business news Archives

2 min

Qatar records another budget surplus in Q2 despite spike in spending

It is a decrease from the record-breaking 5.47 billion surplus recorded last quarter. Qatar recorded a surplus of $2.74 billion or (10 billion riyals) for its second quarter, the Finance…

2 min

beIN to take legal action after CAF terminates $415 million contract

The move by CAF to terminate its $415 million broadcast contract has left the organisation without a principal broadcaster just four months before its premier men’s event, the African Cup…

1 min

Chairman of UCC Holding named one of most influential faces in construction industry

Under Moutaz Al-Khayyat’s leadership, UCC Holding continues to shape the future of construction with its contributions to the industry. Moutaz Al-Khayyat, Chairman of UCC Holding, has made a significant impact…

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…

4 min

How Qatar-based ‘This Mama Invests’ is enriching women with financial literacy

For Malu Marsault, the instability of life during the pandemic coupled with the anxieties of a growing family inspired her to take charge of her financial trajectory. Qatar-based resident Malu…

2 min

Qatar’s Baladna milks more shares from Egypt dairy company Juhayna

Baladna has grown its stake in the company over the course of nearly two years. Leading Qatari dairy company Baladna bought another tranche of shares in Egypt’s Juhayna Food Industries, the company…

2 min

Business

How Qatar’s new ‘single-window platform’ can make it easier for businesses to launch

The new set of services will benefit newly established companies. Qatar’s commerce ministry has launched new services that are designed to streamline company registration and broaden the range of services…

3 min

Marc Chaya: The mind behind perfume powerhouse Maison Francis Kurkdjian

From a child dreaming of design in Beirut to the CEO of a luxury fragrance house, this is the story of Marc Chaya. In the heart of Paris, a revolution…

2 min

QatarEnergy awards $10bn EPC contract for North Field South Project

The project will propel Qatar’s LNG production capacity from the current 77 MTPA to an impressive 126 MTPA. QatarEnergy has unveiled the recipient of the engineering, procurement, and construction (EPC)…

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