Latest news with #TribuneNewsNetworkDohaInvestQatar
Qatar Tribune
22-05-2025
- Business
- Qatar Tribune
Invest Qatar, Schneider in deal to boost infrastructure in Qatar
Tribune News Network Doha Invest Qatar, the investment promotion agency of Qatar, has entered into a strategic partnership with Schneider Electric, a global leader in the digital transformation of energy management and automation. The collaboration aims to support the company's expansion in Qatar and accelerate the development of smart infrastructure and artificial intelligence (AI) solutions within the country's rapidly growing business ecosystem. Signed during the Qatar Economic Forum, the agreement outlines a collaborative framework to advance Schneider Electric's operations in the country. This includes contributing to the development and expansion of Qatar's AI innovation and smart infrastructure landscape, while nurturing a future-ready workforce. As part of its expansion, Schneider Electric plans to grow its local team, contributing to job creation and talent development in the country. The company will also collaborate with Invest Qatar on a range of learning and development initiatives aligned with Qatar's Third National Development Strategy (NDS3). These efforts will be supported by Schneider Electric's Services Training Centre, located in its newly inaugurated office in Msheireb, Qatar's most sustainable and digitally enabled district. Schneider Electric will offer comprehensive upskilling programmes for Qatari talent and tailored training for customers on automation and smart city technologies. By integrating global technological expertise with local market insights, the partnership aims to further boost Qatar's transition toward a technology-driven economy. Invest Qatar will provide Schneider Electric with tailored support services, facilitate access to key stakeholders and promote initiatives that drive AI adoption, smart infrastructure development across strategic sectors. The partnership will also help raise awareness of Schneider Electric's strategic contributions to Qatar's innovation and sustainability agenda. Commenting on the partnership, Invest Qatar CEO Sheikh Ali Alwaleed Al Thani said, 'We are pleased to partner with Schneider Electric and support its successful business growth journey in Qatar. The company's decision to deepen its presence underscores Qatar's position as an ideal hub for tech innovation and sustainable development. Together, we look forward to driving progress across key sectors and supporting Qatar's transition to a knowledge-based economy.' Schneider Electric Country Manager for Qatar & Kuwait Louie Jarouche said, 'We are proud to strengthen our presence in Qatar, a country whose bold vision for sustainable development and digital transformation mirrors our own. Through our partnership with Invest Qatar, we are harnessing our global expertise in digitalization and electrification solutions to help accelerate the country's smart infrastructure and AI ambitions. This collaboration reinforces our shared commitment to advancing a future-ready, low-carbon economy by empowering local talent and enabling innovation across key sectors in line with Qatar's Third National Development Strategy.' Qatar is strategically leveraging its world-class infrastructure, progressive regulatory environment and strong industry-academic partnerships to emerge as a leading tech and investment hub in the region. The country's National Development Strategy and Digital Agenda 2030 reflect a strategic focus on fostering innovation and integrating advanced technologies across various sectors. By prioritising research and development in emerging technologies, Qatar aims to boost its global digital competitiveness and position itself as a hub for innovation and technological advancement in the Middle East.
Qatar Tribune
20-05-2025
- Business
- Qatar Tribune
Invest Qatar partners with Quantinuum
Tribune News Network Doha Invest Qatar, the Investment Promotion Agency of Qatar, has inked a strategic agreement with Quantinuum, the world leader in quantum computing and developer of the world's highest-performing quantum computer. The partnership aims to strengthen Qatar's quantum computing ecosystem by supporting Quantinuum's recently announced expansion into the region, which was highlighted last week by the President of the United States during his historic state visit to Qatar. Through this partnership, Invest Qatar will provide tailored support services to Quantinuum, including access to key stakeholders, sector-specific insights, and opportunities for collaboration with local innovation and research institutions. Invest Qatar will also promote initiatives that drive quantum computing adoption and raise awareness of Quantinuum's contributions to Qatar's tech landscape. Through this partnership, Invest Qatar will support Quantinuum's expansion into the country to apply quantum technologies for the benefit of key sectors in Qatar, while enhancing local research and development (R&D) capabilities, to create high-skilled jobs and train the next generation quantum workforce in Qatar. This includes facilitating connections with key stakeholders, enabling collaboration in R&D and aligning with national initiatives aimed at advancing quantum technologies. As part of the agreement, Quantinuum will play a central role in advancing Qatar's quantum capabilities by launching a range of targeted initiatives, including knowledge-sharing platforms, educational seminars and technical workshops delivered by Quantinuum's global experts. The partnership also envisions launching joint research projects with Qatari academic and research institutions, exploring opportunities for local integration of quantum technologies and facilitating access to Quantinuum's cutting-edge quantum computing infrastructure. Additionally, internship opportunities will be offered to students from Qatar-based universities, providing direct experience in real-world quantum computing applications. Commenting on the partnership, Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said: 'This partnership with Quantinuum reflects our continued commitment to positioning Qatar at the forefront of next-generation technologies. By combining global expertise with local ambition, we aim to cultivate a thriving quantum ecosystem that drives innovation, supports economic diversification and empowers future talent. We are pleased to work with Quantinuum to unlock the transformative potential of quantum computing for Qatar and the wider region.' Dr. Rajeeb Hazra, President & CEO, Quantinuum, said: 'Launching our presence in Qatar opens an exciting new chapter in a region ready to lead in quantum computing. Building on our recently announced expansion into the country through our joint venture with Al Rabban Capital, and our ongoing partnership with Hamad Bin Khalifa University, this collaboration with Invest Qatar reinforces our commitment to the growth of Qatar's quantum computing ecosystem. As part of the deepening strategic ties between the U.S. and Qatar, we're enabling direct access to our world-leading quantum hardware and software, creating value for academia and industry in Qatar while training the next generation of quantum developers and researchers to strengthen the region's position as a global hub for advanced technologies.'
