Economy

Qatar Interested in Eastern Mediterranean Oil Exploration, Says Lebanon

16/10/2022

Beirut, 14 Oct 2022 (Anadolu) Qatar is interested in joining French firm TotalEnergies and Italy’s Eni in exploring for oil in two areas in Lebanese waters, the Lebanese energy minister said on Friday. Qatar wants to join the consortium to explore for oil in blocks 4 and 9 in the Eastern Mediterranean, Walid Fayad said...

QatarEnergy to Become 100% Owner of Siraj Energy

13/10/2022

Doha, 13 Oct. 2022 QatarEnergy announced the signing of a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s49% interest in Siraj Energy, which will result in Siraj Energy becoming a wholly owned affiliate of QatarEnergy, subject to customary approvals. Commenting on concluding the agreement, Saad Sherida Al-Kaabi, the...

Qatari-Indonesian Business Forum Reviews Expanding Partnerships

10/10/2022

Doha, 10 Oct 2022 Mohamed bin Twar Al-Kuwari, First Vice-Chairman, Qatar Chamber of Commerce praised bilateral close relations between Qatar and Indonesia at all levels. He stressed on the need of further enhancing economic and commercial ties, facilitate the establishment of joint investments, and offer more investment incentives for the benefit of the two countries'...

Qatar: Three More Partners To Join NF South Development Project, AlKaabi

08/10/2022

Doha, 06 Oct 2022 Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President and CEO of QatarEnergy, revealed that three new partners will be entering the North Field South (NFS) project in addition to the partner recently announced, adding that they will be announced in due course. He made the remarks during the Energy...

QFC-Enterprise Singapore To Promote Mutual Investment Opportunities; Bilateral Trade surpasses US$ 5.87 Billion

03/10/2022

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...

Qatar: Geopolitical and Economic Volatility are Holding Progress, Forcing Us to Take Many Steps Backwards, Al Kaabi

26/09/2022

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...

Qatar and Turkey Moving Fast Forward With Stronger Trade Ties

26/09/2022

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...

Turkish Business Community Leaders Foresee Promising, Stronger Bilateral Trade and Investment Ties With Qatar

24/09/2022

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...

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