Invest Qatar and Naseej for Technology to jointly drive digital innovation and growth
24 February 2025
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The Investment Promotion Agency Qatar (Invest Qatar) has unveiled a new partnership with Naseej for Technology, a digital transformation solutions provider in Saudi Arabia, during Web Summit Qatar 2025. This collaboration outlines a strategic framework for cooperation in advancing human capital, enhancing digital capabilities and fostering innovation in key sectors.
Complementing the national digital transformation efforts, Invest Qatar will support Naseej for Technology to access the Qatari market and introduce its cutting-edge digital solutions. The partnership aims to contribute to Qatar's human capital development and facilitate the transfer of knowledge across culture and creative industries, higher education, Artificial Intelligence (AI) and data analysis. As per the agreement, Naseej will leverage its technological expertise to support the development of digital platforms for libraries, museums and heritage institutions within the cultural and creative industries. Additionally, Naseej will provide advanced AI and data analytics tools to improve decision-making and optimise operational efficiency across sectors, fostering innovation and sustainable growth.
As part of the agreement, Invest Qatar will support Naseej for Technology to establish an office in Qatar, expanding its presence in the country and introducing its solutions to the Qatari market.
The Memorandum of Understanding (MoU) was signed by Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar and Eng. Othman Alabdulkarim, Executive President of Naseej for Technology.
Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: “This partnership marks a pivotal moment in our shared commitment to advancing Qatar's digital transformation agenda. By combining Naseej's expertise in technology and innovation with Invest Qatar’s vision for sustainable growth, we are paving the way for a future-driven economy that embraces both creativity and technology.”
Eng. Othman Alabdulkarim, Executive President of Naseej for Technology, said: “Our collaboration with Invest Qatar marks a significant step forward in shaping a future where technology is the foundation. By harnessing our expertise in digital solutions and Qatar's forward-thinking initiatives, we aim to accelerate innovation across key sectors, enhance human capital, and empower organisations to thrive in the digital age. Together, we are laying the foundation for a smarter, more sustainable future that will leave a lasting impact on generations to come, providing them with the tools and insights they need to excel in an increasingly data-driven world.”
Qatar’s journey towards digital innovation
Qatar has made significant investments in digital infrastructure to bolster its technology sector, creating new opportunities and fostering innovation. The country is emerging as a leader in digital transformation with ICT spending in Qatar projected to reach $6.2bn by 2026, growing at a compound annual growth rate of 9.2%. The country’s digital economy is rapidly expanding across diverse sectors, including cloud technologies as well as Industry 4.0 innovations such as artificial intelligence, Internet of Things, blockchain, big data and analytics.
Recently, Qatar launched its Digital Agenda 2030, a comprehensive roadmap aimed at enhancing digital infrastructure, accelerating economic growth and building a future-ready society. It is designed to contribute 26,000 jobs and add 40bn QAR to the economy.