Asia named top destination for Qatari exports in 2021
Qatar’s total LNG exports reached $11.9 billion in April 2022, up from $5.8 billion in April 2021. Qatar sent the majority of its LNG to China, followed by India and…
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World’s wealthiest families eye GCC investments: expert
In family offices from the Middle East and Africa, the US accounts for 37% of assets, while the Middle East accounts for 26%. Over the coming ten years, ultra-high net…
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Investors eye Qatar’s growing digital sector: QFC
Qatar’s government is actively funding a number of programmes aimed at turning the country into a digital hub. Investor trust in Qatar’s thriving digital sector has been revealed by the Qatar…
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Qatar’s economy sees 2.5% growth in first quarter
In 2022, the Middle East and North Africa (MENA) region’s output is projected to increase by 5.3%. Qatar’s GDP expanded by 2.5% in the first quarter of this year compared to…
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Qatar’s stock index hit by 0.6% drop
Qatar has recently announced that it will invest £10 billion in the UK economy as part of a strategic investment agreement signed in London between the two countries. The Qatari index…
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South Korea and Qatar’s trade exceeds $10bn
Relations between Qatar and Korea have been steadily improving since their establishment in 1974. The amount of trade between Qatar and South Korea exceeded $10 billion in 2021. In an…
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Qatar, Egypt eye investment, financial cooperation post-blockade
Currently, there are industrial partnerships between 4,500 Egyptian and Qatari companies. Doha and Cairo are set to expand financial and economic cooperation, after a Memorandum of Understanding (MoU) was signed…
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Qatar and other central banks in GCC raise interest rates
Qatar’s inflation rate has risen sharply in recent years, owing to the challenges posed by the ongoing global Covid-19 pandemic. The Central Bank of Qatar (QCB) said that its deposit and…
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Snoonu launches ‘Chill Spots’ to protect riders during summer heat
Snoonu’s latest initiative will enable all delivery bike, whether Snoonu riders or not, to rest and cool down between deliveries. Qatar’s leading tech start-up has launched Snoonu-branded “Chill Spots” around…
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