Business Archives

3 min

Qatar to withstand potential recessions in the west, US official says

Last year, Qatar’s GDP saw a 4.3% growth in the third quarter in comparison to a 6.3% spike in the previous three-month period. Qatar’s economy will “withstand any expected recession…

3 min

Concerns grow over Lebanon’s ‘slow reform’ ahead of Paris meeting

Seeking to break Lebanon’s deadlock, France confirmed that it is hosting a meeting on Monday over the country’s socio-economic situation. French diplomat Pierre Duquesne expressed his concern over Lebanon’s “slow”…

2 min

Swiss court launches criminal proceedings in Credit Suisse’s ‘dirty money’ data leak

Some of the accounts included one belonging to a Yemeni spy chief implicated in torture, a Serbian drug lord, and the sons of ousted Egyptian president Hosni Mubarak. Swiss federal…

4 min

QatarEnergy joins Lebanon offshore exploration group

The development comes following a Washington mediation in the years-long maritime dispute between Beirut and Tel Aviv. QatarEnergy joined a tripartite oil and gas exploration consortium on Sunday in two…

3 min

Affordable restaurants, more events: Here’s how residents want to revive Lusail Boulevard

The Lusail Boulevard was among the most popular spots in Qatar for the World Cup, with thousands fans visiting on a daily basis. Residents across Qatar have suggested ways to…

2 min

Qatar to witness major loss following UBS deal with Credit Suisse

QIA began investing in Credit Suisse during the 2007-2008 global financial crisis. Qatar and Saudi Arabia stand to lose a significant amount from their Credit Suisse investments, following reports on…

1 min

Indonesia’s Garuda eyes partnership with top Middle East airlines including Qatar Airways

The Indonesian carrier is seeking a partner in order to boost its expertise and overall network. Qatar Airways is among three Middle Eastern airlines currently locked in talks with Garuda…

3 min

Qatar, Nigeria should take advantage of gap in EU gas market, expert says

Qatar has benefited from rising oil and gas prices brought on by the Covid-19 pandemic and Russia’s invasion of Ukraine. Qatar and Nigeria should take advantage of the gap left…

3 min

101% surge in passengers at Qatar’s Hamad International Airport in 2022

The country welcomed 244,261 visitors from the GCC in December 2022, an annual increase of 447.5%. With a year-over-year increase of 101% and the arrival of more than 35 million passengers,…

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