Technology

At a glance

Qatar offers a huge opportunity for investment in the technology sector. The State, represented by the Ministry of Transport and Communications, launched the Smart Qatar Program (TASMU) that is designed to harness the power of technology and innovation turning Qatar into a smart country and opening new opportunities for the private sector. Qatar is also working hand in hand with multinational companies, such as Microsoft and Google, to accelerate its digital transformation and upscale the technology ecosystem. It is worth noting that Qatar is the first country to deploy 5G, with a 99.7% world record of internet penetration- reflecting the great strides the country has undertaken as a forerunner in global digitalisation initiatives.

1st

5G network

World's first commercially available 5G network

$3 bn

Sector contribution

Sector contribution to GDP across all key segments

Top 10

ICT adoption

Global economy for overall ICT adoption in Huawei's GCI 2019

What's happening

Qatar FinTech Hub

Qatar FinTech Hub (QFTH) is dedicated to offer Qatar’s first ever specialised incubator and accelerator programmes, which target entrepreneurs with innovative and cutting-edge fintech ideas. QFTH complements the country’s efforts to develop a robust and globally competitive fintech ecosystem, aligned with the priorities of Qatar National Vision 2030 and Qatar’s Second Strategic Plan for the Financial Sector. As a steward of the Invest Qatar brand, the Investment Promotion Agency Qatar (IPA Qatar) partners with international firms to support their long-term success in fintech and other key sectors.

QBIC – Digital & Beyond

Digital & Beyond is a specialised incubator dedicated to the development and acceleration of promising technology-focused startups and SMEs based in Qatar, and fast-growing tech businesses looking to soft-land in Qatar. Established by Ooredoo in partnership with Qatar Business Incubation Centre (QBIC), Digital & Beyond aims to empower the next generation of innovative businesses in Qatar, and attract scaling success stories to Qatar, via a holistic range of support and funding solutions.

Qatar SportsTech

With over a decade of experience in startup investments and acceleration, Qatar SportsTech aims to accelerate the sports industry to new heights.
Qatar SportsTech is initiated by Qatar Development Bank, powered by Startupbootcamp and supported by the Supreme Committee for Delivery & Legacy, Qatar Stars League, beIN Media Group, Qatar Financial Centre, Aspire Zone Foundation, MBK Holding and the Ministry of Commerce and Industry.

Gaming and eSports

Qatar is primed for the development of a gaming and eSports cluster with its advanced ICT infrastructure and young population, with whom gaming and eSports has become a leading form of entertainment. Qatar is the first country to deploy 5G, with a 99.7% world record of internet penetration- reflecting the great strides the country has undertaken as a forerunner in global digitalisation initiatives. Moreover, tangible opportunities exist for gaming companies to develop interactive experiences linked to major sports events in Doha such as the FIFA World Cup 2022 and Asian Games 2030. Locally, opportunities exist to build an eSports ecosystem leveraging links and partnerships between national champions and major sports franchises.

Who is already here

Qatar technology ecosystem

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