Qatar is making a significant impact at the Web Summit 2024 in Lisbon with a large delegation aimed at enhancing its global technological presence. The delegation, led by Sheikh Jassim bin Mansour bin Jabor Al Thani, includes key figures from various sectors, showcasing Qatar's commitment to innovation and technology. The participation includes a press conference announcing the first batch of startups under the 'Invest in Qatar' program, which will receive substantial financial support. The Qatari pavilion will feature these startups, highlighting their projects and contributions to the tech landscape.
The Web Summit 2024 follows the success of Web Summit Qatar 2024, which attracted 15,000 participants and 1,000 startups from over 118 countries. This event marked a transformative moment for Qatar's business environment, leading to the registration of numerous new companies and the signing of 24 memoranda of understanding. The Qatar Investment Authority also announced a $1 billion fund to support startups in key sectors like fintech and healthcare, further solidifying Qatar's role in the global tech arena.
Looking ahead, the 2025 edition of Web Summit Qatar is projected to be even larger, with expectations of 20,000 attendees and over 1,500 startups. This growth reflects Qatar's ongoing commitment to becoming a leading destination for technology and innovation, with a diverse lineup of speakers from various industries.
