Startup Qatar Investment Programme Archives - PC Tech Magazine https://pctechmag.com/topics/startup-qatar-investment-programme/ Uganda Technology News, Analysis & Product Reviews Tue, 03 Dec 2024 09:57:45 +0000 en-US hourly 1 https://i0.wp.com/pctechmag.com/wp-content/uploads/2015/08/pctech-subscribe.png?fit=32%2C32&ssl=1 Startup Qatar Investment Programme Archives - PC Tech Magazine https://pctechmag.com/topics/startup-qatar-investment-programme/ 32 32 168022664 Honestly, We Can’t Wait for Web Summit Qatar 2025 — Paddy Cosgrave https://pctechmag.com/2024/12/we-cant-wait-for-web-summit-qatar-2025-paddy-cosgrave/ Tue, 03 Dec 2024 08:41:25 +0000 https://pctechmag.com/?p=81131 As 2024 comes to a close, Runway to Web Summit Qatar kicked off preparations for Middle East’s leading tech event, set for February 23–26, 2025. The summit aims to surpass the 15,000+ attendees from the inaugural event, further establishing Qatar as an innovation powerhouse.

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Qatar is set to showcase its growth as a global tech leader at Web Summit Qatar 2025, building on the success of the 2024 edition. A glimpse of the upcoming event was unveiled on Monday at M7, where Scale7, an incubator by QDB and M7, hosted the latest Runway to Web Summit.

Runway to Web Summit events support local tech communities ahead of Web Summit events, fostering innovation and growth. The latest gathering brought together Web Summit founder and CEO Paddy Cosgrave, along with QDB CEO Abdulrahman Hesham Al-Sowaidi, to discuss the future of tech and its impact on Qatar’s ecosystem. They were joined by local Qatar-based startups SkipCash (mobile payment platform), Adeer (AI business management solution), Wqtah (platform for booking local experiences), and Kafy (food-tech) who shared their latest innovations and future plans.

Speaking at the event, Web Summit CEO, Paddy Cosgrave highlighted the potential of Web Summit Qatar 2025. “We are delighted to be in Doha today, alongside some incredible local Qatari startups showcasing the immense talent and potential of this region—which is truly exciting. It’s great to see some of last year’s participants returning as partners for this year’s event,” said Cosgrave. “We’re also thrilled to be here with Qatar Development Bank, who have been such a key part in growing Qatar’s startup ecosystem by offering support and resources that entrepreneurs need.” He added;

Honestly, we can’t wait for Web Summit Qatar 2025.

In 2024, Web Summit Qatar showcased the potential of Qatar’s entrepreneurial ecosystem, a foundation 2025 is set to amplify. “The success of Web Summit Qatar 2024 highlights Qatar’s role as a global hub for innovation and entrepreneurship, showcasing exceptional talent and opportunities across the Middle East, Asia, and Africa,” said Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the
Government Communications Office and Chairman of the Permanent Web Summit Organising Committee.

“As one of the fastest-growing events in the region, Web Summit Qatar attracts increasing global attention, underscoring its significance as a platform for innovation and collaboration. Building on this momentum, the 2025 edition will foster deeper partnerships, empower more startups, and drive greater progress in the tech and innovation sectors,” he added.

(L-R): Abdulrahman Hesham Al-Sowaidi; CEO of Qatar Development Bank, Paddy Cosgrave; Web Summit Founder and CEO, and Hamad Al-Amari; Qatari comedian and entrepreneur in a panel session at the Runway to Web Summit Qatar in Doha on Monday, December 2, 2024. Courtesy Photo.
(L-R): Abdulrahman Hesham Al-Sowaidi; CEO of Qatar Development Bank, Paddy Cosgrave; Web Summit Founder and CEO, and Hamad Al-Amari; Qatari comedian and entrepreneur in a panel session at the Runway to Web Summit Qatar in Doha on Monday, December 2, 2024. Courtesy Photo.

During the February event, Qatar Development Bank (QDB) unveiled its latest Startup Qatar Investment Programme under the Startup Qatar platform, aimed at supporting tech startups in establishing or expanding operations in Qatar. The event marked the signing of 24 Memoranda of Understanding, fostering strategic partnerships to advance the country’s tech ecosystem.

At the Runway to Web Summit gathering in Doha today, QDB CEO Abdulrahman Hesham Al-Sowaidi emphasized Web Summit’s role in driving innovation and collaboration, reinforcing Qatar’s position as a global leader in the tech and startup sectors.

“Web Summit Qatar represents a powerful testament to Qatar’s emergence as a global innovation hub. When thousands of startups from around the globe converge here and express interest in our ecosystem, it signals something truly transformative,” said Al-Sowaid. “We’ve successfully created an environment where innovation thrives, where government support meets entrepreneurial spirit, and where great ideas find the resources to become global solutions.”

Al-Sowaid continued, “Qatar today stands as a launch pad for innovation, connecting visionary entrepreneurs with unprecedented opportunities. Through platforms like Web Summit, we’re actively shaping the future of global innovation and establishing Qatar as the natural home for transformative ideas in the region and beyond.”

The latest Runway to Web Summit gathering in Qatar also spotlighted the contributions of Qatari startups through a panel where founders shared their journeys, challenges, and goals.

After attending as startups at the inaugural Web Summit Qatar in 2024, SkipCash, a QR-based mobile payment app, and Wqtah, a platform for booking local experiences, are returning as partners for the 2025 event. Both shared how participating in last year’s event influenced their development and prepared them for future opportunities.

Web Summit Qatar 2025 is set for February 23–26.

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