Qatar lays foundations for a diverse, Concrete steps taken

Qatar lays foundations for a diverse, knowledge-based national economy

Concrete steps taken to ensure steady non-energy growth

Attractive incentives for SMEs and start-ups in Qatar FOCUS PUBLICATION

3Celebrating National Day with tales of success!

QATAR’S ECONOMIC POLICY

Laying the foundations for a competitive, diversified, knowledge-based economy

Qatar’s economy is one of the region’s strongest and one of the world’s most promising economies. Qatar has

maintained balanced growth rates despite global challenges. The country’s GDP grew by 2.5% in the first quarter of 2017 compared to the first quarter of 2016.

Over the past few years, Qatar has succeeded in reinforcing its economic standing on the world map, in accordance with the policies adopted by His Highness the Emir, and in line with the Qatar National Vision 2030, which aims to lay the foundations for a diversified and competitive knowledge-based economy.

Qatar recognizes the importance of balancing its economic policies which aim to create a diversified national economy while strengthening its natural resources and wealth. As such, Qatar succeeded in adopting an integrationist approach which made the contributions of the non-hydrocarbon sector to the GDP reach more than 70% in 2016.

In addition, Qatar continues to focus on the energy sector as an important source of national revenue by working towards increasing natural gas production levels to reach 30%, which reinforces Qatar’s position as the biggest producer and exporter of LNG in the world.

These systematic economic policies have contributed to supporting all of the state’s sectors so they become an active partner in reinforcing the national economy and enhancing the investors’ trust in it.

In this context, Qatar provides a promising investment environment in the most important sectors for the national economy and has accompanied it with an administrative and legislative system that motivates business. This environment is characterized by:

1. Creating a Legislative Framework to develop business and attract investment

Qatar has taken a number of measures to stimulate investment and attract foreign

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investment to vital sectors of the economy, including issuing a set of new commercial laws, facilitating the process for obtaining licenses for establishing business centers, and licenses for commercial businesses, and giving special privileges to international investors who wish to invest in Qatar.

2. Advanced Business Environment

Qatar is ranked 2nd globally for its stable macro-economic environment and 18th globally in the 2016 Global Competiveness Index, largely due to its policies which have created an advanced business environment. These policies include adhering to all trade agreements, implementing flexible economic policy to facilitate business and investment, and giving special privileges to non-Qatari foreign investors, allowing them to provide up to 100% of capital for any project, and exempting them from income tax for up to 10 years.

3. Promising Investment Opportunities in various sectors

Qatar’s adoption of open economic policies and diversified economy has made the investment environment more attractive by launching important partnership projects between the private and the public sectors and providing promising investment opportunities in various sectors, including logistics, food security education, health and sports.

4. Developed Infrastructure

Qatar has increased government spending on infrastructure projects with the aim of strengthening the competiveness of Qatar’s economy on the regional and international levels. Its major infrastructure projects include Hamad Port, Hamad International Airport, Doha Metro, development of a dynamic road network, high-quality logistical areas, and financial centers.

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Satco International With Qatar in all weathers

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naseem al RabeehSuperior healthcare with compassion and dignity

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FmmAiming to contribute to the development of Qatar

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marsa malaz KempinskiQatar’s first ultra-luxury hotel

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aster QatarCare like nowhere else

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QterminalsPoised to be the region’s best port terminal operator

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aStaD Committed to ensuring Qatar’s infrastructure leads the way

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textec International World class products for world class projects

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allianz partnersLeading the international health team of Allianz Partners in Qatar

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4 Celebrating National Day with tales of success!

Distinguished for its unwavering commitment to quality and relentless passion for innovation, SATCO

International has been a major player and reliable partner in Qatar’s development for over three decades.

Since its inception in 1982, the company has not only kept pace with the breathtaking transformation that Qatar has undergone over the past decades but has mastered the art of evolution, seamlessly supplying services and solutions specifically engineered to meet Qatar’s unique requirements and establishing itself as an essential partner in a variety of sectors.

SATCO’s strict adherence to business ethics has enabled the company’s steady growth from obscurity to international prominence along with earning it lasting trust among its partners, which range from private firms to public entities and from local SMEs to multinational corporations.

At the helm of affairs all along this impressive journey of SATCO has been its Managing Director, Mohammad Sabih Bukhari, popularly known as M.S. Bukhari, who joined the company when it was a tiny, single-store business.

Bukhari is singularly credited for propelling SATCO to its current position, while climbing the leadership ladder himself from a sales executive to its Managing Director.

Bukhari’s passion did not allow him to be complacent even after leading SATCO’s rise to prominence. He went on to establish a number of other successful organizations, renowned among which are Henkel Polybit Ltd, Choice Group, and H.P. Industries in Qatar.

On this occasion of Qatar’s National Day, we sat with him to have a peek at the company’s 35-year journey and his personal experience of living and doing business in Qatar.

“It’s my 32nd year in Qatar, but I feel like it’s just the beginning and that we have a long way to go,” he begins.

“Our growth reflects the growth of Qatar itself. From a small shop of building materials, we are today an organization with over a dozen full-fledged divisions each a specialist in its respective area. Due to our vast products and services portfolio, we have been part of almost every major infrastructure development project undertaken in Qatar over the past 30 years.”

Bukhari asserts that the distinguishing feature of his organization is their commitment to excellence, which is in turn brought about by their passion for what they do.

“We have a passion to be the best, the passion to lead, the passion to pioneer. Profit is not our goal; our goal is being number in quality and customer satisfaction. Whatever business we are in, we want to bring the best and the latest solutions and technologies applicable and suitable for this land and environment in the most cost-effective ways.”

Bukhari is more proud of being a resident of Qatar than his entrepreneurial achievements in

the country. He says his heart beats for Qatar although his soul remains in India. He cites the warmth, open-heartedness and generosity that the people and the government of Qatar have afforded him as reasons for that pride.

“I am proud as a resident of Qatar, and I have all the reasons and rationality behind that pride. Ever since setting foot on this soil, I have never ever felt – or been made feel – that this is somebody else’s country. I am a proud Indian. I was given the identity and the values by India. Qatar has given me the acceptance, the sense of belonging, the freedom and the opportunities essential for nurturing my potentialities wholeheartedly. It was this love that essentially enabled me to utilize my talents, realize my potentials, and explore my opportunities.

“I would like to believe I am not the only one Qatar has offered these blessings…they are and have always been available for all people irrespective of their nationality. This is the beauty of Qatar. It is a modern country with its own system of values, virtues and humanity. It’s a place where there is no discrimination on the basis of nationality, religion, caste, creed or color, which can be found in so many other places.

“Qatar has always been a country with the utmost goal of peace and prosperity for itself and other nations. Safety and security here are the best in the whole world. Law and order is perfectly maintained. Growth opportunities are one of the best. I came here as a sales executive. Today I own multiple companies. You can imagine the opportunities that Qatar can afford to individuals who want to bring out the best of themselves.”

