Investment promotion agency Invest Qatar has launched a $1bn programme aimed at accelerating investment inflows and boosting diversification of the Qatari economy, Reuters reported on May 21.
Announced during the 5th Qatar Economic Forum, the programme offers financial packages for local and international investors covering up to 40% of expenses such as setup costs, construction, leases and staff for a five-year period.
The first phase will offer four off-the-shelf packages designed to stimulate fresh investment, support the expansion and digitisation of existing facilities, create high-skilled employment, and promote knowledge transfer.
The Advanced Industries Package targets high-value, technology-intensive sectors such as pharmaceuticals, chemicals, automotive and electronics.
The Logistics Package encourages investments in infrastructure, automation and advanced logistics services, while the Technology Package seeks to develop the digital economy through support for cybersecurity, cloud computing, artificial intelligence and data-driven innovation.
The Lusail financial services package aims to advance fintech, insurance, asset and wealth management, while incentivising firms to establish offices in Lusail, the country's main financial district.
Related Articles
Iran lifts oil output at Azadegan amid self-sufficiency drive
Iran has increased crude oil production by 38,000 barrels per day (bpd) at its giant South Azadegan field, a significant step in its long-running campaign to develop its vast hydrocarbon resources ... more
Iranian crude exports to China hit peak
Iranian crude exports to China have climbed to their highest level since March at more than 1.7mn barrels per day (bpd) due to sellers increasing shipments to avoid the effects of the recent conflict ... more
Doha Bank H1 net profit jumps 8.1% to QAR467mn
Doha Bank reported an 8.1% year-on-year increase in net profit to QAR467mn ($128.4mn) in the first half of 2025, with total assets reaching QAR123bn ($33.8bn), representing 16.2% growth on an ... more