” for tourists and sports events.“The 2022 FIFA World Cup became the catalyst of this development. We reached a very advanced level in very short time because of this event,” he reiterated.In addition to tourism, al-Kharji highlighted other investment opportunities in Qatar, citing fields like AI and technology. He also lauded the government for its ongoing efforts to enhance regulations to attract innovative investments, especially in real estate.Al-Kharji underlined Qatar’s commitment to safety and high quality of life, presenting the country as an attractive destination for both visitors and long-term residents.“Qatar’s initiatives are part of the country’s broader strategy to diversify its economy and reduce reliance on hydrocarbons. As we continue to invest in our tourism and real estate sectors, Qatar aims to establish itself as a global destination for visitors, residents, and investors alike,” al-Kharji added.

UDC Public Services executive director Abdullatif Ali al-Yafei. PICTURE: Thajudheen
Qatar
Crystal-adorned development to boost Qatar’s tourism appeal, says UDC exec

One of United Development Company’s (UDC) new projects, Crystal Walkway, is expected to shine the spotlight on Qatar as a world-class and leading tourist destination in the region and beyond, an official said on Sunday. Speaking to Gulf Times on the sidelines of Cityscape 2024, UDC Public Services executive director Abdullatif Ali al-Yafei announced that Crystal Walkway will feature “the world’s largest collection of crystals in one location.” He explained that Crystal Walkway is one of the stunning amenities of Crystal Residence at Gewan Island. UDC is the master developer of The Pearl Island and Gewan Island, al-Yafei said, adding that Gewan Island and its residential and commercial projects are being highlighted at Cityscape, which will run until tomorrow at the Doha Exhibition and Convention Centre (DECC). Al-Yafei believes Crystal Walkway, a 450-m fully air-conditioned outdoor promenade adorned with 10 tonnes of crystals and consisting of 45 crystal shades providing 14,000sq m of shade, “will be Qatar’s top destination.” “The walkway comprises 10 tonnes of crystals of different sizes ranging from 5mm to 10cm distributed in different ways. We will have 180 illuminated crystal flooring boxes protected by glass that people can walk on. These floors represent five different themes: desert, snow, forest, sea, and machinery,” al-Yafei said. Additionally, Crystal Walkway will showcase two five-metre-high crystal clocks, and 15 building signages made entirely of crystals. Additionally, the development includes 18 crystal trees and crystal plantations along the promenade, creating a mesmerising environment for visitors, al-Yafei pointed out. Al-Yafei said UDC’s latest crystal-laden attraction is part of the larger Gewan Island project, which includes Crystal Residence, which comprises 586 residential units distributed across 15 mixed-use buildings. Al-Yafei also reported that “80% of the apartments have already been sold, with all retail spaces fully occupied.” He also emphasised that while the project’s opulence is evident, the company has not overlooked environmental concerns: “UDC cares a lot about the environment and reducing CO2. The development boasts extensive green spaces, with approximately 50% of the 450,000sq m area dedicated to landscaping, including 13,000 tropical plants within the Crystal Walkway. According to al-Yafei, the project also aims to achieve sustainability certifications, having already secured GSAS certification for its design, with operational certification “expected in early 2025.” Al-Yafei said, “We are confident that the project would become a top destination in the country and the region, supporting Qatar’s tourism goals while maintaining a strong focus on sustainability and luxury.”

Invest Qatar CEO Sheikh Ali Alwaleed al-Thani (second from left) makes a point during the panel discussion titled ‘The National Economy: Development & Investment Opportunities’, while QFC CEO Yousuf Mohamed al-Jaida and QFZ CEO Sheikh Mohammed bin Hamid al-Thani look on. PICTURE: Thajudheen
Qatar
Qatar, a global investment hub for real estate, economic diversification

