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.
  • 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.
  • Nakilat expands its fleet

    The Qatari firm placed orders for 6 carriers with HSHI.
  • 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 sees 36.1 percent surge in visitor arrivals in Nov 2023

    Doha, Qatar -- Qatar witnessed a 36.1 percent increase in the number of inbound visitors in November 2023, compared to 2023, to a total of 393,000, but a 33.5 year-on-year decrease. The highest number of visitors was from the Gulf Cooperation Council (GCC) at 46 percent. As for visitors by type...
  • 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...
  • Blinken warns Israel-Hamas war could ‘metastasize’

    Blinken will meet with Crown Prince Mohammed bin Salman in the Saudi desert city of Al-Ula, said a US official on condition of anonymity. Qatar, a wealthy Gulf emirate which hosts the largest US military base in the Middle East, also hosts Hamas's political office and is the main residence...
  • Hamas urges US diplomat to end Israeli aggression in Gaza

    ISTANBUL, TURKEY - Hamas leader Ismail Haniyeh has called on US Secretary of State Antony Blinken to use his current Middle East tour to end Israel's "aggression" as war rages in Gaza. The top US diplomat arrived in Turkey on Friday at the start of a trip that includes planned...
  • Saudi Arabia, Qatar denounce Gaza’s residents emigration plan

    Saudi Arabia and Qatar condemned comments by two Israeli ministers calling for Palestinians to emigrate from the Gaza Strip. Israel's National Security Minister Itamar Ben-Gvir on Monday called for promoting "a solution to encourage the emigration of Gaza's residents" and the re-establishment of Israeli settlements in the Gaza Strip.
  • Sharp-shooting Al-Attiyah takes aim at sixth Dakar title

    A 425-strong colorful caravanserai made up of cars, bikes, quads and trucks sets out from Al-Ula on a treacherous 4,900-mile odyssey around the Gulf kingdom with a January 19 finish in Yanbu on the Red Sea. This year's route includes a first ever 48-hour stage in the Empty Quarter, a...
  • Qatari exports to clients surge in 2023 to US$412m: Tasdeer

    Doha, Qatar--The Qatar Development Bank's Export Development and Promotion Agency (Tasdeer), a subsidiary of the Qatar Development Bank, announced an increase in Qatari exports to its clients by over $412 million during 2023. In a statement released today, the agency highlighted its participation in eight international exhibitions over the past...
  • 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...
  • Qatar’s industrial sector PPI down in Nov on lower oil prices

    Doha, Qatar -- Qatar's Producer Price Index (PPI) of the industrial sector in the country for November was 118.65 points, a decrease of 1.95 percent compared to October 2023. On Y-o-Y basis, PPI of November 2023 showed a decrease of 17.36 percent. The main four industry sectors by weight are...
  • Gaza war overshadows football as Asian Cup looms for Palestine

    The Palestinian Football Association had celebrated in June last year when the national team won -- for the third time -- a spot in the Asian cup. But with no end in sight to the Gaza war, the team now feels crushed as they try to prepare for the upcoming...
  • Qatar’s foreign merchandise trade surplus $4.58 billion in Nov 2023

    Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 16.7 billion ($4.58 billion) in Nov 2023, a decrease of about QR 9.5 billion, or 36.3 percent, compared to Nov 2022, and a decrease by nearly QR 2.3 billion or 12.1 percent compared...
  • Israeli strike kills former Palestinian minister, Gaza death toll 21,822

    Youssef Salama, the 68-year-old former minister of religious affairs in the Palestinian Authority, was killed in a strike on the Al-Maghazi refugee camp in the central Gaza Strip, Wafa news agency and the ministry reported. Considered close to Fatah, the party of Palestinian Authority president Mahmud Abbas, Salama served as...
  • GCC makes pivotal strides in development, diplomacy

    In 2023, Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait collectively advanced in technology and sustainable development, achieving global integration.
  • Hamas delegation to discuss Egypt’s Gaza ceasefire plan

    Sources close to Hamas say Cairo's three-stage plan provides for renewable ceasefires, a staggered release of hostages held by Hamas in exchange for Palestinian prisoners in Israel, and ultimately a ceasefire to end the war sparked by the deadly October 7 attack on Israel. It also provides for a Palestinian...
  • 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.
  • Regional players welcome ceasefire and political process in Yemen

    Riyad, Saudi Arabia -- Key regional players have welcomed the agreement – involving a comprehensive set of measures aimed at establishing a ceasefire, improving living conditions, and resuming political dialogue under the auspices of the United Nations (UN) – reached by the warring parties in Yemen.  Jassem Mohamed Albudaiwi, the...
  • Qatar’s customs and tax departments link up e-services to ‘facilitate’ business

    Doha, Qatar--The General Authority of Customs and the General Tax Authority have announced the launch of the interconnection between their electronic services, as part of the efforts to facilitate procedures for business owners and benefit from the development of the digital infrastructure in Qatar. The interconnection launch announcement comes to...
  • Qatar expects a decrease in inflation next year

    Doha, Qatar-- Inflation in Qatar is expected to fall in 2024, according to Ali bin Ahmed Al Kuwari, the Minister of Finance. In a press conference on Thursday, the minister said that the inflation witnessed in Qatar in 2023 was temporary and associated with a specific period and reasons, such...
  • UN says Gaza on cusp of famine due to Hamas-Israel war

