Archive for: 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 […]

 
 

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 […]

 
 

Qatar heeds to International Criticism: Set to Reform Labor Laws

Qatar heeds to International Criticism: Set to Reform Labor Laws

In response to international criticism, the Qatari government makes a sincere attempt to address its expat worker problems. Reacting to international backlash about the treatment of expatriate workers and labor laws of the country, the government of Qatar has announced several changes to its labor system. The Ministries of Interior and […]

 
 

Defence Outlays Decrease Globally, Spike in Middle East: SIPRI Survey

Defence Outlays Decrease Globally, Spike in Middle East: SIPRI Survey

Defence expenditure forms one of the core fiscal expenditures of countries with millions of dollars being spent by governments to ensure that their defence system is up-to date and bolstered with highly refined arsenal. Defence expenditures aren’t however mindlessly carried out, but are carefully applied strategies that are subject to […]

 
 

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 […]

 
 

Middle East and Africa Lead in IT Infrastructure Spending: More Revealing Gartner Trends

Middle East and Africa Lead in IT Infrastructure Spending: More Revealing Gartner Trends

Middle East & Africa IT Infrastructure Spending will Reach $3.5 Billion in 2014 Towards the end of the 20th century – the 1900’s so to speak – there emerged this new fad to call the new millennium as ‘Y2K.’ It was a technological reference that eluded many except for those […]

 
 

The Fall of Arab Nationalism and its Folkloric League

The Fall of Arab Nationalism and its Folkloric League

In the wake of the Second World War, the presence of powerful international and regional organizations, which can preserve peace and play effective mediatory roles between nations, emerged as an imperative requirement to all nations. To address that global need, international organizations and regional leagues, such as the United Nations (UN), the League of […]

 
 

Why Geneva Talks Won’t Stop the Syrian Bloodbath

Why Geneva Talks Won’t Stop the Syrian Bloodbath

Now as thirty-four months ago, on every international and regional news channel you watch, transnational newspaper you read or human rights centered websites you explore, you will find analytical articles condemning the ongoing Syrian bloodbath.  You will also come upon uncountable number of commentaries preaching the necessity for direct negotiation […]

 
 

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 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 […]

 
 

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 […]

 
 

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 […]

 
 

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 […]

 
 

Al Nassma Chocolate now in Qatar

Al Nassma Chocolate now in Qatar

The premium UAE-based camel milk chocolate brand, presents its first partnership in the State of Qatar. Al Nassma Chocolate — the first and finest camel milk chocolate, announces its inaugural point of sale in the State of Qatar. The unique and high-end chocolate brand, using camel milk as the premium […]

 
 

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 […]

 
 

Investcorp acquires 38% stake in Saudi’s AYTB

Investcorp acquires 38% stake in Saudi’s AYTB

Investcorp’s Gulf Fund acquires a 38% stake in Saudi Arabia’s AYTB. Investcorp Gulf Opportunity Fund announced today that it has agreed to acquire a 38 percent stake in Al Yusr Industrial Contracting Company WLL (“AYTB”), a leading provider of technical industrial support services to the petrochemical, oil & gas and other […]

 
 

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 […]

 
 

Qatar buys Indian telecom stake

Qatar buys Indian telecom stake

  In a deal worth an estimated USD 1.3 billion, the Gulf state of Qatar has bought a five percent stake in Indian telecom firm Bharti Airtel. Under the deal, Bharti will issue 199.9 million new shares at a 7.3 percent premium to the stock’s closing price last week. The […]

 
 

Doha property market stable

Doha property market stable

Property sales in Doha have continued at a swift pace through the first quarter of 2013, with a 2 percent increase in the total value of transactions. The latest Asteco Q1 2013, Qatar report says that compared with the fourth quarter 2012, there has been a 6 percent increase in […]

 
 

Research on infrastructure projects set to boost

Research on infrastructure projects set to boost

Qatar and UK have joined hands to establish an independent, not-for-profit institute in Doha for understanding the financing, risk appraisal and management of large complex infrastructure projects. The newly launched Institute for Infrastructure Studies will strive to become the global centre of excellence to support the USD 70 trillion infrastructure […]

 
 

Qatar travel industry projected to touch USD 7.7 billion in 2014

Qatar travel industry projected to touch USD 7.7 billion in 2014

Online travel market  exceeded an estimated USD 944 million in 2012 Amadeus co-sponsors PhoCusWright report on ‘Assessing the Online Travel Opportunity: The Middle East’ Qatar’s travel market is expected to grow steadily from USD 5.4 billion in 2012 to USD 7.7 billion in 2014, signifying a healthy economy backed by […]

 
 

Qatar to emerge as Islamic finance hub

Qatar to emerge as Islamic finance hub

  A new report has predicted that Qatar will soon become a “key international distribution hub” for Shariah-compliant products as the Islamic finance market grows at an unprecedented pace. Qatar Financial Centre Authority in its first ‘Mena Asset Management Barometer‘ suggests that Qatar’s position in the Islamic finance market will […]

 
 

QNB Group Net Profit at QR2.1 billion in Q1 2013

QNB Group Net Profit at QR2.1 billion in Q1 2013

QNB Group announces financial results for the three months ended 31 March 2013  QNB Group’s Key Financial Indicators: • Net Profit exceeded QR2.1 billion, up by 6.7% from same period last year • Total Assets stood at QR380 billion, up by 22.2% from March 2012 • Total Loans and Advances up […]

 
 

Qatar ready for 2022 FIFA World Cup in winter

Qatar ready for 2022 FIFA World Cup in winter

Although Qatar successfully won it’s bid to host the World Cup in June or July of 2022 — concerns about player health have surfaced due to Qatar’s hot summer weather. This has compelled Qatar’s organizers to announce a winter option for the mega-event. The Qatar 2022 supreme committee has issued […]