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 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 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...
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...
FIFA is forming an independent committee that will most probably examine the World Cup bids made by Russia and Qatar to host the prestigious events in 2018 and 2022 respectively, a former British attorney general advising FIFA on reform...
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...
Online travel market  exceeded an estimated USD 944 million in 2012 Amadeus co-sponsors PhoCusWright report on ‘Assessing the Online Travel Opportunity: The Middle East’ Qatar’s travel market is expected to grow steadily from USD 5.4 billion in 2012 to USD 7.7...
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...
 The Financial Times, one of London’s most prominent publications, has reported that Qatar is in talks with the government of UK to invest up to USD 15 billion in several key infrastructure projects. Sources close to the negotiations have revealed...
EIU's report on Business Environment in GCC Countries indicates quite a revelation even as the region continues to display positive economic trends As country after country across the globe found itself plummeting from the pedestal of business and economic security,...
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'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...
QNB Group announces financial results for the three months ended 31 March 2013  QNB Group's Key Financial Indicators: • Net Profit exceeded QR2.1 billion, up by 6.7% from same period last year • Total Assets stood at QR380 billion, up by 22.2% from...
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...
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...
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...
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...
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...
  A news report by London’s The Sun newspaper has revealed that Qatar’s sovereign wealth fund may be eyeing UK retail chain Marks & Spencer in deal worth estimated to be USD 12 billion. The retail giant boasts about 1000 global...
 "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...
It has been reported that an unknown consortium from Qatar and the UAE is preparing to make a world record bid of USD 2.25 billion for English Premier League football club Arsenal. The bid is almost twice the 2011 valuation...
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 future of U.A.E. in terms of world ranking seems to be getting brighter. Russell Investments, the global leader in fund management has classified the UAE? market under the emerging market status, while MSCI and S&P are delaying the market?s...
Qatar Airways has decided to file a USD 600 million legal claim against German Emirati joint venture construction company Lindner Depa Interiors (LDI) for causing a delay to the opening of New Doha International Airport. Qatar Airways is the...
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,...
Qatar signed a deal billion dollar with Royal Dutch Shell as part of its bid to develop its petrochemicals industry with the help of multinational corporations. The agreement was signed in Doha by Qatar's energy minister, Mohammed Al Sada,...
Middle East Electricity shines spotlight on booming energy sector; UAE forges ahead with power, water, energy projects worth US$34.2 billion Dubai, UAE, 2 February 2012: New power, water, and energy projects valued at US$180 billion are underway or at the...
Qatari banks are borrowing record loans from foreign lenders to shore up their funding as the tiny gas-rich nation starts preparations to host the 2022 football World Cup. According to Bloomberg News calculations based on central bank data, net interbank borrowing...
Qatar Telecom (QTEL) has expressed its interest in buying a stake valued at about $1.9 billion in Kuwait’s National Mobile Telecommunications Co. as part of its bid to boost portfolio and stave off competition at home. Qatar Telecom has offered National Mobile,...
Qatar Airways Chief Executive Officer Akbar Al Baker said his airline will receive an upgraded version of Airbus SAS’s A380 superjumbo after refusing to take jets with wing faults. “Qatar Air insisted that Airbus provide us with the new, certified wing for the...