Bukhari maintains that on top of these advantages, Qatar offers a host of free services to all and sundry without taxing a penny.

“Other countries do provide these services, but at the cost of heavy taxes, which at times exceeds 35% of your income. When I speak with westerners who have not visited Qatar that there are no taxes in this country, they get shocked, arguing it is simply impossible. Yet, here we are in Qatar getting all the security, health, education, entertainment and infrastructure facilities without paying any taxes.”

On sharing some of his secrets to success in business and in life, Bukhari says one should enjoy the journey more than the destination.

“For me, success is not important, the journey towards it is. You succeed and fail every day. If you do not enjoy the journey, success will not mean much to you and failure will be everything. I believe failure is not the opposite of success. The opposite of success is quitting. When you quit, you fail. As long as you have not quit, you are simply covering the distance between you and success. That is why I make sure I put in all my energy and make the journey – the process of not quitting – as enjoyable and beautiful as possible.

Bukhari’s message on the occasion of Qatar National Day is: “Enjoy Qatar, love Qatar, respect Qatar, and stand for Qatar.”

Enjoy Qatar, love Qatar, respect Qatar, and stand for Qatar.

Soul in India and Heart in Qatar

SATCO INTERNATIONAL

With Qatar in all Weathers

Mohammad Sabih Bukhari managing DirectorSatco International


QTerminals, a port operating company, was established by Qatar Ports Management Company (Mwani

Qatar) and Qatar Navigation (Milaha) to manage the first phase operations of Hamad Port in Qatar. The company recently appointed Neville Bissett as its Chief Executive Officer. A veteran in port operations management, Bissett is upbeat about the potential of Hamad Port to develop as a key player in the local, regional and international trade. Gulf Times sat with him to have an insight into the port’s present standing and future possibilities. Excerpts from the interview:

GT: Having worked in various ports from Europe to South America and also in the Middle East, what do you think is unique about Hamad Port?

NB: Hamad Port is one of the largest projects in the Middle East, and has the advantage of being a brand new development with the latest and most technologically advanced equipment, facilities, and services. This means that there is significant room for growth and innovation. As the operator of Phase 1 of Hamad Port, QTerminals is in a unique position to assume responsibility from the start to enable stronger maritime trade and to stimulate economic growth locally, regionally, and internationally. On a personal level, I am grateful and honored by the confidence shown in me by H.E. the Minister of Transport and Communications Jassim Saif Ahmed Al Sulaiti and our Board of Directors, and I am excited by the opportunities and prospects that QTerminals and Hamad Port have to offer.

GT: What are the strengths and opportunities of the new port?

NB: Hamad Port offers a number of exciting opportunities at local, regional, and international levels. As a full service port with state-of-the-art facilities and services, Hamad Port is capable of handling significantly larger volumes than before of both gateway and transshipment cargo, therefore effectively supporting and contributing to the World Cup 2022-related projects, Qatar National Vision 2030, and to the economic growth of Qatar in general. QTerminals was established to provide consistent, quality services to its clients and enable smoother trade flows.

GT: What are the strategies being thought about or the measures in the pipeline to make the port a global hub?

NB: Hamad Port has attracted significant interest from main line operators and the world’s largest shipping companies, which are seeking to enter and grow in the Qatari and regional markets. The transition from Doha Port to Hamad Port has led to an increase in containerised and general cargo trade into and through Qatar due to the expanded facilities, higher productivity, and efficient use of capacity in the port. Whereas Doha Port was used as a feeder port, meaning that it handled cargo generally for local consumption, Hamad Port is seen as a hub port, which means that it now handles both local and regional cargo and, going forward, will handle increasing volumes of international cargo.

GT: How competitive would Hamad Port be vis-à-vis Jebel Ali and in view of Abu Dhabi’s proposed container freight station?

NB: As in any business, competition in ports is healthy and welcome as it ensures the highest levels of service are offered to clients and end users. Jebel Ali is a mature port that has been operational for nearly 40 years. On the other hand, Hamad Port is new, but has already proven its competitiveness with its already-high and continuously improving productivity; extensive warehousing & logistics facilities; and the availability of excellent supporting infrastructure. Over the longer term, Hamad Port will grow in terms of size and capacity and will have a strong international presence in the ports community.

GT: Given the current Gulf crisis, how soon Hamad Port can achieve the optimum utilization and by when it can achieve the break-even?

NB: Shortly after the crisis started, QTerminals and its shareholders, together with Qatar’s supply chain, logistics, and transportation stakeholders made immediate operational and process changes, and quickly adapted to the new situation in order to ensure that Qatar was impacted as little as possible. I believe this reflects the agility, efficiency, and expertise of the entire maritime and transport community in Qatar. The investments made to launch and expand Hamad Port have been substantial, but we have a robust growth strategy in place to ensure that we continue to expand our business in alignment with shareholder interests while providing the highest levels of quality service to our clients.

GT: What is your view on PPPs in the port sector? Which areas have the potential to offer PPPs?

NB: Public Private Partnership projects have proven to be a successful way to generate private investment in infrastructure, especially ports. A significant number of ports worldwide have been built and continue to be built through PPPs, mainly through the BOT (build/operate/transfer) model. Generally speaking, once the appropriate controls and the enabling and protecting legislation are in place, PPP projects can accelerate the delivery of large scale infrastructure, such as trade and passenger hubs, large scale transport networks, and public utilities.

GT: There have been reports that without cooperation among the GCC countries, many Gulf ports may show overcapacity and be subject to pressure in the medium to long term. What is your comment on this?

NB: There are two main types of ports in the Gulf region: feeder ports, which handle local cargo, and hub ports, which handle local, regional and international cargo. World trade is cyclical, but has shown a generally upward trend since 2008. This, along with growth in the regional economies, means that there is sufficient business to keep Gulf ports busy. However, if regional ports rush to expand capacity, then in the medium to long term overcapacity pressure is bound to occur.

QTERMINALS

Excited by the opportunities and prospects that QTerminals and Hamad Port have to offer.

Neville BissettQterminals CeO

poised to be the region’s best port terminal operator


Facilities Management and Maintenance Company (FMM) is one of the leading facility management

services providers in the State of Qatar. The company has been instrumental in the smooth and efficient performance of a large number of organizations in Qatar.

As a joint venture of Ferrovial Services in Qatar, FMM began operations in 2013 with services ranging from Hard Services like MEP maintenance, fire protection systems and security, to Soft Services such as waste management, cleaning, call center, reception etc., in addition to host of other offerings.

Ferrovial Services, a part of Ferrovial Group, is one of the leading global facility management companies having operations in 8 countries across the world. The Ferrovial Group operates business lines as diverse as maintenance and operation services; management of toll roads; design, build and construction management of large infrastructure projects, and airport management. Ferrovial Group’s business line is present in 15 different countries.

In Qatar, the organization brings together their broad-based international technical expertise, systems and processes together with local market knowledge and sensibilities to deliver best-in class services to its clients.

