Qatar

Qatar to grow at 7.3% in 2015

Qatar to grow at 7.3% in 2015

Qatar to post strong growth in 2015 backed by expansion of the non-hydrocarbon economy and the Barzan gas project. GDP might taper in 2016 and 2017. Qatar’s economy is expected to register a real growth of 7.3 percent in 2015, driven by gathering expansion of the non-hydrocarbon economy and a […]

 
 

QSE Opens Enormous Solar Panel Factory In Qatar

QSE Opens Enormous Solar Panel Factory In Qatar

Qatar Solar Energy has launched an enormous solar panel factory in Qatar, and they even want to expand production further to 2.5 GW. Qatar, a country located halfway down the west coast of the Arabian Gulf, has an arid climate and long summers. Qatar receives 11 hours of sunshine per day […]

 
 

GCC urged to reduce dependence on commodities

GCC urged to reduce dependence on commodities

GCC economies must invest in exports to reduce dependence on commodities Falling oil prices will pose a challenge to GCC hydrocarbon exporters unless governments step up their diversification efforts and develop more export industries, according to a new report by ICAEW. In its latest quarterly Economic Insight report, produced by its partner, […]

 
 

Power Transition in Qatar: Through the Eyes of former PM

Power Transition in Qatar: Through the Eyes of former PM

Former Prime Minister of Qatar, Sheikh Hamad bin Jassim Al Thani speaks to Rose about various developments in Qatar since power transition in June 2013 while envisioning himself as a businessman in near future. Sheikh Hamad bin Jassim Al Thani, for the first time since he stepped down as the Qatar’s […]

 
 

Middle East Nations Capitalise on Liquidity and Stock Sizes to Attract More Foreign Investors

Middle East Nations Capitalise on Liquidity and Stock Sizes to Attract More Foreign Investors

The economic boost in the Middle East has also extended to the stock market and stock market indices in the region. Most significant in this context are the stock markets in the UAE and Qatar which have gone up substantially since the provisional list of stocks was released by MSCI […]

 
 

Challenges remain for doing business in GCC

Challenges remain for doing business in GCC

EIU’s report on Business Environment in GCC Countries indicates quite a revelation even as the region continues to display positive economic trends As country after country across the globe found itself plummeting from the pedestal of business and economic security, it looked as if the Middle Eastern countries – most […]

 
 

IATA Report Indicates Stronger Aviation Demand in the Middle East

IATA Report Indicates Stronger Aviation Demand in the Middle East

Statistics for commuter traffic for February, released by the International Air Transport Association (IATA), showed a surge in the demand for the aviation transportation with a percentage increase of about 5.4 percent. This increase has been placed in context to the commuter traffic trend for February, in the previous year. […]

 
 

UAE leads Middle East e-commerce Trends

UAE leads Middle East e-commerce Trends

Ever since electronic commerce or as the popular acronym goes, e-commerce, has come into existence, there has only been positives being raved about it. The concept’s dynamics have been explored thoroughly over the course of the years and with newer technological stimuli making inroads into the commercial spectrum, the relevance […]

 
 

Shedding Preconceived Notions: The Influence of Technology in MENA

Shedding Preconceived Notions: The Influence of Technology in MENA

Technological penetration in MENA has been quite extensive and all encompassing accounting for very positive trends There’s a lot that the world knows about MENA (Middle-East and North Africa) just as there’s so much more that the world doesn’t know about the region. Suffice to say that what the world […]

 
 

Qatar Non-Hydrocarbon Sector to Surpass Oil + Gas

Qatar Non-Hydrocarbon Sector to Surpass Oil + Gas

Qatar Non-Hydrocarbon Sector to be Worth Half of Qatar GDP by 2015. QNB Group Economists: ‘Non-Hydrocarbon Sector’ Infrastructure Investments Are Driving Double-Digit Growth. Future Development in Focus at The Euromoney Qatar Conference. Qatar’s real GDP is expected to grow by 6.5 percent in 2013 and 6.8 percent in 2014. Qatar […]

 
 

Qatar business optimism soars to 3-year high

Qatar business optimism soars to 3-year high

Business optimism in Qatar soars to its highest for nearly three years Dun & Bradstreet survey shows sharp rise in confidence in the Finance, Real Estate and Business Services sector Business optimism in Qatar has soared to its highest in nearly three years according to the Dun & Bradstreet Business […]

 
 

Qatar tops MENA Internet usage

Qatar tops MENA Internet usage

Mobile broadband is the fastest-growing technology in human history, according to the 2013 edition of the State of BroadbandReport. In terms of Internet use, there are now more than 70 countries where over 50% of the population is online. The top ten countries for Internet use are all located in […]

 
 

Qatar and UAE capitalise on investment upgrade

Qatar and UAE capitalise on investment upgrade

With the rise of Qatar and the UAE as new Emerging Markets, several investment opportunities are attracting foreign investors to the region. With India and China losing some steam in terms of their emerging market glitter, the Middle East is emerging as a more sustainable and viable investment opportunity. With […]

