24 February 2025, Doha – Qatar
The Investment Promotion Agency Qatar (Invest Qatar) has unveiled a new partnership with Naseej for Technology, a digital transformation solutions provider in Saudi Arabia, during Web Summit Qatar 2025. This collaboration outlines a strategic framework for cooperation in advancing human capital, enhancing digital capabilities and fostering innovation in key sectors.
Complementing the national digital transformation efforts, Invest Qatar will support Naseej for Technology to access the Qatari market and introduce its cutting-edge digital solutions. The partnership aims to contribute to Qatar’s human capital development and facilitate the transfer of knowledge across culture and creative industries, higher education, Artificial Intelligence (AI) and data analysis. As per the agreement, Naseej will leverage its technological expertise to support the development of digital platforms for libraries, museums and heritage institutions within the cultural and creative industries. Additionally, Naseej will provide advanced AI and data analytics tools to improve decision-making and optimize operational efficiency across sectors, fostering innovation and sustainable growth.
The Memorandum of Understanding (MoU) was signed by Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar and Eng. Othman Alabdulkarim, Executive President of Naseej for Technology.
Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: “This partnership marks a pivotal moment in our shared commitment to advancing Qatar’s digital transformation agenda. By combining Naseej’s expertise in technology and innovation with Invest Qatar’s vision for sustainable growth, we are paving the way for a future-driven economy that embraces both creativity and technology.”
Eng. Othman Alabdulkarim, Executive President of Naseej for Technology, added: “Our collaboration with Invest Qatar marks a significant step forward in shaping a future where technology is the foundation. By harnessing our expertise in digital solutions and Qatar’s forward-thinking initiatives, we aim to accelerate innovation across key sectors, enhance human capital, and empower organizations to thrive in the digital age. Together, we are laying the foundation for a smarter, more sustainable future that will leave a lasting impact on generations to come, providing them with the tools and insights they need to excel in an increasingly data-driven world.”
Qatar’s journey towards digital innovation
Qatar has made significant investments in digital infrastructure to bolster its technology sector, creating new opportunities and fostering innovation. The country is emerging as a leader in digital transformation with ICT spending in Qatar projected to reach $6.2bn by 2026, growing at a compound annual growth rate of 9.2%. The country’s digital economy is rapidly expanding across diverse sectors, including cloud technologies as well as Industry 4.0 innovations such as artificial intelligence, Internet of Things, blockchain, big data and analytics.
Recently, Qatar launched its Digital Agenda 2030, a comprehensive roadmap aimed at enhancing digital infrastructure, accelerating economic growth and building a future-ready society. It is designed to contribute 26,000 jobs and add 40bn QAR to the economy.
About Invest Qatar
The Investment Promotion Agency Qatar (Invest Qatar) is responsible for overseeing investment promotion activities, aimed at attracting foreign direct investment to Qatar. Established in 2019, Invest Qatar’s mission is to strengthen Qatar’s position as an ideal investment destination, while facilitating investments that foster economic diversification and development.
As the gateway to investment solutions, Invest Qatar connects investors to an integrated ecosystem of business and licensing platforms. The Agency partners with investors throughout their journey, from exploration and setup to expansion, ensuring their long-term growth by providing comprehensive insights into Qatar’s business landscape, sector-specific market knowledge and tailored investment facilitation.
For more information, please visit www.invest.qa
@InvestQatar | #InvestQatar
About Naseej for Technology
Naseej for Technology, the leading provider of knowledge solutions in the region, has served academic institutions, cultural centers, and government organizations since 1989. With over 500 skilled professionals, Naseej delivers cutting-edge digital solutions, including Business, Cultural, and Higher Education solutions, to drive digital transformation forward. Naseej empowers its partners to streamline operations, enhance user experiences, and achieve their strategic goals. Through innovative solutions like Medad Cloud Platform and initiatives like Naseej Academy, Naseej continues to shape the future of education and knowledge management across the region.
For more information, please visit www.naseej.com