Business

Qatar Establishes Division to Enhance Local Investment Through New Wealth Fund

In a move to bolster its domestic economy, Qatar is intensifying efforts to diversify beyond its reliance on hydrocarbons. The Qatar Investment Authority (QIA) has announced the formation of a new division named Doha Investment, aimed at expanding domestic investments and invigorating the country's private sector. This development was unveiled by Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani at the Qatar Economic Forum held...

Qatar Aims to Expand Economic Ties with American Businesses

In an era of evolving global trade dynamics, Qatar is actively seeking to bolster its economic ties with the United States, focusing on expanding cooperation across several key sectors. This strategic move was highlighted during a recent forum in Washington, DC, where Qatar's Minister of State for Foreign Trade Affairs, Dr. Ahmad bin Mohammed Al Sayed, outlined the nation's ambitions to strengthen its economic...

Qatar’s Finance Minister Attends Canadian Summit to Boost Economic Partnerships

Amid global economic shifts and an increasing focus on international collaboration, Qatar is stepping up its efforts to strengthen ties with Canada through investment...

ASEAN-Qatar Economic Ties Strengthen, Approaching $15 Billion in Trade

As Southeast Asia continues to grow as a global economic powerhouse, the Association of Southeast Asian Nations (ASEAN) is further solidifying its economic ties...

Global Oil Market Faces 4% Supply Threat from Saudi Pipeline Closure

Saudi Arabia's temporary closure of its crucial East-West oil pipeline following an attack has sparked worries about the stability of global crude supplies. This...

Qatar Enhances Financial Integration by Joining Gulf AFAQ Payments Network

The Qatar Central Bank (QCB) has officially become a part of the AFAQ Payments System, marking the completion of all six central banks from...

Oman, Qatar Explore Enhanced Economic and Investment Partnerships

In a bid to enhance their economic ties, Oman and Qatar are engaging in discussions to bolster cooperation in various sectors, particularly focusing on...

Qatar, South Korea Aim to Boost Economic and Financial Partnerships

Qatar and South Korea are actively exploring ways to enhance their economic and financial collaboration, focusing on areas where both nations share mutual interests....

Qatar Central Bank Enhances Economic Efficiency with Direct Payment Provider Access

The Qatar Central Bank (QCB) has introduced a new policy allowing qualified payment service providers to establish accounts directly with the central bank, giving...

Qatar-Syria Engage Over Economic Partnerships and Regional Market Trends

In a recent phone conversation, Dr. Mohammed bin Abdulaziz bin Saleh Al Khulaifi, Qatar’s Minister of State at the Ministry of Foreign Affairs, engaged...

Qatar-Japan Pact Enhances Economic Ties Through Expanded Air Routes

Qatar and Japan have taken a significant step forward in their aviation relations by signing a memorandum to amend their existing Air Services Agreement....

Qatar, Brazil Seek to Enhance Trade and Investment Ties for Growth.

Qatar and Brazil are actively seeking to enhance their trade and investment ties, with a significant emphasis on sectors such as food security, agriculture,...

QIA Invests $200 Million in Gatik’s Autonomous Freight Expansion.

The Qatar Investment Authority (QIA) has spearheaded a significant financial boost for Gatik, a US-based company specializing in autonomous freight technology. Leading a Series...

Stricter Iran Sanctions Trigger Over 3% Decline in Oil Prices

On Tuesday, oil prices experienced a significant decline, falling over 3% to reach their lowest point in a week. This drop comes as investors...