 
 

Qatar Construction Costs Highest in Middle East

Qatar Construction Costs Highest in Middle East

Qatar was ranked the most expensive country in which to build in the Middle East, according the 2013 International Construction Costs Report released today by global built asset consultancy EC Harris. The annual study, which benchmarks building costs in 47 countries, found that relative construction costs across the globe have […]

 
 

Youth Driving Future of Mobile Communication

Youth Driving Future of Mobile Communication

Youth Driving Future of Mobile Communications around the World Ooredoo Chairman Leads Youth Delegation from around the world to Attend Global Youth Summit: BYND 2015 in Costa Rica Ooredoo and a delegation of young people from the MENA region and Southeast Asia will attend the Global Youth Summit: BYND 2015 […]

 
 

Qatar healthcare market expansion opportunities

Qatar healthcare market expansion opportunities

KFH Research latest report says the Qatar healthcare sector is expected to boom with the rapid increase in population due to large-scale projects announced and the 2022 FIFA World Cup. Qatar’s economy has been performing well which translates positively towards the healthcare sector. As a result of urbanisation and rising […]

 
 

Qatar Solar buys into Germany’s SolarWorld

Qatar Solar buys into Germany’s SolarWorld

SolarWorld, Germany’s largest but financially struggling solar firm, has approved restructuring efforts and paved the way for acquisition of a large stake in the company by Qatar Solar. Under the comprehensive restructuring plan, Qatar Solar will acquire a 29 percent stake in the debt-laden firm, helping it to avert an […]

 
 

Qatar Biobank successful with traditional media

Qatar Biobank successful with traditional media

Undoubtedly, marketing is the communicating force for a business to promote its idea or selling proposition. However, what is more important is the form of marketing employed by an entity that determines the success of the communication strategy. And even more important than that, are the actual results from those […]

 
 

Qatar, Europe, find genetic diabetes/cancer link

Qatar, Europe, find genetic diabetes/cancer link

Researchers from Qatar Biomedical Research Institute (QBRI) and their European counterparts, have completed their research to discover a genetic marker in patients with Type 2 diabetes (T2D) are most likely to develop cancer. Scientists from Imperial College, London and CNRS-Lille, France, also took part in the research. The research finds […]

 
 

Qatar Tourism buoyed by GCC and Asia visitors

Qatar Tourism buoyed by GCC and Asia visitors

The latest figures released by Qatar Tourism Authority have shown an increase in visitors to the country. Hotel occupancy rate rose from an average of 58 percent to 67 percent, despite a 4.5 percent increase in the number of rooms available. Total revenue at four and five-star hotels increased by […]

 
 

Qatar takes tough Action on Diabetes

Qatar takes tough Action on Diabetes

Experts leading a new public screening campaign in Qatar, named Action on Diabetes, have highlighted that an estimated 16 percent of the state’s adult population is diabetic. The campaign has based its findings on screening of adults between the ages of 20 to 79 years. The tests show that out […]

 
 

FIFA WC to revive Qatari bank lending

FIFA WC to revive Qatari bank lending

New market data suggests that Qatari bank lending is expected to rebound as the tiny Gulf state is all set to pump billions into various infrastructure projects. For the second half of the current year, QNB, the Middle East’s largest lender, has raised its growth in loan projections by up […]

 
 

Qatar fights back against Obesity

Qatar fights back against Obesity

Qatar, the world’s richest country, is taking measures on an urgent basis to counter the challenge posed to its nation’s health by obesity. Last year, the tiny state of Qatar was ranked as the most obese nation in the world. It is estimated that about half of all adults in […]

 
 

PayPal partners with Qatar National Bank

PayPal partners with Qatar National Bank

With the recently announced partnership between QNB ‘the World’s Strongest Bank’ and PayPal, the leading global online payment service provider, QNB retail customers are set to enjoy many benefits while shopping online. Once the agreement takes effect, QNB retail customers will also gain access to other premium services from PayPal. […]

 
 

Qatar firms need to push for transparency

Qatar firms need to push for transparency

Qatar was recently upgraded to ‘Emerging Market’ from ‘Frontier Market’ status by Morgan Stanley Capital International (MSCI), and listed companies in the country are being watched by global investors, who seek better transparency and investor relations. According to state-owned Abu Dhabi Investment Company (Invest AD), Qatari firms need to “step […]

 
 

Non-oil sector to boost Qatar’s economy

Non-oil sector to boost Qatar’s economy

As a testament to Qatari government’s successful attempt at diversifying the economy, the non-hydrocarbons sector is expected to lead Qatar’s economy in the coming years. The Meed’s Middle East Economic Review 2013 forecasts that Qatar’s oil sector will grow by only around in 0.4 percent this year. However, the sector […]

 
 

Qatar economic surveys to track national progress

Qatar economic surveys to track national progress

Qatar’s Ministry of Development Planning and Statistics has decided to undertake a set of annual surveys to keep track of different economic indicators and progress across various sectors of the Qatari economy. The surveys are aimed at providing accurate data for the year 2012 on different parameters such as; nationality, […]

