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.
  • ‘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...
  • 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’s Hamad International Airport named world’s second-best

    London, United Kingdom -- Qatar's Hamad International Airport has been named as the best airport in the Middle East, and the second-best airport in the world at this year's Business Traveller Awards. Chief Operating Officer at Hamad International Airport, Badr Mohammed Al Meer, said, "This recognition reaffirms our commitment to...
  • Transfer of Iran’s unfrozen foreign assets to Qatari banks soon

    TEHRAN, IRAN  – The foreign minister of Qatar said the procedures for the transfer of Iran’s unfrozen foreign assets to Qatari banks will be finalized within the next week. Qatari Foreign Minister Sheikh Mohammed Bin Abdulrahman al-Thani made the comments in a telephonic conversation with his Iranian counterpart Hossein Amirabdollahian...
  • Global aid effort intensifies for flood-stricken Libya

    Military transport aircraft from Middle Eastern and European nations, along with ships, have been ferrying emergency aid to the North African country already scarred by war. In addition to the missing, tens of thousands of people have been displaced after the huge flash flood slammed into the Mediterranean coastal city...
  • Healthcare, F&B and telecom companies spoil GCC stockmarkets’ three-month party

    GCC equity markets saw their first decline in three months during August, influenced by global market performance and hawkish Fed policies, says a report.
  • Qatari-Chinese Business Forum discusses ways to boost trade ties

    Doha, Qatar--The Qatari-Chinese Business Forum kicked off with the participation of over 70 local companies and nearly 60 Chinese companies to discuss investment opportunities in the two countries. Chairman of the Qatar Chamber of Commerce and Industry Sheikh Faisal bin Qassim Al-Thani said in a speech that the forum represents...
  • Sudan army chief visits Eritrea on latest trip abroad

    Burhan, the northeast African country's de facto leader since a 2021 coup, has been fighting the paramilitary Rapid Support Forces (RSF) of his former deputy Mohamed Hamdan Daglo since April 15. His Asmara visit "affirmed Eritrea's support for Sudan and its territorial integrity," according to a statement from Sudan's ruling...
  • Global aid pours into Morocco as quake death toll passes 2,100

    The International Federation for Red Cross and Red Crescent Societies has warned that the next 24 to 48 hours will be critical for saving lives as the death toll keeps rising. At the same time, global aid and support has begun to pour into Morocco, led by the UAE, Qatar,...
  • Single window offers fresh air to Qatar enterprises

    This enhanced suite of services simplify registration for investors, enabling them to complete company setup steps without visiting multiple ministries or their websites.
  • ‘Qatar leads the charge in food security initiatives’

    Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key innovative solutions to transform food systems in a way that contributes to accelerating the implementation of the 2030 Agenda for Sustainable Development, in addition to reviewing the challenges.
  • 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...
  • Gulf countries witness alarming increase in early-onset cancer cases

    A recent study in BMJ Oncology 2023 has highlighted an alarming increase in early onset of cancer cases in the Gulf countries, particularly the UAE, Qatar, and Saudi Arabia, from 1990 to 2019. While these countries report staggering growth rates, nations like Lithuania, Georgia, and Latvia have seen a decline.
  • 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...
  • Qatar tourist arrivals surge on post-world cup momentum

    Doha, Qatar -- More than 2.56 million people visited Qatar from January to August 25, which is more than the full-year arrivals in 2022 and marking a 157 percent increase over the same period last year, according to Qatar Tourism. Qatar Tourism said in statement that the latest achievement bears...
  • Iran’s oil output capacity up 40 percent in two years: Oil Minister

    Tehran, UAE -- Iran’s oil production capacity has increased 40 percent in two years with the rise in investment in semi-finished oil projects, the country's Minister of Oil Javad Owji said Sunday. He said since the beginning of the administration of President Ebrahim Raisi, in August 2021, increasing investment opportunities...
  • Gulf banking sector flourishes amidst rising rates

    GCC banks experienced robust lending growth during Q2-2023, despite multi-decade high rates from US hikes, with loans from GCC-listed banks hitting a record $1.9 trillion.