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Qatar
Economy
Qatar’s non-oil private sector posts robust growth with 53.6 PMI in May
Output and new orders increased at the fastest rates since Q3 2023
Energy
QatarEnergy inks 10-year naphtha supply agreement with Japan’s Idemitsu Kosan
Agreement to supply Idemitsu Kosan with 6 million tons of naphtha over the next 10 years starting in July 2024
Qatar
Qatar’s real estate sector sees 89 percent quarterly rise in mortgage transactions: Report
Residential sales saw a 3.7 percent increase compared to Q4 of 2023
Banking & Finance
Qatar Central Bank issues treasury bills, Islamic sukuk worth $1.1 billion
Total value of bids for the Treasury bills and Islamic bonds reached QAR 11 billion
Industry
QatarEnergy inks 15-year urea supply agreement with Koch Fertilizer
Starting in July 2024, the agreement stipulates the supply of up to 0.74 million tons per annum of Qatari-origin urea to Koch Fertilizer
Banking & Finance
Qatar Central Bank issues $411.9 million in treasury bills, Islamic sukuk
Total bids for Qatar's treasury bills and Islamic Sukuk reached QAR4.4 billion
Logistics
Doha’s Hamad International Airport’s 10-year journey peaks with 50 million passenger landmark
The airport's point-to-point passenger operations account for 25 percent of its total traffic
Banking & Finance
Qatar’s $2.5 billion green bond issuance draws over $14 billion in bids, 5.6 times oversubscribed
The bonds are divided into two tranches and aim to fund environmentally friendly projects
Economy
Qatar’s CPI rises 0.71 percent in April 2024
Qatar's CPI data reveals that five main groups of consumer goods witnessed a monthly and annual increase
Economy
Qatar’s real GDP to gradually pick up to 1.75 percent in 2024-2025: IMF
Qatar's medium-term outlook is more favorable with the IMF expecting growth to reach close to 4.5 percent
Industry
Qatar’s industrial production index reaches 100.2 points in March 2024, increasing by 4.7 percent
Data showed a 4.8 percent increase in the mining sector compared to February 2024
Banking & Finance
Qatar announces $549.2 million budget surplus for Q1 2024
MoF stated that this surplus was directed towards reducing public debt, and therefore there was no cash surplus
Logistics
Qatar to test air taxi, electric delivery planes in early 2025
Developing transport system falls under Third Qatar National Development Strategy
Economy
Qatar Economic Forum 2024 concludes with 20 agreements, $2.47 billion investment
Around 2,300 participants including 1,300 influential international leaders convened to discuss global challenges and opportunities
Qatar
Qatar’s real estate market sees $222.86 million in transactions during April 2024
Data revealed that 201 real estate transactions were recorded during the month
Hospitality & Tourism
Qatar sees tourism boom with 4 million visitors in 2023, 2 million in early 2024
This represents a 58.4 percent growth compared to 2022
Qatar
Qatar announces $2.47 billion AI incentive package
Arab AI project 'Al-Fanar' launched to develop Arabic large linguistic models
Banking & Finance
Qatar Economic Forum: The Hashgraph Association partners with QFC to launch $50 million digital assets venture studio in Qatar
The studio will focus on investments in Hedera-powered Web3 startups and enterprises building bankable DeFi solutions
Logistics
Qatar, U.S. trade exchange rises to $6.47 billion in 2023
Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors
Hospitality & Tourism
Qatar’s travel and tourism sector set to add $25 billion to economy in 2024: Report
International visitor spending to reach a record-high of QAR69.6 billion in 2024
Banking & Finance
Qatar Central Bank issues $549 million worth of T-bills, Islamic sukuk
Total private bids amounted to QAR5.4 billion
Energy
QatarEnergy inks historic $6 billion agreement to build 18 ultra-modern LNG vessels in China
LNG supplies from Qatar to China reached around 17 million tons in 2023
Economy
Qatar, Bangladesh sign MoUs to foster cooperation in investment, education, sports, taxation, and legal fields
Qatar's Amir Sheikh Tamim bin Hamad Al-Thani visited Bangladesh lately and met with President Mohammed Shahabuddin
Banking & Finance
Qatar commercial banks’ credit facilities grow 5.3 percent to $360.4 billion in February
Total deposits see impressive 8.3 percent annual surge
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