Qatar Unveils Major Tech & Investment Reforms as Prime Minister Opens Web Summit Qatar 2026
Qatar’s ambition to become a leading global technology and innovation hub accelerated yesterday as HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, officially inaugurated the third edition of Web Summit Qatar, the MENA region’s fastest-growing technology event. The summit runs until 4 February at the Doha Exhibition and Convention Center, gathering global tech leaders, investors, founders, and policymakers. The opening ceremony marked a milestone moment for Qatar’s digital transformation agenda, with the government announcing a series of high-impact initiatives designed to expand the nation’s technology, entrepreneurship, AI, and investment ecosystems. USD 2 Billion Expansion of the Fund of Funds Programme In one of the summit’s most significant announcements, Qatar confirmed a USD 2 billion expansion of its national Fund of Funds programme, which supports venture capital firms and high-growth startups across strategic sectors. This expansion strengthens Qatar’s position as a global capital hub and sends a clear signal to international investors seeking a stable, innovation-driven market. 10-Year Residency for Entrepreneurs & Executives Qatar also announced a long-term 10-year residency scheme for: This new visa category aims to attract world-class talent and incentivise founders to build and scale their companies from Qatar — a major step in advancing the country’s competitiveness on the global innovation map. Faster, Simplified Company Registration As part of ongoing reforms to improve the ease of doing business, Qatar introduced accelerated company registration procedures, enabling startups and investors to establish operations faster and more efficiently. These improvements reinforce Qatar’s goal of becoming one of the world’s most business-friendly jurisdictions, especially for early-stage and scaling companies. Launch of Qai — Qatar’s National AI Company Another headline announcement was the launch of Qai, Qatar’s new national AI company, signalling a powerful move to position the nation at the center of global AI development. Qai will focus on: The initiative aligns with Qatar’s broader national strategy to integrate AI across education, industry, energy, healthcare, mobility, and smart cities. A Transformational Edition of Web Summit Qatar With thousands of global delegates, investors, and startups converging in Doha, Web Summit Qatar 2026 is on track to become the region’s most influential gathering for: This year’s edition cements Qatar’s rise as one of the world’s most dynamic markets for entrepreneurship, digital transformation, and investment.
Money Expo Qatar 2025: The Region’s Premier Financial Event Returns for Its 2nd Edition
Qatar’s Largest Trading & Fintech Gathering Returns—Connect, Innovate, and Lead the Future of Finance The highly anticipated Money Expo Qatar is back for its second edition, set to take place on December 2–3, 2025, at the Doha Exhibition and Convention Center (DECC). After a successful debut, this year’s edition promises to be bigger, bolder, and more dynamic, bringing together the most influential names in trading, fintech, and investment from across the Middle East and beyond. Meet Minds. Share Ideas. Shape Finance. Money Expo Qatar 2025 serves as the ultimate meeting point for visionaries, innovators, and financial leaders to connect, collaborate, and chart the next chapter in the evolution of finance.Whether you’re a trader, investor, fintech professional, or entrepreneur, this is the region’s most powerful platform to explore new opportunities and ignite partnerships that define the future. The event gathers a diverse audience, including: What Awaits You at Money Expo Qatar 2025 Engage with Global Leaders Hear from world-renowned financial experts and top industry strategists as they unpack market insights, emerging trends, and the future of trading, digital assets, and fintech innovation. Discover Game-Changing Innovations Experience hands-on demos of the latest tools, platforms, and AI-driven technologies that are transforming the global financial ecosystem. Network with Industry Movers Connect face-to-face with decision-makers, investors, and fintech pioneers driving change across the financial landscape of the MENA region. Dive into Interactive Sessions Participate in live panels, workshops, and discussions exploring cutting-edge topics such as AI in finance, blockchain breakthroughs, DeFi expansion, and sustainable investing. Unlock Exclusive Free Access Gain access to explore new products, strategies, and investment opportunities shaping the region’s financial future — and be part of the dialogue redefining tomorrow’s markets. A Gateway to Qatar’s Growing Financial Ecosystem As Qatar continues its journey toward becoming a regional financial powerhouse, Money Expo Qatar 2025 plays a pivotal role in connecting global expertise with local ambition.The event reflects Qatar’s commitment to fostering innovation, technology adoption, and financial literacy, aligning with the goals of the Qatar National Vision 2030. For professionals and businesses alike, Money Expo Qatar 2025 is not just an event — it’s an ecosystem of opportunity. Event Details 📍 Venue: Doha Exhibition & Convention Center (DECC)📅 Dates: December 2–3, 2025🌐 Website: https://moneyexpoglobal.com/qatar/en
GSMA MWC25 Doha Set to Transform Qatar into a Global Innovation Hub
