Doha's ambitions of transforming itself into the fashion capital of the Middle East got a big boost when leading Italian fashion designers and executives of top clothing brands attended a two-day fashion event. The gas-rich Gulf nation held its first ever Italian...
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...
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...
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...
South Korea's Incheon International Airport has been crowned the World's Best Airport for 2012. The World Airport Awards were announced by SKYTRAX, a UK-based consultancy, which has the largest airline and airport review and ranking site. The World Airport Awards are...
India says it would like to increase its import of liquefied natural gas (LNG) from Qatar, Qatar's English language daily reported on Tuesday. Speaking in Doha Monday, India’s minister for commerce, industry and textiles, said New Delhi wants to purchase 15m...
A Qatari royal family member has purchased a Greek island for €5m ($6.59m), according to reports published in local media. Citing unnamed sources, Oxia, Greek daily Ekathimerini reported that the island, spread across 1,236-acres, was initially advertised by owners the Greek-Australian Stamoulis family for...
According to the International Obesity Taskforce, Qatar is the fattest nation in the world, where half of all adults are obese and 17% of the population is suffering from diabetes. By comparison America, which is often assumed to be the fattest,...
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...
Qatar and India have signed an agreement that will enhance co-operation in oil and gas production, the Gulf state’s government news agency reported. The deal, among six agreements, was made during Sheikh Hamad bin Khalifa Al Thani’s official visit to...
Qatar Olympic Committee confirmed on Sunday it is sending air rifle shooter Bahia Al-Hamad to compete at the London Olympics. Al-Hamad, 19, is the third woman of the Qatari contingent and will compete in the 10 metres competition. She won...
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...
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...
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...
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...
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...
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,...
Qatar Airways has added Libyan port city of Benghazi and Ugandan city of Entebbe as the two new destinations to its African portfolio. The two cities of Africa now make the total of 16 destinations that are covered by...
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...
Amid rising concerns over Standard and Poor's downgrade of the US' credit rating from AAA to AA+ and its impact on Gulf currencies, which have hitherto been pegged against the US dollar, the UAE and Bahrain have dismissed speculations...