The Ministry of Commerce and Industry is responsible for overseeing commercial and industrial activities for the State of Qatar and directing these activities in accordance with the requirements of national development. The Ministry’s mandate includes business development, contributing to attracting investments, as well as supporting and developing exports. Other responsibilities are developing methods and procedures for providing public services to the business and investment sector, regulating the practice of trade professions, registering commercial and investment establishments, issuing the necessary licenses to carry out their activities, and supervising the regulation and control of markets in its area of competence. The Ministry is additionally responsible for taking the necessary measures to protect consumers, combat commercial fraud, safeguard competition, and prevent monopolistic practices, as well as protect intellectual property rights. Moreover, the Ministry seeks to devise general policies to promote industrialization and national industries, developing and exploiting its existing industrial zones, and proposing the establishment of new ones.
Media City in Qatar was established by Amiri Decree No. (13) issued in 2019 to drive the growth and development of the media industry in the country and become an international hub for businesses, organizations and entrepreneurs with a focus on traditional and digital media, technology, communications, research and development.
Qatar Investment Authority (“QIA”) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
Since its establishment in 1964, QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa. QNB has an active community support program and sponsors various social, educational and sporting events, locally and internationally. The Group’s network expansion comes in support of its vision to become a leading bank in the Middle East, Africa, and Southeast Asia.
The Qatar Research, Development, and Innovation (QRDI) Council was established in 2018 with the primary objective of nationally advancing research, development, and innovation (RDI) endeavors. This mission aligns with the strategic goals outlined in the Qatar National Vision 2030 and the Second National Development Strategy (2018-2022). To ensure the success of this endeavor, QRDI Council has devised an ambitious ten-year plan, QRDI 2030, which aims to establish a locally empowered and globally connected RDI ecosystem in Qatar.
QINVEST is Qatar’s leading private investment group, with activities across the Middle East, Europe, Turkey, UK, and USA.