Microsoft Qatar asks foreign firms to choose Doha as gateway for MidEast expansion

By Amirtha P S, Desk Reporter
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American multinational technology company Microsoft’s Qatar arm has urged international companies, which are looking for a Middle East region expansion, to pick Doha as the gateway of choice.

During a webinar organized jointly by the Qatar Financial Centre (QFC), the Embassy of Poland and the Qatar-Poland Business Council (QPBC), the country manager of Microsoft Qatar, Lana Khalaf stated that “Qatar is an innovation powerhouse and in recent years established itself as a global hub for investments. A range of initiatives by the government has contributed to a start-up-friendly environment, a place where businesses can come, set up and grow with ease.”

Qatar’s expanding digital market is rich with opportunities for new and established companies wishing to set up a presence in the region, Abby Chan, vice president of Business Development at QFC stated.

“The QFC supports this growth by providing a platform for all forms of digital companies to operate in Qatar and expand to other markets,” Mr. Chan added.

Setting up business in Qatar comes with many benefits including entrepreneurship support for startups, billions worth of digital spending, streamlined business setup to advanced ICT or information, communication and technology infrastructure.

Ms. Khalaf, while highlighting the benefits of choosing Qatar as a gateway for those companies eyeing the region for expansion states that “there has never been a better time to invest here.” Qatar’s real gross domestic product is set to grow 2.52 percent this year and average 2.73 percent growth over the subsequent four years.

The webinar which aims to inform attendees about the digital landscape and potential business opportunities in Qatar was attended by more than 60 Qatari and Polish participants.

Related: Qatar approves draft law allowing 100% foreign ownership of listed companies