Invest Qatar, SOIN partner to launch regional operations in Qatar

Doha, Qatar - The Investment Promotion Agency Qatar (Invest Qatar) and SOIN, a leading IT solutions provider, have announced a partnership to support SOIN's establishment and expansion in Qatar. The collaboration aims to promote the adoption of artificial intelligence (AI), enterprise modernization, and digital transformation, further positioning Qatar as a regional hub for enterprise technology and innovation.

This partnership was formalized through the signing of a Memorandum of Understanding (MoU) during MWC26 Doha by Invest Qatar's CEO Sheikh Ali bin Alwaleed Al-Thani and SOIN's Regional Director Mariano Villalta.

SOIN's business plan in Qatar anticipates approximately QR 197 million ($54 million) in capital and operational spending over five years, along with the creation of around 120 jobs by the end of the period. Through this partnership, SOIN will introduce its AI solutions and enterprise technology expertise to various sectors in Qatar, such as banking and financial services, telecommunications, healthcare, retail, and government.

These solutions will aid organizations in modernizing complex systems, automating processes, and enhancing operational efficiency.

Invest Qatar will facilitate SOIN's entry into and expansion within the Qatari market, providing access to commercial opportunities, supporting the development of strategic partnerships, and positioning Qatar as a base for SOIN's wider regional expansion. Sheikh Ali bin Alwaleed Al-Thani emphasized SOIN's decision to establish operations in Qatar highlights the country's appealing status as a strategic base for international technology companies seeking to expand across the region.

Likewise, SOIN's expansion contributes to Qatar's investment landscape by bringing specialized expertise, generating high-value employment opportunities, and reinforcing the nation's technology ecosystem.

Mariano Villalta highlighted that organizations need to modernize and adopt AI while maintaining reliable critical systems and overseeing AI operations across the business. SOIN leverages over four decades of experience to deliver advanced technology solutions tailored to enterprises, improving their operational efficiency. This establishment aligns with Qatar National Vision 2030, promoting economic diversification, creating skilled employment opportunities, and fostering local technology expertise.

Furthermore, SOIN's investment in AI and enterprise modernization supports Qatar's transition towards a knowledge-based economy and enhances the competitiveness of organizations across the public and private sectors.