“Our partnership with Ferrovial fundamentally positions us in the market in terms of competitiveness and reliability.” says FMM Chief Executive Officer Irene Vidal.

The delivery of FMM is based on the protocols of BICS for the Soft Services platform and follows ISO9001, 14001 and OSHAS 18,000 in order to have a proper Integrated Management System across all the departments of the company.

As a first but important step, FMM began its operations by providing services to the Hamad International Airport, which is rated as The Best Airport in the region and the 6th Best Airport in the World. “We feel particularly involved in this award, which demonstrates above all the dedication of our team from the top management to the employees on site,” says Vidal.

With more than 2,000 employees for their soft services and around 900 for hard FM services, FMM maintains over 36,000 assets, services over 600,000 square meters daily, and performs some 456,000 periodic planned maintenance and corrective tasks per annum. The company boasts of maintaining the world’s largest catering facility, the catering building of QACC.

“We have developed a robust training and assessment platform that allows us to replicate our knowledge across our teams ensuring a qualified profile of professionals working at FMM. We strictly

adhere to Qatar Foundation’s standards for migrant worker’s welfare. I am glad to say that we have been able to create a truly multicultural and balanced environment, sharing the values and vision of FMM,” says Vidal, adding:

“Our experience places us in a particularly advantageous position as we have developed capabilities that other companies might not have, like expertise in mobilization, training, grooming campaigns, a supply chain of more than 200 companies or our own Import License for example . The support of our international partner Ferrovial adds value to our relationship with clients as Ferrovial is among the top large-scale infrastructure maintenance and management companies in the world”.

“Qatar National Vision 2030 lies at the heart of FMM’s corporate vision. Through our services, we aim to contribute to the human, economic and environmental development of the country. To support this vision, we are working at expanding our services not only in sports facilities, hospitals, railways and smart city projects but also in roads or medium size facilities where we will serve with the same level of excellence.

“We also plan to foray into the waste treatment sector in Qatar. Our parent company Ferrovial has more than 40 years of experience in this field. We believe, our technology coupled with our expertise in recycling and environmental friendly practices will contribute to the sustainable development of Qatar”.

“We are following the guidelines in implementing the ISO14001 and integrate environmental objectives in each of the facilities operated by FMM and make sure that environmental impact is regularly measured and improved. We aim to be recognized as a well-run and efficient service provider able to deliver tailor-made solutions with innovative ideas. We will pursue expansion outside the airport with the same passion and dedication that drives us now. We will dedicate resources and effort to attract, develop and retain qualified and efficient people who are the foundations for the excellence we want to deliver.”

“On the auspicious occasion of Qatar National Day, we would like to congratulate His Highness the Emir of Qatar for his outstanding leadership in developing Qatar’s economy and people. He is the driving force behind the enormous development and changes in the country that are benefiting each and every individual living here. We have around 27 nationalities working at FMM and we are proud that our dedication and commitment is enabling us to contribute and support the Qatar National Vision 2030. On behalf of the entire FMM family, I would like to wish everyone in Qatar a prosperous and glorious National Day.”

FMM - FACILITIES MANAGEMENT AND MAINTENANCE COMPANY

On this auspicious occasion of Qatar National Day, we would like to congratulate His Highness the Emir of Qatar for his outstanding leadership in developing Qatar’s economy and people”.

Irene VidalChief executive Officer

Facilities management and maintenance Company

aiming to contribute to the human, economic and environmental development of Qatar


TEXTEC International, a USA-based global supply solutions company, caters to the needs of the oil & gas,

petrochemicals and steel industries as well as infrastructure development projects such as railways, airports, stadiums and hospitals etc. worldwide.

With branch offices in Britain, India and Qatar, TEXTEC offers quality engineering products along with value-added services in association with world-renowned brands and qualified professionals.

TEXTEC’s strategic relationship with major global brands makes it a one-stop brand partner for all supply solution needs.

Since its inception in Qatar in 2005, TEXTEC has played key roles in the development of a host of major projects in Qatar, including Hamad International Airport, Qatar Emiri Terminal, Sidra Hospital and Research Centre, Qatar National Museum, Mushreib Qatar, Hamad Hospital, Doha Festival City and US Airbase.

In the oil & gas and petrochemicals industry, TEXTEC has supplied to Qatar Petroleum, Total Fina, Exxonmobil, Ras Gas, Qatar Gas and Qatar Chemicals Company.

The only Middle East distributor of Flexmaster USA, TEXTEC is currently a major supplier of materials for Qatar’s stadiums and metro stations.

On the auspicious occasion of Qatar National Day celebrations, Gulf Times sat with TEXTEC International’s President and CEO, Sathya Jith C.P., to get an insight into the company’s past, present and future.

“At TEXTEC, we strive for excellence and go the extra mile to satisfy our customer’s needs,” notes Sathya, adding:

“What essentially sets us apart is our ability to offer world class products thanks to our direct dealing with manufacturers in the US and Europe, our exceptionally trained professionals, our direct product shipments, and our special relationship with manufacturers who support us in unique ways.”

Sathya emphasizes that his company has been striving to play a role in advancing Qatar’s national development goals by helping to extend Qatar’s local manufacturing drive.

“In October this year, as part of our 13th anniversary of successful operations in Qatar, we hosted a corporate networking event in association with the US Embassy in Qatar. We invited our strategic product partners, including Flexmaster USA and Pentair Caddy & BICON. Our focus was to get a local manufacturing deal with Flexmaster USA to support the ‘Made in Qatar’ initiative. Fortunately, Flexmaster USA agreed to have their manufacturing set up in Qatar through TEXTEC

International. This is a major milestone for TEXTEC International.”

Sathya says he was inspired by Qatar to pursue his own business dreams. After establishing his company, Qatar offered him the opportunity to bring into play his expertise and potentials to work for common good.

“I worked in Qatar from 2000 to 2004 as a project manager for Qatar Petroleum, as part of the Doha International Oil & Gas Conference and Exhibition. It was at this time that I realized great opportunities exist in Qatar. I moved to the USA and started exporting engineering and technology products and materials to Qatar. So you can say

I was encouraged by the great progress that Qatar has been making over the years, and thus our success is in part a result of the great opportunities that Qatar stands for.

“Qatar is home to one hundred and eighty different nationalities. I regard Qatar as the land of opportunities. For any supply solutions company the important factor to get motivated every day is seeing cranes in operation. In Qatar they are countless. In the past 13 years, we have grown beyond our expectations and I am 100% satisfied with doing business in Qatar.

On his plans and expectations for the near future, Sathya says his organization’s main objective is to support Qatar in its National Vision 2030 and play a considerable role making the World Cup 2022 the most prestigious event of all time by supplying the world’s best products and solutions at the most competitive cost. Hoping that Qatar will continue to make great strides in all spheres of life as it has in the past couple of decades, Sathya’s message on the occasion of Qatar National Day is:

“I thank Qatar’s truly visionary leader, His Highness Sheikh Tamim Bin Hamad Al Thani, for the opportunities that his leadership has created for everyone. My thanks also go to our strategic partners, clients, friends and all the excellent work force in Qatar. Have a happy National Day.”

