Qatar had the highest contribution of travel and tourism to GDP (10.3%) in the GCC region in 2021, according to an Alpen Capital study.
Qatar banking sector is demonstrating resilience post-pandemic and its short to mid-term outlook looks "positive" with interest margins remaining in the comfort zone and being highly capitalised..
The foreign funds' substantial buying interests yesterday lifted the Qatar Stock Exchange by more than 199 points and its capitalisation gained about QR12bn, as markets worldwide discounted fears of global recession.
The oil price has been sliding on concerns of global economic slowdown hurting energy consumption, but the airline industry has little to cheer given elevated prices for jet fuel.
Initiatives like the XLR8 programme of Qatar Science & Technology Park (QSTP), member of Qatar Foundation, have been playing an instrumental role in the development and success of many startups in Qatar.
ICAO’s UN General Assembly is now in full swing, beginning this week in Montreal, Canada. The International Civil Aviation Organisation (ICAO) is a specialist agency of the United Nations set up to define international safety, environmental and operating standards for commercial aviation.
Trade volume between the State of Qatar and Jordan stood at over QR624mn in 2021, according to Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, who led a delegation at the ‘3rd Gulf-Jordanian Communication Forum’ held in Amman.
Tawteen and Microsoft have entered a strategic partnership to accelerate digital transformation in Qatar’s energy sector and achieve Tawteen’s objectives.
QIIB announced that Fitch Ratings has affirmed the bank’s Long-Term Issuer Default Rating (IDR) at ‘A-’ with a stable outlook, based on a number of positive indicators the bank’s financial position enjoy.
Liquidity on the Qatar Stock Exchange (QSE) is all set to improve drastically with the Qatar Investment Authority (QIA) allowing the QSE-licensed market makers to access some of its stock inventory.