business Archives

4 min

BREAKING: Qatar Airways CEO Akbar Al Baker resigns after 27-year tenure

Under Al Baker, Qatar Airways transformed from a small company with a fleet of four aircrafts to one of the aviation industry’s leading names. Akbar Al Baker has stepped down…

2 min

News

China seeks Qatari investments for major projects in Guangdong province amid growing bilateral ties

China aims to attract Qatari investments for significant projects in Guangdong Province, bolstering their status as key trading partners and discussing four major initiatives during a recent economic event in…

2 min

Qatar’s Estithmar establishes subsidiary in Jordan as part of regional expansion

Estithmar has ramped up its investments in multiple projects across the region in recent months. Estithmar Holding’s subsidiary “Elegancia facilities management” established the ‘Mina Facilities Management’ company in Jordan on…

2 min

Anticipation builds as Qatar Economic Forum announces date for 2024 event

The last QEF took place between 23-25 May at the Fairmont and Raffles Hotels in Lusail and was attended by nine heads of states. The Qatar Economic Forum (QEF) is…

2 min

Qatar Post takes 40% stake in Turkish e-commerce platform

Turkish Souq was established in 2018 out of a partnership between the Turkish postal service PTT and Qatar Post. Qatar Postal has secured a 40% stake in prominent Turkish e-commerce…

2 min

Business

FocusEconomics forecasts Qatar’s GDP per capita to hit $112,353 by 2027

The new report predicts steady GDP Growth, low unemployment, and increased trade balance projected for Qatar despite challenges. According to the latest data from FocusEconomics, a prominent market research firm,…

3 min

Qatar’s hotel rooms set to top 40,000 by end of year

The Gulf state witnessed an impressive growth in its hotel sector with over 8,000 new rooms in 18 months. Qatar’s hotel industry is witnessing an unprecedented capacity surge, with an…

2 min

Qatar real estate revenue exceeds QAR 450 million in single week

The Gulf state’s real estate market for Q1 of 2023 was found to show a period of subtle market correction. Qatar’s real estate trading volume hit QAR 453,314,728 (around $125…

2 min

Here’s how Qatar’s new AI-powered digital contact centre platform will help businesses

The two tech giants have signed an MoU to provide state-of-the-art AI solutions for modernising contact centres across Qatar. Organisations across Qatar seeking to modernise their contact centre operations can…

business