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  • Abu Dhabi- Doha: Now additional flights on Etihad Airways

    QATAR, 2016/06/13 Etihad Airways is celebrating 10 years of flying to Qatar this summer by launching nine additional weekly flights on the Abu Dhabi – Doha route reinforcing its commitment to one of the airline’s key markets in the Gulf. Effective 1 August 2016, the national airline of the United Arab Emirates will increase weekly frequency to Qatar’s capital city to 37 services. The new daily morning flights inclunding the early evening departures on Thursdays and Saturdays provide additional flexibility and better convenience and have been timed to cater for the needs of business travellers both in Abu Dhabi and Doha.

  • Qatar, A leader in innovation Innovation and entrepreneurial development at heart of diversification drive

    QATAR, 2016/03/14 Increased investment in research capacity and SMEs is seeing the country establish itself as a leader in innovation as well as spearheading its goal of economic diversification Under its strategy to raise its research spending to 2.8 % of its national budget (approximately £1.1 billion), Qatar is currently investing to build a skills base for a next knowledge economy. That is, an economy driven by innovation and entrepreneurialism, and one that is significantly less dependent on its hydrocarbon reserves. However, facing this drive are as well a number of obstacles. Research and innovation efforts are often held back by a small people, inclunding a lack of local capacity and administrative support. According to a UK Foreign & Commonwealth statement, to surmount this Qatar has focused on delivering larger “step-change projects through international institutional partnerships and through the strategic use of a well funded international research fund.”

  • Finance Minister of the Year 2016

    NEPAL, 2016/01/10 Finance Minister of the Year 2016 awards celebrate the officials that have best managed to stimulate increase and stabilise their economy. Global and Asia-Pacific Ram Sharan Mahat, former finance minister, Nepal Ram Sharan Mahat receives The Banker’s World and Asia-Pacific Finance Minister of the Year awards for his exemplary work in the aftermath of the two disastrous earthquakes that hit Nepal in 2015 and in pushing for reforms to improve governance in the country’s ministry of finance.

  • LNG shipments from Qatar will help develop transport infrastructure

    JORDAN, 2015/12/27 The arrival of the initial liquefied natural gas (LNG) shipment from Qatar at Aqaba Port in May 2015 signalled a major step forward for Jordan’s energy sector, while as well putting the country’s plans for developing transport infrastructure firmly in the spotlight. The heightened activity at Aqaba has underscored the need to boost connectivity between the country’s only port and the north, and reduce the strain on its roads. DRIVING THE DISTANCE: Aqaba Port was responsible for around 55% of Jordan’s entire export trade in 2013, while handling some 73% of total imports during the year, according to the Department of Statistics. The area is as well home to the Aqaba Appropriate Economic Zone, an industrial site inclunding airport and maritime facilities, factories, workshops and businesses. However, given the instability in neighbouring Syria and Iraq, pressure is likely to increase at Aqaba, with overland trade largely paralysed by border attacks from insurgents. In April 2015, Jordan closed its only working border crossing with Syria at Jaber. This has forced Jordanian traders with commitments in Syria or Iraq to rely on sea routes via Haifa in Israel or through the Suez Canal to Aqaba.

  • Qatari Labor Reforms: Words But No Actions

    QATAR, 2015/12/02 Words but no actions. That is Amnesty International’s evaluation of promised Qatari labor reforms on the fifth year of the awarding of the 2022 World Cup hosting rights to the Gulf national. Qatar’s failure to enact wide-ranging reforms heightens the risk of its hosting rights being called into question against a backdrop of legal investigations into the integrity of its bid and world soccer body FIFA presidential elections that could spur increased pressure on the Gulf national in FIFA’s bid to put a massive corruption scandal that involves Qatar behind it. In a statement, Amnesty researcher Mustafa Qadri, asserted that “too little has been done to address rampant migrant labour abuse. Qatar’s persistent labour reform delays are a recipe for human rights disaster… Unless action is taken – and any minute at this time – again each football fan who visits Qatar in 2022 should ask themselves how they can be sure they are not benefiting from the blood, sweat and tears of migrant workers.”

  • Shaping a regional GCC rebound

    BAHRAIN, 2015/11/28 Analyses of the prevailing global economic conditions and outlined key elements that could drive GCC to register a modest economic rebound in 2016.

  • Kazakhstan to cooperate with Qatar, Japan in renewable energy sector

    JAPAN, 2015/10/29 Kazakhstan's Kazatomprom Company has signed an agreement on cooperation with Qatar in solar energy development. Kazatomprom reported on October 28 that a framework agreement on a joint venture in the field of solar energy was signed with Qatar Solar Energy. According to the agreement, Kazatomprom is becoming a strategic shareholder of the Qatari company and is able to expand the chain of production of solar panels from raw materials to the electricity generation, to increase the production capacity of existing enterprises and to start producing ingots and cells with a capacity up to 1,000 MW.

  • Qatar Electricity and Water recorded a net profit 737 million riyals in the first six months of 2015

    QATAR, 2015/08/05 Qatar Electricity and Water Co. (QEWC), the Gulf national’s monopoly utility firm, reported a 6.1 % fall in second-quarter net profit on Monday, according to Reuters calculations, missing the analysts’ estimate. The utility made a profit of 390.9 million riyals ($107.4 million) in the three months to June 30, compared to 416.5 million riyals in the same year-ago period, Reuters calculations showed, using financial statements in lieu of a quarterly earnings breakdown. Three analysts polled by Reuters had, on average, estimate a quarterly profit of 428.9 million riyals.

  • The 6th Ministerial Meeting of the China-Arab Cooperation Forum to be Held in Beijing

    BAHRAIN, 2015/07/10 Foreign Ministry Spokesperson Hong Lei announced at the press conference: Upon agreement of China and the League of Arab States, the 6th ministerial conference of the China-Arab Cooperation Forum will be held in Beijing on June 5. Foreign ministers or representatives from China and Arab states inclunding the Secretary-General of the Arab League will attend the conference.

  • Qatar to reduce carbon footprint with major projects

    QATAR, 2015/05/21 Extensive investments in gas recovery technology look set to reduce Qatar’s carbon footprint, with newly opened facilities aiming to boost production and earnings whilst minimising wastage. Described as one of the major environmental protection developments in the world, the Jetty Boil-Off Gas Recovery Project (JBOG) was officially inaugurated in April despite starting operations at the end of last year. The $1bn facility at Ras Laffan Industrial City captures gas which would otherwise be lost in the process of loading liquefied natural gas (LNG) tankers.
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