Search Site

Trends banner

Doha

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.
  • Number of visitors to Qatar rises 31.9 percent in December, says report

    DOHA, QATAR - The total number of inbound visitors to the country reached about 519 thousand in December 2023, recording a monthly increase of 31.9 percent (compared to November 2023), and an annual decrease by 15.4 percent (compared to December 2022).The new issue of Qatar Monthly Statistics bulletin, released by...
  • Jordan defeats Tajikistan to reach first Asian Cup semi-final

    DOHA, QATAR - Jordan set up a semi-final against South Korea or Australia after ending Tajikistan's fairytale Asian Cup run with a nervy 1-0 win on Friday.In a cagey quarter-final, a deflected second-half own goal was just about enough to see Jordan reach the last four for the first time.It was...
  • Qatar Central Bank issues treasury bills, sukuk worth US$686m

    DOHA, QATAR - The Qatar Central Bank issued treasury bills and sukuk with maturities of one week, one month, three months, six months and nine months totaling US$686 million (QR 2.5 billion).In a statement posted on the social media platform "X" on Thursday, QCB said that the issuance was distributed...
  • Hosts Qatar embrace ‘positive pressure’ of Asian Cup title defense

    Doha, Qatar -- Qatar coach Tintin Marquez said Friday they relish the "positive pressure" of trying to retain their Asian Cup title on home soil, on the eve of a quarter-final with Uzbekistan.The hosts and holders won all three of their games in the group phase without conceding a goal and...
  • Saudi football chief brands Mancini penalty walkout ‘unacceptable’

    Doha, Qatar - The president of Saudi Arabian football said Roberto Mancini's disappearing act before the end of the penalty shootout in the team's Asian Cup exit was "completely unacceptable".The Italian did not stick around to see South Korea's Hwang Hee-chan eliminate his Saudi side in the last 16 in Doha...
  • Iran ‘following dreams’ in trying to win first Asian Cup since 1976

    Doha, Qatar - Iran are "following our dreams" in trying to win the Asian Cup for the first time in 48 years, winger Alireza Jahanbakhsh said on the eve of Wednesday's last-16 clash with Syria.Three-time champions Iran face Syria in Qatar with a quarter-final against Bahrain or pre-tournament favorites Japan up...
  • Skipper Battat leads Palestine on and off pitch at Asian Cup

    Doha, Qatar - Musab Al-Battat has led Palestine on the pitch with his all-action performances and off it as the voice of a team who have battled the odds to reach the Asian Cup knockout rounds for the first time.The 30-year-old captain will be the man his team look to once...
  • Son faces Saudis, Palestine make history in Asian Cup last 16

    The knockout phase begins on Sunday when Australia play Indonesia, followed the same day by the United Arab Emirates against tournament debutants Tajikistan. At 146 in the world, Indonesia are the lowest-ranked team left in the tournament and squeezed through with one win and two defeats from their three group...
  • Vodafone Qatar 2023 profit up

    The 2023 net profit of Vodafone Qatar increased to $148 million.
  • Coach Mancini lays out Saudi’s plan at Asian Cup

    Doha, Qatar - Roberto Mancini said on Wednesday that Saudi Arabia fear no team at the Asian Cup and will not try to duck out of a potential last-16 clash with South Korea.The Saudis have already qualified for the knockout rounds after two wins in Qatar and will top Group F...
  • Coach Mancini warns Saudi against taking Kyrgyzstan lightly

    Doha, Qatar - Roberto Mancini warned Saudi Arabia against falling victim to the kind of Asian Cup shock suffered by favorites Japan when his side face Kyrgyzstan on Sunday.Saudi Arabia fought back to beat Oman 2-1 in stoppage time in their opening match in Qatar and can seal their place in...
  • Iraq upsets Japan to sail into knockouts of Asian Cup

    Doha, Qatar - Aymen Hussein scored two first-half headers as Iraq stunned Asian Cup favorites Japan 2-1 on Friday to reach the knockout rounds.It was Japan's first Asian Cup group-stage defeat in 26 matches and set them on a potential collision course with South Korea in the last 16 in Qatar,...
  • Qatar real estate trading volume reaches US$91m between January 7-11

    DOHA, QATAR - The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from January 7 to January 11 reached US$75 million.Total sales contracts for residential units in the Real Estate Bulletin for the same period...
  • Afif helps Qatar exorcise World Cup demons at Asian Cup

    Doha, Qatar - Asian Cup hosts and holders Qatar have been on a mission to banish the painful memory of their 2022 World Cup flop and forward Akram Afif is leading the charge.Qatar lost all three of their World Cup games on home soil on their way to a first-round exit...
  • Qatar’s IPI declines by 1.5 percent in November 2023

    DOHA, QATAR – The Industrial Production index (IPI) of Qatar in November 2023 reached 91.7 points which is a fall of 1.5 percent compared to the previous month (October 2023).This is a decrease of by 5.8 percent compared to the corresponding month in 2022.Released by the Planning and Statistics Authority,...
  • Deal reached for Gaza hostages to receive medicines

