The Peninsula Qatar🇶🇦
Qatar drives strong digital growth with nearly QR180m in startup revenues
Earnings
<p>Doha, Qatar: Qatar has driven significant digital growth in Qatar, resulting in the registration of 130 startups, generating over QR178m in revenue, and more than QR316m in raised capital, according to the Ministry of Communications and Information Technology (MCIT).</p> <p>The Ministry, on its X platform, stated that this has signaled a major leap forward in creating 1,485 local jobs by supporting tech-driven entrepreneurship.</p> <p>The latest data underscores a thriving digital ecosystem driven by key integrated initiatives including the TASMU Accelerator, the Digital Incubation Center, the Scale Now Program, and SME GO DIGITAL.</p> <p>These interconnected platforms ensure that entrepreneurs receive comprehensive support at every stage of development, systematically transforming raw creative concepts into sustainable corporate realities that actively diversify the national economy away from traditional hydrocarbon reliance.</p> <p>Focusing on early-stage ideas, the Digital Incubation Center has incubated 411 startups and supported 1,078 entrepreneurs, including 167 Qatari entrepreneurs and 256 female entrepreneurs, of whom 56 are Qatar nationals.</p> <p>The Ministry also noted that TASMU Accelerator has firmly established Qatar as a global hub for high-growth tech innovation.
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