The Qatar Chamber recently announced the launch of its new 2025-2030 strategy which will focus on resource sustainability and service development to keep pace with digital transformation and economic changes.
The strategy aims to position Qatar as a global strategic hub for the private sector, making it the top choice for doing business. It also seeks to promote and support the Qatari private sector locally and globally, representing and defending its interests.
Six objectives to drive growth
Sheikh Khalifa bin Jassim bin Mohammed Al-Thani, chairman of the board of directors of Qatar Chamber emphasized that the strategy is built on six objectives, including:
- Developing the business environment.
- Supporting and encouraging SMEs and entrepreneurs.
- Transforming the chamber into a global hub for communication and influence.
- Advancing into a digital economy.
- Establishing the chamber’s positive image by improving performance.
- Achieving financial sustainability.
To support SMEs, the Qatar Chamber’s strategy aims to establish a specialized department for feasibility and market studies, create an entrepreneurship development center in cooperation with the United Nations Industrial Development Organization (UNIDO), and set up a dedicated body within the chamber to oversee innovation and SMEs.
Moreover, it includes developing an innovation index in collaboration with a specialized consultancy and launching a platform to explore investment opportunities, featuring government investment projects, international investment prospects, and funding-seeking ventures.
Qatar Chamber to implement key initiatives
Through the strategy, the Qatar Chamber also aims to develop a business environment that attracts local and foreign investments by helping the government foster the economy, reviewing business-related laws and regulations, reinforcing the chamber’s role as a link between the government and the private sector, as well as promoting public-private partnerships.
As for the transition to a digital economy, the strategy focuses on digitizing all services and leveraging AI for daily operations within the chamber. Furthermore, it aims to establish a Qatari e-marketing platform that connects the Arab world with global markets and provides a reliable gateway to business, services and consultations.
Through this strategy, the Qatar Chamber also aims to expand and organize its database and information, collaborate with the Ministry of Commerce and Industry to audit data when issuing commercial records, create a directory to classify companies by their type of activity, publish both electronic and printed directories, and organize virtual exhibitions featuring local and international companies.
The chamber’s 2025-2030 strategy includes leveraging its global network to create the largest electronic marketing platform for the Arab private sector, like Alibaba and Amazon. It also proposes the establishment of a company by the chamber to transform the platform into a commercial project that generates revenue for the chamber.
Developing skilled workforce
The Qatar Chamber’s strategy also focuses on developing the skills and competencies of workers in the Qatari private sector and organizing monthly meetings with business owners. Moreover, it seeks to support and promote women’s participation by activating the role of the Qatari Businesswomen’s Forum.
Additionally, it aims to adopt programs to support companies’ investments in training their employees and organizing field visits to companies and factories to identify challenges and propose solutions.
It also targets expanding the private sector’s engagement in activities of the ICC-Qatar, attracting international companies to the Qatari market, and organizing forums and meetings to enhance communication between the local and international business community.
Expanding global footprint
The strategy outlined that, through the Ministry of Foreign Affairs and the Ministry of Commerce and Industry, the Qatar Chamber would collaborate with embassies and commercial attaches abroad to establish commercial representation offices at the new chamber headquarters in Lusail City. This initiative aims to attract foreign investment to Qatar, improve the business environment, promote Qatar’s investments abroad and advance the digital economy.
The strategy also aims to enhance the chamber’s image by improving its performance. This includes employing skilled Qatari professionals, implementing a new strategy for the Qatar International Center for Conciliation and Arbitration, expanding the Research and Studies Department with additional expertise and strengthening the Exhibitions Department to organize exhibitions and conferences. Furthermore, it focuses on developing the Training Department and establishing new divisions to facilitate the strategy’s implementation.