{
  "id": 2957179,
  "title": "QIC market redefines how Qatar buys and sells cars",
  "url": "https://urgent.news/2026/08/24/qic-market-redefines-how-qatar-buys-and-sells-cars",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T05:55:03.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/24/08/2026/qic-market-redefines-how-qatar-buys-and-sells-cars"
  },
  "original_language": "en",
  "account": "Doha, Qatar: The traditional process of buying or selling a car in Qatar has been exceptionally time-consuming, involving weekend visits to distant dealerships, sporadic online listings, and vague recommendations from acquaintances. This cumbersome method is being revolutionized by QIC Market, an advanced AI-driven marketplace developed by Anoud Technologies LLC and incorporated into the popular QIC App and qic.market.\n\nWith a user base exceeding 160,000 active members within the QIC ecosystem, QIC Market streamlines the entire car trading process into a single platform. What once took days to coordinate can now be accomplished in just a few clicks, marking a significant leap towards modern convenience.\n\nFor potential buyers, QIC Market offers an intuitive and user-friendly experience, enhanced by artificial intelligence. Interactive visualizations complement detailed technical specifications, allowing users to easily navigate through the extensive catalog of over 10,000 new and pre-owned vehicles spanning 60+ manufacturers. Customizable filters enable buyers to swiftly narrow down their search according to budget, vehicle condition, color preference, and personal taste.\n\nThe platform maintains transparency by exclusively partnering with authorized dealerships and carefully vetted private sellers, ensuring a reliable and trustworthy marketplace. Buyers are also provided with a comprehensive breakdown of long-term ownership costs, encompassing routine maintenance, operating expenses, and fuel efficiency. This empowers them to make well-informed decisions based on the true value of a vehicle, rather than just the initial purchase price.\n\nSellers also benefit from a streamlined listing process. They can list their pre-owned vehicles at no cost and utilize built-in intelligent tools. A complimentary car price checker provides data-driven market valuations, empowering sellers to set competitive prices without any guesswork. Lastly, an integrated insurance transfer feature enables current owners to seamlessly transition their QIC insurance policies to the new buyer, eliminating the need to visit a service center.\n\nIn summary, QIC Market encapsulates QIC's vision of creating the region's premier insurance-driven ecosystem, integrating essential services into a singular digital platform. By eliminating the fragmentation and friction inherent in the previously disjointed marketplace, QIC Market not only simplifies vehicle trade but also solidifies QIC's position as Qatar's leading platform for drivers, setting a new standard for regional convenience.",
  "summary": "<p>Doha, Qatar: Buying or selling a car in Qatar was long considered a test of patience, defined by weekend trips to distant showrooms, refreshing scattered online listings, and navigating vague word-of-mouth leads.</p> <p>That fragmented era is now coming to an end as Qatar’s automotive community embraces a far more sophisticated way to trade.</p> <p>At the center of this transformation is QIC…",
  "key_points": [
    "QIC Market streamlines car buying/selling in Qatar.",
    "AI-driven platform with 160k+ active users.",
    "Offers transparent, cost-effective transactions."
  ],
  "editors_take": "QIC Market's launch transforms Qatar's car buying and selling process, providing a streamlined, transparent, and user-friendly platform that benefits both buyers and sellers, and solidifies QIC's position as a regional leader.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}