INSEAD Day 4 - 728x90

Qatar

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.
  • New round of Gaza negotiations to start in Cairo: Egypt source

    Cairo, Egypt -- Egypt and Qatar are sponsoring a new round of negotiations to start Thursday in Cairo aimed at achieving "calm" in Gaza as well as a hostage release deal, an Egyptian official said. A Hamas source with knowledge of the matter confirmed the Palestinian group had agreed to the...
  • Qatar and Egypt discuss ways to boost economic, trade ties

    Doha, Qatar-- Qatar and Egypt are looking to boost trade and economic ties between the two countries, besides exploring ways to encourage investors from Qatar to widen their investment in Egypt. In this regard, Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari's met with Vice President of...
  • Israel says studying Hamas response to truce deal

    Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages in exchange for Palestinian prisoners held by Israel and more aid for Gaza. On Monday, Netanyahu said Hamas had presented "demands that we will not accept" for an exchange involving...
  • Hamas hands response to Gaza truce deal to Egypt and Qatar

    Hamas has for more than a week mulled the deal drawn up in its absence at Paris talks, as international pressure mounts to end the four-month war. Hamas said the proposal was aimed at "ending the aggression against our people, securing relief and shelter, reconstruction, lifting the siege on the...
  • QatarEnergy signs LNG deal with Petronet

    QatarEnergy will supply 7.5m tons of LNG per year to Petronet.
  • Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

    DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed revealed that QFZ has attracted nearly 500 companies spanning diverse sectors with estimated investments at about US$1.3 billion (QR5 billion). The QFZ Chairman held a meeting with a delegation from...
  • QatarEnergy, Mitsui ink pact

    The agreement provide for a rise in condensate volumes.
  • Blinken to arrive in Middle East to press for truce

    The US secretary of state is expected to discuss a proposed truce hammered out in a Paris meeting in January of top US, Israeli, Egyptian and Qatari officials. The diplomatic push has become more urgent with the surge in attacks by Iran-backed groups in solidarity with Hamas, triggering counterattacks by...
  • Hamas weighs Gaza truce as fighting nears fifth month

    The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours in the territory. A kindergarten where families were sheltering was hit in Rafah, which is teeming with Palestinians displaced by the war, ahead of another visit to the region by...
  • 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...
  • Israel forges buffer zone inside Gaza at risk to civilians: experts

    Since Hamas fighters stormed across the border on October 7, Israeli forces have targeted structures in Gaza within a kilometre (0.6 miles) of the border, said Adi Ben Nun, a professor at Hebrew University of Jerusalem who has carried out an analysis of satellite imagery.
  • 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....
  • Qatar records real estate deals worth $100 million in five days

    Doha, Qatar -- Qatar has recorded real estate transactions worth 378 million QR ($100 million) during the 21-25 Jan 2024 period, according to the emirate's Department of Real Estate Registration at the Ministry of Justice. Also, total sales contracts for residential units for the same period were QR 21.36 million,...
  • 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...
  • 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...
  • Hamas gives ‘initial’ approval to plan for Gaza war pause

    A Hamas source had told AFP the three-stage plan would start with an initial six-week halt to the fighting that would see more aid deliveries into Gaza. Only "women, children and sick men over 60" held by fighters would be freed during that stage in exchange for Palestinian captives in...
  • GCC central banks mimic Fed, hold interest rates steady

    Abu Dhabi, UAE--In a significant move that underscores the interconnectedness of global monetary policies, central banks across the Gulf Cooperation Council (GCC) have announced decisions to hold their interest rates steady, mirroring the recent actions of the US Federal Reserve. This collective stance reflects a cautious approach to navigating the...
  • The DCO Council announces multilateral initiatives to bridge digital divide

    Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by accelerating the inclusive growth of the global digital economy, has announced the launch of new initiatives to bridge the global digital divide. The DCO Council also announced the joining of...
  • 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...
  • Qatar awards $6bn in contracts for Al-Shaheen oilfield expansion

    The four engineering, installation and procurement contracts will increase production at the Al-Shaheen oilfield -- the country's largest -- by 100,000 barrels per day, according to QatarEnergy. "By awarding these contracts, we are taking an important step towards realizing the full potential of Al-Shaheen field, which produces around half of...
  • 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...
  • Qatar says Gaza truce proposal to be sent to Hamas as war rages on

    Sheikh Mohammed confirmed that the framework -- which he said might lead to a permanent ceasefire -- includes a phased truce that would see women and children hostages released first, with aid also entering besieged Gaza. A senior Hamas official, Taher al-Nunu, said it wanted a "complete and comprehensive ceasefire,...
  • We want complete ceasefire, not temporary truce: Hamas

    Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce." Speaking to AFP, he said that once the fighting stopped "the rest of the details can be discussed" including a hostage release. Qatar, Egypt and the US have led mediation...
  • Qatar’s foreign merchandise trade surplus $5.13 billion in Dec 2023

    Doha, Qatar - Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 18.7 billion ($5.13 billion), a decrease of about QR 9.5 billion, or 33.7 percent, compared to December 2022. The trade balance showed an increase by nearly QR 2.0 billion,...
  • US, Egypt, Qatar and Israel officials in Paris talks for Gaza ceasefire

    French authorities were also in touch with these four countries with the aim of negotiating a halt to hostilities between Israel and the Palestinian militant group Hamas in the besieged territory, the sources said. A security source on Friday told AFP that CIA chief William Burns would meet his counterparts...
  • Qatar and Nepal discuss boosting economic cooperation

    Doha, Qatar--Qatar and Nepal have held talks to enhance commercial and economic relations between the two countries, explored the investment climate, numerous opportunities available in both countries, and identified the most important sectors for cooperation and partnership In this regard, the acting general manager of the Qatar Chamber, Ali Saeed...
  • 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...
  • Biden talks to Qatar’s emir on efforts to free Hamas hostages

    The exchange came as the head of the CIA is to meet in Europe with his counterparts from Israel and Egypt and the prime minister of Qatar with the goal of negotiating a truce and the release of the remaining hostages in the Israeli-Hamas war, US media reported. Biden also...
  • End to war: World reacts to Gaza-Israel ruling

    The reactions to the top UN court's ruling Friday in the Israel-Gaza case were split along the lines of the war raging in the Palestinian territory. Saudi Arabia welcomed the ICJ's decision and called for the international community to "hold Israel accountable" for "violations" of international law.
  • 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...
  • CIA chief heading to Europe for Gaza negotiations: US media

    According to Axios, Israel has offered Hamas a two-month pause in fighting in Gaza in exchange for the release of all hostages. Vowing to crush Hamas, Israel has launched a relentless military campaign that has killed at least 25,900 people in the Palestinian territory, mostly women and children, according to...
  • Vodafone Qatar 2023 profit up

    The 2023 net profit of Vodafone Qatar increased to $148 million.
  • Israel far-right minister slams Qatar over Hamas attack

    Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week that Qatar's mediation was "problematic" when it came to resolving the hostage crisis. Smotrich accused Western governments of being "hypocritical" in maintaining close relations with Doha.
  • Qatar ‘appalled’ at alleged criticism by Netanyahu

    Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in Gaza. Making his annoyance with the country known, he said he was upset at a US decision to extend the presence of a military base in the Gulf state, according...
  • 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...
  • Qatar Chamber discusses ways to boost ties with Korean companies

    Doha, Qatar--The Qatar Chamber (QC) discussed ways to enhance cooperation and exchange expertise with Korean companies in agriculture and food security. The issues were discussed in a meeting with a Korean delegation representing from the Hyundai Research Institute (HRI). The meeting was attended by QC board member and Chair of...
  • 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...
  • 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 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...
  • 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...
  • 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...
  • Qatar to set up Centre for Fourth Industrial Revolution

    Davos, Switzerland -- The war in Ukraine, tensions in the Middle East, monetary policy in 2024, jobs, equitable economic growth, energy demand, artificial intelligence, and the need to find a common ground were some of the issues discussed at the third day of Davos summit. C4IR to be established in...
  • Al Jazeera bureau chief leaves Gaza

    Scenes of Dahdouh mourning his family and fleeing on foot from Gaza City have been broadcast globally over the weeks since war erupted between Hamas fighters and Israel on October 7. Speaking to an AFP journalist in southern Gaza, the 53-year-old said he had crossed the Rafah border post with...
  • 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".
  • Mammoet, Aertssen sign agreement

    The two firms will provide heavy-lifting solutions in Qatar.
  • Palestine lose to Iran at Asian Cup as Japan survive scare

    Loud cries went up for the Palestinian anthem before the game and the team's players put their arms around each other's shoulders. A brief moment's silence was held before kick-off, the quiet punctuated by cries of "free Palestine".
  • 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...
  • 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...
  • Qatar records $222m in realty deals: Registration department

    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 31 December to 10 January 2024 reached 791 million QR. Total sales contracts for residential units in the Real Estate Bulletin for...
  • UAE passport most powerful in MENA region, 11th in global index

    Abu Dhabi, UAE - The UAE passport has climbed two positions to secure the 11th spot in the 2024 Passport Index by Henley & Partners. This advancement allows UAE citizens visa-free access to 183 countries. The UAE has been the most improved nation on the Index over the past decade,...