    The Israel-Hamas war is pushing Gaza towards famine, the United Nations warned ahead of an expected Security Council vote on a resolution to boost aid to the Palestinian territory but not call for a ceasefire. Separate diplomatic efforts were also underway for a fresh pause in the worst-ever Gaza war.
  • 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 expects 11.4% revenue dip in 2024 budget on lower oil prices

    Finance Minister Ali bin Ahmed Al Kuwari attributed the decrease in revenues to the adoption of an average oil price of $60 per barrel for 2024 instead of $65 per barrel in 2023, based on the international institutions estimates for oil prices in 2024, and the conservative estimates for oil...
  • ‘Qatar plays crucial role in enhancing transparency’

    "Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and received numerous international accolades in this area, from which Uzbekistan seeks to learn," he adds during the Sheikh Tamim Bin Hamad Al-Thani International Anti-Corruption Excellence Award.
  • UAE, Oman, Qatar seen as top 2024 property investment destinations

    Dubai, UAE – Oman, Qatar, and the United Arab Emirates, particularly Dubai, have secured top positions for residential property investment in 2024, the inaugural "Housearch Investment Index" highlighted in its report. The trend underscores the region's appeal as a stable and reliable investment haven, especially amidst cooling property markets in...
  • Maritime agencies report explosion off Yemen coast

    Dubai, UAE - A "possible explosion" struck a key shipping lane off Yemen on Monday, two maritime agencies said, the latest incident in the vital waterway threatened by Houthi rebel attacks. The British military’s United Kingdom Maritime Trade Operations issued a warning of a potential explosion striking near a vessel passing through...
  • Qatar records 6 percent drop in Industrial Production Index in October

    Doha, Qatar-- Qatar has recorded a 9.3 percent drop in the Industrial Production index (IPI) in the month of October 2023 to 93.1 points, compared to the previous month (September 2023), and decreased by 6.0 percent, when compared to the corresponding month in 2022, according to the Planning and Statistics...
  • Moroccan officials questioned in EU graft probe

    BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north African state and Qatar at the European Parliament, Belgian prosecutors said on Saturday. The interviews in Morocco -- conducted by local authorities in the presence of Belgian investigators -- were...
  • 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...
  • Israeli attack killed journalist in Gaza: Al Jazeera

    The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in a school in Khan Yunis, where they were hit by "shrapnel from an Israeli missile attack". In a subsequent statement condemning the Israeli military, Al Jazeera attributed the injuries to...
  • Will Israel try to force Gaza’s population into Egypt?

    Filippo Grandi, head of the UN refugee agency, warned Wednesday that pushing Gazans across the frontier would be "extremely destabilizing for Egypt". "It's very important to insist that this evacuation of people beyond (the border) must not be promoted, must not be advanced, forced," the UNHCR chief told journalists in...
  • GCC countries follow US Federal Reserve’s lead in holding interest rates

    Abu Dhabi, UAE – The Central Banks of the United Arab Emirates and Qatar have chosen to maintain their current interest rates, in a coordinated move echoing the US Federal Reserve's recent decision, underlining a synchronized approach to monetary policy in the Gulf Cooperation Council (GCC) region. UAE's Monetary Policy...
  • 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...
  • Israel must be held accountable for its actions, says Palestinian PM

    DOHA, QATAR - Prime Minister of Palestine Mohammad Shtayyeh called for holding Israel accountable, imposing sanctions and not allowing it to continue violating international laws. Addressing a session within the Doha Forum 2023 on Sunday, Shtayyeh called for an “urgent investigation into its crimes against the Palestinian people”. “What is...
  • 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...
  • Investments strengthen Türkiye-GCC economic ties

    The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.
  • 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...
  • Is 2030 the finish line for the Gulf Railway Project?

    The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new era in regional transportation and economic integration.
  • 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...
  • Turkey’s Erdogan rejects US pressure to cut Hamas ties

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan on Saturday pushed back against mounting US pressure to cut Ankara's historic ties with Hamas in the wake of the group's unprecedented attacks on Israel. The US Treasury's top terrorism financing official conveyed Washington's "profound" alarm about Ankara's past relations with Hamas during...
  • 109 Palestinians killed in Israeli strikes amid calls for truce extension

    Both the United Nations chief and the White House called for the break in fighting to be restored, and UN agencies warned of a "catastrophic" humanitarian situation as bombs fell and hospitals again struggled to cope with the wounded after a week-long respite.
  • Saudi Arabia’s PIF to buy 10 percent stake in London’s Heathrow airport  

    Saudi Arabia's sovereign wealth fund is to buy 10 percent of London's Heathrow airport from Spanish infrastructure giant Ferrovial, whose departure from the hub leaves Qatar as its biggest shareholder. Ferrovial said it was offloading its 25 percent stake for nearly US$3 billion, with the other 15 percent going to...
  • 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.
  • Israel says truce extension with Hamas a possibility

    The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its initial four-day term as long as 10 hostages are released for each extra day, with three times as many Palestinians freed in return. As such, another 50 hostages would imply...
  • Gaza truce: Hamas, Israel free second group of civilians

    The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their loved ones back.