Media City Qatar, QRDI Council MoU to foster innovation-driven media sector

  • Date: 16-May-2024
  • Source: Gulf Times
  • Sector:Technology
  • Country:Qatar
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Media City Qatar, QRDI Council MoU to foster innovation-driven media sector



Media City Qatar (MCQ) and the Qatar Research, Development and Innovation (QRDI) Council have announced a strategic partnership by signing a memorandum of understanding (MoU) at the ongoing Qatar Economic Forum.This collaboration aims to foster an innovation-driven media sector in Qatar, enhancing technological capabilities and global competitiveness in alignment with the National Development Strategy 3 and MCQ’s directive as regional leader in the media industry, contributing to Qatar’s economic diversification, and The QRDI 2030 Strategy.The MoU sets the framework for integrating media as a dedicated stream within QRDI Council’s broader innovation initiatives.Under this MoU, MCQ and the QRDI Council will spearhead joint initiatives aimed at fostering innovation capabilities within the media ecosystem.A roadmap will guide the translation of QRDI Council’s funding and supportive initiatives into tangible projects.Additionally, MCQ will participate in the QRDI Council’s Corporate Innovation Leaders programme in 2024, encouraging media companies under its umbrella to engage in QRDI Council's Technology Development Grant and Qatar Open Innovation programme.This partnership extends to enhancing the attractiveness of Qatar as a destination for RDI-intensive media organisations by collaborating with key stakeholders, including leading academic institutions. It further aims to structure foreign direct investment for the media cluster, generating positive spillovers within Qatar's