{
  "id": 447478,
  "title": "MCIT celebrates graduation of 10 tech firms from third cohort of ‘Scale Now’",
  "url": "https://urgent.news/2026/08/10/mcit-celebrates-graduation-of-10-tech-firms-from-third-cohort-of",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-10T06:24:45.000Z",
  "source": {
    "name": "The Peninsula Qatar",
    "slug": "the-peninsula-qatar",
    "url": "https://thepeninsulaqatar.com/article/10/08/2026/mcit-celebrates-graduation-of-10-tech-firms-from-third-cohort-of-scale-now"
  },
  "original_language": "en",
  "account": "In Doha, Qatar, the Ministry of Communications and Information Technology (MCIT) celebrated the graduation of 10 technology companies from the third cohort of its Scale Now programme. This initiative aims to support entrepreneurship and empower high-growth technology firms. Simultaneously, MCIT launched the fourth cohort, welcoming 12 new companies to the program. The graduating companies have developed innovative solutions in sectors like industrial technologies, health technologies, media technologies, agricultural technologies, e-commerce, enterprise technologies, and logistics.\n\nThe third cohort's companies secured around $13.8 million in funding, closed 388 B2B deals, and achieved an average 32 percent revenue growth. Faraj Abdulla, Director of Digital Economy at MCIT, highlighted the program's impact, stating that it provided support in capability building, mentorship, investment readiness, and market access. Ali Al Mawlawi, Director of Business Development at the Ministry of Commerce and Industry, emphasized the joint efforts to accelerate growth through capacity building, market strategies, and regulatory guidance.\n\nWareOne, one of the successful graduates, expanded its operations into Saudi Arabia, marking a significant milestone. Sheikh Khalifa Al Thani, Founder and CEO of WareOne, credited the Scale Now programme for its comprehensive support, including strategic partnerships and market understanding. The Scale Now programme, delivered in collaboration with MCIT, the Ministry of Commerce and Industry, Qatar Development Bank, QRDI Council, and Invest Qatar, continues to identify and support high-potential technology companies, fostering their growth and contributing to Qatar's Digital Agenda 2030.",
  "summary": "<p>Doha, Qatar: As part of the Ministry of Communications and Information Technology’s (MCIT) ongoing efforts to support entrepreneurship and empower high-growth technology companies, the Ministry has announced the graduation of 10 technology companies from the third cohort of the Scale Now programme.</p> <p>Simultaneously, MCIT launched the programme’s fourth cohort with the participation of 12…",
  "key_points": [],
  "editors_take": null,
  "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."
}