Key figures from Qatar’s investment landscape highlighted the country’s bid to emerge as a global investment destination in specific areas like the real estate sector during a panel discussion at the Qatar Real Estate Forum on Sunday.The discussion titled ‘The National Economy: Development & Investment Opportunities’, included chief executives from Investment Promotion Agency Qatar (Invest Qatar), Qatar Free Zones Authority (QFZ), and Qatar Financial Centre (QFC), underscored the country’s commitment to economic diversification and its ambitious plans for the future.Invest Qatar CEO Sheikh Ali Alwaleed al-Thani underscored the country’s three-stage growth strategy.Following the development of the hydrocarbon sector and infrastructure culminating in the 2022 World Cup, Qatar is now focusing on its third national development strategy. Sheikh Ali noted that this strategy targets financial services, manufacturing, logistics, and ICT sectors, with a strong emphasis on human capital development.“However, what underlines all this and what is central to the strategy is the growth of human capital. If you look at Qatar, traditionally where hydrocarbons played the leading driver of growth...we need to invest in our human capital. And this investment was evident through education, healthcare, and creating an environment that can attract and retain talent.“The government is focused on building upon that and having that being the most significant growth driver into the future. I think Qatar targets that as an eventual outcome where our human capital innovation could be the main driver for growth,” Sheikh Ali emphasised.QFZ CEO Sheikh Mohammed bin Hamid al-Thani, on the other hand, highlighted Qatar’s unique “one integrated family approach” to attracting investments, citing examples of successful public-private partnerships, which contribute to knowledge transfer and sustainability goals.“Concerning the Qatar National Development Strategy, we are focused on diversifying the economy through three key sectors, such as manufacturing, logistics, and within the IT and digital space. But we’re also looking to enable knowledge transfer, and we do this by enabling public-private partnerships,” Sheikh Mohammed noted.QFC CEO Yousuf Mohamed al-Jaida detailed QFC’s role in providing a robust legal and regulatory framework for investors, explaining how the centre offers various structures, such as special purpose vehicles, holding companies, and trust structures to help investors manage risks in real estate investments.Al-Jaida also revealed plans for innovation in the sector, including the potential tokenisation of real estate assets to increase accessibility and liquidity.According to al-Jaida, Qatar’s ambitious targets include achieving 4% growth in the non-hydrocarbon sector and attracting $100bn in foreign direct investment (FDI) over the next seven years.“All of us are involved in achieving that target. Within the clusters that are named in the National Development Strategy: manufacturing, logistics, and tourism, real estate is indirectly in every single one of those clusters because to develop these clusters, there’s always an indirect impact on the real estate sector because all these companies eventually attract investment and manpower. And that has an indirect impact on the real estate sector,” al-Jaida further explained.

Italian Ambassador Paolo Toschi. PICTURE: Shaji Kayamkulam
Qatar
Italian envoy says Qatar is ‘strategic partner’ for regional stability, growth

Italian Ambassador Paolo Toschi has highlighted the robust and growing relationship between Italy and Qatar, emphasising their shared commitment to regional stability, particularly in addressing the conflict in Palestine and Lebanon. “This is an important time in the relationship between Italy and Qatar because of several conversations that are maturing and bearing fruit,” Toschi told Gulf Times in an exclusive interview, where he discussed the role of regional diplomacy and crisis management, humanitarian efforts, bilateral relations between Italy and Qatar, economic cooperation, and cultural exchange and dialogue in addressing regional challenges. According to the ambassador, Italy views Qatar as a strategic partner and values its role in promoting peace and dialogue. Both countries are actively engaged in humanitarian efforts, providing substantial aid to Gaza and Lebanon through various UN agencies, Toschi pointed out. “His Highness the Amir Sheikh Tamim bin Hamad al-Thani and Italian Prime Minister Giorgia Meloni are engaged as actors of peace by supporting dialogue, diplomacy, and the peaceful resolution of disputes at a time when the region is going through a tragic and deep crisis,” he emphasised. The ambassador also said, “Italy has been very clear that there needs to be a state for Palestine. There must be continuity between Gaza and the West Bank, and a sustainable security platform for Palestine, to which Italy is ready to contribute.” “We continue to call upon all parties to end violence against civilians and to respect both international and humanitarian law. We are taking action also as chair of the G7 as we continue to support Qatar’s diplomatic work to identify a solution in accord with the other involved parties,” Toschi noted. Similarly on Lebanon, Toschi recalled that Italy has taken the lead in a G7 initiative calling parties to uphold UN Security Council Resolution 1701, “which is the foundation of a sustainable asset for Lebanon.” “We are engaged to support Lebanese authorities, which is very much in line with what Qatar is doing, strengthening the foundation of Lebanese institutions,” the ambassador further stressed. “Both in Gaza and Lebanon, like Qatar, we are engaged in delivering humanitarian and food assistance, in coordination with UN agencies like the World Food Programme, UNHCR, and UNRWA, to provide food and other forms of support,” Toschi explained, adding that Italy’s recent assistance includes a €17mn emergency aid for Lebanon and two packages of food aid respectively worth €35mn and €12mn for Gaza. The ambassador also noted that the Italy-Qatar bilateral relationship extends beyond diplomacy and continues to expand collaboration in sectors like investment, energy (including gas markets and renewables), defence, and military cooperation. “Both countries are also exploring opportunities in food security, biotech, life sciences, and urban management,” Toschi said. According to Toschi, cultural exchange is also seen as a crucial element in fostering understanding and peace, “especially during times of crisis.” He added: “Italy and Qatar view culture as a unifying factor and a means for dialogue. We believe culture can provide context, build bridges between people, and contribute to conversations about peace.” Ends

