Latest news with #QatariDiarRealEstateInvestmentCompany
ILoveQatar.net
03-07-2025
- Business
- ILoveQatar.net
Snoonu to launch Innovation District at Lusail Boulevard
Snoonu, Qatar's homegrown tech leader, has officially signed the contract for its new headquarters at Lusail Boulevard, spanning 8,429 Sqm square meters, in collaboration with Qatari Diar Real Estate Investment Company. This strategic move positions the company at the heart of Qatar's evolving digital economy and reinforces its role in supporting the nation's innovation agenda. The newly designated Snoonu Innovation District will serve as more than a corporate office; it will become a hub for technological advancement, talent development, and cross-sector collaboration. Designed to reflect Snoonu's dynamic identity, the district will bring together high-performing teams in an environment that inspires creativity and excellence. With a growing workforce in Qatar and beyond, this expanded space underscores Snoonu's ambition to scale its operations and continue driving growth as one of the country's leading technology companies. Located in Lusail Boulevard, the new headquarters benefits from its prime position in Qatar's visionary smart city, seamlessly connected to Doha. The district is designed to foster innovation with state-of-the-art infrastructure, making it an ideal environment for Snoonu to thrive and contribute to Qatar's technological ecosystem. Snoonu leadership believes this is more than a property acquisition. 'The new headquarters represents our commitment to building a future-ready Qatar,' said Mr. Hamad Al-Hajri, Snoonu CEO and founder. 'We are creating a space that fosters innovation, attracts global talent, and contributes to the country's transformation into a regional and international technology hub.' Designed to grow alongside Snoonu's expanding operations, the new headquarters aligns with Qatar National Vision 2030, particularly in advancing economic diversification and knowledge-based industries. The 8,429-square-meter space will be tailored to support scalable innovation, agile product development, and integrated teamwork across departments. Eng. Fahad Abdullatif Al Jahrami, Chief Development and Asset Management Officer – Qatar at Qatari Diar Real Estate Investment Company, commented: 'We are proud to welcome Snoonu to Lusail, as part of our ongoing efforts to attract leading national companies and support a progressive business environment in Qatar. This initiative contributes to the country's pursuit of a diversified, sustainable economy built on knowledge and innovation, reinforcing Qatar's position as a regional hub for technology and entrepreneurship.' As part of its forward-looking vision, Snoonu aims to build a team of around 1,000 engineers, AI scientists, data analysts, and innovation specialists by 2030, reinforcing its position as a hub for attracting top local and international talent. The company is committed to creating an integrated work environment that empowers these professionals to develop advanced digital solutions that enhance quality of life and drive sustainable development in Qatar, while further positioning the country as a regional leader in technology and innovation. Snoonu's decision to establish its presence in Lusail further underscores the company's investment in Qatar's digital future, bridging local talent with global standards and reshaping the narrative of what's possible within the region's tech ecosystem.
Qatar Tribune
27-05-2025
- Business
- Qatar Tribune
Qatar takes part in 2nd Asir Investment Forum
QNA Riyadh Qatar participated in the second Asir Investment Forum, held in the Asir region of the Saudi Arabia on May 26 and 27 under the theme 'Asir Flourishes'. The event convened a substantial number of high-ranking officials, decision-makers, and investors from within the Kingdom and abroad. Qatar was represented by a delegation headed by Minister of Municipality Abdullah bin Hamad bin Abdullah Al Attiyah, alongside representatives from the Ministry of Municipality, Qatari Diar Real Estate Investment Company, and Barwa Real Estate Group. The participation underlines the State of Qatar's steadfast commitment to bolstering bilateral cooperation with Saudi Arabia and sharing expertise in urban planning, sustainable development, and investment attraction. The forum is one of the foremost development and tourism platforms in Saudi Arabia. It has focused on exploring the economic, cultural, and tourism potential of Asir, which embraces over 4,000 heritage villages as outlined in the Saudi Vision 2030 goals, a vision that intends to draw 10 million visitors to the region annually. On the margins of this forum, Al Attiyah met with HRH Governor of Asir Region Prince Turki bin Talal bin Abdulaziz Al Saud, Saudi Minister of Tourism Ahmed bin Aqeel Al Khateeb, and Saudi Minister of Communications and Information Technology Eng Abdullah bin Amer Al Swaha. The meeting addressed avenues for boosting cooperation between Qatar and Saudi Arabia in the areas of