Official government information reveals that Qatar’s job market is still heavily dominated by foreign workers, while women are working much harder than men. The first quarter data shows that for each Qatari worker, there are as many as 16 expatriates...
GCC economies must invest in exports to reduce dependence on commodities Falling oil prices will pose a challenge to GCC hydrocarbon exporters unless governments step up their diversification efforts and develop more export industries, according to a new report by...
Qatar's booming revenues from liquefied natural gas more than tripled budget surplus to 44.5 billion riyals ($12.2 billion) in the fiscal year ended in March, an Islamic bond issue prospectus showed on Monday. According to a Reuters calculation, the tiny Gulf nation is...
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...
Reports coming from Qatari capital said country's football authorities are still pondering whether to allow alcohol in stadiums in line with FIFA's mandatory laws while hosting the 2022 World Cup. A senior official insisted he did not see a...
Qatar's state budget surplus shrunk to 2.9% of quarterly economic output in the third quarter of its 2011/12 fiscal year, amid increased public spending and dropping revenues compared with the previous three months, official data showed on Thursday. Preliminary estimates...
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...
It would be prudent to say that  there has been a resurgence in interest and the promotion of Art  in the Middle East in the past decade. Multitude of Art Museums and Galleries have come up in countries like...
  The Gulf state of Qatar retained its ranking as the world’s wealthiest nation in 2012, with it's per capita income rising to USD 106,000. The Washington-based Institute for International Finance (IIF) reported that Qatar's per capita GDP at purchasing power...
The Qatar Foundation has revealed that Qatar will soon open an astronomy and space centre to boost local interest in celestial bodies and promote research activities in the field. Speaking to the Gulf Times, Dr Khalid al-Subai, the director of...
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...
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,...
Although Qatar successfully won it's bid to host the World Cup in June or July of 2022 -- concerns about player health have surfaced due to Qatar's hot summer weather. This has compelled Qatar's organizers to announce a winter...
The Qatar royal family plans to spend up to US$10 billion (S$12.9 billion) buying stakes in gold producers through their sovereign wealth fund. The fund is seeking to invest in a range of natural resources, but gaining access to physical...
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...
The Qatari royal family has bought iconic Italian fashion house Valentino for €700 million ($857.46 million), snapping one of the most prominent purchases it has made so far. Valentino said Mayhoola for Investments SPC, which is backed by a leading...
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...
Qtel said it has doubled its stake in Asiacell to 60% at a price of $1.47bn as part of its bid to capitalise on rising demand for mobile broadband in the country. The Qatari company said in an emailed statement...
 "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...
FIFA named independent ethics investigators to look into allegations of wrongdoing including the selection of World Cup hosts, the association chief announced on Tuesday. former US attorney Michael J. Garcia has been named as head investigator for its ethics committee  and...
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...
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...
Qatari government has announced plans to revive Tunisia’s second refinery and is seeking a partner for the $2bn project. “The costs of the project are very high, and it may require another partner,” Khalid Al-Attiyah, Qatar’s minister for international cooperation,...
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...
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...
The UK retail giant WHSmith has announced its plans to open eight shops at the delayed New Doha International Airport (NDIA). It is expected that the retailer will occupy around 8,000 square feet of space at the new airport,...
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...
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...
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...
Reports coming from Qatar suggest the sheikhdom is planning to issue sukuk (Islamic bonds) for the first time in nearly a decade amid growing global demand for safe havens and sharia-compliant assets. Doha has mandated banks for investor meetings in...