INSEAD Day 4 - 728x90

Doha

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • 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 – 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...
  • 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...
  • Qatar’s Q2 2023 budget posts record surplus of US$2.7bn

    DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year 2023 recorded a surplus of US$2.7 billion (QR 10 billion). In its briefing on the actual data of Qatar's budget in the second quarter (Q2) of 2023, the ministry said...
  • Qatar Credit Bureau, Supreme Judicial Council to share data

    DOHA, QATAR - Qatar Credit Bureau signed a memorandum of understanding (MoU) with the Supreme Judicial Council (SJC) pertaining to sharing credit and judicial data and information. The MoU was signed by CEO of Qatar Credit Bureau Sheikha Maryam bint Khalifa Al-Thani and SJC's Enforcement Department director Judge Nabil Abdullah...
  • Ooredoo partners with Tech Mahindra, Google Cloud

    Doha, Qatar - Ooredoo Group has announced new partnerships with Tech Mahindra and Google Cloud that will see the company accelerate its digital transformation in six operating companies across its global footprint. Powered by Google Clouds API Management Platform (Apigee), with Tech Mahindra as implementation partner, Ooredoo's IT operations will...
  • GIS profit climbs in H1

    Its net profit jumped to US$77.19m as against US$37.63m.
  • Residential prices, rents dip across Qatar as World Cup boost dissipates

    Doha, Qatar - The residential property market in Qatar is grappling with a dual challenge of decreased demand and increased supply, a result of the construction boom surrounding the FIFA World Cup 2022, says Knight Frank, a global real estate consultancy, in its latest report. Faisal Durrani, Partner and Head...
  • QFBA, Education Above All unite to offer scholarships for underprivileged students

    Doha, Qatar - Qatar Finance and Business Academy (QFBA) has signed a cooperation agreement with Education Above All Foundation to provide educational opportunities for underprivileged students of both genders. This will enable them to continue their higher education at QAFB in collaboration with Northumbria University, for both bachelor's and master's...
  • Ooredoo Algeria gets new CEO

    Roni Tohme, the Acting CEO, has been confirmed as the CEO.
  • US delegation presses Taliban at Doha meeting on women’s rights

    The closed-door meeting was one of the highest-level known gatherings of US and Afghan government officials in months, with the Washington team headed by Special Representative Thomas West and Kabul's by Foreign Minister Amir Khan Muttaqi. The US statement did not, however, identify the Afghan representatives -- describing them only...
  • National Leasing’s profits hit $2.37m

    A jump of 28 percent in net profit vis-a- -vis H1 2022.
  • QGIRC net profit down

    The first half 2023 profit of $9.64m was 25% less than that of H1 2022.
  • Qatar Airways, British Airways, Iberia form new joint venture

    Doha, Qatar -Qatar Airways, British Airways, and Iberia have come together to form a new joint venture In a move to expand international travel options.. The partnership aims to provide seamless connectivity for global travelers through major hubs in Doha, London, and Madrid, covering over 60 countries. With the addition...
  • Qatar: Commercial Bank profit rises by 8.5%, Masraf Al Rayan’s dips by 24%

    Doha, UAE - The Commercial Bank, a Qatari public shareholding company, experienced an 8.5 percent upswing in net profit, reaching $421.38 billion in the first half of 2023, compared to a net profit of QR 1,432 billion ($388.32 billion) for the same period last year. The figures issued by the...
  • QNB H1 2023 net profit at $2bn

    QNB set aside $1.3 billion as provision for loan losses.
  • Cruise visitors to Qatar in 2022-23 rise 151 percent

    DOHA, QATAR -  New data from Qatar Tourism (QT) revealed that the country welcomed 253,191 cruise visitors during its 2022-23 season (Dec. 2022 March 2023), an increase of 151 percent compared to the previous season (100,500 visitors). This sharp uptake in visitor figures is particularly impressive given that this year's...
  • Qatar and Tajikistan chambers to form joint business council

    Doha, Qatar - Qatar Chamber and Tajikistan Chamber of Commerce and Industry signed Sunday an agreement to establish a Joint Business Council (JBC) between the two chambers. The Joint Business Council aims to facilitate communication between the two parties to increase trade and economic cooperation between the two countries. It...
  • Vodafone, Microsoft ink pact

    The two firms will offer AI Digital Contact Centre Platform.
  • Iran foreign minister holds talks with Omani counterpart

    ran said last week it had been engaged in indirect negotiations with the United States through Oman, with nuclear issues, US sanctions and detainees on the agenda. The following day, Iran's nuclear negotiator said he had met with diplomats from three European countries in Abu Dhabi to discuss a number...
  • QSE unveils new trading system

    It is expected to propel Qatar as an investment hub.
  • Qatar signs 27-year gas supply deal with Chinese firm

    The agreement, to supply four million tons annually to the China National Petroleum Corporation (CNPC), matches the terms of a November deal with China's Sinopec as the longest ever seen in the industry.