urban development, as well as investment and municipal integration. Additionally, Al Attiyah took part in the forum's opening ministerial session, which highlighted the role of urban planning and the integration of municipal entities in creating enduring viewpoints. He discussed Qatar's experience in organising the FIFA World Cup Qatar 2022 as a quintessential model of sustainable urban planning and integrated infrastructure. The Qatari economy has remarkably flourished over the past years, especially in the real estate sector, driven by strategic projects and attractive investment legislation within a holistic vision that is based on quality of life and infrastructure sustainability, he noted. Al Attiyah highlighted flagship projects such as Msheireb Downtown Doha and Lusail City, which encapsulate the notion of a human-centered city where the individual and cultural identity are placed at the core of urban planning. This Qatari participation further reaffirms the State's steadfast commitment to reinforcing Gulf integration and facilitating the exchange of expertise in the domains of investment, urban development, and tourism, thereby advancing shared regional objectives and contributing to the realization of sustainable development across the region.
Qatar Tribune
21-05-2025
- Business
- Qatar Tribune
Qatar's real estate sector resilient, says minister
QNA Doha Minister of Municipality and Chairman of Qatari Diar Real Estate Investment Company HE Abdullah bin Hamad bin Abdullah Al Attiyah emphasised that real estate remains among the resilient economic sectors despite the challenges, considering that understanding local culture and consumer behaviour is the basis for successful real estate investment. During his participation in a high-level panel of discussion on 'Global Real Estate Horizons: Navigating Growth and Demand' at Qatar Economic Forum 2025, the minister noted that 'real estate is not measured solely by quantity, but also by quality and location'. He considered real estate investment to be viewed as owning a work of art, requiring knowledge of when, where, and how to invest. He added that real estate is affected by the economy, but it remains a means of protecting wealth and hedging against currency fluctuations. 'Even when interest rates rise, people don't stop living there, which drives growth in the rental market,' he emphasized, adding that demand for real estate remains strong despite the challenges. He pointed to the massive tourism project in the Simaisma area, which includes an entertainment city called the Land of Legends in Qatar. He pointed out that the IMD World Smart Cities Ranking placed Qatar first in infrastructure, stressing that this constitutes a strong foundation for expanding the tourism sector, particularly family tourism, in line with the country's vision. The minister addressed the international real estate investment market, saying that capital is available, but it must be directed selectively and thoughtfully. He noted that cross-border investments registered a 57 percent increase in the first quarter of 2025, reflecting investor caution, not a lack of capital. He discussed global real estate transaction figures, noting that it showed signs of recovery. The value of transactions in the United States reached $93 billion (up 37 percent), in Europe, the Middle East, and Africa $55 billion (up 41 percent), and in Asia $36 billion, which was up 20 percent compared to 2024. He highlighted that artificial intelligence represents an exceptional breakthrough, noting that the Middle East is best prepared to invest in it, thanks to the availability of modern infrastructure, the world's cheapest energy, and advanced data systems. In response to questions from the audience about regional competition in the entertainment and tourism sectors, he stressed that Gulf countries do not view each other as competitors, but rather as a single, integrated system, adding that Gulf states complement each other. He noted that, when they build, they do not create one amusement park next to another. Rather, they look at what has been achieved and build on it. He cited the tourism coordination council, and that all of them benefit from the boom in Saudi Arabia. He also stressed that Dubai was a partner, not a competitor. A tourist visits Qatar, then heads to Dubai or Saudi Arabia, and this was complementary. He pointed out that Qatar was one of the safest countries in the world, with high-quality schools. Qatar is building on these values to provide a different and safer lifestyle, and this is what Qatar is showcasing in its smart cities. Concluding his remarks, the minister addressed Qatar National Vision 2030, saying that the country's urban intersections are among the most prepared globally for the use of artificial intelligence. He emphasized that the Gulf countries, particularly Qatar, have a unique opportunity to lead the use of artificial intelligence in urban planning and smart cities, enhancing the sustainability of development and accelerating its pace.
