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Qatar’s Capital Aims To Become A Regional Technology Hub
With next year’s Web Summit, Doha hopes to energize its budding startup ecosystem.
On May 4-7, 2024, Qatar will become the first Middle Eastern country to host one of the world’s largest technology conferences. Web Summit, founded in 2009, is among the most popular expos on emerging digital technology and venture capitalism and is expected to draw 7,500 participants, as well as legions of journalists and investors.
Hosting the Web Summit event is highly significant for Qatar, as digital transformation and technology are at the center of the country’s national and global ambitions, with the sector contributing over $3 billion annually to GDP. Officials and investors alike hope that the conference will help to cement Qatar’s position as an important Middle Eastern startup and tech hub.
“Qatar has proved during the World Cup that it can host world-class events. The world now sees Qatar as a sports and tech powerhouse that is not only interested in investing in technology externally but also to accelerate digitization locally,” says Jamal Bdeir, Small and Medium Business Lead, Middle East Cluster, at Microsoft.
The summit should open up an array of opportunities for local startups. At the same time, the Qatar Science & Technology Park will allow international tech firms to learn more about the country’s wide-ranging entrepreneurship ecosystem that supports new businesses using a mixture of tax reductions and modern legislation.
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Besides attracting big tech firms, the upcoming Web Summit has created a considerable buzz in Qatar’s local startup space. Many Doha-based startups that haven’t had the opportunity to showcase their solutions on the global stage will now gain a worldwide platform without having to worry about physical travel.
Ramzan Al Naimi, the founder of local startup hub the Innovation Café, is an enthusiastic supporter of the event, noting: “The conference provides Arab youth and local talent the opportunity to connect with global companies and experts in the technology field, learn from them, and access job and training opportunities”.
The widespread optimism surrounding the event seems to be well-founded. Lisbon has greatly benefited from being a host city and local technology hub, drawing several investors and upcoming startups to Portugal due to the buzz created by the Summit conference.
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Samsung’s Fold Goes Wide, And The Whole Galaxy Range Gets Pricier
A new titanium build and a first-of-its-kind AI chip for wearables anchor the range, yet native Qi2 charging still isn’t part of the deal.
Samsung has run its Galaxy foldable and smartwatch reveals in July for several years now, which is likely a deliberate way of jumping early on the autumn hardware calendar. The 2026 event stuck to the same timings, though prices climbed too, albeit unevenly: $100 on the Flip, a new $2,100 Ultra tier above last year’s flagship, and $30 to $50 on the watches.
At the top sits the Galaxy Z Fold 8 Ultra at $2,100, a slab that measures just 4.1mm open and carries a 200MP main sensor, a 5,000mAh battery and an 8-inch interior display. Beneath it, the $1,900 Galaxy Z Fold 8 makes the more interesting bet. Samsung has stepped away from the tall, narrow shape it spent recent generations refining: the Fold 8 folds horizontally, so it’s wider than it is tall, with a 4:3 interior screen that sits about 9mm wider than the Ultra when closed. It drops the telephoto lens but gains battery, at 4,800mAh.
The clamshell Galaxy Z Flip 8 rounds out the phones at $1,200, up from the Flip 7’s $1,100, which was itself up from the $1,000 Flip 5.
All three devices run the Snapdragon 8 Elite Gen 5 for Galaxy and share a new Flex Titanium construction, a titanium alloy layer set beneath the flexible OLED that Samsung says strengthens display support, absorbs impact and reduces crease visibility. The progress has limits: none of the phones support Qi2 charging natively, 18 months after the Qi2-ready Galaxy S25. That means buyers will still need a magnetic case to get the most from a Qi2 charger.
The wearables move in the same upward direction. The Galaxy Watch 9 ($380 Bluetooth, $430 LTE) and Galaxy Watch Ultra 2 ($700) both run Qualcomm’s 3nm Snapdragon Wear Elite, the first wearable chip with a dedicated Hexagon NPU capable of supporting AI models with two billion parameters. The Ultra 2 is 12 percent thinner than its predecessor despite an 800mAh battery and a display reaching 5,000 nits.
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Pre-orders open today. The devices are set to reach shelves on August 7.
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