Qatar’s PPI rises 55.66% YoY, down 1.14% sequentially
The PPI in the State of Qatar for June 2022 increased 55.66 percent year-over-year but was down 1.14 percent sequentially, official data showed Friday.The Planning and Statistics Authority released today its monthly Producer Price Index (PPI) of the Industrial sector for June 2022. The four main components of the index are Mining (weight: 82.46 percent), […]
QAFCO wins Crystal Award for supporting Qatarization in energy sector
Under the patronage of Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Saad Sherida Al Kaabi, Qatar Fertiliser Company (QAFCO) has won the prestigious Crystal Award for Qatarization Support in the energy sector – under the companies’ category – at the Annual Qatarization Award 2022 ceremony, held on June 22. […]
Over 25,000 local transactions worth QR230 mn executed in 24 hours: QCB
The Qatar Central Bank (QCB) announced on Saturday that more than 25,000 local transactions worth over QR230 million were executed within the first 24 hours of the start of the money transfer service outside official working hours. QCB had earlier directed all banks to start implementing local transfer requests throughout the week, including the weekend. […]
Arab-German trade up 10% to 41.2 billion euros in 2021
The trade between Arab countries and Germany grew 10 percent in 2021 to 41.2 billion euros, with Arab exports accounting for 12.4 billion euros and German exports 28.8 billion euros, Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani has said in Berlin. Addressing the 25th Arab-German Economic Forum held between June 21 and […]
Qatari Islamic finance assets rise 20 percent to QR629 billion: Report
Islamic finance assets in Qatar grew at a rate of 20 percent in 2021 to reach QR629 billion ($172 billion), an annual report on Islamic finance in Qatar has revealed. Islamic banks accounted for 87 percent of these assets, it added. Islamic Sukuk accounted for 11.6 percent and Takaful insurance companies 0.8 percent. The […]
Qatari women getting active in financial and business sectors
The number of Qatari women who partially or fully own companies registered with the Qatar Chamber is around 7,000, according to QC data that shows that Qatari women’s participation in the financial and business sectors has risen at an accelerated pace in the past few years. While an additional 4,900 manage the companies along with […]
Group ONE Holdings, Media City Qatar ink pact for long-term global partnership
Group ONE Holdings (ONE) and Media City Qatar have signed a Memorandum of Understanding (MoU) to develop a strategic long-term partnership, collaborating in the production and development of a wide range of global content in Qatar across multiple media sectors, including original programming, studio shows, and e-sports, that will strengthen Qatar’s growing media ecosystem. […]
PM visits Cityscape Qatar 2022 exhibition
Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani visited the 10th edition of the Cityscape Qatar 2022 exhibition held at the Doha Exhibition and Convention Center on Wednesday. During his visit to various sections of the exhibition, the Prime Minister and Minister of Interior was briefed on the […]
Qatar 2022 FIFA World Cup infra is ready: Al Thawadi
Supreme Committee for Delivery and Legacy (SC) Secretary-General Hassan Al Thawadi has affirmed the readiness of the infrastructure for the FIFA World Cup Qatar 2022. He said the work is underway to implement the rest of the projects related to some roads that witnessed delays in implementation as a result of the circumstances that […]
MCIT and IPA Qatar sign MoU with Amazon Web Services
The Ministry of Communications and Information Technology (MCIT) and the Investment Promotion Agency (IPA) Qatar signed a memorandum of understanding (MoU) on Wednesday with Amazon Web Services, a world leader in cloud computing services, on the sidelines of the Qatar Economic Forum 2022, Powered by Bloomberg held in Doha. The MoU was signed by MCIT’s […]