The Investment Promotion Agency Qatar (IPA Qatar) and US-based FLYR Labs have formed a new partnership to accelerate the transportation sector’s technological transformation through innovative Artificial Intelligence (AI) and digital solutions.
The partnership includes the establishment of a FLYR office in Doha, marking their first-ever permanent presence in the Middle East and GCC region, which will create dozens of jobs in Qatar across FLYR’s engineering and advisory organizations.
The IPA Qatar-FLYR partnership aims to unlock the vast growth potential of the transportation sector by speeding digitization and bringing innovative solutions, complementing Qatar’s economic diversification efforts.
IPA Qatar will support the company to set up its business center in Doha, through which it will be providing access to its ground-breaking data and AI-driven platform for airlines, travel, and the transportation industry. The center will also act as a key component to FLYR’s support of potential partners across the region.
Sheikh Ali Alwaleed Al Thani CEO – IPA Qatar
“This new collaboration takes IPA Qatar a step further in its endeavors to forge strategic partnerships with international businesses that contribute to Qatar’s economic diversification. We are also pleased to welcome FLYR Labs to Qatar and support their ambitious business expansion plans. Launching this first of its kind innovative solutions hub in Doha is an impetus for the further development of world-class, digitized transportation industry in Qatar, and the region at large.”
According to the terms of the agreement, FLYR will assist Qatari transportation companies in addressing current challenges, increasing their business efficiency, and maximizing their revenues by adopting digital solutions across key areas, such as forecasting, pricing, decision support, and big data technologies.
Mr. Alex Mans, Founder and CEO of FLYR Labs, said that “Our partnership with IPA Qatar will enable FLYR Labs to take advantage of its established presence in Qatar and support expansion into markets such as rail, cargo, public transport and shipping. As part of our partnership, we have agreed to invest our resources towards the recruitment and training of AI and engineering talent in Doha, boosting the city’s development in this sector and employment prospects for Qatari citizens.”
In addition to supporting the company’s growth, the collaboration sets the framework for skills development programs, which aim to nurture local talent in the AI and engineering fields and create new job opportunities.