Zawya
31-03-2025
- Business
- Zawya
Qatari Diar unveils waterfront townhouses at Downtown Lusail
Qatari Diar Real Estate Investment Company has unveiled the launch of exclusive, upscale waterfront townhouses at The Seef in Downtown Lusail, located in the vibrant heart of Lusail's waterfront district. These luxurious residences offer stunning sea views and an exceptional lifestyle for both investors and residents. The Seef presents a rare investment opportunity, with prices for the townhouses starting at QAR 3.4 million ($921,924) and apartments from QAR1.7 million ($460,962). Lusail's dynamic real estate market offers substantial growth potential for investors. The Seef provides freehold ownership and residency, making it an attractive option for foreign investors. With mortgage financing options available through leading local banks, along with direct payment plans offering 0% interest from Qatari Diar - spanning up to 6 years for apartments and 4 years for townhouses -owning a property in The Seef has never been more accessible. The Seef project represents the perfect blend of modern design and integrated services that meet the aspirations of investors seeking quality of life and luxury. According to Qatari Diar, the ready-to-move-in townhouses offer a new concept of contemporary living, thanks to their stunning sea views of the Qetaifan Islands and the breathtaking skyline of Lusail City. Lusail is known for its advanced infrastructure and futuristic designs, making it a place that combines smart and sustainable living in urban areas while offering a distinctive residential experience that blends luxury and innovation. Additionally, the project features a range of integrated amenities, including sky bridge swimming pools, a fitness club, children's playgrounds, squash courts, beach access, and peaceful walking paths. The project's prime location offers easy access to major road networks, public transportation, shopping centers, healthcare facilities, and educational institutions in Lusail, said Qatari Diar in a statement. It is also conveniently close to key attractions in Qatar and Lusail, such as Meryal Waterpark (the largest in Qatar), Lusail Marina, and Place Vendôme Mall, all just minutes away from some of the most modern destinations in Qatar. This provides residents with unmatched conveniences, placing the full potential of Lusail's vibrant and dynamic city life at their doorstep, it added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
29-03-2025
- Business
- Trade Arabia
Qatari Diar unveils waterfront townhouses at Downtown Lusail
Qatari Diar Real Estate Investment Company has unveiled the launch of exclusive, upscale waterfront townhouses at The Seef in Downtown Lusail, located in the vibrant heart of Lusail's waterfront district. These luxurious residences offer stunning sea views and an exceptional lifestyle for both investors and residents. The Seef presents a rare investment opportunity, with prices for the townhouses starting at QAR 3.4 million ($921,924) and apartments from QAR1.7 million ($460,962). Lusail's dynamic real estate market offers substantial growth potential for investors. The Seef provides freehold ownership and residency, making it an attractive option for foreign investors. With mortgage financing options available through leading local banks, along with direct payment plans offering 0% interest from Qatari Diar - spanning up to 6 years for apartments and 4 years for townhouses -owning a property in The Seef has never been more accessible. The Seef project represents the perfect blend of modern design and integrated services that meet the aspirations of investors seeking quality of life and luxury. According to Qatari Diar, the ready-to-move-in townhouses offer a new concept of contemporary living, thanks to their stunning sea views of the Qetaifan Islands and the breathtaking skyline of Lusail City. Lusail is known for its advanced infrastructure and futuristic designs, making it a place that combines smart and sustainable living in urban areas while offering a distinctive residential experience that blends luxury and innovation. Additionally, the project features a range of integrated amenities, including sky bridge swimming pools, a fitness club, children's playgrounds, squash courts, beach access, and peaceful walking paths. The project's prime location offers easy access to major road networks, public transportation, shopping centers, healthcare facilities, and educational institutions in Lusail, said Qatari Diar in a statement. It is also conveniently close to key attractions in Qatar and Lusail, such as Meryal Waterpark (the largest in Qatar), Lusail Marina, and Place Vendôme Mall, all just minutes away from some of the most modern destinations in Qatar.
