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QatarEnergy acquires 23% of offshore Egypt block from Chevron

QatarEnergy acquires 23% of offshore Egypt block from Chevron

Chevron will keep a 40 per cent share in the concession agreement for the North El-Dabaa block following the deal

QatarEnergy buys 50% stake in TotalEnergies solar project in Iraq

QatarEnergy buys 50% stake in TotalEnergies solar project in Iraq

The solar project, which will be developed in phases, will generate up to 1.25 GW at peak using 2 million bifacial solar panels

QatarEnergy, Shell seal 20-year naphtha supply agreem

QatarEnergy, Shell seal 20-year naphtha supply deal

The deal, set to commence in April 2025, will see up to 18 million tonnes of naphtha delivered to Shell

Qatar’s QNB reports 5.4% jump in third-quarter net profit

Qatar’s QNB reports 5.4% jump in third-quarter net profit

The lender reported a nine-month net profit of QAR12.7bn to September 30, up 7 per cent from the previous year

Qatar Airways to buy 25% stake in Virgin Australia from Bain

Qatar Airways to buy 25% stake in Virgin Australia from Bain

The stake sale serves as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership

Ooredoo secures QAR2bn financing to build data centres

Qatar’s Ooredoo secures QAR2bn financing to build data centres

The 10-year hybrid facility was provided by Qatar National Bank, Doha Bank and Masraf Al Rayan

Qatar wealth fund expands into Australia, Korea and Southeast Asia

Qatar wealth fund expands into Australia, Korea and Southeast Asia

The Asian expansion comes as the fund has been diversifying its investments from core European and US markets

Italy’s Saipem secures $4bn contract from QatarEnergy

Italy’s Saipem secures $4bn contract from QatarEnergy

The offshore EPC contract will help boost production at the North Field offshore natural gas field, which lies off the northeastern coast of Qatar

QNB board approves QAR2.9bn share buyback program

QNB board approves QAR2.9bn share buyback program

The share buyback will be carried out through open-market purchases and financed by the lender’s retained earnings and excess cash

QatarEnergy expands fleet with six new QC-Max LNG vessels

QatarEnergy expands fleet with six new QC-Max LNG vessels

The ships, which will be built at China’s Hudong-Zhonghua shipyard, are the largest LNG vessels ever built, with a capacity of 271,000 cubic metres each

QatarEnergy plans to double annual urea production

QatarEnergy plans to double annual urea production

The construction of four new production lines for urea, a key ingredient in fertilisers, would boost output by 106 per cent

Qatar in talks on possible purchase of Rosneft stake in German refinery

Qatar in talks on possible purchase of Rosneft stake in German refinery, report says

Rosneft has a 54.17 per cent stake in PCK Schwedt, which has traditionally supplied 90 per cent of the fuel used in Berlin

Qatar inks another 15-year LNG supply deal with Kuwait

Qatar strikes another 15-year LNG supply deal with Kuwait

The Gulf states agreed in 2020 to a 15-year deal for the supply of 3 mtpa of LNG from 2022, which will overlap with the new deal

Qatar on track to double economy by 2031: Here's what's driving growth

Qatar on track to double economy by 2031: Here’s what’s driving growth

Key growth sectors include real estate, construction, financial services, trade, manufacturing, logistics and tourism, the Standard Chartered report shared

Qatar airways to increase flights to key cities in winter season Image Qatar Airways

Qatar Airways to increase flights to London, Male, Miami, Tokyo

The flight services to key international destinations, including London, Male, Miami, and Tokyo, will be launched for the upcoming 2024-2025 winter season

Qatar Airways invests in South African carrier Airlink

Qatar Airways acquires 25% stake in South African carrier Airlink

The investment in privately-owned Airlink would enhance an existing code-share partnership between the two airlines

How Msheireb Properties is redefining urban living in Qatar

How Msheireb Properties is redefining urban living in Qatar

Msheireb Properties’ CEO Ali Al Kuwari delves into the inspiration behind Msheireb Downtown Doha, its impact on the community, and the future of real estate in Qatar

US MILITARY AIR-FORCE-F-22-RAPTORS-DOD

US boosts military capability in the Middle East, sends F-22 jets

The US has an estimated 30,000 to 45,000 military troops stationed across the Middle East, spread over more than a dozen countries

GCC markets Image: Getty Images - ipo

Most GCC markets extend gains as US recession fear fades

Market watchers called worries of a recession in the US economy “not in line with economic fundamentals”

Antony-Blinken-Israel

Middle East tensions: US State Secretary Antony Blinken dials GCC counterparts

Blinken has spoken to his counterparts in Saudi Arabia, the UAE and Qatar as tensions have ratched up in the region, in recent days

Gautam Adani

Abu Dhabi, Qatar wealth funds back Adani Energy’s share sale: Reports

Adani Energy, a power transmission and distribution company, raised funds through a Qualified Institutional Placement

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 acquires 23% of offshore Egypt block from Chevron

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