TEXTEC INTERNATIONAL

World class products for world class projects

I thank Qatar’s truly visionary leader, H.H. Sheikh Tamim Bin Hamad Al Thani, for the opportunities that his leadership has created for everyone.

Sathya Jith C.P.president and CeO teXteC International


Naseem Al Rabeeh Medical Centre, a popular name in the field of quality healthcare in the Middle East for the

last 30 years, is a branch of Naseem Al Rabeeh Healthcare Group, which is a part of Shifa Al Jazeera Medical Group.

Offering healthcare services on par with international standards, the Group’s unparalleled commitment to serving the healthcare needs of all segments of the population has helped it create its own niche in the region.

Naseem Al Rabeeh was born out of a desire to provide cost-effective yet specialized and superior healthcare services complemented by personalized care for each patient.

Along with the dedication of its staff to attending each of its patient’s needs with compassion, respect and dignity, Naseem Al Rabeeh offers state-of-the-art facilities that have been designed to suit individual patients’ needs.

Operating a number of hospitals, medical centers and dental centers in all of GCC, Naseem Al Rabeeh constantly keeps itself open to the latest developments in medicine and healthcare service industry and adopts the best practices to improve its own service standards.

Naseem Al Rabeeh Medical Centre C-Ring Road branch is an ISO-certified center equipped with state of the art technology. The center has more than 50 specialist physicians in various departments.

The center is affiliated with more than 30 local and international insurance companies, which help to provide cashless healthcare services.

The center has been empaneled by leading Qatari companies like Qatar petroleum, North

Oil Corporation, Muntajath, Gulf Agency, Nakilat, Qatar Airways etc. to provide their staffs the wide range of medical services that Naseem Al Rabeeh offers.

Thus the center serves as a strategic partner of these prestigious companies in promoting health and safety of their employees by conducting annual medical evaluations, medical checkups, and interactive healthcare sessions.

The center has a full-fledged Occupational Health Department staffed with UK-certified Oil & Gas specialist doctors and trained staffs to meet the unique healthcare requirements of off-shore staff.

As part of its continuous improvement and expansion process Naseem Al Rabeeh Medical Centre C-Ring Road branch is expanding to a 20-bedded Daycare Centre with highly sophisticated equipment and an expert team of doctors and paramedical staff.

Premium Naseem Al Rabeeh Medical Centre is one of the best aesthetic and cosmetic centers in Qatar, providing world-class services in cosmetics, skin and dental care, and gynecology.

Al Rabeeh Dental Centre, a multidisciplinary dental center, provides quality treatments affordable for all segments of Qatar’s population.

In addition to the three existing branches, Naseem Al Rabeeh is coming up with five more branches located across Qatar. These include Naseem Al Rabeeh Medical Centre – Al Rayyan, Naseem Al Rabeeh Medical Centre – Al Wakra, Naseem Al Rabeeh Medical Centre – Industrial Area, Al Rabeeh Dental Centre – Aziza, and Al Rabeeh Dental Centre – Matar Qadeem

NASEEM AL RABEEH MEDICAL CENTRE

Superior healthcare with compassion and dignity

Naseem Al Rabeeh Medical Centre bags ‘Best Medical Practice Award’

Naseem Al Rabeeh Medical Centre has been awarded ‘The Rose of Paracelsus Award’ by the Europe Business Assembly (EBA), U.K. and European Medical

Association (EMA), Belgium in their Special Session held last month in London.

Dr. Munir Ali Ibrahim, General Manager of Naseem Al Rabeeh Healthcare Group, received the award from Dr. Costigliola, EMA President.

A joint project by EBA and EMA, the award recognizes “The Best Medical Practice” from around the world. Naseem Al Rabeeh Medical Center has been chosen from the Qatar region.

The Rose of Paracelsus Award is a tribute to the medieval practitioner Paracelsus famous worldwide for his talent and tremendous treatment results. The award is granted to the best clinics and practitioners, whose solid professional reputation is confirmed by quality standards compliance and the patients’ loyalty. The award together with an EMA honorary certificate “The Best Medical Practice’ proves reliability and exemplary practice of a modern medical facility.

“The Best Medical Practice combines an international medical networking platform, providing a short listing and further promotion to high-caliber national healthcare institutions and medical sector suppliers with popularization of innovative services, technologies, products and the European quality standards to healthcare. The project gives its participants a sound foundation in senior medical leadership.

“The Best medical practice” sessions have become a famous professional assembly for healthcare sector CEOs, doctors, hospital managements, wellness and spa professionals, and medical travel facilitators from Europe, Asia, MENA, Africa and Latin America.

The Special Session of the project chaired by Dr. Costigliola, EMA President, brought complex investigation of current market trends in global healthcare and medical travel space via case studies and delegates presentations followed by discussion, and deserved professional recognition.


One of Qatar’s leading project management consultancies and a prominent asset management firm in

the country, ASTAD serves clients in several countries, providing consultancy in project and asset management, covering the design and construction of building and infrastructure projects, and managing all details every step of the way from project conception through to completion and ongoing management.

Officially formed in 2008, the roots of ASTAD trace back to when a team of talented engineers were tasked to provide services for the development of Education City. During Qatar’s construction boom, there was a need for a local project management company to support the development and management of the vast building and infrastructure projects in Qatar. This sparked the establishment of ASTAD.

No matter the size or complexity of a project, ASTAD aims to ensure that it is delivered on time and within budget. The company’s expert team works across a diverse range of sectors from universities and world cup stadiums to transportation systems and entire cities. ASTAD aims to deliver projects to the highest quality, while maintaining the overall efficiency from initiation to completion, establishing priorities and coordinating activities with all stakeholders to ensure that projects are delivered safely. This approach ensures a stable operation and strikes the perfect balance between time and quality.

ASTAD is distinguished by the company’s international team complemented by its local expertise, giving it the competitive edge in the market. One of the first local project management consultancies, ASTAD did not have a great deal of local competition from the outset. However, in the presence of many international firms in Qatar with years of international experience behind them, it had to establish a highly skilled team from all parts of the world. Being a 100% Qatari company, ASTAD is well versed with the processes, systems, culture and traditions here. Over the years this has helped it successfully deliver mega projects that have prepared it for any type of project in a large spectrum of sectors.

The journey of ASTAD from its inception to its current position has been one of milestones every in which of way.

ASTAD is nearing completion on the Sidra Medicine which will be a groundbreaking hospital, research and educational institution - focusing on the health and wellbeing of children and women. Sidra will be a milestone along the path to achieving the Qatar National Vision 2030, and will house some of the most advanced technologies within the region and the world.

ASTAD also delivered the international award-winning architectural masterpiece Qatar Faculty of Islamic Studies (QFIS). QFIS is a profoundly spiritual building that communicates and imparts Islamic values and education in a setting that is modern and progressive.

