Page 79 - SAMENA Trends - October-December 2024
P. 79

REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        Qatar’s Digital Commerce Sector Poised for Significant Growth


        The digital commerce sector in Qatar is set   digital commerce. Sources told The   technologies,  market  saturation, and
        for robust growth, with transaction values   Peninsula  that this growth highlights  the   addressing cultural sensitivities. Despite
        projected  to reach  $7.29bn (QR26.73bn)   acceleration of digital marketing solutions   these challenges,  the overall  outlook
        by  the end of this  year, according to  a   and strategies for strong  businesses,   for the digital market in Qatar remains
        Statista report. The sector is expected to   further transforming  the online shopping   optimistic, with  researchers suggesting
        grow at  a  compound  annual growth rate   dynamics in  the  region. Industry  leaders   that AI, data analytics, and automation will
        (CAGR)  of 21.70%, leading  to a projected   pointed out the evident shift in the Qatari   shape marketing strategies in the coming
        total of $19.46bn from 2024 to 2029. The   economy, with the QR26bn transaction   years. AI technology experts and officials
        report forecasts that over 1.6 million new   value reflecting  the government’s  efforts   praised Qatar’s initiatives during the Web
        users will join the digital commerce market   through spending  and  infrastructural   Summit Qatar and Qatar Economic Forum,
        during  this period,  signaling Qatar’s   projects aimed  at  boosting  the digital   highlighting the potential for local entities
        increasing presence  in  the e-commerce   commerce sector. However, analysts note   to  leverage AI  to  enhance  customer
        space. Over the past decade, the country   that Qatar’s digital commerce market faces   experiences and boost revenue.
        has   seen   significant   developments   certain challenges,  such  as  navigating
        that  have made it  an  active market for   regulatory complexities,  adapting  to new




        CRA Concludes WTSA-24 with Key Global Partnerships and Future-Oriented

        Discussions


        The Communications  Regulatory  Authority (CRA) concluded  its
        participation  in the World Telecommunication  Standardization
        Assembly 2024 (WTSA-24) in New Delhi, India, emphasizing its
        commitment to advancing global telecommunication standards.
        Led by  Engineer  Ahmad Abdulla  AlMuslemani, President  of
        CRA,  the delegation  actively engaged  in high-level discussions,
        highlighting Qatar’s capabilities, its pioneering role in the digital
        landscape,  and its  contributions to sustainable  development
        worldwide.  During  the  two-week prestigious  event,  Engineer
        Ahmad  Abdulla  AlMuslemani,  President  of CRA,  met with key
        leaders from the International Telecommunication  Union (ITU),
        including  Ms.  Doreen  Bogdan-Martin, ITU  Secretary-General,
        Dr.  Cosmas  Zavazava, Director of ITU's Telecommunication
        Development  Bureau, Mr.  Mario  Maniewicz, Director of  ITU's
        Radiocommunication  Bureau, and Mr.  Adel  Mohamed Darwish,
        Regional Director for Arab States at the ITU. Discussions focused   the 2026  ITU  Plenipotentiary  Conference  (PP-26).  Important
        on setting global standards that drive innovation, enhance security,   discussions  were held with  key  ICT  leaders, including  Mr.  Ritu
        and support  growth in the Information and Communication   Ranjan Mittar, Chair of WTSA-24; Mr. Frederic Sauvage, Chair of
        Technology  (ICT) sector,  all  priorities  integral to  Qatar  National   the ITU Council; H.E.  Dr.  Ömer Fatih Sayan, Deputy  Minister of
        Vision 2030. These meetings reinforced Qatar's role in creating a   Transport and Infrastructure of Türkiye; H.E Mr. Bogdan Dumea,
        connected, sustainable future on both national and international   Secretary  of State MCID  Romania; Mr.  Oli  Bird, Chair of Com-
        fronts. During  a collaborative exchange  with Mr.  Javier Juárez   ITU; and Mr.  Oscar Giovanni León  Suárez, Executive Secretary
        Mojica  and Mr.  Arturo  Robles  Ravalo,  Commissioners  of the   of the  Inter-American  Telecommunications  Commission. These
        Mexican Federal Telecommunications  Institute, CRA shared its   meetings  emphasized CRA's  collaborative efforts  to  strengthen
        successful experience in spectrum management during the FIFA   ICT  infrastructure and foster mutual cooperation,  in alignment
        World Cup Qatar 2022™. This dialogue offered valuable insights   with its strategy and future vision. CRA’s active engagement at
        to support Mexico's preparations for the FIFA World Cup 26™ and   WTSA-24 underscored its alignment with Qatar National Vision
        strengthened bilateral relations as part of Qatar’s broader goal to   2030’s  pillars,  promoting economic, social, and environmental
        foster global partnerships under Qatar National Vision 2030. Key   development through innovative and secure ICT frameworks. CRA
        meetings were also held with His Excellency Mr. Mohammed bin   is dedicated to fostering international partnerships that contribute
        Hassan Jaber Al Jaber, Ambassador of Qatar in India, who visited   to Qatar’s digital future, advancing the nation’s goals of sustainable
        CRA’s  booth to  learn about Qatar’s  preparations for hosting   growth and international leadership in telecommunications.



                                                                                                    79    OCT-DEC 2024
   74   75   76   77   78   79   80   81   82   83   84