Monday , January 25 2021
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QNB’s brand value rises nearly 20% year-on-year to $6.03 billion in 2020

QNB’s brand value has risen nearly 20% year-on-year to $6.03bn in 2020, putting it in a strong position to continue to drive growth in Southeast Asia. QNB’s brand strength index (BSI) also increased to 82 out of 100, up from 79 in 2019, aided by strong financial performance and growing international footprint. “This year’s impressive improvement in brand value and ... Read More »

Institute of Internal Auditors hold workshop on ‘systems thinking’

The Institute of the Internal Auditors (IIA), Doha Chapter, conducted a workshop on “Systems thinking: The power of data-driven organisation” at Hotel Oryx Rotana Doha recently. Systems thinking is a holistic approach to analysis that focuses on the way that a system’s constituent parts interrelate and how systems work overtime and within the context of larger systems. Dr Hisham Abu-Naba’a, ... Read More »

Qatar-Turkey trade reaches QR5.69bn during first nine months of 2019

The Qatar-Turkey bilateral economic cooperation is expected to continue maintaining robust growth in 2020 and beyond. Bilateral trade volume between the two friendly countries during first nine months of 2019 reached QR5.69bn. The trade exchange between Qatar and Turkey witnessed remarkable jump of 85 percent from QR4.88bn ($1.34bn) in 2017 to QR8.74bn ($2.4bn) in 2018, according to data provided by ... Read More »

Nine Qatari projects nominated for information society summit prizes

Nine Qatari projects have been nominated to the third phase of the ninth edition of the World Summit on Information Society Prizes 2020 (WSIS2020), sponsored by the International Telecommunication Union (ITU), the Ministry of Transport and Communications (MoTC) announced yesterday. The nine Qatari projects are “SafeSpace” under “C5: Building confidence and security in the use of ICTs”, “Open Data” portal ... Read More »

Qatar Airways celebrates anniversary of flights to Gothenburg

Doha: Qatar Airways celebrated its first anniversary of launching direct flights from Doha to Gothenburg, marking the airline’s second gateway into Sweden after the capital, Stockholm. Qatar Airways’ first flight to Gothenburg arrived on December 12 last year, and since that date, the national carrier has been operating a daily trip to the city on a Boeing 787-8 Dreamliner, which ... Read More »

Qatar-Malaysian Joint Business Council formed

DOHA: Qatar Chamber (QC) yesterday announced the establishment of a Qatar-Malaysian Joint Business Council. This was revealed during a meeting of the Qatari side headed by Qatar Chamber Board Member Dr Mohamed Jawhar Al Mohamed in the presence of 20 Qatari businessmen who represented the Qatari side in the newly-established council. The Qatari side held a coordinative meeting at the ... Read More »

Qatar and Russia to boost economic, trade cooperation

DOHA: H E Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry has stressed the need for expanding the Qatar-Russia joint partnerships to wider areas of public and private sectors to further stimulate bilateral trade and investments. Co-chairing the Fourth Session of Russian-Qatari Joint Committee for Economic, Trade and Technical Cooperation held in Moscow, Russia, with Alexander Novak, Minister ... Read More »

Qatari startup raises QR9m Series A funding

Qatar-based Meddy, a doctor booking platform, has raised QR 9 Million in a Series A round to scale up its operations and expand into other GCC countries. The Series A funding round was led by New York-based Modus Capital, along with participation from 212 Capital, Qatar Science & Technology Park (QSTP), Kasamar Holdings, Dharmendra Ghai (Health Tech Angel), Innoway and ... Read More »

Qatar Airways to launch direct flights to Botswana

Qatar Airways (QA) will launch its inaugural flight to Gaborone, the capital city of Botswana on December 15, making it the first Middle Eastern airline to fly directly into the country, a QA official announced yesterday. “The launch of this new route will further strengthen the ties between Qatar and Botswana, building on an already existing and flourishing relationship between ... Read More »

Qatar-Pakistan trade gains momentum

DOHA: H E Ali bin Ahmed Al-Kuwari, Minister of Commerce and Industry, and Omar Ayub Khan, Pakistan’s Federal Minister for Power, Petroleum and Natural Resources, chaired the fifth session of the Qatari-Pakistani Joint Ministerial Committee for Trade and Technical Cooperation, which was held in Doha on November 4-5. Discussions touched on the promotion of bilateral cooperation across various sectors of ... Read More »

