Latest News for: Qatar economy

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A luxury Middle Eastern wellness retreat to reinvigorate

The Times/The Sunday Times 01 Oct 2023
I didn’t expect to see flamingos even though Qatar is bordered by water on three sides ... Qatar offers year-round sunshine and is a seven-hour flight from Dublin ... ● Qatar Airways has economy class flights for €1,047 return, and business class flights for €4,657 return, but note the prices are subject to changeAdvertisement.
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DroneAcharya wins $1.26 million contract in Qatar for drone sales, service and software development for oil & gas sector

Financial Express 29 Sep 2023
The order has been placed by Triconix Industrial Solutions QFZ LLC, a certified IMS (Integrated Management System) company, based in Qatar, for an end user in the Oil and Gas sector ... Qatar’s Oil and Gas sector has long been a cornerstone of its economy, contributing significantly to the nation’s prosperity.
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UAE and Egypt sign currency swap deal

Gulf Daily News 29 Sep 2023
Egypt has been suffering from a hard currency crunch with the Egyptian pound falling by about half against the dollar since March 2022 after the Ukraine crisis exposed its economy’s vulnerabilities.
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New Qantas boss Vanessa Hudson is brutally cut down by a senator over 'Yes' logos ...

The Daily Mail 27 Sep 2023
He also said the current way Australia negotiated bilateral air service arrangements was 'holding the economy back'. 'We need a bilateral aviation agreement that sets those arrangements to suit the Australian travelling public and the Australian economy, and it doesn't really matter what the other side does.'Virgin boss's bombshell Qatar claim.
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QSTP-FUNDED STARTUP LAUNCHES UNIQUE WEB-BASED TRAVEL BOOKING MANAGEMENT SYSTEM

MENA FN 27 Sep 2023
(MENAFN - PR Newswire) ViaVii Plus, supported by QSTP's Tech Venture Fund, Promotes Creator Economy for Tour Guides and Experience-Creators in MENA RegionDOHA, Qatar, Sept. 27, 2023 /PRNewswire/ -- ... .
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Gulf residents can soon travel to GCC countries on single visa

The Siasat Daily 27 Sep 2023
The GCC comprises six member states—Saudi Arabia, Bahrain, Oman, Kuwait, Qatar, and the United Arab Emirates (UAE). The disclosure was made by the UAE’s Minister of Economy Abdulla bin Touq at the ongoing Future Hospitality Summit in Abu Dhabi on Tuesday, September 26 ...
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Gaza riots are part of Hamas’s cynical extortion racket

Cleveland Jewish News 24 Sep 2023
Since the end of the IDF’s “Operation Guardian of the Walls” in 2021, Gaza’s economy has overall seen improvements, with increasing numbers of Gazans working in Israel, rising exports, goods flowing in and Qatar providing monthly funding to the tune of $30 million.
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Worldwide Debt Levels Set To Pose Long-Term Risks For Global Growth

MENA FN 24 Sep 2023
(MENAFN - The Peninsula) The Peninsula Doha, Qatar. The COVID-19 pandemic represented a negative shock of unprecedented magnitude to the global economy, causing the sharpest contraction in ... .
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Most Gulf markets in red ahead of Fed's decision

Reuters 20 Sep 2023
The U.S ... dollar ... In Qatar, the index (.QSI) fell 0.2%, hit by a 0.7% drop in Qatar Islamic Bank (QISB.QA). Oil prices, which fuel the Gulf's economy, fell ahead of the Federal Reserve's interest rate decision, with investors uncertain when peak rates will be hit and how much of an impact it will have on energy demand ... ($1 = 3.7512 riyals).
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Five Americans freed by Iran in Qatar-mediated deal arrive in US

Al Jazeera 19 Sep 2023
Five US citizens freed by Iran in a high-profile prisoner swap mediated by Qatar have landed back in the United States to a joyous reunion with family members ... Meanwhile, two of the five Iranians imprisoned by the US arrived in Iran after travelling via Qatar, according to Iranian media.
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US-Iran prisoner swap live: Exchange under way after $6bn transfer

Al Jazeera 18 Sep 2023
There has been no indication the prisoner deal would spur movement on restoring the 2015 Iran nuclear accord, which saw Tehran scale back its nuclear programme in exchange for a lifting of international sanctions against its economy ... Prisoners are expected to arrive in Qatar shortly ... Qatar plays leading role in securing ‘shuttle diplomacy’ deal.
photo: AP / John Moore
Khaled al Otaiby, an official of the Saudi oil company Aramco watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia, on Feb. 26, 1997. Energy is the big strand in a web of U.S.-Saudi economic ties that has grown in the six years since an American-led army rolled back Iraqi aggression in the Persian Gulf. (AP Photo/John Moore)hg3
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Most Gulf bourses rise on stronger oil prices

Reuters 18 Sep 2023
Sept 18 (Reuters) - Most stock markets in the Gulf rose in early trade on Monday, tracking gains in oil prices and buoyed by optimism that the Chinese economy is finally turning a corner ... In Qatar, the benchmark stock index (.QSI) rose 0.3%, with Mesaieed Petrochemical Holding(MPHC.QA) surging 5% and Qatar Navigation (QNNC.QA) gaining 1%.
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Russia-US trade plunges to new low

Russia Today 18 Sep 2023
Despite the overall decline, American purchases of nuclear fuel, fertilizers, and platinum group metals have remained strong ... Canada topped the list with $2.8 billion, while Saudi Arabia, Israel, and Qatar made up the other top five largest suppliers. For more stories on economy & finance visit RT's business section. .
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The most powerful countries in the world in 2023, ranked

Business Insider 16 Sep 2023
QatarDoha, Qatar ... US News said Qatar is one of the world's wealthiest countries, thanks to its oil and natural gas reserves ... The report noted that manufacturing, construction, and financial services account for slightly more than half of the country's GDP, which has helped the economy weather the global decrease in oil prices.

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