In addition, ASTAD managed and delivered the Qatar Foundation Headquarters, the Oxygen

Park and the Qatar National Library, each of which is acclaimed.

In 2015, the company successfully delivered the Ali Bin Hamad Al Attiya Arena and the Lusail Sports Arena, in time for the 24th Men’s Handball Championship. These arenas were the first stadiums in Qatar to receive 4 stars in the GSAS Sustainability Rating System, and Lusail is the largest multipurpose hall in the Middle East.

Thanks to the efficient and timely delivery of such magnificent projects, ASTAD has been recognized regionally and internationally. Ranking 9th in ENR’s Top 20 Non-US Firms list, the company has bagged some of the most coveted honors of the industry, including:

• Façade Design & Engineering of The Year award by ABB LEAF Awards, 2017

• Consultancy of the Year award by Construction Innovation Awards, 2017

• Best Infrastructure Project Management Team – GCC award by Capital Finance International, 2017

• Best Construction Project Management Team – Qatar award by International Finance Magazine, 2017

As Qatar continues to increase the scope of its non-hydrocarbon sector to ensure a thriving carbon-based economy works alongside a developing knowledge-based economy, ASTAD is determined to pin its business operations around the four main pillars outlined in the QNV 2030.

As ASTAD emerged out of Qatar’s need to build the large-scale infrastructure and development projects to fulfill the Qatar National Vision 2030 and beyond, it is the company’s responsibility to manage the development of high-profile projects to the highest quality, ensuring this nation’s infrastructure leads the way in innovation, design and practicality, and that each of the projects brings the country closer to achieving its development objectives. ASTAD is committed to ensuring our nation’s infrastructure leads the way in innovation, design and practicality.

Along with its core concern of managing a number of projects in a variety of sectors, ASTAD is set to provide new services in new areas and cover more aspects of project development and on-going maintenance.

The company’s expansion includes more focus in the fields of construction supervision, design consultancy, facility management and staff augmentation while also expanding into new countries and regions. With the 2022 FIFA World Cup on the horizon, followed by the 2030 Qatar National Vision, positive change is being accelerated through various infrastructure developments that surround and accommodate such visions. Qatar’s commitments for major construction projects will guarantee a healthy and strong year for the construction industry.

ASTAD wishes the government and the people a happy Qatar National Day.

ASTAD

Ali Al-Khalifa aStaD CeO

Committed to ensuring Qatar’s infrastructure leads the way

Wishing all the people of Qatar a Happy National Day


BOOSTING SMEs

As part of its efforts to establish a diversified and competitive economy, Qatar has launched wide ranging initiatives in recent years aimed

at boosting small and medium enterprises (SMEs) to enhance their contribution to the national economy.

Through the Ministry of Economy and Commerce (MEC), Qatar has launched pioneering initiatives, such as the establishment of four low-cost storage areas that provide the market with about 2 million square meters of storage space at competitive prices to suit their demands.

The (MEC) has studied several economic sectors, evaluated their competitiveness and submitted to relevant authorities proposals related to activating fair competition mechanisms, encouraging investors, facilitating procedures for activating projects, removing barriers to market access and breaking the monopoly.

The Ministry’s efforts have paid off, boosting Qatar’s rankings in various international reports. Qatar was ranked second in the world in terms of providing a stable macroeconomic environment, eighth in the world economic performance index and 18th in the 2016 Global Competitiveness Index.

The issuance of the new Commercial Companies Law has helped in the establishment of small and medium firms by cancelling the minimum capital requirements to establish limited liability companies.

The law boosted a large proportion of companies established by small investors and entrepreneurs.

The MEC also launched the “One Stop Service for Investor” program, which has simplified and expedited the procedures of all start-up transactions for investors and businessmen. This move also stimulated the private sector by overcoming the obstacles facing them.

In an effort to improve and develop the business environment in the country, the MEC in cooperation with the Ministry of Municipality and Environment has launched an initiative to identify and facilitate the procedures of construction licenses for business centers.

The move also supervises the implementation of stimulus projects and enhances the participation of the private sector in the economic development projects in the country.

In the same context, four logistics areas are being established to meet the shortage of storage space by providing 8 million square meters to cover the need of SMEs and secure logistical services.

These initiatives have benefited SMEs and start-ups considerably and are expected to further boost the private sector to inject larger investments in this SME sector.

Establishment of SEZs and FEZs

Recognizing the success of free zones in attracting the best human capital and improving FDI inflows, the government of Qatar has established new special economic zones (SEZs), as well as a flagship business incubation center that has already had a significant impact on the local start-up landscape.

Free Trade ZonesQatar’s first dedicated free trade zone, Qatar

Science and Technology Park, was established in 2005 and formally launched in 2009, offering incentives including foreign investor tax and Customs duties exemptions, and relaxed Qatarisation quotas.

The 45,000-sq-metre park has a number of tenants working in the fields of energy, health sciences, environment and IT, including Shell, Cicso, GE, Microsoft, Rolls-Royce and Tata.

QSTP has also played an active role in fostering entrepreneurship through start-up training programs, including its technology, innovation and entrepreneurship, corporate research, innovation management, intellectual property and academic research programs.

Qatar’s pioneering initiatives bolster the country’s Smes and start-ups

Contd. on page 16


Marsa Malaz Kempinski, The Pearl – Doha is “a benchmark for personalized luxury in Doha.

Located on its own secluded island, it is touted as “the first ultra-luxury hotel” in one of Doha’s most sought-after locations. The architectural masterpiece showcases the finest European design blended with traditional Arabian elements, a true palace in every sense of the word.

With its 281 luxury rooms, including 69 suites, two Presidential Suites, two Royal Suites, and 12 different gourmet experiences, Doha’s new premier resort is the perfect place to start the journey of discovering Qatar’s unique culture and heritage, combined with the fast-paced development of this modern city.

Marsa Malaz is home to world-class entertainment, whether guests are looking for an exclusive nightlife experience, a sophisticated social setting or the perfect place to soak up cool vibes in a fashionable atmosphere. From casual gatherings at the beach bar to chic drinks in the luxurious lounge, the uncompromised, bespoke levels of impeccable service follow throughout. The much-anticipated roof top club is the hottest venue on Doha’s night-life scene with high-end live performances and top DJs.

Kempinski’s second property in Doha, Kempinski Residences & Suites, is one of Qatar’s landmark buildings, an imposing 62-storey tower that offers unrivalled views of the city’s iconic skyline. Its offerings include luxury suites, services and facilities complemented with a variety of dining options making us highly recognized and a preferred hospitality destination, amongst professional expatriates and locals.

Kempinski Residences and Suites provides chic, cosy and comfortable surroundings, the residence option offers the privilege of living in a prestigious and private location, where superb service starts with fulfilling the simplest requests.

Wissam Suleiman, Kempinski General Manager, says the addition of the two Kempinski properties to Qatar’s hospitality sector is not only an important milestone for the luxury hotel brand, but also for the State of Qatar, which is fast becoming a world-class destination.