    Qatari foreign ministry spokesman Majid Al-Ansari told QNA "the medications and aid will leave Doha tomorrow to the city of Al-Arish in the sisterly Arab Republic of Egypt, on board two Qatari Armed Forces aircrafts, in preparation for their transport into the Gaza Strip".
  • Qatar Chamber and CzechTrade look to boost trade cooperation

    Doha, Qatar--Qatar and Czech Republic are looking to ramp up trade and investment cooperation between the two countries.In this regard, Qatar Chamber Acting General Manager Ali Saeed Bu Sherbak Al Mansouri met here on Sunday with CEO of the Czech Trade Promotion Agency (CzechTrade) Radomil Dolezal.The meeting took place at...
  • Palestine’s Asian Cup team seeks to ‘put smile’ on their compatriots

    Doha, Qatar - The Palestinian team hope to reach the knockout stage of the Asian Cup for the first time to "put a smile on the faces of the Palestinian people", one of its players said on Saturday.The tournament in Qatar is taking place against the backdrop of the Israel-Hamas war...
  • QNB net profits up 8% in 2023

    The QNB Group posted a net profit of $4.25 billion.
  • Son set to light up Asian Cup as Qatar takes center stage again

    The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the final at the 88,000-capacity Lusail Stadium on February 10.
  • Qatar under pressure in Asian Cup defence after abrupt Queiroz axing

    Queiroz, who coached Iran at the World Cup and was assistant to Alex Ferguson at Manchester United, had a four-year contract with Qatar. He won five, lost five and drew two during his aborted tenure. Qatar's football association gave no reason for the decision to get rid of him and...
  • Qatar PMI data reveals ‘stable business conditions’ in non-energy sector

    Doha, Qatar--Qatar's non-energy private sector registered broadly stable business conditions in December, the latest Purchasing Managers Index (PMI) survey data from Qatar Financial Centre (QFC) has revealed.Volumes of output, new business and backlogs of work were all largely stable compared with November levels, while employment growth was maintained, and the...
  • Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

    DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered assistant harnessing GPT capabilities through the azure open AI service.This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology,...
  • India says Qatar reduced death sentence of 8 navy personnel

    Indian media have reported that the eight Indian nationals -- among them former high-ranking and decorated officers, including captains who once commanded warships -- were arrested in Doha in August 2022.
  • UN adopts Qatar-sponsored resolution on human rights training center

    New York, USA - The UN General Assembly (UNGA) adopted a resolution by 185 votes on 'The UN Human Rights Training and Documentation Center for South-West Asia and the Arab Region'.Qatar sponsored and facilitated negotiations every two years since its establishment in 2008, with its headquarters in Doha.Sheikha Al Maha...
  • Qatar receives more than 3-million tourists in 2023

    Doha, Qatar-- Qatar received more than three million tourists from around the world during the ongoing year, making the oil-rich country a great tourist destination.According to chairman of Qatar Tourism, Saad bin Ali Al Kharji, Qatar has become a distinctive tourist destination, which is particularly evident as Qatar holds a...
  • Qatar records real estate transactions worth $400 million in Nov

    Doha, Qatar -- Qatar reported a total of 321 real estate transactions worth QR 1.46 billion ($400 million) in November 2023, with the index of sold real estate increasing by 10 percent and the index of traded areas by 7 percent.Top-performing municipalities in financial value included Doha, Al Rayyan, and...
  • Middle East leaders grapple with post-war Gaza challenges at Doha

    At the annual Doha Forum that ended Monday, Qatar reiterated that no Arab country would send in forces to stabilize the situation after the guns of Israel and Hamas fall silent.
  • Doha Forum debates advantages in Gulf-Europe green ties

    Doha, Qatar-- Oil and gas producers in the Middle East are assessing "challenges and opportunities" available for their economies to grow while depending on hydrocarbon by working to enhance cooperation in the rapid transitions in the European energy field.The eagerness to make a transition toward clean energy and strike an...
  • Efforts ongoing to renew Israel-Hamas truce, says Qatar

    DOHA, QATAR - Mediation efforts are continuing to secure a new Gaza ceasefire despite ongoing Israeli bombardment that is "narrowing the window" for a successful outcome, Qatar's prime minister said on Sunday."Our efforts as the state of Qatar along with our partners are continuing. We are not going to give up,"...
  • Sidra Medicine, GlobeMed Qatar sign pact on medical services

    DOHA, QATAR – Sidra Medicine and GlobeMed Qatar have signed an agreement to offer eligible insured members of payers contracted with GlobeMed Qatar access to Sidra Medicine’s women’s and pediatric medical services.Sidra Medicine is a Qatar Foundation entity and GlobeMed Qatar is a leading healthcare benefits management company in the...
  • Qatari emir denounces ‘shameful’ global inaction in Israel-Hamas war

    Doha, Qatar - Qatar's ruler hit out at "shameful" international inaction over the Israel-Hamas war in Gaza as he opened a Gulf Cooperation Council meeting in Doha on Tuesday."It is shameful for the international community to allow this heinous crime to continue for nearly two months, during which the systematic and...
  • QatarEnergy announces integration of all marketing and related activities

