• 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...
  • Gulf central banks mimic US Fed, maintain interest rates

    The UAE's central bank has kept its Base Rate for the Overnight Deposit Facility (ODF) unchanged at 5.40 percent. It is closely tied to the US Federal Reserve's Interest on Reserve Balances (IORB), reflecting the general stance of the CBUAE's monetary policy. Qatar Central Bank too has maintained its current...
  • 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...
  • Saudi Arabia emerges as only bidder for 2034 World Cup

    The Saudi bid comes one year after neighboring Qatar hosted the first World Cup in the Middle East, where the kingdom's national team scored a surprse group stage victory over eventual winners Argentina. It is set to take over from a tri-continental line-up for the 2030 event to be shared...
  • Ooredoo net profit up

    Its revenue rose to US$4.72bn in the first 9 months of 2023.
  • Thai FM travels to Qatar, Egypt for Hamas hostage talks

    Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were working in Israel, many in the agricultural sector, when the conflict erupted. At least 32 Thais have been killed in the conflict and 19 wounded.
  • 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".
  • Arab states voice opposition to Israel’s invasion into Gaza

    Leading Arab opposition to Israel's planned invasion of the Gaza Strip, Saudi Arabia has denounced "any ground operations" due to the threat posed to Palestinian civilians. The kingdom's foreign ministry cautioned against the danger of continuing to "carry out these blatant and unjustified violations of international law against the brotherly...
  • Qatar records real estate sales contracts worth $84m in five days

    Doha, Qatar -- Qatar recorded real estate trading volume in sales contracts worth QR 308 million ($84.59 million) for the Oct. 15-19 period, the country's Department of Real Estate Registration at the Ministry of Justice said. Total sales contracts for residential units for the same period was QR 1.09 billion....
  • 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.
  • India shocked at Qatar death penalty for 8 ex-naval officers

    NEW DELHI, INDIA  -  India said on Thursday that eight of its citizens had been sentenced to death by Qatar in a case that media reported involved high-ranking ex-naval officers accused of spying. New Delhi said it would "take up the verdict with Qatari authorities" and would continue to "extend all...
  • Turkey and Qatar reject ‘double standards’ in Gaza response

    Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection of responding to the crisis with double standards when it comes to human life". "It is not permissible to condemn the killing of civilians in one context and justify it...
  • UN warns Gaza fuel shortage will stop aid work as death toll mounts

    Israeli strikes have now killed more than 6,500 people in Gaza, a rise of over 700 since Tuesday, according to the Hamas-run health ministry. One doctor said he was forced to perform emergency surgery on the wounded without anesthetic. Israel has cut off impoverished Gaza's usual water, food and other supplies,...
  • Qatar Airways’ CEO to quit

    Akbar Al Baker led the state-owned airline for over 25 years.
  • Qatar announces 27-year gas deal with Italy’s Eni

    In June last year Eni agreed a deal with QatarEnergy for a 3.1 percent share in Qatar's North Field East project, the first phase of the Gulf emirate's expansion into the largest gas field on the planet, which extends into Iranian territory. The deal with Eni follows a quick succession...
  • Mediation will lead to Hamas hostage releases very soon: Qatar

    Berlin, Germany--Qatar, a key power in the efforts to release hostages seized by Hamas from Israel, believes they can be released "very soon" thanks to ongoing discussions, a Qatari Foreign Ministry spokesman told the German Welt am Sonntag newspaper Saturday. Doha's mediation played a key role in the release on Friday...
  • Qatar eyes North Field to boost liquefied gas output

    Qatar plans a 60% boost in liquefied gas production by 2027 through North Field expansion, tapping the world's most substantial gas reservoir with 50.97trn cubic meters.
  • Qatar’s Industrial Production Index falls 2.1 percent in Aug 2023

    Qatar's Industrial Production index (IPI) reached 105.2 points in August 2023, a decline by 2.1 percent compared to the previous month (July 2023), and decreased by 0.6 percent, when compared to the corresponding month in 2022. Released by the Planning and Statistics Authority, the IPI is a short-term quantitative index that measures the...
  • ‘Qatar prioritizes fiscal control to sustain growth’

    "Factors such as robust fiscal discipline supported by strong oil prices, debt reduction efforts by the Ministry of Finance, and improved macroeconomic indicators due to structural reforms have led to positive sovereign credit ratings for Qatar by international credit rating agencies,” he adds.
  • 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...
  • World leaders try to contain Israel-Hamas war

    As Israel prepares for a ground offensive into the Gaza Strip, the international community has mobilized to try to protect civilians and prevent the conflict spreading across the region. But Tel Aviv's avowed determination to crush Hamas, the group behind the October 7 attack on Israel, are hampering mediation efforts.
  • Nakilat profit jumps 4.8%

    The company's profit swelled to US$327 million in Q3 of 2023.
  • Iran says US ‘can not renege’ on deal to transfer $6bn via Qatar

    Tehran, Iran-- Iran said the United States "can not renege" on an agreement to transfer $6 billion in frozen funds through mediator Qatar following Hamas bloody assault on Israel. Tehran, which financially and militarily backs Hamas, has come under intense scrutiny since fighters of the Islamist group stormed across Israel's southern...
  • Blinken seeks Arab pressure on Hamas as Israel readies Gaza move

    Qatar, where Blinken will head immediately after Jordan, has longstanding ties with Hamas and has been seen as an intermediary in freeing the hostages. "We'll continue pressing countries to help prevent the conflict from spreading, and to use their leverage with Hamas to immediately and unconditionally release the hostages," Blinken...
  • 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 signs joint cooperation agreements with IMF on SDRs

