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Oil exporters bagging $818bn windfall are cautioned by IMF

The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total

Qatar brings global photography app Explorest to the Middle East

Mannai surges after plan to sell Inetum at $2bn valuation

The shares jumped 10 per cent in Doha to the highest level since 2016, taking their gains this year to 114 per cent

Doha world cup qatar

Hayya Card mandatory for all visitors to Qatar during the 2022 FIFA World Cup

At the moment, the card is only being issued to those who have a ticket for the tournament

Joe & The Juice enters Middle East market ahead of IPO, CEO says

The Copenhagen-based chain will open its first stores in Qatar and Dubai next quarter before setting up shop in Saudi Arabia, Kuwait, Bahrain and Oman by the end of the year

German auto giant Volkswagen inaugurates regional HQ in Doha

The newly-established Volkswagen Group Middle-East Group will lead and support the company’s activities in all markets in the region

Qatar airways

Qatar Airways to resume flights to London Gatwick in June

The airline will operate a daily service from Gatwick to Doha using its Boeing 787 Dreamliner

Dar Al Arkan Elie Saab

Dar Al Arkan teams up with Elie Saab for new residential project in Qatar

Les Vagues will feature 70 one-, two- and three-bedroom sea-front residences

Uber’s Careem is latest investor in Egyptian food delivery scene

Egypt’s food delivery market is worth an estimated $2.8bn

Tourism airport

Special report: The power of the GCC as a source market for global tourism

The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?

Special report: How the GCC is poised to develop as a major destination market for global tourism

The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades

Qatar

Qatar updates Covid-19 PCR testing rules for inbound citizens and residents

Vaccinated citizens and residents are not required to conduct a pre-departure PCR test before travelling to Qatar, provided that the country they are departing from is not on the red list

Air pollution costs wider Mideast $141bn, World Bank says

The findings will likely add to growing interest in green and sustainability-linked bonds and loans in the region

Qatar considers refinancing $10bn debt due next year

No final decision has been made

HSBC reclaims bond crown in Mideast

Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year

Kitopi launches its first kitchens in Bahrain and Qatar

The company, which turns four this month, will set up operations in Malaysia and Singapore next

Mideast’s biggest bank raised provisions and remains on alert

Qatar National Bank’s 2021 net income rose to QR13.2bn from QR12bn a year ago

Qatar Airways moves financial planning to Oracle cloud

Oracle Cloud EPM enables Qatar Airways to better connect financial data across HR, finance and enhance the company’s business modelling and planning

Rolls-Royce to get Qatari funding for small nuclear reactors

Qatar will invest $112m in Rolls-Royce SMR, the separate unit created for the project

Urban farming startup Infarm gets funding from Qatar wealth fund

The investment will be used to expand to more fruits and vegetables and open its first centre in Qatar in 2023

Qatar’s record bet on London homes sees $900m of sales

With construction complete on roughly 80 luxury homes at Chelsea Barracks, 92 per cent of the finished properties have found owners

Saudi Crown Prince arrives in Qatar after completing UAE trip

The visit marks the first by the Saudi leader since the GCC rift with Qatar was ended in January this year

Qatar Doha

Qatar adds UAE, UK to travel red list

Effective Monday, November 15, there are 21 countries on Qatar’s red list

Qatar orders six gas ships from South Korea to boost exports

LNG is seen as an important substitute for fuels such as oil and coal

Qatar to invest billions in UK green technology site

The country is planning to build a science and engineering campus in the north of England

Saudi’s Dar Al Arkan and Katara Hospitality join hands to develop sea-front project in Qatar

The project marks Dar Al Arkan’s first entry into Qatar with the aim of driving the development of the luxury property market

Qatar says rejoining OPEC would not fit with its strategy

Qatar decided to leave the cartel in late 2018

Formula 1 heads to Qatar in latest win for 2022 World Cup host

The tournament will help boost the tourism sector

Qatar to hold its first elections on October 2

The Shura Council comprises a total of 45 members

Airlines see grounds for optimism over long-haul rebound

Growing optimism about a long-haul revival comes with shorter flights already on the road to recovery

Dubai Airport

UAE, Bahrain, Qatar and India removed from UK’s travel red list

These countries will be added to the UK’s amber list, with the changes coming into force from 4am BST on Sunday, August 8