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Fri 9 Sep 2016 12:11 AM

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Qatar's QSTP hires Silicon Valley entrepreneur to drive growth

Dr Maher Hakim is appointed as managing director of Qatar Science & Technology Park

Qatar's QSTP hires Silicon Valley entrepreneur to drive growth

A successful Silicon Valley entrepreneur who was the driving force behind five technology start-up companies has been appointed managing director of Qatar Science & Technology Park (QSTP)

Dr Maher Hakim, a sought-after expert and educator in technology innovation, entrepreneurial financing, venture capital, and mergers and acquisitions in the technology industry, has been hired to lead Qatar's primary hub for technology-based innovation and entrepreneurship, a statement said.

In his capacity as managing director, he will be responsible for overseeing all operations of QSTP, which is part of Qatar Foundation Research and Development, while driving its further success, it added.

Dr Hakim said: "It is an exciting time for the industry and for QSTP, as we are witnessing tremendous growth and advancements locally and regionally.

"I believe that through our refreshed vision of turning QSTP into a hi-tech business park, we will not only position ourselves to better support the cultivation of an entrepreneurial ecosystem in Qatar, but also enhance the potential for Qatar to make significant contributions to the regional and global technology industry through actively sponsoring the development of viable, home-grown tech products and services."

Dr Hamad Al Ibrahim, executive vice president, Qatar Foundation Research and Development, and chairman of QSTP, added: "I am sure that Dr Hakim's passion for entrepreneurship, wealth of experience, and knowledge of technology start-up companies - both as an entrepreneur and an investor - will serve him well in his new role and be of great benefit to QSTP."

Prior to his new appointment, Dr Hakim was Associate Professor of Entrepreneurship at Carnegie Mellon University in Qatar and head of the AlFaisal-Carnegie Mellon Innovation Entrepreneurship Centre.

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