EIU's report on Business Environment in GCC Countries indicates quite a revelation even as the region continues to display positive economic trendsAs country after country across the globe found itself plummeting from the pedestal of business and economic security,...
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...
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...
Technological penetration in MENA has been quite extensive and all encompassing accounting for very positive trendsThere’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...
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...
Business optimism in Qatar soars to its highest for nearly three yearsDun & Bradstreet survey shows sharp rise in confidence in the Finance, Real Estate and Business Services sectorBusiness optimism in Qatar has soared to its highest in nearly...
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...
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...
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...
Youth Driving Future of Mobile Communications around the WorldOoredoo Chairman Leads Youth Delegation from around the world to Attend Global Youth Summit: BYND 2015 in Costa RicaOoredoo and a delegation of young people from the MENA region and Southeast...
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...
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...
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...
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,...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Two years ahead of it's scheduled opening, a FIFA World Cup-themed shopping mall in Doha has attracted tremendous interest from some of the world's biggest retailers. Covering an area equivalent to 50 football pitches, the Mall of Qatar is being...
Three Qatari government-owned companies have decided to set up a USD 1 billion fund to invest in overseas energy infrastructure projects. An official announcement by Qatar Electricity and Water Company (QEWC) reveals that it would establish the fund in collaboration...
The Bank of London and the Middle East (BLME), Britain's largest standalone Islamic bank, plans to set up an office in Dubai to expand on it's offerings in capital markets and wealth management. The bank is experiencing 15 percent growth...
Qatar Holding has bought a 40 percent stake in a new 290,000-square metre skyscraper project near the centre of Milan, it was announced on Friday. Porta Nuova represents one of the most prestigious city center mixed use developments in Europe...
A real estate report highlighting the Doha real estate market is expected to remain stable and may even witness a surge in unit sales and rentals over the coming months. In the residential real estate sector, the Al Asmakh Real...