“We have been able to become market leaders in luxury hospitality. Our unique locations and comfortable facilities and services have been highly appreciated by the local market,” he adds.

“Celebrating 120 years of the Kempinski brand this year, we are very proud to have two successful landmark properties which are very important for Kempinski’s portfolio. We embody all values and DNA of Kempinski, by bringing forward our luxury hospitality with European flair, along with maintaining the culture of Qatar, finding the perfect balance between the two.

“The Qatari market is very important for both of our properties. We are getting support from the public and corporate

segment, and looking to further grow in Leisure segment. Qataris have an amazing understanding of luxury and they appreciate our services and products in both properties, based on their feedback.”

Suleiman says following the vision of Qatar Tourism Authority Kempinski aims to provide support to promote Qatar as a world-class tourist destination characterized by its deep historical and cultural roots.

“We will help reflecting this vision in the international markets too by supporting the new offices of QTA, as well as strengthening the relationship of the existing offices. Qatar is a very important market for Kempinski as a brand and we are further developing after careful analysis of the needs of our customers by perfectly matching our offering.”

Hopeful that Qatar will continue to attract more foreign tourists due to a variety of attractions unique to this land, Suleiman says Qatar is a family-oriented destination which offers a variety of engaging family activities throughout the annual calendar.

Qatar will continue to attract more foreign tourists due to a variety of attractions unique to this land

“In addition, the generosity and the kindness of the Qatari nationals is something that really positions the nation as one of the most welcome countries for tourists. Now that more than 80 new visa on arrivals are being offered, we expect a sizeable increase in the number of tourists. Accordingly, we are looking further to develop our leisure market share from new destinations. We are expecting further growth by Q4, 2018 in leisure market for Qatar.”

Suleiman believes Qatar government’s sound economic policies and robust incentives will boost economic growth and diversification.

“With the flexibility in the process and quick registration for new companies at the Ministry of Economy & Commerce it will bring more interest from international investors to come to Qatar with their businesses. And with the support of the government for self-sustainability we are expecting more new companies to enter the corporate market, as well as small & medium entities, which will benefit from the support of the government.”

On the occasion of Qatar National Day, Kempinski management and staff wish Qatar a very Happy National Day!

MARSA MALAZ KEMPINSKI

Wissam SuleimanGeneral manager Kempinski

Qatar’s first ultra-luxury hotel

Wishing Qatar a very Happy National Day!


Financial support for new businesses is provided through initiatives such as its Proof of Concept Fund, which is allocated to Qatar-based researchers that are developing innovative and commercially viable concepts, and the $30m New Enterprise Fund, which offers start-up capital to registered tenants.

Special Economic ZonesIn 2011 the state launched Manateq to provide

the necessary infrastructure, services and policies required to support SME growth.

Manateq has been assigned the responsibility to develope three SEZs offering the same benefits and exemptions as the QTSP. These include Ras Bufontas, located near Hamad International Airport; Um Al Houl, located near the new Hamad Port; and Al Karaana, located between Doha and Abu Samra.

Ras Bunfontas Special Economic Zone’s strategic location adjacent to Hamad International Airport turns it into a commercial destination in the Gulf region. The world-scale project is an advanced technology and logistics economic zone spread over a 4.01 km² area.

Um Alhoul is a 33.52km2 Light Manufacturing Zone adjoining the New Port. It has a maritime industries cluster, a downstream metal cluster, a plastics & specialty petrochemicals cluster, a building products cluster, a food processing & packaging cluster, a transportation & automotive cluster, and a tools & machinery cluster. In addition, it offers light industrial and warehousing facilities.

Qatar’s third SEZ is the38.43 km² Al Karaana Specialized Industries and Logistics cluster. Situated half way between Doha and Abu Samra, this special economic zone targets building materials, machinery and fabrications, safety and maintenance, specialized warehouse/logistics and specialized spill-over industries.

QDB InitiativesSince its establishment, the Qatar Development

Bank has played a major role in promoting the localization of industry in Qatar.

QDB has partnered with various entities involved in implementing development projects in the country to help include Qatari manufacturers in the supply chains accredited by the authorities that undertake development projects in the country.

QDB efforts have centered on increasing dependence on the local industrial sector; boosting the capacity of the Qatari manufacturing units and the share of Qatari products; enhancing the participation of local factories in development projects; encouraging existing investors to establish new factories; and convince new investors to invest in production and manufacturing areas that meet the requirements of current and future state projects.

With a financing portfolio of QR7.5 billion, QDB is committed to financing all projects that contribute to boosting the local economy and provides training, consulting, logistics and export services.

In this regard, QDB has launched various initiatives and programs:

‘TA’HEEL’In cooperation with the Public Works Authority

(Ashghal), QDB has launched the qualifying initiative TA›HEEL, which seeks to adopt the products of local factories and provide more opportunities to Qatari manufacturers to participate in the implementation of Ashghal›s existing and future construction and engineering projects.

Launched on the sidelines of the second edition of the ‹Buy Local Product› exhibition recently, the initiative aims at encouraging more local investors to establish new manufacturing units that contribute

to state projects, depending on Qatari capacities, resources, industries and human resources.

Covering eight major sectors, including food, paper, medical, chemical, electrical, machinery and automotive, rubber and plastics, and metals, TA›HEEL has helped boost investments by simplifying the process of licensing projects, giving a wide range of privileges to the investors like issuing licenses within 72 hours and procuring visas quickly.

Data indicate that the number of industrial establishments reached 723 facilities in 2017, while the production of local industries ranges from 30 percent to 35 percent of the products consumed in the state

‘TASDEER’Since its launch in 2011, the Tasdeer export

promotion program by QDB has helped Qatar’s non-oil exports to reach 14 percent of the total exports. The export rate before the program did not exceed 6 percent.

While 250 SMEs have access to a large number of markets and established a solid footprint, QDB seeks to increase the sector›s contribution and introduce new knowledge-based industries.

TASDEER has facilitated the participation of exporters in international exhibitions and allowed them

to participate as a group within the Qatari pavilion held in local, regional and international exhibitions.

TASDEER program organizes meetings between Qatari exporters and international buyers after studying the target markets.

‘Own a factory within 72 hours’Own a factory within 72 hours in Qatar is another

successful program that has boosted manufacturing in the country. A one-stop initiative in which 250 investment opportunities were offered in the industrial sector, the initiative witnessed a huge turnout of 9,349 investors.

The 250 investment opportunities in the initiative attracted a large number of investors, especially the food industry with 3,168 investors, whereas the number of registered investors in the mineral industry touched 1,334, paper 1,086, rubber and plastics 941, chemicals 826, medical 710, electrical 732, and machinery and vehicles saw 552 investors.

The percentage of Qatari investors registered for investment opportunities through the initiative was nearly 85 percent. There were also more than 3,000 investors from 52 countries who applied for investment opportunities.

An artist’s impression of the Um Alhoul Economic Zone

Artistic impression of office spaces at Umm Alhoul special economic zone

Contd. from page 14

Celebrating National Day with tales of success!

