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Business / Qatar Business

Invest Qatar partners with Uzbekistan's Ministry of Digital Technologies to advance digital transformation and bilateral opportunities

Published: 24 Feb 2025 - 08:16 pm | Last Updated: 24 Feb 2025 - 08:18 pm
Peninsula

The Peninsula

Doha, Qatar: The Investment Promotion Agency Qatar (Invest Qatar) has unveiled a new partnership with the Ministry of Digital Technologies of the Republic of Uzbekistan during Web Summit Qatar 2025. This collaboration aims to accelerate digital transformation initiatives and bolster investment opportunities between the two nations.

The Memorandum of Understanding (MoU) was signed by Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar and Rustam Karimjonov, Deputy Minister of the Ministry of Digital Technologies of Uzbekistan.

The collaborative effort between Invest Qatar and Uzbekistan’s Ministry of Digital Technologies is poised to create a conducive environment for businesses, foster knowledge exchange and streamline investment processes to drive economic growth in both countries.

Through the partnership, Invest Qatar and the Ministry of Digital Technologies of the Republic of Uzbekistan will work together to share market information, investment opportunities and facilitate introductions to key stakeholders to develop the investment environment between the two countries; provide guidance and support on investment projects; collaborate on programmes to attract and develop skilled-talent in the digital economy; and host joint events, workshops and conferences to encourage business connections and investment between the two countries.

Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: “We are pleased to embark on this new partnership, forging a pathway to deepen multifaceted bonds between Qatar and Uzbekistan. With shared aspirations to revolutionise the technological landscape, expedite digital transformation and foster innovation in our nations, this collaboration stands ready to unlock diverse opportunities in the years ahead.”

Rustam Karimjonov, Deputy Minister of the Ministry of Digital Technologies of Uzbekistan, said: "Our partnership with Invest Qatar marks a significant step towards strengthening investment and collaboration in the digital economy. By combining our expertise and resources, we will create new opportunities for businesses, foster innovation, and support talent development in both Uzbekistan and Qatar. This collaboration will not only enhance the investment landscape but also serve as a bridge for technology-driven enterprises to expand and thrive in our respective markets. We look forward to working together to build a more connected and prosperous digital future."