Tasdeer executive director Khalid Abdulla al-Mana delivering a presentation during the recent launching of Tasdeer’s new trademark, ‘Qatar Exports’.
Business
Qatar’s private sector exports expected to breach QR2bn mark in 2024

The value of Qatar’s private sector exports is expected to exceed QR2bn this year, according to an official of the Qatar Export Development, Finance & Promotion Agency (Tasdeer).Tasdeer executive director Khalid Abdulla al-Mana announced this during the recent launching of Tasdeer’s new trademark, ‘Qatar Exports’, which is seen to usher in a new era of services for Qatari exporters.Tasdeer is the export arm of the Qatar Development Bank (QDB), which was created in 2011 to support the country’s private sector and enhance the presence of Qatari exports in international markets, al-Mana said during a presentation held on the sidelines of the launch event in Doha.In his presentation, al-Mana said: “In 2019, the number of our exporters was 119. In 2024, we currently have 180 customers that are exporting from Qatar, and this number is growing significantly every year. The value of private sector exports in 2019 was QR700mn. In 2024, we are hopefully going to be exceeding QR2bn in terms of private sector exports.”Al-Mana explained that Tasdeer’s success in growing Qatar’s private sector exports abroad is founded on three main pillars: development, promotion, and finance.He said the development pillar is responsible for capacity building through workshops and the ‘Go Global’ incubator, providing international certifications, and a dedicated research team for identifying priority markets and products.Achievements in the development pillar include 74 workshops delivered, 436 individual trainings, 54 country reports, and 367 companies enrolled in publications. This pillar also provides international representation, including Qatar’s representation in the International Trade Centre in Geneva and memberships in the Amman Union and the Berne Union, al-Mana pointed out.He said Tasdeer’s activities under the promotion pillar include the participation in 10 to 12 exhibitions annually and the conduct of three large trade missions and matchmaking events yearly.“In terms of promotion, through our matchmaking events and our exhibitions, we have already booked orders of over QR5bn, of which around QR2bn was in 2024, so we can see the increase of exports happening in recent years.“For our Saudi Arabia office, which is our first international office launched in January this year, we have served 46 Qatari companies, identified 232 buyers in Saudi Arabia, and booked orders worth more than QR300mn so far. With this success, we hope that we can go into new markets utilising this same model of opening trade offices beyond Qatar,” al-Mana explained.In an earlier statement, QDB emphasised that it plans to open other ‘Qatar Exports’ offices across the region and in other countries. “In line with its revamped strategy, QDB will first cement Qatar’s presence in regional markets across the GCC before expanding to international ones, all while strengthening Qatar’s trade partnerships with neighbouring countries and other strategic markets, according to its export priorities,” the statement pointed out.QDB added: “These offices will streamline the entry of Qatari products and services to new markets and facilitate matchmaking between Qatari exporters and international buyers, while also providing exporters with valuable insights on laws, regulations, and market opportunities.”Speaking at the launching ceremony, QDB CEO Abdulrahman Hesham al-Sowaidi said: “We have accompanied Qatari exporters through all stages of their journey, from securing and promoting their exports to providing financing solutions to sustain their growth. Our efforts enabled Qatari companies to access 98 international markets by the end of last year.“Today, we reaffirm our commitment to developing our services and improving our operations to boost the competitiveness of Qatari products and streamline access to international markets.”Al-Sowaidi added: “Through this initiative, we seek to strengthen Qatar’s global presence and enable Qatari SMEs to export their products to new markets in line with the Third National Development Strategy, reflecting our strong belief in the key role that exports play in enhancing Qatar’s position in international trade.“Introducing ‘Qatar Exports’ represents a strategic step towards achieving our aspirations in terms of empowering the private sector to contribute effectively to Qatar’s sustainable development.”