 
 

Qatar insurance sector booms

Qatar insurance sector booms

A new report reveals the Qatar insurance industry has enjoyed ‘boom times’ in the last five years, with an annual average growth rate of 11.3 percent between 2008 and 2012. Boosted by strong economic progress, heavy investment in infrastructure development and an increasing population of the oil-rich Gulf state, the […]

 
 

Stricter loan rules for Qatari youth

Stricter loan rules for Qatari youth

Calls to curb extravagant spending by Qatari youth on foreign trips in summer. The Qatar Central Bank (QCB) is under pressure from various segments of Qatar society to introduce stricter rules for disbursement of personal loans to Qatari youth. The calls have come to curb extravagant spending by Qatari youth […]

 
 

Qatar sells Porsche stake

Qatar sells Porsche stake

Qatar Holding, the investment arm of the Gulf state’s sovereign wealth fund, has decided to sell its 10 percent shareholding in Porsche Automobil Holding SE (PSE). However, the sovereign fund will retain its 17 percent stake in Volkswagen, Europe’s biggest auto maker. After PSE and the German state of Lower […]

 
 

Qatar economy described as ‘vibrant’ – report

Qatar economy described as ‘vibrant’ – report

According to a Colliers International report, the Qatar economy has become one of the most vibrant in the Middle East and the world at large, on the back of its hydrocarbon reserves. The World Economic Forum Global Competitiveness Report for 2011-2012, ranked Qatar at No. 14, on the list of […]

 
 

Downtown Doha to build biggest GCC manmade square

Downtown Doha to build biggest GCC manmade square

Downtown Doha to build biggest GCC manmade square, in Doha, Qatar, as part of a plan to revitalise the historic and commercial centre of the city. The developer of ‘Downtown Doha’ has announced its plans to construct the Gulf’s largest open-air square, named the Al Baraha. The open-air square is […]

 
 

New Emerging Markets – UAE and Qatar

New Emerging Markets – UAE and Qatar

The UAE and Qatar receive upgrades to ‘Emerging Market status’ by Morgan Stanley Capital Investments. The upgrade facilitates foreign investment in both UAE and Qatar. New Emerging Markets. After a wait of several years, the equity index provider Morgan Stanley Capital International (MSCI) has upgraded the UAE to emerging market, […]

 
 

Qatar interested in Hulu

Qatar interested in Hulu

Qatar will be bidding alongside other top media firms to purchase the struggling U.S.-based online video streaming service Hulu. Hulu, owned by News Corp (Rupert Murdoch), Comcast and Walt Disney, will come under the hammer after failing to improve profitability and revenues, and accumulating USD 350 million in debt. Reports […]

 
 

Qatar seeks to increase foreign investment

Qatar seeks to increase foreign investment

The Qatari Financial Sector is making an increased effort to attract Foreign Direct Investment within the State of Qatar. According to  H.E Yousef Hussain Kamal, Minister of Economy and Finance and Chairman of the Financial Markets Development Committee, this is being achieved by encouraging several listed companies to increase the maximum […]

 
 

Qatar government spends blns to rescue Developers

Qatar government spends blns to rescue Developers

The Qatar government through it’s real estate sovereign wealth fund, Qatar Diar, has agreed to financially support Barwa Real Estate by purchasing troubled Barwa assets worth USD 7.1 billion. Data from Reuters suggests that Qatar Diar, now owns a 45 percent share of Barwa. The real estate firm had accumulated […]

 
 

Qatar awards Doha Metro contracts

Qatar awards Doha Metro contracts

Qatar Rail has awarded four design and build contracts worth USD 8.2 billion for phase one of the Doha metro project. The project includes four rail lines and underground section in the centre of Doha. The rail network is part of Qatar’s preparations for hosting the FIFA World Cup 2022 […]

 
 

Millionaires descend on Qatar

Millionaires descend on Qatar

Gas-rich Qatar has the highest density of millionaires in the world, where 143 out of every 1,000 households have private wealth of at least $1 million, followed by Switzerland (116), Kuwait (115), Hong Kong (94), and Singapore (82). The U.S. had the largest number of billionaires in 2012, but the […]

 
 

New island for FIFA World Cup fans

New island for FIFA World Cup fans

A real estate developer, partly owned by Qatar’s sovereign wealth fund, revealed grand plans to build a USD 5.5 billion island off the coast of Doha, to house 25,000 FIFA World Cup 2022 fans. The “Oryx Island” project would be developed by Qatari developer Barwa Real Estate. It is expected […]

 
 

UAE, Qatar become more competitive says WEF

UAE, Qatar become more competitive says WEF

A new report by the World Economic Forum (WEF) says Arab countries must improve their economic competitiveness to create more employment opportunities in the region. Findings of the Arab World Competitiveness Report were shared at the WEF Middle East meeting in Jordan. As defined by the WEF, competitiveness measures the […]