Intelligent CIO Middle East Issue 112 | Page 51

COUNTRY FOCUS : QATAR ch players in my

businesses by mandating that government procurement from domestic companies grows by at least 10 % annually . The country is also focusing on financial and digital transformation , making investments in fintech , smart cities , and digital governance to boost global investment and improve efficiency across the economy . knowledge-based economy . Technology is central to Qatar ’ s vision for economic transformation . The country is investing heavily in digital transformation , focusing on artificial intelligence , AI , blockchain , and the Internet of Things , IoT to enhance governance and improve business efficiency .
Sustainability is also at the forefront , with Qatar introducing the region ’ s first sovereign green financing framework , which includes the issuance of green bonds to fund eco-friendly projects . The real estate sector is also seeing growth , with the launch of a digital platform and relaxed foreign ownership restrictions to attract new investments .
These efforts are closely aligned with Qatar ’ s Vision 2030 , which focuses on creating a sustainable ,
Qatar is ranked 16th in the World Bank ’ s 2022 GovTech Maturity Index reflecting commitment to advancing technology in the public sector .
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