At a glance
The professional services sector has experienced significant growth due to increasing local economic activity and Qatar’s expanding global presence, contributing $6 billion to Qatar’s economy in 2022. The professional services sector an emerging sector due to the rapid expansion of other industries and domains that utilise professional services in their operations, including legal, consulting, accounting, advertising, and IT. The sector is further experiencing a demand surge because of a significant growth in the legal sector since 2017, driven by the increased need for cross-border regulatory expertise. Despite the challenges the sector faces worldwide, the professional services sector in Qatar remains lucrative due to the country’s appealing and sustainable workforce.
Sector contribution GDP
The Qatar Financial Centre (QFC) is an onshore business and financial centre located in Doha. It was established to create a world class legal and business environment to enhance growth and diversification. It also contributes to Qatar National Vision 2030 for building a knowledge-based economy for the benefit of current and future generations.
The QFC offers domestic and international firms the opportunity to establish and provide a broad range of services, regulated and non-regulated, under a legal and regulatory regime that meets international best practice.
The QFC provides an attractive platform and a transparent and flexible environment for firms to operate successfully in Qatar and the region.
Coworking spaces in Qatar
Doha is actively developing a thriving ecosystem for technology companies, bolstered by the emergence of numerous coworking spaces and incubators that cater to the needs of its innovative youth seeking conducive work environments. Coworking has seamlessly integrated into the lives of countless talented individuals, providing them with an avenue to transform their aspirations into tangible realities.
Who is already here
Expense Reduction Analysts
Expense Reduction Analysts is a company licensed by the Qatar Financial Centre Authority to provide corporate advisory services, particularly in cost optimisation through the global expertise of Expense Reduction Analysts in Qatar. They help in improving internal processes, managing supplier relationships, benchmarking prices, conducting tendering exercises and integrating and identifying new suppliers.
Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialised expertise in strategy, operations, risk management, and organisation transformation. The firm’s 5,000+ professionals help clients optimise their business, improve their operations and risk profile, and accelerate their organisational performance to seize the most attractive opportunities.
Corwell and Moring
Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, and transactional and corporate matters. The firm is internationally recognised for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.
Established in Qatar since 2012, Wunderman Thompson Doha has pioneered growth and development in the Gulf market with groundbreaking work – not least on behalf of its largest client, QNB, the leading bank in the Middle East and Africa. Serving a diversified portfolio, the agency has particular expertise in the real estate, retail and banking sectors. It focuses on helping clients build their brands, form strong social media relationships with their consumers, and use digital strategies to transform their business models. Additional in-house services include bespoke analytics, market insights, and trend tracking.
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