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...
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...
Qatar Airways CEO Akbar Al Baker has rubbished claims made by European airlines that Gulf carriers are unfairly grabbing aviation market share thanks to generous government handouts. Al Baker said in an interview that the 'whinging tactics' adopted by European...
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,...
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...
The chase to host the 2020 Summer Games was cut down to a three horse race between Istanbul, Madrid and Tokyo after Doha and Baku were dropped from the running by the International Olympic Committee (IOC) on Wednesday. Doha, capital...
The Doha-based Sidra Medical and Research Center, slated to open next year, plans to hire over 4,500 medical staff over the next two years. The state-of-the-art medical facility will provide healthcare services focused on obstetrics, gynecology and pediatrics. The hiring...
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...
Qatargas said on Monday it has entered into a new long-term agreement with its largest Japanese LNG buyer, Tokyo Electric Power Company (TEPCO), to provide liquified natural gas (LNG). Under the first long-term bilateral agreement, signed by Dr Mohammed Bin Saleh...
Analysts and British energy companies said on Monday that Britain is in danger of suffering a long-term loss of liquefied natural gas (LNG) supply as top exporter Qatar sends only left-over short-term deliveries to the country while sending most of...
 "A multinational firm from UK has plans of  expanding its operations in the Middle East. Because of the cultural differences and marked business practices in the Middle East and GCC countries, they need guidance and legal representation in setting...
Moody's Investors Service welcomed a recent decision by state-owned entities in the UAE to build a new liquefied natural gas import terminal that bypasses the strategic Strait of Hormuz and termed it as 'credit-positive'. Mubadala Development Company and the International Petroleum Investment...
The Qatar Investment Authority (QIA) is believed to be actively seeking new acquisition targets across the world to diversify its already growing portfolio of assets. A new report by the KPMG, revealing investment trends of sovereign wealth funds (SWF’s) in...
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...
Australia is expected to pip Qatar and become the world's biggest liquefied natural gas (LNG) producer by 2020 as it unlocks gas reserves that could last more than a century, a report said on Sunday. The country is already the fourth biggest...
Qatar Airways CEO Akbar Al-Baker claimed in a controversial statement that only "two dominant carriers" have a future in the Middle East. The Qatari executive made his prediction at this week's Arabian Travel Market event in Dubai. “I still confirm that...
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...
  Qatar’s first lifestyle hotel honoured as the ‘World's Leading Hotel & Residences’ at the World Travel Awards 2012 Doha, Qatar (13 December 2012) – W Doha Hotel & Residences underlined its dominance within the hospitality market at the World Travel...
As Qatar prepares itself to host the 2022 FIFA World Cup mega event, newly published figures highlight that construction costs in the country will surge by up to 18 percent in 2017 from current levels. Prepared by MEED Cost Indices,...
Australia's top football official reignited speculations about Qatar 2022 FIFA World Cup hosting event after hinting future twists in the controversial tale. Football Federation Australia chairman Frank Lowy, re-elected for the top position, told media: ?I don?t know whether...
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...
The global payments and technology company MasterCard has announced the official opening of its dedicated office in Qatar's capital, Doha. The announcement was made at a launch event that was held in Doha on 23 January and was hosted by...
A senior Qatari official said investment authorities are applying for the status of Qualified Foreign Institutional Investor (QFII) in China with an aim to seek investment quota of $5 billion. Mohammed Bin Saleh Al-Sada, minister of energy and industry of 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...
Qatar's energy minister on Monday affirmed oil production in the Middle East remains stable and denied rumours of supply shortage in the market. "Supply from the Middle East has been reliable despite perceived disturbances in the region...there is no shortage...
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...
Qatari economy grew at a rate of 14% last year amid a boom in energy exports. The inflation-adjusted double digit figure means the country's economy expanded at one of the highest growth rates in the world, albeit on a slower...
Press Release Dubai, UAE - 29 May:  Mr. Patrick Choffel, CEO, Oman Insurance Company (OIC) , the largest insurance company in UAE and second largest in the Middle East, offers his personal and the company’s deepest sympathies and condolences to...
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...
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...