    DOHA, QATAR - QatarEnergy has announced the successful integration of all marketing and marketing-related activities formerly managed by QatarEnergy LNG.QatarEnergy described the integration process as a major move towards consolidating the company’s position as a global energy leader and an important milestone to enhance the effectiveness of LNG marketing and...
  • US, Israel intel chiefs in Qatar to explore ‘next phase’ of Gaza truce

    The leaders of the US Central Intelligence Agency and Israel's Mossad were scheduled to meet Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, the source said, adding that Egyptian officials were also taking part. The informed source said CIA director Bill Burns and Mossad head David Barnea would hold a...
  • Ooredoo, QNBN sign agreement

    The two companies will jointly develop Doha Port.
  • Qatar posts trade balance surplus of US$16.7bn in Q3 2023

    DOHA, QATAR - The merchandise trade balance of Qatar (difference between total exports and imports) recorded a surplus of US$6.7 billion (QR60.9 billion) Q3 2023, down from US$28 billion (QR102.1 billion) in Q3 2022.According to the press release on Quarterly Foreign Merchandise Trade Statistics, Q3 2023 State of Qatar, published...
  • Israel-Hamas truce begins, hostages to be released

    An Egyptian security source told AFP that Israeli security officials, International Red Cross-Red Crescent staff and an Egyptian team would deploy to Rafah, on the Egypt-Gaza border, to receive the hostages, who will then be flown to Israel. AFP has confirmed the identities of 210 of the roughly 240 people...
  • Naufar partners with MEEZA 

    MEEZA is a Managed IT Service and Solutions provider in Qatar.
  • Iran foreign minister meets Hizbollah leader in Lebanon

    Beirut, Lebanon - Iran's Foreign Minister Hossein Amir-Abdollahian has met with Hassan Nasrallah, the leader of Hizbollah, which has traded cross-border fire with Israel since the start of the Gaza war, the Lebanese movement said on Thursday.Since the Israel-Hamas war began on October 7, the border between Lebanon and Israel has...
  • Qatar’s consumer price index rises by 1.08% in October 2023

    DOHA, QATAR - The Consumer Price Index (CPI) for October 2023 reached 108.09 points, showing an increase of 1.08 percent when compared to CPI of September 2023.Compared to CPI of October 2022, on a year on year(Y-o-Y) basis, an increase of 2.52 percent has been recorded in the CPI of...
  • Qatar records 17-percent jump in building permits issued in October

    Doha, Qatar--Qatar's Planning and Statistics Authority has given out 769 building permits in various municipalities in the country during the past October, marking a 17% increase compared to the 655 building permits issued in the preceding month of September.According to the statement released today by the Planning and Statistics Authority,...
  • Qatar Central Bank foreign reserves rise by 11.73% in October

    Doha, Qatar - The International reserves and foreign currency liquidity of Qatar Central Bank (QCB) surged by 11.73% in October 2023 to reach $67.04 billion, compared to $59.97 billion in October 2022.The figures issued by QCB on Wednesday showed an increase in its official reserves at the end of October...
  • Qatar’s business conditions continue to improve in October

    DOHA, QATAR – Qatar's non-energy private sector continued to experience improving business conditions at the start of the final quarter of 2023, according to the latest Purchasing Managers’ Index™ (PMI®) survey data from Qatar Financial Center (QFC).Output, new orders and employment all expanded in October, and the 12-month outlook remained upbeat.Moreover,...
  • QatarEnergy inks second 27-year gas supply deal with China’s Sinopec

    DOHA, QATAR - Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate's state-owned energy company said on Saturday, its second such deal with the Chinese firm.  Doha will supply three million tonnes of gas a year under the deal, QatarEnergy said, announcing another agreement granting the...
  • Kuwait City is the Middle East’s most polluted, Baghdad is next

    Dubai, UAE - As New Delhi once again topped the list of the world’s most polluted cities, across the Middle East, cities were also facing their own environmental challenges, with Kuwait City emerging as the region's most polluted city, according to the latest data from Swiss group IQAir.Kuwait City recorded...
  • Saudi set to host FIFA World Cup 2034 in either summer or winter

    Despite summer temperatures touching 50 degrees Celsius (122 Fahrenheit) in the major cities, Saudi Arabian Football Federation president Yasser al-Misehal did not rule out playing the tournament in the hottest months. "Of course, we are ready for all possibilities," Misehal said late on Tuesday at the Asian Football Confederation awards...
  • Mwani Qatar posts 39% increase in transshipment containers

    Doha, Qatar -- The Qatar Ports Management Company (Mwani Qatar) announced a 39 percent increase in transshipment containers in October, standing at about 119,448 TEU, compared to the same period last year.Mwani Qatar data released Wednesday revealed an increase in building and construction materials shipments by 21 percent, reaching 54,678...
  • India pledges to free its ex-navy men on death row in Qatar

    India's navy chief, Admiral R. Hari Kumar, told reporters on Monday that "every effort" was being made by the government to "get relief for our personnel".
  • AI revolutionizes real estate across GCC countries

    Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.
  • UDC posts net profit of US$63m

    The net profit has been reported for the first nine months of 2023.