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Qatari lender QNB’s net profit rises by 7% in H1 2024

GCC’s biggest bank QNB reports 7% rise in half-year net profit

The banking group had QAR1.3tn in total assets in the six months ending June 30, a 5 per cent increase compared to the same period a year ago

Qatar Airways’ full-year profit soars to a record $1.7bn

Qatar Airways posts $1.7bn in full-year profit on robust travel demand

The airline carried more than 40 million passengers, an increase of 26 per cent from the previous year

Qatar

Simaisma Project: Qatar announces mega-entertainment district

The Simaisma Project will incorporate cutting-edge construction technologies and utilise eco-friendly, locally sourced materials

Manhattan Beekman Place Qatar

Qatar lists its Beekman Place townhouse in Manhattan for $32m

Built around 1910, the 7,300-square-foot property boasts five bedrooms, two terraces, and a rooftop garden

QatarEnergy 2023 profit drops 32% as gas prices cool

Qatar Energy 2023 profit drops 32% as gas prices cool

The energy firm’s profit was roughly in line with that of oil major Shell

Qatar’s Ooredoo supercharges data centres with NVIDIA AI tech

Qatar’s Ooredoo supercharges data centres with NVIDIA AI tech

The initiative is expected to drive economic growth, job creation, and technological innovation across the region

QatarEnergy, Exxon to remove contractor from LNG project

QatarEnergy, Exxon seek to remove contractor from Texas LNG project

The project, which was expected to start processing natural gas this year, has not updated its completion schedule

RwandAir says Qatar Airways close to acquiring stake

RwandAir says Qatar Airways close to acquiring stake, FT reports

Qatar Airways in 2019 took a 60 per cent stake in a new $1.3bn international airport being built in Rwanda

Saudi Arabia, Qatar - GCC

Qatar-Saudi relations flourish with surge in business activity

For Qatar, a top liquefied natural gas exporter, it is a chance to strengthen ties with its Arab neighbour, as well as try to diversify its economy

QATAR VC firm Rasmal ventures launches debut fund GettyImages-520283407-e1714712344221

Qatar’s Rasmal Ventures launches $100m debut VC fund

While sector-agnostic, the fund will have a strategic focus on climate and energy tech, fintech, supply chain logistics, B2B SaaS and AI

Qatar’s QIA to buy 10% stake in China asset manager

Qatar sovereign fund agrees to buy 10% stake in China asset manager

The potential deal would make the fund the third-biggest shareholder in ChinaAMC, which manages more than $248m (RMB1.8tn) in assets

Qatar Airways courts Airbus and Boeing for 150 new planes

Qatar Airways in talks with Airbus, Boeing for ‘triple digit’ plane order

Al Meer confirmed talks for a three-digit order but said the number of jets being mentioned in reports was not accurate

qatar airways starlink wifi

Qatar Airways becomes first MENA airline to roll out Starlink wifi

The rollout plan indicates that by 2026, the entire Qatar Airways fleet will be equipped with Starlink’s high-speed internet

air turbulence

What you need to know about air turbulence?

While turbulence changes with weather conditions, some regions and routes are more prone to it than others

hamad international airport crosses milestone 50 million passengers mark

Hamad Intl Airport surpasses milestone 50-million passenger mark

In April, Hamad International Airport was also named the world’s best airport, according to Skytrax, the world airline and airport rating programme

QATAR AIRWAYS-Badr Mohammed Al Meer

Qatar Airways CEO talks Boeing delivery delays, new investments in Africa at Doha forum

Qatar Airways CEO says airline unable to meet high post-pandemic demand for travel due to shortage of new aircraft

qatar-energy-min

Qatar to sign more long-term LNG contracts this year: Qatar Energy CEO

Qatar, one of the world’s largest LNG exporters, announced an additional expansion of its LNG production in February

Qatar QIA looks at Ardian Semiconductor as anchor investor GettyImages-520283407-e1714712344221

Qatar Investment Authority to be anchor investor in Ardian Semiconductor

With its strategic investment in Ardian Semiconductor, QIA continues to advance its position as a leader in tech investment

Qatar

Qatar’s economy grew 1.2% year-on-year in Q3 2023

The Gulf state posted a budget surplus of QAR1.4bn in the final quarter of 2023, which was used to reduce public debt

banking

Revolutionising banking-as-a-service: BKN301 on bridging financial markets across Europe and MENA

Stiven Muccioli’s insights shed light on BKN301’s mission to revolutionise banking services, underscoring the importance of innovation, adaptability, and cybersecurity in the ever-evolving fintech landscape

Sinopec, QatarEnergy sign 27-year LNG supply deal

Amid massive LNG expansion, QatarEnergy bulks up shipping fleet

QatarEnergy has finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels

QatarEnergy-sign time-charter deal with for 25 LNG vessels Image QatarEnergy

QatarEnergy, Nakilat ink time-charter deal for 25 LNG vessels

Under the 15-year time-charter party agreements, Nakilat will charter out the vessels to affiliates of QatarEnergy, facilitating the seamless transportation of LNG to key destinations worldwide

Qatar Airways GCEO unveils vision for future

Qatar Airways GCEO unveils vision for airline’s future, marks it as a ‘new era’

The cornerstone of Qatar Airways’ strategic roadmap is the introduction of new first-class cabins, a move aimed at meeting the high demand for premium travel experiences

Qatar Airways courts Airbus and Boeing for 150 new planes

Qatar Airways mulls up to 150 widebody orders from Boeing, Airbus

Earlier this month, Qatar’s national carrier said its entire fleet of A350 jets was back into service after settling a legal dispute with Airbus

Qatar Airways unveils world’s first AI cabin crew

Meet world’s first AI cabin crew: Qatar Airways’ Sama 2.0

Sama 2.0 is fluent in English and the airline said she will expand to Arabic and other languages later this year to cater to its global audience

LNG expansion plans to squeeze out competitors

Qatar’s new LNG expansion plans to squeeze out competitors

The Gulf state plans an 85 per cent expansion in LNG output from its North Field’s current 77 million metric tons per year to 142 mtpa by 2030

Qatar investment authority launches $1bn VC fund image courtesy- Qatar news agency

Qatar Investment Authority’s new $1bn VC fund to boost startup ecosystem

The fund aims to close the current funding gap that exists for local and regional entrepreneurs

Qatar unveils new plan to further boost LNG production

Qatar plans new gas output boost amid global price collapse

The expansion may not be the last for Qatar as appraisals of the Gulf state’s gas reservoirs would continue and production might be expanded further

GCC markets update

GCC markets update: QE, DFM and Tadawul

Follow our live blog below to stay abreast of news and updates across the GCC markets

clean growth -sustainability

Green Economy Partnership headquarters set up in Doha, Qatar

The organisation aims to amplify its impact on global climate initiatives, emphasising collaboration with governments and the implementation of CO2 removal projects that fall under Article 6 of the Paris Agreement