QRDI and US-Qatar Business Council Sign 5-Year Memorandum of Understanding

QRDI and US-Qatar Business Council Sign 5-Year Memorandum of Understanding

Qatar Living
By Qatar Living

A Memorandum of Understanding (MoU) signed between the US-Qatar Business Council (USQBC) and Qatar Research, Development, and Innovation Council (QRDI) at the Qatar Economic Forum signifies a major leap forward in bilateral relations. The MoU was signed by Eng. Omar Al-Ansari, QRDI Council’s Secretary General, and Sheikha Mayes Al Thani, Managing Director, USQBC Doha, on the Innovation Day at the Qatar Economic Forum 2024, on 16th May 2024.

This strategic partnership underscores a shared commitment to fostering a vibrant innovation ecosystem that benefits both nations. The five-year agreement will serve as a bridge, connecting US companies with Qatar's dynamic R&D landscape and propelling collaborative innovation projects.

The USQBC, a leading advocate for US-Qatar economic ties, will leverage its established platforms to facilitate American business participation in Qatar's exciting R&D opportunities. This will bolster Qatar's innovation ecosystem but also unlock new avenues for US companies.

Sheikha Mayes al Thani, Managing Director of USQBC, expressed her enthusiasm: "This agreement is a game-changer, paving the way for increased US business participation in Qatar's dynamic and progressive landscape. Together, we will unlock the immense potential for growth and prosperity for both our nations."
"This MoU is a testament to our unwavering commitment to fostering innovation and collaboration. Our collaboration with USQBC through this MoU enriches our commitment to fostering international strategic collaborations in vital areas of innovation and research. Through this partnership, we aim to leverage USQBC's platforms and events to promote QRDI's innovation programs and attract American businesses to engage in RDI activities within Qatar. Furthermore, we seek to drive collaborative innovation efforts by promoting Qatar's RDI ecosystem, facilitating connections, and fostering dialogue between innovators from both nations, ultimately contributing to the development of a vibrant and sustainable knowledge-based economy in Qatar." Said Eng. Omar Al Ansari, Secretary General of the QRDI Council. QRDI Council, a driving force behind Qatar's national advancement, will work hand-in-hand with USQBC to address critical challenges through cutting-edge research and development.

By focusing on promoting QRDI Council's innovation programs, enhancing commercialization opportunities, and fostering policy dialogue, this MOU lays the groundwork for strategic collaboration in key areas. This partnership promises to be a catalyst for a future fueled by innovation and progress for both the United States and Qatar.

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