Yahoo! and Qatar’s telecom regulator, the Supreme Council of Information & Communication Technology of Qatar (ictQATAR), have partnered to develop digital media and online content in Qatar.
Yahoo! will work closely with local entrepreneurs and start-ups to grow digital content and stimulate entrepreneurship in Qatar in line with the country's Information and Communication Technology (ICT) 2015 strategy.
Rich Riley, Senior Vice President and Managing Director, Yahoo! Europe Middle East and Africa (EMEA), said: “We are very excited to be entering into this strategic partnership with ictQATAR.
"This is a joint project with common objectives: Qatar has incredible ambitions for growing the ICT sector and Yahoo!, as the premier digital media company, is well placed to make those plans a reality to the benefit of Qatar’s business, brands and consumers.”
Ali Al-Khulaifi, the ICT Market Development Manager for ictQATAR, said: “IctQATAR is committed to developing a vibrant digital content ecosystem in Qatar, with a specific focus on quality Arabic content.
"Qatar and the Arab world have much to share, and without question the best way to share our thoughts, ideas and innovations is digitally.
"We look forward to working with Yahoo! as a strategic partner to make Qatar a hub for leading digital content in the region, and creating an entrepreunrial spirit among our local talent in the industry.”
Ahmed Nassef, Vice President and Managing Director, Yahoo! Maktoob, Middle East, said: “With 70 million people online today in MENA and 50 million more expected to come in the next two to three years, this is one of the fastest growing markets in the world.
"With all this growth, there is still much to be done to develop the digital ecosystem in MENA and we are keen to be collaborating with the region’s leading initiatives to fuel this development.”
Christos Mastoras, Director of Business Development, Yahoo! Maktoob, said, “This is a landmark deal for Yahoo! and for the MENA region – a partnership which will help accelerate the growth of the digital media industry and the entrepreneurial ecosystem in this part of the world.
"We look forward to working closely with ictQATAR to help achieve its ambitious plans, while potentially creating a new model of collaboration which can be leveraged across the Middle East.”
Yahoo! Maktoob will be official online partner at ictQATAR's QITCOM, which runs from March 5-7.
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