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Qatar
Kuwait
Abu Dhabi ranks as world’s safest city, tops GCC in quality of life index
In a list of 311 cities, Abu Dhabi has ranked highest on the safety index (88.2) and lowest on the crime index (11.8)
Economy
Qatar’s commerce ministry slashes fees for services by over 90 percent
Service fee reduction attracts foreign investments
Logistics
Asia receives 81 percent of Qatar’s exports in Q1 2024
Qatar's exports to China in Q1 reached $5.59 billion, making it the top destination country
Energy
QatarEnergy strikes long-term naphtha supply deal with Japan’s ENEOS Corporation
This agreement builds on the company's successful and long-standing relationship with one of its valued Japanese partners
Economy
Qatar rises to 11th place on 2024 World Competitiveness Booklet
Qatar ranked first globally in both the effectiveness of corporate boards and the migrant stock
Energy
QatarEnergy enters 10-year naphtha supply agreement with India’s Haldia Petrochemicals
Agreement commencing in Q2 2024 will be facilitated through QatarEnergy's HPL Global Pte Ltd
Logistics
Qatar, Cuba forge agreement to enhance cooperation in civil aviation
Agreement will allow for the liberalization of air transport rights between the two countries
Logistics
Qatar Airways, China Southern Airlines ink agreement to enhance travel options, boost cargo
Agreement benefits include collecting and spending miles on both Qatar Airways and China Southern flights
Hospitality & Tourism
Eid Al Adha 2024: Visit Qatar launches summer tourism guide
Qatar's tourism sector records over two million visitors in the first four months of 2024
Qatar
Qatar’s real estate trading volume reaches $346.41 million in May 2024
Data revealed that 322 real estate transactions were recorded during the month
Logistics
Qatar’s private sector exports grow 6 percent to $694 million in Q1 2024
Asian countries emerged as the top receivers of private sector exports with a 41.90 percent share
Banking & Finance
Qatar commercial bank deposits rise 6.3 percent to $276.7 billion in April
Commercial banks' credit facilities rise 4.9 percent to QAR1.31 trillion in April
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
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