Qatar Free Zones Authority (QFZ) has signed a Memorandum of Understanding (MoU) with the German Mittelstand GCC Office to foster investments in key industry sectors and contribute to Qatar’s economic diversification goals.
The partnership highlights both parties’ ambition to bridge the interests and expertise of German SMEs and entrepreneurs with exciting opportunities in Qatar Free Zones, in line with the nation’s strategic objectives of cultivating a diversified, knowledge-based economy. This move also bolsters investment ties between Qatar and Germany.
The agreement was signed by HE Sheikh Mohammed bin Hamad bin Faisal Al-Thani, CEO of QFZ, and Gordon Pelz ,Vice Chairman and Board Member at the Mittelstand GCC Office. The signing ceremony was held on the sidelines of QFZ’s participation in Web Summit Qatar 2025, with senior officials and representatives from both sides.
The partnership creates a collaborative framework to facilitate and expand the presence of German SMEs and startups within QFZ’s diverse clusters. It will streamline their access to QFZ’s highly conducive operational environment and connect them to tailored investment opportunities to establish and flourish in Qatar’s thriving economic landscape.
Under the agreement, QFZ and the Mittelstand GCC Office will advance mutual investment prospects through co-organized networking events, business roadshows, investor matchmaking sessions and an active exchange of market insights.
The collaboration will focus on QFZ’s priority sectors such as Industrial Services, Emerging Technologies, Logistics & Trading and Biomedical Sciences – for which QFZ offers collaborative ecosystems and access to exceptional resources to drive business efficiencies.
HE Sheikh Mohammed bin Hamad bin Faisal Al-Thani CEO – QFZ
“Our partnership with the German Mittelstand GCC Office strengthens investment ties between Qatar and Germany, creating new opportunities for innovative German SMEs and entrepreneurs to leverage QFZ’s dynamic ecosystem. This collaboration will drive high-tech innovation, cultivate talent, and develop specialized expertise across key sectors, aligned with Qatar’s Third National Development Strategy and Qatar National Vision 2030.”
Gordon Pelz added that, “Germany and Qatar have a long history of successful economic cooperation built on our mutual vision to sustainable, innovation-driven economic growth. By establishing this strategic partnership with QFZ, we are thrilled to promote and further develop the historic relations between our two countries and explore new horizons for economic prosperity. As an entity dedicated to empowering German SMEs, we look forward to a fruitful long-term relationship with QFZ bridging German innovation with Qatar’s highly competitive and forward-looking business ecosystem.”
QFZ’s partnership with the German Mittelstand GCC Office builds on its unwavering dedication to attract and develop promising global SMEs, startups and entrepreneurs, facilitating their establishment and growth in Qatar, and providing a fully-integrated and conducive environment to drive their business goals.
