INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Qatar Amir confirms deal on gas supply to Germany

The Amir of Qatar Tamim bin Hamad al-Thani holding a joint press conference with German Chancellor Olaf Scholz.
  • Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.
  • He expressed hope there will be a nuclear agreement with Iran, and Qatar was ready to help

The Amir of Qatar Tamim bin Hamad al-Thani who is on a visit to Germany expressed hope on Friday that an agreement between the United States and Iran could be achieved, indicating his readiness to help in the matter. 

“We hope there will be an agreement between the parties to the nuclear agreement, and Qatar is ready to participate in resolving this conflict,” the Amir told a joint news conference in Berlin with German Chancellor Olaf Scholz.

The Amir also confirmed plans to supply liquefied natural gas (LNG) to Germany by 2024.

German is scrambling to wean itself off cheaper gas imports piped from Russia, in response to Moscow’s attack on Ukraine. 

The Amir also revealed that the trade between Qatar and Germany increased by 80 percent in 2021 to reach more than $3 billion. Qatar, Amir said, is one of the largest investors in Germany, and promised that Qatar will work to increase its investments in Germany in the coming years. 

Talking about Qatar’s hosting of the 2022 FIFA World Cup, Amir said that he reviewed with Germany’s Chancellor, Qatar’s preparations to host the tournament at the end of this year, noting that German fans had requested about 600,000 tickets so far to attend the tournament.