Over 200 Visionary Speakers, 200 Exhibitors, and 60+ Countries to Gather in Doha this November The GSMA and Qatar’s Ministry of Communications and Information Technology (MCIT Qatar) have unveiled new details about the highly anticipated GSMA MWC25 Doha, which will take place on 25–26 November 2025 at the Doha Exhibition and Convention Center (DECC). As the first-ever MWC event in the MENA region, MWC25 Doha will be a cornerstone of Qatar’s Digital Agenda 2030, setting the stage for groundbreaking dialogue and collaboration across technology, policy, and innovation. The two-day event will bring together: Positioning Qatar at the Heart of Global Digital Transformation At a press briefing held at DECC, the GSMA welcomed H.E. Mrs Reem Mohammed Al Mansoori, Assistant Undersecretary of Digital Industry Affairs at MCIT Qatar, and Mr Khalid Aljumaily, Public Relations and Communication Director at MCIT Qatar, alongside GSMA CMO Lara Dewar and GSMA Ltd. CEO John Hoffman. His Excellency Mr Mohammed bin Ali Al Mannai, Minister of Communications and Information Technology, emphasised: “Hosting the inaugural MWC25 Doha marks a historic milestone for Qatar and the region. It aligns with our mission to advance digital transformation under the Digital Agenda 2030 and the Qatar National Vision 2030, positioning Doha as a global meeting point for technology, innovation, and collaboration.” Strategic Partnerships to Drive Local and Global Impact The press conference also witnessed the signing of five key Memoranda of Understanding (MoUs) between the GSMA and significant national and international partners, including the Communications Regulatory Authority (CRA), Qatar University, Media City Qatar, Ooredoo, and Vodafone, to ensure the success and long-term impact of MWC Doha. A World-Class Lineup of Exhibitors and Themes The exhibition will feature technology leaders such as Cisco, Dell, Google Cloud, Hewlett Packard Enterprise, Huawei, Mannai, Microsoft, Nokia, Ooredoo, PwC, Qatar University, VEON, Vodafone, ZTE, and Meeza, Qatar’s leading data center and AI services provider. According to Vivek Badrinath, Director General of GSMA: “We are thrilled to bring MWC to Doha — a city at the forefront of digital transformation. With its strong investment ecosystem and progressive innovation policies, Qatar is the perfect host for our first MWC in the region.” Exploring the Future of AI, Connectivity, and Digital Economies Spanning three halls, MWC25 Doha will spotlight the themes driving the next wave of digital evolution: The event will also debut 4YFN (Four Years From Now) — MWC’s official startup platform — alongside the GSMA Ministerial Programme, the GSMA Digital Leaders Programme, and Smart City Expo Doha, which is organised in collaboration with Fira de Barcelona. Registration Now Open General registration for MWC25 Doha is now open.🔗 Visit www.mwcdoha.com/passes to secure your place at this landmark event redefining the digital future of the MENA region.
Al Abdulghani Motors Celebrates Young Talent at the 18th Toyota Dream Car Art Contest in Qatar
Empowering Youth, Inspiring Creativity, and Supporting Future Champions Al Abdulghani Motors, the authorised distributor of Toyota in Qatar, proudly hosted the Toyota Dream Car Art Contest Award Ceremony at its state-of-the-art showroom in Lusail. The event marked the culmination of the 18th edition of the global art competition, celebrating the imagination, creativity, and dreams of Qatar’s young artists. The ceremony brought together over 500 participants from more than 200 schools across Qatar, along with their families, educators, and special guests, including celebrated Qatari athletes Ali Arshid and Cherif Younousse. The event underscored Al Abdulghani Motors’ ongoing commitment to nurturing local talent, promoting artistic expression, and inspiring the next generation of dreamers. A Canvas of Innovation and Hope The theme of the contest invited children to envision their “Dream Car”—a vehicle capable of making the world a better place. Submissions ranged from eco-friendly innovations and futuristic vehicles to designs that symbolised unity, compassion, and environmental consciousness. The contest was divided into three age categories: Three winners were chosen from each category and were recognised with certificates and exciting prizes during the event. Their artworks will now represent Qatar in the World Contest in Japan, where winners may receive prestigious accolades from Toyota Motor Corporation. Additionally, 25 finalists were acknowledged for their creativity, and three students were recognised in a special online voting competition hosted by Al Abdulghani Motors, giving the community a chance to support their favourite young artists. Inspiring the Next Generation with Qatari Champions Adding to the excitement, the event welcomed two of Qatar’s inspiring sports figures: The athletes engaged with students, shared stories of perseverance and discipline, and emphasised the importance of dreaming big—values that align with the spirit of the Dream Car Art Contest and Toyota’s global mission. A Legacy of Creativity and Social Responsibility Since its launch in 2004, the Toyota Dream Car Art Contest has inspired more than 9.4 million children from 144 countries. In Qatar, Al Abdulghani Motors continues to champion this initiative as part of its Corporate Social Responsibility (CSR) strategy. The contest not only celebrates creativity but also aligns with the company’s broader goals of empowering youth, promoting innovation, and achieving excellence in art, academics, and athletics. Driving the Future with Imagination The 18th edition of the Toyota Dream Car Art Contest reaffirmed Al Abdulghani Motors’ belief in the power of youth and the importance of creative thinking in shaping a brighter tomorrow. By providing young talents with a global stage, the company remains dedicated to driving dreams forward and fueling a culture of imagination, passion, and positive change.