As the international health experts at Allianz Partners, we have been working with customers in Qatar

for more than 15 years, during which time our business has grown substantially so we feel very much a part of Qatar’s success story.

From just two employees when we first entered the Qatar market, we now have 40 full-time staff dedicated to providing market-leading international life, disability and medical insurance for a range of customers, from family run SMEs to global multinationals.

As part of one of the largest insurance organisations in the world, we have chosen to fully invest in Qatar for a number of reasons.

1. Demand for qualityThere is a demand for quality here, both

in terms of product and service, which is in line with our broader commitments as an organisation. Allianz Partners distinguishes itself from our competitors on the basis of quality. Allianz Partners strives to be the best at what it does. Qatar demands the best and as such our goals and expectations align.

2. Loyalty among our customers and partners

There is also a high degree of loyalty among our customers and partners. In fact, it was this commitment to partnership that was a key factor in our decision to set up a headquarters here in Doha. In 2002, when we were just starting out here we were approached by a leading Qatari businessman who wanted to provide his company with the best private medical insurance on offer globally. Over the next ten years, we looked after this customer and others from our global operations centre in Europe, with support from our small team in Doha. In 2012, with a decade of experience in Qatar and in recognition of the huge potential that the region offered to our business, the decision was taken by senior leadership to open up a dedicated major office here to better meet the demands of the market.

3. Highest international standards

We were also attracted by the high international standards set out by the Qatar licensing and regulatory authorities which ensure a competitive, functioning and transparent business environment. There is an appetite to help businesses to grow in Qatar and to welcome new companies from a variety of industries into the market, which is something that we very much welcome.

Today, we are proud to be considered the top International Private Medical Insurance provider in the country. This is something that is recognised by our

customers and has been made possible in part due to the exceptional local operational support we have on the ground which has enabled us to provide market-leading service to our customers here. Our ambition is to be considered the benchmark for quality in all aspects of our operations.

In terms of future plans, in the short-term, we plan to invest more resources and expand our product offering, as we strive to ensure that we are always available and able to offer the best solutions to our Qatar customers. We expect to see moderate growth in Qatar over the next 12-18 months and very much look forward to seeing what the future brings.

From a business point-of-view, there is no doubt that Qatar will continue to become more economically diverse. There is a “can do” entrepreneurial attitude that has been brought to the forefront of the Qatari agenda and this can only serve Qatar positively.

Our experience of doing business here has been extremely positive and we plan to continue to invest in local staff and operations.

On behalf of the International Health team at Allianz Partners I would like to thank each and every one of our customers, business partners and individual members in Qatar for all their support to date. Their success has been our success and we thank them for that.

Looking forward to a warm and joyful National Day and a prosperous 2018. Shukran Qatar!

ALLIANZ PARTNERS

Looking forward to a warm and joyful National Day and a prosperous 2018.

Colin Downey General manager for QatarInternational Health at allianz partners


Leading the international health team of allianz partners in Qatar


ECONOMIC DEVELOPMENT

Qatar’s economic diversification drive ensures steady growth

Ensuring a sustainable economy beyond hydrocarbons

An essential ingredient of Qatar National Vision 2030, economic diversification and non-energy growth are top priority areas for the sustainable development of Qatar.Although oil and gas will continue to play a key role in the Qatar’s economic growth, the ideal development model would be a balance between an oil-based and a knowledge-based economy.

The government of Qatar has been working to create this balance by expanding and boosting the non-energy sector growth and gradually reducing the share of hydrocarbon industries.

Qatar plans to achieve considerable growth in non-energy sectors through a wide range of initiatives that include encouraging private sector participation, creating opportunities for foreign investment in non-energy sectors, liberalizing foreign ownership and investment regulations, enhancing capital markets, encouraging financial investments, helping local entrepreneurs and maintaining overall competitiveness of the Qatari market.

Creating Opportunities for Foreign and Private Investment

Qatar’s sizeable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world’s largest non-associated gas field, the country is the world’s fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result.

Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period.

As the country actively seeks foreign and private sector investment, the development of its retail and manufacturing sectors will help shore up its economy and present excellent opportunities for foreign investors.

The country’s economic diversification strategy continues to create foreign investment opportunities, especially in its burgeoning retail sector. The country’s financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress.

With its retail market expected to grow at a CAGR of 9.8 percent, reaching USD 284.5 billion in 2018, completion of key projects will further boost the retail environment.

Boosting Non-Energy Growth

Qatar continues to benefit from its position as a critical energy supplier to a number of countries worldwide. Export revenues in 2016 were dramatically affected by falling oil and gas prices, while the state’s import bill continues to rise as a result of major infrastructure construction and rapid population growth.

Declining export revenues have also seen foreign direct investment (FDI) outflows drop as major state-owned corporations underwent significant restructuring. These challenges have been a boon to non-energy growth and diversification. Domestically, FDI showed a sharp turnaround in 2016 as ongoing


liberalization, including the establishment of new special economic zones and improved access to financing, further bolstered non-energy growth, particularly in the small and medium-sized enterprise (SME) segment.

The Qatar Stock Exchange (QSE) has also benefitted from several emerging market upgrades on major global indices, which should help keep domestic markets on a growth path in coming years.

Speeding up LiberalizationSteady, state-centric development and economic

diversification are key priorities of the country’s economic development plan, and this has been reflected in many recent legal reforms and business promotion initiatives launched by Qatar.

Today there are several opportunities for international companies looking to establish Qatari operations. One option is the Qatar Science and Technology Park (QSTP), which offers incentives for entities physically located in the park, including corporate income tax and Customs duties exemptions.

In addition, the Qatar Financial Centre (QFC) has its own tax regulations and rules that apply to activities undertaken by entities established in the QFC. Besides, three other special economic zones – Ras Bufontas, Um Al Houl and Al Karaana – are nearing completion and offer the same incentives as QSTP.

Encouraging Financial Investment

Foreign investment in the banking, insurance and real estate sectors has been permitted since 2004, while the QFC allows major financial institutions and other multinational corporations to establish offices with 100% foreign ownership. All profits may be remitted outside of Qatar, although the QFC does not consider itself an offshore center, free zone or property development company. Every QFC-registered company pays 10% corporate tax on locally sourced profits, one of the lowest corporate tax rates in the world.

By the start of 2016 a total of 188 companies were licensed to operate in the centre – 66 in regulated financial services, 83 in professional and business services, and 39 in investment and management services, up from 165 firms in total in 2013.

Private Sector Financing In addition to offering support for start-ups and

entrepreneurs at QBIC, Qatar Development Bank is also active in improving access to finance for a growing segment of private sector businesses, with a particular emphasis on SMEs. QDB’s Al Dhameen program, for example, assists start-ups and existing companies with obtaining funds for establishment and expansion within the agriculture, fisheries, livestock, non-oil mining, wholesale retail trade, financial, insurance and real estate sectors.