    Dubai, UAE - Qatar has signed two agreements with the International Monetary Fund (IMF) on its contributions towards IMF's poverty reduction and sustainable initiatives. The agreements were signed on the sidelines of the Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the IMF in...
  • Qatar signs 27-year gas supply deal with France’s Total: state energy firm

    Doha, Qatar - Qatar has agreed to supply France's TotalEnergies with natural gas for 27 years, its state energy company announced on Wednesday. Qatar will supply 3.5 million tonnes of gas a year under the deal, QatarEnergy said, following two agreements with Total last year for a share of the Gulf state's...
  • ‘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 urges the West to pressure Israel to stop attacks against Palestinians

    Dubai, UAE--Condemning Israel's relentless bombardment of the Gaza Strip, Qatar's top diplomat has urged Western countries to exert pressure on the Tel Aviv regime to immediately stop its attacks against Palestinians. According to Mehr News Agency, Qatari Foreign Minister Mohammed bin Abdulrahman bin Jassim Al Thani held talks over the...
  • ‘Currently no chance’ of prisoner swap with Israel: Hamas

    Potential talks on the fate of as many as 150 individuals held by Hamas gained greater urgency as the group threatened to start executing its hostages if Israel carried out air strikes in the Gaza Strip without prior warning to residents. But a source said Qatar is leading efforts to...
  • 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...
  • ‘Qatar remains committed to curb financial crimes’

    The Gulf country "remains commitment to international strategies and plans targeting financial crime. In 2023, FATF completed its evaluation of Qatar's anti-money laundering and counter-terrorism financing system, where Qatar achieved significant success," adds Sheikh Ahmed.
  • Saudi Arabia announces bid to host World Cup in 2034

    The bid "intends to deliver a world-class tournament and will draw inspiration from Saudi Arabia's ongoing social and economic transformation and the country's deep-rooted passion for football", said a statement from the Saudi Arabian football federation. News of the bid comes one year after neighboring Qatar hosted the first World...
  • Qatar begins construction on North Field gas expansion

    RAS LAFFAN, QATAR - Qatar's state-owned energy giant began construction on Tuesday on a project to expand production from the world's biggest natural gas field through an export terminal on the Gulf emirate's northeast coast. There has been mounting demand for Qatari gas as European consumer nations have scrambled to replace...
  • Expo 2023 building in Guinness World Records for largest green roof

    Doha, Qatar -- The main building of Expo 2023 in Doha has made it to the Guinness World Records for having the largest green roof in the world. The roof of the building, implemented by Qatar's Public Works Authority (Ashghal), has an area of 4,031 square meters. The new global...
  • 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...
  • At $75bn, Saudi defense budget beats several European countries in 2022

    Last year, Saudi Arabia led the Middle East in military investments, ranking fifth globally with a defense budget of $75 billion. This surpassed many European nations, emphasizing the strategic defense priorities of Middle Eastern countries amidst global powerhouses. Qatar's military expenditure, meanwhile, reached $15.4 billion last year, ranking close to...
  • Qatar and Libya sign MoU to boost cooperation in civil aviation

    Tripoli, Libya-- Qatar and Libya have signed a memorandum of understanding (MoU) to boost cooperation in the field of civil aviation. In this connection, Qatar's General Civil Aviation Authority (GCAA) held Thursday bilateral talks with Libyan Civil Aviation Authority. Acting President of GCAA Mohamed Faleh Al Hajri chaired the Qatari...
  • Qatar calls for subjecting Israel’s nuclear facilities to IAEA safeguards

    Vienna, Austria -- Qatar Friday called for intensifying international efforts to subject all Israeli nuclear facilities to International Atomic Energy Agency safeguards, and for Israel to join the Treaty on the Non-Proliferation of nuclear weapons as a non-nuclear state. Chairman of the National Committee for the Prohibition of Weapons Dr....
  • QatarEnergy signs US$3.90bn deal with HD Hyundai to build LNG carriers

    Seoul, South Korea--QatarEnergy has signed US$3.90 billion worth agreement with Korea's HD Hyundai Heavy Industries (HHI) for the construction of 17 ultra-modern LNG carriers. The deal marks the start of the second phase of QatarEnergy's LNG ship acquisition program, which will support its expanding LNG production capacity from the North...
  • France warns Lebanon financial aid at risk over presidency deadlock

    French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning that France and its allies were losing patience after a year of deadlock. "The life of the Lebanese state itself is at risk," Jean-Yves Le Drian, a former foreign minister,...
  • QatarEnergy inks pact with Marubeni

    QatarEnergy will supply naphtha to Marubeni for 10 years.
  • 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...
  • Foreign direct investment crucial for economic growth

    At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth, he emphasizes Qatar's distinctive approach in leveraging wealth and investment for job creation and economic progress.
  • Qatar records real estate sales contracts worth $60 million

    Doha, Qatar -- The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice between 10 Sept. and 14 Sept. 2023 reached more than QR 218 million ($60 million). Total sales contracts for residential units in the Real Estate Bulletin...
  • GCC countries hold interest rates following US Fed decision

    Abu Dhabi, UAE -- In the wake of the US Federal Reserve's decision to maintain its interest rates, GCC countries, including the UAE and Qatar, have opted to follow suit. The US Federal Reserve, on Wednesday, voted to keep interest rates at a 22-year peak, suggesting that these rates might...
  • 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...
  • India-Middle East trade corridor hits Turkey hurdle, alternate route proposed

    Ankara, Turkey - Turkey is engaged in “intensive negotiations” with regional partners to propose an alternative to the India-Middle East trade corridor plan agreed upon at the recent G20 summit, Financial Times reported on Sunday. The country aims to reinforce its historical role as a vital transport route for goods...