Qatar

QatarEnergy, KPC ink 15-year deal to supply up to 3 MTPA of LNG to Kuwait

The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.

Qatar’s economy to double by 2031 fueled by LNG boom, diversification: Report

Qatar's gas production will stay steady for 140 years before a major boom

Abu Dhabi Chamber sees 23.8 percent year-on-year growth in certificates of origin

This growth underscores the chamber's efforts to boost trade opportunities and enhance the UAE's international trade footprint

Qatar’s Hamad International Airport sets new record high in July with 4.73 million passengers

The airport set a previous record for the busiest month in January 2024, when it served 4.5 million passengers

Qatar Airways acquires 25 percent stake in Airlink, expanding African reach

Qatar Airways will expand its reach to 45 destinations across 15 African countries

505 new firms join Qatar Financial Center’s platform in the H1 2024, tech sector contributes largest share

Largest contributor to center's growth was the tech sector with around 38 percent of total registrations during the first half of 2024

GCC’s aviation sector soars as a key economic driver 

Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy

Growth of IPO market: Increasing contributions from reputed public and private sector entities 

Technology, healthcare, and real estate companies are keen to explore IPO opportunities  

Qatar’s computing market revenues to reach $65.5 million in 2024: Report

User penetration to reach 13.4 percent in 2024 and rise to 18.9 percent by 2029

Qatar’s banking sector assets rise 1.2 percent to $546 billion in June 2024

Qatar's banking sector assets grew by an average of 6.8 percent over the past five years

Qatar’s tourism sector booms with visitor numbers up 28 percent in H1 2024

Qatar’s travel and tourism sector is set to contribute $25 billion to the country’s economy this year

Qatar Central Bank issues T-bills, Islamic bonds worth $685 million

Central bank issued an addition to an existing issue worth QAR500 million for a period of 28 days at an interest rate of 5.7954

GCC, Indonesia initiate talks for comprehensive deal to boost trade and investment

The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs

Qatar reports $711.58 million budget surplus on $16.39 billion total revenues for Q2 2024

The surplus was directed towards reducing public debt, and therefore there is no cash surplus

Qatar Airways orders additional 20 Boeing 777-9 aircraft at Farnborough airshow

Qatar Airways’ order book now totals 94 Boeing 777X commercial and cargo aircraft

Qatar Airways unveils Qsuite Next Gen, to be featured on aircraft by 2025

Qsuite Next Gen now features a movable 4K OLED Panasonic Astrova IFE screens, a first for any airline in the world

Indian travelers may soon make UPI payments in Qatar

New partnership will let Indian tourists use their preferred payment methods at retail, attractions, leisure, duty-free, and hotels

Qatar Airways expands Africa network with four weekly flights to Entebbe, Uganda

Qatar Airways now offers 180 weekly flights from Doha to 29 African destinations

Qatar sees 10.1 percent rise in air cargo, 11.3 percent growth in aircraft movement in June 2024

Qatar's number of passengers on flights saw a remarkable 16.4 percent annual increase in June

Qatar real estate sector sees 285 deals worth $304.1 million in June 2024

A recent report projected the country's real estate sector to reach QAR155.7 billion by 2028

Qatar’s non-oil private sector hits fastest growth in a year and a half, PMI reaches 55.9 in June

Companies continued to expand employment and the 12-month outlook remained strong

Qatar Airways sees strongest financial year, profit up 39 percent to $1.7 billion in 2023-2024

The airline's total revenue rose 6 percent to $22.2 billion while its EBITDA margin rose to $5.2 billion