Air Arabia Reports Record AED 1.6 Billion Profit Before Tax in 2024
February 13, 2025: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, today announced its financial and operational results for the full year ending December 31, 2024. The airline posted a record pre-tax net profit of AED 1.6 billion, reflecting a 4% increase compared to AED 1.5 billion in 2023. Total turnover for the year surpassed AED 6.63 billion, marking an 11% growth from AED 6 billion in 2023. In 2024, Air Arabia reinforced its commitment to expansion and operational excellence by growing its network across six hubs and adding 31 new routes. This strategic expansion led to a 13% increase in operational capacity and a 12% rise in total passengers carried, reaching 18.8 million across the group. The airline also reported a 2% increase in average seat load factor, reaching 82%, further underscoring the sustained strong demand for Air Arabia’s value-driven, low-cost services. Full Year 2024 Performance: AED FY 2024 FY 2023 % Revenue AED 6.63 billion AED 6 billion 11% Passenger Numbers*all hubs* 18.8 million 16.7 million 12% Seat Load Factor 82% 80% 2% Net Profit Before Tax AED 1.6 billion AED 1.54 billion 4% Net Profit After Tax AED 1.46 billion – – Air Arabia’s Board of Directors has proposed a dividend distribution of 25% of share capital, equivalent to 25 fils per share. This proposal was made during a recent board meeting and is subject to approval by Air Arabia’s shareholders at the upcoming Annual General Meeting (AGM). Sheikh Abdullah Bin Mohamed Al Thani, Chairman of Air Arabia, said: “2024 has been a record-breaking year for Air Arabia Group, marked by significant expansion and an increased footprint across all key markets. Building on our strong foundation, we have continued to achieve remarkable financial and operational growth, reaffirming the strength of our business model, the resilience of our management team, and the effectiveness of our strategic vision.” He continued: “Despite the geopolitical tensions and economic challenges impacting the region, Air Arabia Group has successfully sustained its strong growth trajectory in 2024. This was driven by increased operating capacity, the launch of new routes, and continued network expansion from all our hubs. We take great pride in our ability to deliver a value-driven travel experience to a growing customer base, strengthening our presence across global markets while maintaining operational excellence.” In the fourth quarter ending December 31, 2024, Air Arabia reported a record net profit of AED 351 million, marking a 56% increase compared to AED 225 million in the same quarter last year. Total turnover for the fourth quarter of 2024 rose 7% to AED 1.65 billion, driven by an 11% increase in passenger numbers, as the airline carried over 4.7 million passengers across all hubs during the quarter. Meanwhile, the seat load factor increased by 2% reaching a strong 83%, reflecting sustained demand for Air Arabia’s services. Fourth Quarter 2024 Performance: AED Q4 2024 Q4 2023 % Revenue AED 1.65 billion AED 1.54 billion 7% Passenger Numbers*all hubs* 4.7 million 4.2 million 11% Seat Load Factor 83% 81% 2% Net Profit AED 351 million AED 225 million 56% Al Thani continued: ” “The fourth quarter of the year was remarkable for Air Arabia, as we successfully expanded our network while maintaining solid margins. This strategic growth, coupled with rigid cost control and strong operational efficiency, resulted in an outstanding performance for the quarter”. Full Year 2024 Highlights: Fleet Network Liquidity ESG Recognition Outlook Al Thani concluded: “As the global aviation industry continues to navigate challenges, including geopolitical tensions, inflationary pressures, and supply chain disruptions, Air Arabia remains committed to growth and expansion. Our focus is on enhancing connectivity, increasing operational capacity, and providing our customers with the best options for affordable and value-driven air travel. We have full confidence in our unique business model, operational excellence, and customer-centric approach, which enable us to continuously expand our network and deliver a seamless travel experience to an ever-growing customer base.”