Although Al Dhameen does not offer direct financing, it does issues guarantees to 14 partner banks for 85% of the project’s total finance value up to a maximum of QR15m ($4.1m). Eligible projects include any Qatari SME or any joint venture with a foreign investor, provided annual turnover does not exceed QR30m ($8.2m). Loans for manufacturing projects are set at eight years, with a two-year grace period, and five years for services projects, with a one-year grace period.

Helping Capital Markets The liberalization process was also extended to

the QSE, which was originally known as the Doha Securities Market before being rebranded in 2009. In August 2014 His Highness Sheikh Tamim bin Hamad

technology-related business. The Center’s objectives are to help young entrepreneurs transform innovative ideas into viable businesses, and provide incubation programs that nurture and help grow new businesses by offering expertise, professional guidance, and services throughout the phases of the start-up development.

Easing Procedures and Processes

Qatar dropped three places on the World Bank’s 2016 Doing Business index, coming in at 68th out of 189 countries surveyed. However, the country still performed strongly in several categories. The country remained in first place overall in the paying taxes category, maintained eighth place in dealing with construction permits and rose three spaces in the trading across borders category.

Despite these challenges, Qatar’s FDI outlook remains positive. Over-reliance on hydrocarbons exports, which comprised 81% of the total export base in the fourth quarter of 2015, according to the MDPS, has prompted the government to intensify its efforts to attract new FDI in non-energy sectors. This has led to the launch of several critical initiatives aimed at improving the investment climate and encouraging new entrants in key sectors, particularly manufacturing, industry, tourism, health care, education and agriculture.

Info Courtesy: QNA, OBG

Al Thani introduced reforms permitting up to 49% foreign ownership of Qatar-listed companies. As of July 2015 foreign ownership of QSE shares stood at around 7.5%, according to data from the bourse, much of which is held by GCC nationals and local expatriates. Further amendments were rolled out in March 2015 when the Qatar Central Securities Depository announced it would treat all GCC citizens as Qatari citizens in terms of share and company ownership limits.

Incubating Fledging Businesses

In 2014 Qatar Development Bank (QDB) partnered with the Social Development Centre to launch the Middle East’s largest business incubator, Qatar Business Incubation Center. The mixed-use incubation facility aims to promote local enterprises and align new businesses with Qatar’s requirements for major development projects, including the 2022 FIFA World Cup and the broader Qatar National Vision 2030 infrastructure development program. It offers training, mentorship, networking and investment opportunities, as well as legal advice and two years of rent-free office space.

The QBIC has a mandate to develop QR100m ($27.4m) worth of new companies.The Digital Incubation Center (DIC) by Ministry of Transport and Communication was created to boost ICT innovation in Qatar, particularly among young people at the critical early stages of starting or growing a


Aster Qatar started its operations in 2003; and now operates six medical centres, six pharmacies, one full-fledged diagnostic

centre and the new Aster Hospital.

Aster Hospital Qatar is a 50 bedded specialty hospital, which is designed keeping in mind the comfort of its patients. Situated on Old Airport Road, the new hospital is equipped with advanced facilities and emergency services for providing quality healthcare services. The spacious interiors, advanced facilities and healthcare experts will create a positive ambience that’s conducive to healing.

With 16 outpatient clinics under different specialties, the doctors adopt a multidisciplinary approach to provide holistic treatment to patients. Running on a strong Hospital Information System (HIS) and Electronic Medical Record (EMR) system, efficient patient data management and retrieval is ensured for fast and error-free patient care.

Aligned with the Qatar National Health Strategy 2030 to build a vibrant, healthy and productive society, Aster Hospital Qatar aims to partner in this vision by delivering healthcare with a commitment that defines every aspect of clinical care. Equipped with one of the most advanced Gynecological, Neonatal Intensive Care and Surgical Care Unit in Qatar, the objective of the hospital is to emerge as a single point model that will provide diagnostic and treatment for various disease conditions

Equipped with three state of the art operation theatres, a Pre & Post Surgical Unit, an Intensive Care Unit (ICU) with isolation room and a Day Surgery Unit, the hospital is all set to treat and perform all major and minor diseases and surgeries.

The Obstetrics and Gynecology Unit at the hospital has two Labor & Recovery Suites, Pre & Post Natal Units, Neonatal ICU with Isolation facility and a Well baby Nursery for the newborn.

The diagnostic services include an advanced MRI unit, digital X-Ray, pathology services including an advanced laboratory and a 24 hour pharmacy. This is the first hospital of Aster DM Healthcare in Qatar and its structure was completed within 18 months.

The hospital also offers advanced treatment facilities for general and minimal access surgery, orthopedics and joint treatment, ENT surgeries, dental and maxillofacial, gastroenterology and digestive diseases, urology, emergency medicine and critical care.

In line with the NHS theme for the future of healthcare in Qatar, Aster Hospital will also focus on preventive healthcare and continuous professional growth programs. With specialized medical teams comprising consultants, surgeons, trained nurses, technicians and ancillary staff, we give the promise that We’ll Treat You Well.

Mother and Baby CareThe Department of Obstetrics and Gynecology

at Aster Hospital is a world class multidisciplinary unit that provides high risk pregnancy care, delivery suite and operative delivery for obstetric patients. The team provides medical and surgical (open, laparoscopy, hysteroscopy) treatment for various Gynecological diseases like PCOD,

Aster’s 50 Bedded Multi Specialty Hospital is fully functional

ASTER QATAR

Care like nowhere else

menstrual disorders , fibroids , endometriosis, vaginal prolapse, family planning procedures and others.

The Hospital’s Mother and Baby Unit is equipped with the care, awareness and support services to best understand your pregnancy and prepare you better to welcome your little bundle of joy.

Neonatal & Pediatric CareThe Department of Pediatrics and Neonatology

at Aster Hospital provides comprehensive,

world-class, family centered pediatrics care and a healing environment to sick babies. The department has a faculty of highly skilled and experienced pediatricians dedicated to the care of children, from the tiniest premature infant to the critically ill child.

Emergency Care at its BestThe Department of Emergency Medicine

combines technology and unmatched medical expertise to provide emergency care with utmost efficiency. A full-fledged facility with state-of-the-art clinical support, the team of trained and experienced doctors, paramedics and nurses here have the facilities at hand to extend immediate medical care to critically ill or injured patients.

At Every Stage of LifeGeneral Internal Medicine provides diagnosis

& treatment for a wide range of illness & lifestyle diseases in adults. With a state of art ICU, treatment facilities and trained personnel; we provide the best in therapeutic & diagnostic technology with a caring attitude.

Set Your SensesWe are equipped for advanced micro

laryngeal, microscopic ear and endoscopic sinus surgeries. So you can undergo early diagnosis, treatment and surgical intervention for any ENT disease.

Live Your Best LifeThere is no time like the present to start

thinking about your gastrointestinal health. Keeping up with your GI health is fairly simple and can substantially reduce your risk of developing diseases of the digestive system.

Documents

Qatar lays foundations for a diverse, Concrete steps taken