DOHA, Qatar, Mar 8 – Qatari Minister of Economy and Commerce, Sheikh Ahmed Jassim Al-Thani, formally opened the third edition of the Entrepreneurship in Economic Development Forum, here.

The forum is held under the patronage of the Prime Minister and Minister of Interior, Sheikh Abdullah Nasser Al-Thani.

In his speech, Sheikh Ahmed said, the forum, held for the third consecutive year, was an evidence of its success and came at a time when the world was facing a fall in oil prices.

“That is why and now more than ever, the Gulf countries need to diversify their economic platform and boost the private sector’s role to become the main engine for economic development.”

He added that, it was very important to implant entrepreneurship on the new generation and to support and encourage entrepreneurs, as well as emerging companies.

“The forum and since its inception in 2014, played an important role in shedding light on all those priorities, including educating entrepreneurship and creating a competitive environment for it to succeed, as well as the relation between entrepreneurship and knowledge-based economy, especially through social media,” he said.

Meanwhile, President of Qatar University, Hassan Rashid Al Derham, said, the increase of economic competition at all levels has made entrepreneurship and all associated developments one of the most important fundamentals of success and progress.

“And in order to achieve the economic diversification, it is essential to give special importance to entrepreneurship in the community, and to support and embrace related initiatives to achieve success and to promote its development.

“It is also essential to encourage a whole generation of entrepreneurs to skip the stage of oil based economy. And this task lies on the educational system starting from schools to universities through technical institutes and

institutions of training and education,” he said.

Qatar Development Bank Chief Executive Officer, Abdul Aziz Nasser Al Khalifa, said, the bank was committed in providing adequate support and assistance to all Qatari SME’s and entrepreneurs

Source: QNA