Doha: In line with Qatar’s economic diversification and sustainability objectives encapsulated in the Qatar National Vision 2030, indigenous companies across sectors have been spurring growth and development with the aim of helping the country achieve its domestic goals. In the defense and security sector, Barzan Holdings is leading in advancing Qatar’s long-term security, human capacity building, technology development and innovation.
Operating under three pillars – Investments, Research and Development (R&D) and Strategic Procurement – Barzan Holdings is playing a significant role in helping Qatar become the advanced society it envisions, capable of sustainable development and providing a high standard of living for its people.
As a holding company, Barzan Holdings actively creates and controls multiple subsidiary firms to meet the sector’s specific needs and provide Qatar with financial and strategic benefits. It creates sustainable value by identifying and partnering with leading organizations from around the world. These partnerships include many of the most renowned, cutting-edge organizations within the defense and security industries, which allow Qatar to acquire and develop the most innovative technologies and best practices to secure self-sufficiency in national protection. Such partnerships also open new and fertile revenue streams for the nation.
The organization has a diverse financing portfolio that consists of direct investments, early-stage venture capital investments and indirect investments. Collectively, these deals create substantial financial returns for Qatar through the creation of new technologies, acquisition of intellectual property, knowledge transfer and partnerships.
R&D is an integral part of Barzan Holdings’ operations, forming a specialized team to oversee this area. Through partnerships and collaborations with specialist defense and security companies worldwide, the holding company helps Qatar develop its R&D capabilities in the defense and security sector. The agreements Barzan make are structured to facilitate and develop homegrown innovative technologies to provide a secure future for Qatar and its allies.
Barzan Holdings’ expanding R&D ecosystem includes a dedicated R&D space of approximately 40,000 sqm featuring an excellent technical facility in Qatar’s premier innovation and technology hub, close to the country’s university belt.
As a commercial gateway for Qatar’s defense and security industry, Barzan Holdings is in constant search of best-in-class operators and promising small and medium-sized enterprise (SME) partners to create a tailor-made, robust defense and security industry in Qatar. Focusing on large and high-value procurements provides additional value for the country by driving efficiencies in delivery and execution that address the needs of the sector.
Capacity building and human development are at the core of Barzan Holdings’ strategy to creating a knowledge-based economy. Enhancing local knowledge in the defense and security sectors through educational alliances and R&D and help its staff reach their full potential is therefore integrated into its operations.
The holding company credits its successes to its highly motivated and collaborative team comprising experts and some of the nation’s finest minds who are determined to ensure that Qatar can rise above any challenges – present and future – that come its way. With a keen focus on capacity and human development, Barzan Holdings is creating a lasting value in terms of knowledge advancement and financial returns for Qatar’s economy.
Since its inception in 2018, Barzan Holdings has been actively helping to revolutionize Qatar’s defense and security sector. Through successful partnerships with leading international companies and organizations, Barzan Holdings furthers its overarching mission to strengthen Qatar’s sovereignty and support its long-term development.
