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 […]
Qatar 2022 World Cup will be exceptional: FIFA chief
FIFA President Gianni Infantino said that the World Cup Qatar 2022 will be an exceptional edition, which will be held in eight world class stadiums close to one another. He added that this feature could allow fans to watch two or three matches a day. The FIFA chief also said he expects 1.5-2 million fans […]
The Pearl Island records entry of 90 million vehicles since 2016
United Development Company (UDC), the master developer of The Pearl and Gewan islands, announced that nearly 90 million vehicles entered The Pearl Island since 2016. According to 2021 figures, this constitutes an increase of 77 percent compared to vehicle influx in 2016, while UDC is expecting to receive a significant 19 million vehicles by […]
Infarm opening mega farm in Qatar next year, says CEO
Founder and CEO of Infarm company Erez Galonska revealed the intention to open a mega farm in Qatar next year with the aim to transform the country into an attractive agricultural destination and a food exporter. He added in a panel discussion entitled “Food Security in Peril” – within the activities of Qatar Economic Forum […]
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 […]
IPA Qatar signs investment deals with Green Boom, PwC
Investment Promotion Agency Qatar (IPA Qatar) announced the signing of two Memorandums of Understanding (MoUs) with international companies on the sidelines of the second edition of the Qatar Economic Forum powered by Bloomberg being held in Doha from June 20 to 22. The MoUs with Green Boom, a leading U.S. based manufacturer of bio-degradable absorbents; […]
Qatar will wait for right time to apply VAT: Minister of Finance
Qatar will wait for the right to apply value-added tax, Minister of Finance HE Ali bin Ahmed Al Kuwari said in an interview with Bloomberg Television on Wednesday at the Qatar Economic Forum in Doha. Qatar is one of only two Arab economies in the Gulf region without VAT. “We will look to the […]
QNB ranks third in Forbes’ top 100 listed firms in Middle East
The Qatar National Bank has been ranked third in the Forbes Middle East Top 100 Listed Companies for 2022 with $14 billion in sales and $59.1 billion in market capitalization, making it the only Qatari company to appear amongst the top 20. For the third consecutive year, the world’s largest oil and gas giant, Saudi […]
UDC nears full rental occupancy at The Pearl Island
United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, announced that it is approaching full occupancy of its 1123 residences at The Pearl Island, which are currently 93 percent occupied or reserved for upcoming lease. UDC’s residential leasing portfolio covers various units in Porto […]
Minister of finance meets with Czech counterpart
Minister of Finance HE Ali bin Ahmed Al Kuwari met with Finance Minister of Czech Republic Zbyněk Stanjura at the headquarters of the ministry in Doha on Monday. They discussed bilateral relations, aspects of cooperation, issues of common interest, important economic and investment developments, and ways to enhance them.