What difficulties does the country experience on the way to achieving its goals?

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sadiksojib35
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What difficulties does the country experience on the way to achieving its goals?

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RB.RU organizes a meeting of the Founders' Mondays project for beginning and experienced entrepreneurs. Twice a month on Mondays.

In addition, the Qatar Free Zones Authority (QFZA) has created business-friendly free zones with tax incentives, reducing barriers to entry for international companies.

Finally, even the successful hosting of the 2022 FIFA World Cup demonstrated Qatar’s ability to organize large-scale international events. In 2025, Qatar is expected to repeat its success: in February, Doha will host one of the world’s largest technology conferences, Web Summit.


Qatar’s path to becoming a startup hub and tech leader has not been without its challenges. The country’s small population of 2.8 million limits its domestic consumer base, forcing startups to target global markets from the start.

Although regulation is becoming more convenient, it still belarus phone number lead creates difficulties for entrepreneurs, especially in terms of the confusing procedure for licensing business activities.

Another major problem for founders is the lack of personnel. Despite the presence of world-class educational institutions in the country, tech hubs like Dubai are drawing labor force to themselves.

Like its GCC partners, Qatar is seeking to diversify its economy, but is lagging behind their pace. Oil and gas still account for 50% of Qatar’s GDP.

Even venture capital is prioritized in the industrial and manufacturing sector (37%), followed by fintech and healthcare as the second and third most popular.

The overall trend is that investment in Qatar has tripled since 2020, but the total investment is still small ($34 million in 2023 and $87 million in 2022) compared to the ambitious plans to place more than $1 billion in new startups in the next few years.
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