Qatar-Italy trade up 16%: QC Chairman

Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani said Qatar and Italy enjoy strong relations covering most aspects of bilateral cooperation and noted that their trade volume touched €2.8bn last year, registering a jump of 16 percent compared to €2.4bn for 2017. Speaking on the sidelines of the Arab-Italian Business Forum held in Milan with strategic partnership with Qatar ... Read More »

Qatar Airways touches down in Langkawi

LANGKAWI: Qatar Airways’ maiden flight to Langkawi from Doha has today arrived at the Langkawi International Airport at 4.20pm. Operated by Qatar Airways’ Boeing 787-8 Dreamliner, the flight arrival was greeted by the Qatari ambassador to Malaysia Fahad Mohammed Kafoud, Malaysia Airports Holdings Bhd (MAHB) chief operating officer Datuk Mohd Shukrie Mohd Salleh, Langkawi Development Authority chief executive officer Dr. ... Read More »

QNB outperforms global peers in ESG ranking

QNB, the largest financial institution in the Middle East and Africa, has emerged numero uno in the MSCI ESG ranking, out performing the world’s top 10 Big Banks. The global index provider MSCI’s ESG rating history of QNB shows that the bank’s rating grew steadily from “BB” in October 2015 to “BBB” through September 2016 and September 2018 hitting the ... Read More »

Guyana signs agreement with Qatar Airways

GEORGETOWN: The governments of Guyana and Qatar have signed an agreement that will see Qatar Airways beginning passenger and cargo flights to Guyana. The agreement was recently signed in Qatar, between the Qatar Civil Aviation Authority and the Guyana Civil Aviation Authority. According to a statement, the agreement will permit Qatar’s national carrier Qatar Airways to operate any number of ... Read More »

Qatari investors invited to explore opportunities in Somalia

Doha: Qatar Chamber’s First Vice-Chairman, Mohamed bin Ahmed bin Towar Al Kuwari, met with Sadik Hiris Warfa, Somalia’s Minister of Labour and Social Affairs, yesterday and discussed ways to enhance bilateral co-operation between both countries. The Ambassador of Somalia to Qatar, Adbul Razzaq Farah Ali, attended the meeting. Bin Towar stressed that Qatari private sector highly welcomes enhancing cooperation with ... Read More »

Qatar Airways’ fleet grew 57% since 2014-15

Qatar Airways’ fleet size has grown by 57 percent, driven by its aggressive global expansion plan. Its fleet has grown from 159 aircraft in 2014-15 to 250 aircraft as of March 21 this year. It has been a tremendous journey for Qatar Airways Group, which had just four aircraft 20 years ago. Its fleet is made up of 203 passenger ... Read More »

Qatar Airways wins global awards for good customer service

Qatar Airways last Tuesday won major global awards at the 2020 Airline Passenger Experience Association’s (APEX) Passenger Choice Awards in Los Angeles. The airline won three awards for Best Seat Comfort, Best Cabin Service and Best Food & Beverage and was also named ‘2020 Five Star Global Airline’ in the APEX Official Airline Ratings. The Middle East country received thumbs ... Read More »

QCB’s total assets grow by 23.7% to QR233bn

The Qatar Central Bank’s (QCB) total assets increased by a significant 23.7 percent to QR233bn at the end of 2018, compared with QR188.4bn in 2017. The year 2018 witnessed considerable shifts in the composition. There was large accumulation of net foreign assets as capital flows normalized during 2018. A major portion of these net foreign assets was developed in the ... Read More »

Qatar Chamber Chairman, Germany’s Deputy Minister of Economy review bilateral trade ties

DOHA: Germany’s Member of Ministries Council and Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy Thomas Bareiss met with Qatar Chamber’s Chairman Sheikh Khalifa bin Jassim Al Thani in Berlin. The meeting reviewed ways of developing cooperation relations between both friendly countries, exploring investment opportunities available in both sides as well as activating private sectors to ... Read More »

Qatar economic growth to accelerate in 2019-2020: QCB

Qatar’s economic growth will accelerate over the next two years amid expectations of stable oil prices and continued strong exports, the central bank said. Qatar, a major gas exporter, saw its economy grow 1.4% in 2018, down from 1.6% in 2017, government data showed. “Although real GDP growth was somewhat slower than the preceding year, the economic outlook for 2019 ... Read More »