Doha, Qatar: Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, announced the launch of the Web Summit Qatar 2024 to develop local and regional entrepreneurs during the Web Summit Qatar 2024 held yesterday. announced a $1 billion fund.
Thousands of entrepreneurs, investors, technology leaders and experts from around the world gathered at the Doha Exhibition and Convention Center (DECC) for the first Web Summit Qatar 2024.
The region’s first and largest annual four-day technology conference will feature the latest trends in technology and innovation, as well as provide opportunities for networking and collaboration among attendees from around the world.
Speaking at the opening night of Web Summit Qatar, the Prime Minister said: Maintain a high standard of living “based on the directives of His Highness the Amir’s leadership and his vision of sustainable development and a diversified economy, meeting the needs and achieving security for all people” We are therefore pleased to announce the $1 billion Qatar Investment Authority for investment in mutual funds to support local and regional entrepreneurs. ”
He said this is Qatar’s first venture capital (VC) fund of funds and a strategic investment fund to foster innovation and launch tomorrow’s technologies in Qatar.
“As we move forward, let us retain the spirit of innovation and collaboration that has brought us together today. Let us draw on diverse threads and perspectives to drive meaningful progress,” the Prime Minister said.
Highlighting the importance of the event, the Prime Minister said Web Summit Qatar 2024 will serve as a milestone and an amazing journey in technological evolution.
“Following the hosting of World Cup Qatar 2022, F1 and Expo 2023 Doha, Web Summit Qatar 2024 will host another historic event in the Middle East. And once again, we welcome the world to Qatar.
“For the next five years, the biggest technology event will be held in Qatar.
“We are on the threshold of a new era not only in technological progress but also in human achievement,” he said, adding that Qatar is doing more to foster innovation, entrepreneurship and technological progress. Emphasized effort.
Web Summit Qatar represents a new opportunity to develop the region’s already rapidly growing technology scene.
“In recent years, we have begun to notice an increasing energy in the region and a growing presence of the Middle East at our events,” said Web Summit CEO Katherine Maher. I did.
“We realized that the future of entrepreneurial technology was emerging in the Middle East.”
“The future of innovation, knowledge and opportunity. Since you came to us, we thought it was time to come to you,” she said.
She said Web Summit Qatar 2024 saw unprecedented global demand, with all ticket categories sold out. She said the summit attracted participants from her 118 countries for the first time, demonstrating record-breaking commitment to the app. He added that the summit was attended by more than 1,000 startups, 200 of which were from Africa and 328 startups founded by women.
The summit will also include over 400 investors, trade delegations and over 380 speakers. One of his big highlights at the opening of Web Summit 2024 was that he was joined on stage by renowned comedian, presenter, author, and podcaster Trevor Noah.
Regarding technological advances, he said: “As humans, we often tend to view these technologies as human, when in reality they produce output consistent with our interpretation of what humans do or would do. They may or may not just be providing us with the information they need.”
Regarding the future of technology, Noah said, “We don’t know what the future will hold or what technology will bring,” stressing the importance of using technology responsibly.
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