A new research published by the World Wildlife Fund (WWF) said Qatar has the worst ecological footprint per person in the world. The wildlife and environmental organisation also said that an ever-growing demand for resources by a growing population is putting tremendous...
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...
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 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...
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...
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...
After announcing its intention to acquire Current TV, Al Jazeera is struggling to retain distribution rights in the US. The deal is worth USD 500 million and key to Al Jazeera’s growth in the US cable market. The Qatar-sponsored network...
As Qatar steps up its preparation for the 2022 FIFA World Cup, small firms are likely to miss out on their share of the pie and not benefit from the billions of dollars dedicated for new infrastructure projects. Qatar plans...
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...
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...
Harrods, the world-famous London department store, recorded an 11% sales increase to £651.7m ($1bn) in the year to 28 January, with pre-tax profit rising 15% to £125.3m ($196.6m). Qatar Holding, owners of Harrods, bought the retailer from Mohamed Al Fayed for...
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...
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...
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...
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...
According to a Bloomberg report, Research In Motion is preparing to open stores across the Middle East where demand for its BlackBerry phones has been on rise despite gloomy sales in the US. Sandeep Saihgal, managing director of RIM’s Middle...
  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...
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...
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...
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...
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...
  The Qatar-based broadcaster Al Jazeera is on the lookout for a new office in New York and may consider moving into the former headquarters of the New York Times newspaper. After the acquisition of Al Gore’s Current TV for USD...
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 has become the 71st member of the International Ice Hockey Federation, after being accepted during the Annual Congress in Helsinki this weekend. The tiny Gulf desert nation has joined the ranks as a full member under the precondition of an...
According to a statement released on the Nasdaq Dubai bourse on Thursday, Qatar's Mannai Corp and Egyptian investment bank EFG Hermes assumed control of Dubai's Damas. The announcement came 75% of the Damas' shareholders accepted the consortium's $445 million offer to acquire Damas. The bidders have received acceptances representing 78.37% of...
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...
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...
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 says it is considering a revamp of its controversial sponsorship system for foreign workers in the country and introduce a new system that is in line with international labour standards. Under the current system, all foreigners must be sponsored...
Qatari authorities announced they have awarded a second contract worth QAR4.5bn ($1.2bn) to Middle East Dredging Company to commence dredging work at the new sea port in Doha. The project on what is claimed as the world's deepest sea...