Economy

Qatar: Transport Master Plan 2050 Launched

24/06/2022

Doha, 23 June 2022 Jassim Saif Ahmed al-Sulaiti, Minister of Transport, State of Qatar has said that Transportation Master Plan (TMPQ) for Qatar 2050 is expected to have significant economic returns of around QR 300 bn while bringing down the fuel consumption and carbon emission, and enhancing traffic safety and security. Talking to media on the...

Qatar Airways Group Post Record Profit of US$ 1.54 Billion FY 2021-2022

16/06/2022

Doha, 16 June 2022 Qatar Airways Group celebrates its milestone 25th Anniversary year of operation with its strongest financial performance reflected in its published annual report for 2021/22, 200 per cent above its highest annual historical profit. Qatar Airways Group reported a record net profit of QAR 5.6 billion (US$ 1.54 billion) during the fiscal year...

QNB First Bank in Qatar to Launch Open Banking Platform for Clients and FinTechs

16/06/2022

Doha, 16 June 2022 Qatar National Bank (QNB) has announced launching of Open Banking platform for a wider audience including the Bank’s customers, partners and emerging FinTechs in Qatar. QNB is the first bank in Qatar and one of the first in the region for launching Open Banking services. With this enhanced API infrastructure, the...

Qatar: QNB Signs Agreement with Qatar Rail to Promote It's Brand Through Doha Metro

12/06/2022

Doha, 9 June 2022 QNB Group has signed a cooperation agreement with Qatar Railways Company (Qatar Rail),which will enable the bank to promote its brand on Doha Metro’s trains and in 3 metro network stations. The stations, namely Hamad International Airport, the Corniche and QNB Lusail, will be branded in preparation for the FIFA World...

Qatar: Al Kaabi Meets Pakistani Delegation

10/06/2022

Doha, 10 June 2022 Saad Sherida Al-Kaabi, Minister of State for Energy Affairs of State of Qatar, met in Doha today with Khawaja Muhammad Asif, Federal Defense Minister and the Special Envoy of the Prime Minister of the Islamic Republic of Pakistan, and Musadik Masood Malik, Pakistan’s Minister of State for Petroleum. Both sides discussed...

QatarEnergy Awards CCC Early Site Works Contract for Ras Laffan Petrochemicals Project

08/06/2022

Doha, 08 June 2022 QatarEnergy and Chevron Phillips Chemical Company (CPChem) have announced awarding the early site works contract for the Ras Laffan Petrochemical Project (RLPP), marking the commencement of execution of the RLPP. Consolidated Contractors Company (CCC) has been selected as the contractor to undertake this work and was awarded a lump-sum contract to...

Grand Hypermarkets Open 6th Store in Doha Mekaines Area

26/05/2022

Doha, 27 May 2022 Grand Hypermarkets group opened recently it's 6th store in Mekaines area, Salwa Road, Qatar and 80th Worldwide. Present on the occasion were Mohammed Hassan Al Obaidly, Assistant Under Secretary, Ministry of Labour; Shamsudheen Bin Mohideen, Chairman Grand Hypermarkets; Dr. Anvar Ameen Chelat, Managing Director; Aboobacker-Director, Rashid Aslam, Executive Director, NV Muhammed...

Pakistan-IMF Talks Take Off In Doha

18/05/2022

Doha, 18 May 2022 Bilateral talks between Pakistan and IMF delegates took off this morning at the Hotel Hilton Doha. Closed doors meeting physically is attended by total six members of delegates from both sides and is learned that Pakistani Minister Miftah Ismail has joined online from Pakistan. Both sides will have policy level discussions...

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