With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
With an expanded space and a growing portfolio of programmes, the Qatar Science and Technology Park (QSTP) is an established fixture in Qatar’s burgeoning start-up culture.
Given the unique and advancing role of cloud services in the market, how has the IT industry locally adapted to meet growing demand?
Developing telecommunications has been a priority for Qatar. Ooredoo, formerly Qatar Telecom (Qtel), led investment for several decades until the government sought to eliminate Qtel’s monopoly. Competition was introduced through legislations which increased private sector participation, leading to Vodafone’s entry. The World Economic Forum’s “...
The telecoms sector in Qatar has grown at a tremendous rate over the last decade. Mobile phones are now virtually ubiquitous across the country, while the use of other communications technologies such as smartphones, tablet computers and broadband internet connections continues to increase in popularity. Significant public sector investments...
Tremendous economic growth over the last few decades, supported by an ambitious national vision to develop the economy into one that is knowledge-based, has helped drive significant growth in the country’s nascent IT sector. Reports from the government support this assessment, highlighting that the ICT sector is on track to record 10% annual...
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