We live in a corporate age which is in constant dynamics,always paving way to innovation and excellence. The old ways give rise to the new, belief systems change and opportunities are constantly throwing up greater challenges and growth prospects...
  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 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...
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 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,...
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,...
According to an annual survey of 125 countries, Qatar has been named the most innovative economy in the Gulf region. Qatar has got ahead of the race beating China and India, the world?s two largest emerging economies, as shown...
  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...
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...
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...
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...
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 is First of Company’s Global Markets to Unify as Ooredoo At a major event in Qatar last night, leading communications company Qtel (Qatar Telecom) rebranded as Ooredoo. More than 2,000 people attended the event, which was broadcast live on Qatar...
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...
  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...
Europe's tallest building has been officially unveiled in central London by the prime minister and minister of foreign affairs of Qatar, Hamad Bin Jassim Bin Jabr Al-Thani, and The Duke of York, Prince Andrew. The Shard's has emerged as the capital's most...
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...
Qatar Airways, one of the Middle East's top and world's fastest growing airlines, has opened up a competition - 'Tweet-a-Meet' - for Twitter users. 'Tweet-a-Meet' enables a team of two persons to turn their virtual connections into real ones by...
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...
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...
Once one of the poorest Gulf nations, is now one of the richest in the region, given to the exploration of large oil and gas fields since the 1940?s. Wealth is not the only factor that has kept Qatar...
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...
  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...
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...
Youth Driving Future of Mobile Communications around the World Ooredoo Chairman Leads Youth Delegation from around the world to Attend Global Youth Summit: BYND 2015 in Costa Rica Ooredoo and a delegation of young people from the MENA region and Southeast...
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...
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...