Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Qatar becomes an important global event destination

A general view of the Geneva International Motor Show in Doha.
  • Doha hosts the Geneva International Motor Show, its first time outside Switzerland, underscoring Qatar's status as a major hub for global events
  • Qatar Tourism excels in hosting varied sector exhibitions, setting its sights on becoming the Middle East's top tourist hotspot by 2030

Doha — Qatar has emerged as a prime location for significant international events and activities, stated Chairman of Qatar Tourism and CEO of Qatar Airways, Akbar Al Baker. He emphasized that the inauguration of the Geneva International Motor Show in Qatar underscores the global recognition the nation has achieved.

“Qatar is an ideal venue for this show, which is being hosted outside its native Switzerland for the first time,” he remarked. He further noted that Doha will host the exhibition biennially, offering a robust platform for brands to display their cutting-edge technologies, ideas, and innovative concepts.

On the exhibition’s second day at the Doha Exhibition and Convention Center, Al Baker revealed that the event showcases the latest innovations from approximately 31 automotive brands.

He highlighted that Qatar Tourism takes pride in organizing and hosting successful exhibitions across diverse sectors, including business, technology, health, fitness, transportation, and more. These events underscore Qatar’s capacity to harness its state-of-the-art infrastructure, fostering a secure, efficient, and vibrant community while delivering a captivating experience for travelers.

Al Baker elaborated on the significant growth the Qatari tourism sector has experienced over the past decade, with aspirations to become the Middle East’s fastest-growing destination by 2030.

Qatar Tourism Chairman and Qatar Airways CEO Akbar Al Baker at the Geneva International Motor Show in Doha. (QNA)

Beyond investing in premier convention centers, Qatar actively pursues a bold strategy, channeling resources into sectors that birth new tourism assets, enhance infrastructure, diversify offerings, and fortify tourism pillars.

He added, “Qatar offers a diverse range of experiences, from desert escapades to art showcases. Visitors to the exhibition will firsthand witness these exhilarating experiences at various locales, including Sealine, the Qatar National Museum, the Lusail International Circuit, and Lusail Boulevard.”

Sandro Mesquita, CEO of the Geneva International Motor Show, lauded the efforts of Qatar Tourism over the past two years in preparing to host the exhibition. He expressed pride in celebrating the event in Doha and confirmed its return in 2025.

Mesquita reflected on the exhibition’s rich history since 1905 as a platform unveiling automotive futures and providing car companies with promotional opportunities. “It’s the perfect stage for showcasing excellence, whether it’s a brand launching its latest hypercar, a startup making its debut, or a major manufacturer revealing its electric vehicle strategy,” he said.

He emphasized that the exhibition epitomizes excellence wherever it’s hosted, and Qatar has validated this sentiment, ushering in a new chapter for the show. The expansion now provides two platforms in Doha and Geneva to spotlight this excellence.

Describing the Geneva International Motor Show, Mesquita said, “It’s the ultimate festival for automotive excellence, a celebration unlike any other with thrilling activations throughout this year’s show. This includes over 30 brands presenting 10 world and 20+ regional premieres.”

The exhibition will remain open to the public from October 7 through October 14.