Singapore, 02 Oct 2022 (QFC) Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC) and Enterprise Singapore (a Singapore Government agency) have signed a Memorandum of Understanding (MoU) to promote investment opportunities between the two economies. The MoU is the QFC’s first agreement with a Singaporean organisation, enhancing...

Doha, 26 Sept. 2022 Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President and CEO of QatarEnergy, warned that geopolitical and economic volatility in a post-COVID era are holding any progress we had hoped to achieve in the battle against climate change, and are even forcing us to take many steps backwards. Speaking at...

Doha. 22 Sept. 2022 (QT) By Ashraf Siddiqui BMC is Turkey’s largest manufacturer of commercial and military vehicles and since its establishment in 1964 it has manufactured more than 300.000 vehicles to date, Murat Yalcintas, Chief Executive Officer of BMC, told the media team from Qatar during their recent visit to BMC Offices at the...

Doha, 22 September 2022 (QT) By Ashraf Siddiqui A group of Doha based journalists recently visited Turkey and met with a number of leaders from various sectors including business, investment, finance,  industry, real estate, science and research, construction, media, as well as aviation leaders and experts. The visit was organised by the embassy of the...

Doha, 24 Sept. 2022 (QE) QatarEnergy announced that it has selected TotalEnergies as the first international partner in the North Field South (NFS) expansion project. The NFS project, which comprises 2 LNG mega trains with a combined capacity of 16 million tons per annum (MTPA), will raise Qatar’s total LNG export capacity to 126 MTPA....

Doha, 31 August 2022 Microsoft announced this evening launch of its new datacenter region in Qatar, marking a major milestone for Microsoft as the first hyperscale cloud provider to deliver enterprise-grade services in the country. The new world-class datacenters are open for business with Microsoft Azure and Microsoft 365 available today. Launched by Mohammed bin...

Doha, 31 August 2022 QatarEnergy’s affiliates, QatarEnergy Renewable Solutions and Qatar Fertiliser Company (QAFCO)signed agreements today for the construction of the Ammonia-7 Project, the industry’s first world-scale and largest Blue Ammonia project. QatarEnergy Renewable Solutions (owned 100% by QatarEnergy) and QAFCO (owned 100% by QatarEnergy’s subsidiary, Industries Qatar which is listed on the Qatar Stock...

Washington DC, 29 Aug. 2022 (IMF) The Executive Board of the International Monetary Fund (IMF) completed today the combined seventh and eighth reviews of the Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan. The Board’s decision allows for an immediate disbursement of SDR 894 million (about US$1.1 billion), bringing total purchases for budget...

Doha, 24 Aug. 2022 Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs met visiting Turkish Minister of Energy and Natural Resources, Fatih Donmez on Wednesday in Doha. Both sides discussed developments in the field of renewable energy and hydrocarbon exploration. Donmez was accompanied during the meeting by Ankara’s ambassador to Doha, Mehmet...

19 Aug. 2022, Daily Observer (Oman) By Sudeep Sonawane Is the world’s energy crisis tottering towards a bad-to-worse position? Oil market experts say this based on recent data. They point to the exodus of investors and hedge fund managers from crude oil markets over the last few months. Oil price volatility petrifies investors, even speculators...