Doha

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • Sister of Hamas leader Ismail Haniyeh arrested by Israeli police

    Jerusalem, Undefined - Israeli police said Monday they had arrested the sister of Hamas leader Ismail Haniyeh "as part of a terror probe in southern Israel". Police told AFP that Sabah Abdel Salam Haniyeh, who is an Israeli citizen, was taken into custody in the town of Tel Sheva as part...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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,...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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,...
  • 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...
  • 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...
  • 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...
  • 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...
  • Qatar’s business conditions continue to improve in October

    DOHA, QATAR â€“ 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’ Indexâ„¢ (PMI®) survey data from Qatar Financial Center (QFC). Output, new orders and employment all expanded in October, and the 12-month outlook remained...
  • 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...
  • 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...
  • 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...
  • 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.
  • QFZ, Samsung C&T ink MoU

    The two will collaborate in green, sustainable technologies.
  • Russia returns four Ukrainian children in Qatari deal

    Since its invasion of Ukraine in February last year, Russia has been accused of taking thousands of Ukranian chlidren to its territory. A diplomat briefed on the process said that the children, aged between two and 17, have been staying at the Qatari embassy in Moscow while Doha mediated between...
  • Real estate trading volume in Qatar exceeds US$88m in week

    DOHA, QATAR - The volume of real estate trading in sales contracts at the  Department of Real Estate Registration at Qatar’s Ministry of Justice during the period from October 1 to 5, 2023 reached US$68 million (QR 249,404,838). Total sales contracts for residential units in the Real Estate Bulletin for...
  • ‘Qatar is a role model in security, sustainable tourism’

    "The country's experience in securing the FIFA World Cup Qatar 2022 was noteworthy. The nation's success in this significant challenge has inspired other regional countries to host, organize, and secure major events. Moreover, developed nations have benefited from the security standards that Qatar established during the tournament," he adds.
  • Qatar Chamber forms two committees to develop insurance sector

    Doha, Qatar - The Qatar Chamber (QC) has established two technical teams to further develop the country’s insurance sector. One of the committees specializes in legal and services, and another in the financial and IT fields. The committees were formed during a meeting of the chamber’s insurance committee chaired by...
  • Qatar becomes an important global event destination

    "Qatar Tourism takes pride in organizing and hosting successful exhibitions across diverse sectors. 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," he adds.
  • Qatar, Iran discuss cooperation in free zones, investment

    DOHA, QATAR -  Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad bin Mohammed Al Sayed, met with Advisor to the Iranian President and Secretary of the Supreme Council of Free and Special Economic Zones in the Islamic Republic of Iran, Hojjatullah Abdul...
  • Jordan takes measures to cut effect of global crises on food security

    Amman, Jordan-- Jordan has taken measures to hedge against the impact of international crises on food security and lower its impact on families, local communities and the national economy of the kingdom. This was revealed by the kingdom's Minister of Agriculture Khaled Hneifat while speaking the 6th General Assembly meetings...
  • UAE President in Doha, attends opening of International Horticultural Expo 2023

    Doha, Qatar -- UAE president Sheikh Mohamed bin Zayed Al Nahyan who is on a visit to Qatar attended the inauguration of the International Horticultural Expo 2023 in Doha by Qatar Emir Sheikh Tamim bin Hamad Al Thani on Monday.  Several heads of states and international delegations are attending the...
  • Old Doha Port signs many agreements during Monaco Yacht Show

    Monaco, Monaco--The Old Doha Port has signed several agreements with professional global companies, specialized in yacht during its participation in the global 2023 Monaco Yacht Show, to put the Old Doha Port on the global map. Executive Director of the Old Doha Port, Mohammed Abdullah Al Mulla, pointed out that...
  • Qatar launches ‘Istamer’ platform to employ retirees in private sector

    DOHA, QATAR -  The Ministry of Labor (MoL) launched the "Istamer" digital platform, which deals with employing Qatari retirees wishing to work in the private sector. The unveiling of the Istamer platform is a key component of promoting the National Program for Job Localization in the Private Sector. Its purpose...
  • QFMA launches single window e-portal for listing in Qatari financial markets

    DOHA, QATAR - Qatar Financial Markets Authority (QFMA) announced the launch of a single window e-portal, which aims to facilitate and ease procedures for securities offering and listing to companies participating in the financial market. QFMA explained in a statement that submitting the applications was made available on Tuesday via...
  • Five freed US detainees leave Iran in prisoner swap

    The five, who include a businessman and a conservationist, and who left Iran on a Qatari plane accompanied by two relatives, were freed in exchange for five Iranians held by the United States. The trigger for the exchange was the release of the $6 billion in funds, long frozen by...
  • QOIS inks share purchase, swap deal

    QOIS is a Qatari public shareholding company.
  • Nine works nominated for 9th Katara Prize for Arabic Novel

    Doha, Qatar - The Cultural Village Foundation (Katara) revealed the lists of nine works that would be included in the 9th Katara Prize for Arabic Novel. This includes published novels, unpublished novels, young adult unpublished novels and unpublished critical studies, with a total reaching 36 novels and critical studies, Qatar...
  • Qatar realty market trading volume $277 million in August

    Doha, Qatar -- Qatar real estate market recorded deals worth QR1.011 billion ($277 million) in the month of August 2023, the emirate's Real Estate Registration Department data showed. The data said that a total of 297 real estate transactions were recorded during the month. Doha, Al Rayyan, and Al Wakrak...
  • Qatar real estate trading crosses $143m in August 27-31 2023

    DOHA, QATAR - The volume of real estate trading in non-residential sales contracts at the Department of Real Estate Registration at the country’s Ministry of Justice from August 27 to August 31, 2023, reached US$ 68 million (QR 250,159,704). The total sales contracts for residential units in the Real Estate...
  • Qatar’s non-energy private sector records strong growth in August

    Doha, Qatar--Qatar's non-energy private sector witnessed strong expansion in August on the back of new orders in the manufacturing and financial services, according to the Qatar Financial Centre (QFC). The expansion rate was the third strongest so far in this year, according to the QFC's latest purchasing managers’ index (PMI)...
  • Healthcare sector in Qatar witnesses remarkable growth, says IPA Qatar

    Doha, Qatar--Sustained investment in healthcare infrastructure in Qatar has seen a rapid transformation in the sector as promotion of health and prevention against diseases are set to yield long-term growth for health care sector in the country. A new study issued by Investment Promotion Agency of Qatar (IPA Qatar) indicated...
  • Qatari economy records 2.7% growth in Q1 2023

    Doha, Qatar – The Qatari economy has reported a growth rate of 2.7 percent during the first quarter of 2023 compared to the same period in 2022, according to data released by the country's Planning and Statistics Authority. The quarterly Gross Domestic Product (GDP) estimates at constant prices reached approximately...