Economy

Analysis : Is The Global Energy Crisis In A Tailspin

19/08/2022

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...

GECF Participates In 43rd International Association for Energy Economics Conference

09/08/2022

Tokyo, 04 August 2022 The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries recently participated in the annual International Association for Energy Economics (IAEE) Conference, which brought together energy economists, policymakers, and business executives from across the world. 2022 IAEE conference was organized by Institute of Energy Economics, Japan...

Qatar : Busan is Well-Placed to Host World Expo 2030, Says Envoy

11/07/2022

Doha, 07 July 2022 (QT) By Ashraf Siddiqui As a well-developed and well experienced city, Busan is well placed to host World Expo 2030 and the Republic of Korea is keen and anxious to organise the event there, the country’s ambassador to Qatar Lee Joon-Ho, has said. The more than 1,500 year-old port city of...

QatarEnergy and Shell Sign Agreement, Concludes Partnerships In NFE Expansion Project

05/07/2022

Doha, 05 July 2022 QatarEnergy announced the selection of Shell plc. as partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry. The partnership agreement was signed today in a ceremony at QatarEnergy’s headquarters in Doha, by Saad Sherida Al-Kaabi, Minister of State for Energy...

G7 Summit: Leaders Pledge To Raise $600bn Plan to Rival China's Belt and Road Initiative

26/06/2022

Schloss Elmau, Germany G7 leaders have pledged to raise US$ 600 billion under The Partnership for Global Infrastructure and Investment (PGII) to counter China's ambitious Belt and Road Initiative of 2013. The infrastructure plan was first unveiled at the 2021 G7 summit in Britain. Called the Build Back Better World at the time, the US-driven...

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...

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