Tuesday , December 12 2017
Breaking News


Ruwais ‘port market’ to boost local economy,


DOHA: The soon to be opened Ruwais Port Market will not only offer a space for shopping diverse and authentic foreign products, but will emerge as an ideal outlet for the country’s fast-growing local product sector. As thousands of visitors tour around the market everyday searching for antiques,souvenirs and traditional products, the market will be an ideal spot to showcase ... Read More »

Mega farm seeks to dominate Qatar dairy scene,


DOHA: located about 34 miles from Qatar’s capital city Doha, Baladna Farm runs several livestock enterprises, including sheep and goats, under the guidance of Irishman John Dore.In June, Saudi Arabia, the United Arab Emirates, Egypt and Bahrain severed all diplomatic ties and imposed trade boycotts on Qatar because they believed it supported terrorism. These blockages meant normal imports of dairy ... Read More »

Qatar, UK to support small businesses in both countries to boost exports


LONDON:Qatar and the UK have decided to support small businesses in both the countries and improve access to trade financing to help exporters as part of efforts to strengthen the bilateral economic relations. This was the outcome of the inaugural meeting of the Joint Economic and Trade Commission (Jetco) between Qatar and the UK yesterday. The UK’s International Trade Minister ... Read More »

Saudi king absent at GCC summit overshadowed by Qatar crisis


DOHA: The Qatari emir was the only head of state  other than his Kuwaiti host  at a gulf summit on tuesday, as leaders including Saudi Arabia’s King Salman stayed away from a meeting that was overshadowed by the rift with Qatar and ended a day early. The Saudi delegation was headed by Foreign Minister Adel Al-Jubeir, while Bahrain sent its ... Read More »

Iran-Qatar economic ties boom after Tehran helps Doha fend off Saudi-ed blockade

iran qatar

TEHRAN: Iran is benefiting from the anti-Qatari blockade that was launched by Saudi Arabia in early June, when Riyadh cut diplomatic ties with Doha and stopped access to all air, land and sea routes to the emirate, blaming it for supporting and harboring religious militants. Doha has since rejected all charges leveled against it by Riyadh. For the first seven months ... Read More »

Taxi drivers who tried to smuggle heroin between UAE and Qatar are jailed


DUBAI: Three men have been sentenced to 10 years in jail each for attempting to smuggle heroin from the UAE into Qatar. Dubai Criminal Court said the men were caught with 2.2 kilograms of the drug. They had been paid about 400,000 rupees (Dh22,754) by a dealer in Pakistan. The Pakistani men, aged between 35 and 47, were arrested on ... Read More »

Qatar’s Hamad Port posts strong performance


  DOHA: Hamad Port continues to post strong performance, despite the ongoing illegal siege imposed on Qatar. The port, the largest port in the Middle East, saw a huge 44 percent year-on-year rise in cargo movement in September this year, while 120 percent rise was seen in tonnage in the same month. The port harboured 150 vessels in September this ... Read More »

Qatar Customs seizes marijuana, captagon and guns


  DOHA: Ahmed Abdullah Al Jamal, Chairman of Qatar Customs, honoured ten inspectors who played a crucial role in confiscating and seizing 46-kg of marijuana, 200,000  tablets of captagon drug and two guns with 2500 bullets. The Customs will witness significant developments strengthening its manpower as part of its efforts to protect the security of the Qatari society and to ... Read More »

Bahrain suggests freezing Qatar’s GCC membership


  DOHA: Bahrain’s foreign minister on Monday suggested suspending Qatar’s Gulf Cooperation Council membership until it accepts the demands of its Arab adversaries in the region’s worst crisis in years. “The correct step to preserve the GCC would be to freeze Qatar’s membership until it sees reason and accepts the demands of our countries. If not, we will be fine ... Read More »

Qatar’s Sept trade surplus jumps 41.5% to QR12.48bn


DOHA: Higher exports of crude and non-crude led Qatar’s trade surplus to surge 41.5% year-on-year to QR12.48bn in September this year, according to official statistics. The trade surplus, however, saw a 1.7% decline on a monthly basis, said the figures released by the Ministry of Development Planning and Statistics. In absolute terms, Japan, Singapore, South Korea, India and China were ... Read More »

Qatari businesses urged to invest in Uganda


  DOHA: Ugandan President Yoweri Kaguta Museveni has urged Qatari businessmen to take advantage of investment opportunities in the country. A business delegation led by Mohamed bin Ahmed bin Towar, Qatar Chamber (QC) vice chairman recently visited Uganda aimed at enhancing trade and economic relations between Qatar and Uganda and exploring investment opportunities in food security and tourism. The delegation ... Read More »

Qatar Airways joins Usaid routes partnership to combat wildlife trafficking


DOHA: Qatar Airways has joined a select group of private sector, non-government organisations and government agencies in a concerted response to combat wildlife crime across transportation networks. As a partner in the USAID Reducing Opportunities for Unlawful Transport of Endangered Species (ROUTES) Partnership, Qatar Airways has increased its commitment as a signatory to the United for Wildlife Transport Taskforce Buckingham ... Read More »

Singapore, Qatar strengthen bilateral ties


SINGAPORE: Singapore and Qatar have shown that size does not determine a country’s success, President Halimah Yacob said last night. At a state banquet she hosted for visiting Qatari Emir Sheikh Tamim Bin Hamad al-Thani, Madam Halimah spoke of the long friendship between the two small states and the similarities that bind them. “The trajectories of growth and development of ... Read More »

M’sia-Qatar trade relations date back 43 years

bilateral trade

PUTRAJAYA: Bilateral relations between Malaysia and Qatar, especially in the trade sector has not been affected despite the Middle Eastern nation facing a crisis with other Gulf Countries, as relations between the two countries had been well established for the past 43 years, said Prime Minister Datuk Seri Najib Abdul Razak. He said Malaysia was known as a country which ... Read More »

Qatar, Norway puts on the brakes but oil cash splurge is hard to kick


  DOHA: Putting on the brakes is a relative term in Scandinavia’s richest economy.  The Norwegian government yesterday proposed spending 231.1bn kroner ($29bn) of its oil income and wealth to plug a deficit equal to 7.7% of gross domestic product, roughly unchanged from this year. To do this, it will withdraw 72bn kroner from its massive wealth fund, up from ... Read More »

Mexico looks to expand into Qatari market


  DOHA: Qatar Financial Centre (QFC) has announced the licensing of Dunn Lightweight Architecture LLC; a subsidiary of the Mexican company Dunn Arquitectura Ligera SA de CV, which specialises in fabric and tensile structures under its umbrella. They will take part in the construction of stadiums for the FIFA World Cup Qatar 2022. The agreement came through ProMexico, a trust ... Read More »

Qatar to join World ATA Carnet Council in December 2017


  DOHA: The State of Qatar will officially join the World ATA Carnet Council (Watac) in “early December” this year, private sector leader Qatar Chamber has announced in a statement. This development was raised during a meeting of the International Certificate of Origin Council, which was held on the sidelines of 10th World Chambers Congress in Sydney where Qatar Chamber ... Read More »

GCC, Qatar cooking oil market advanced technologies in global industry


  DOHA: The cooking oil market in the GCC has been witnessing a major shift in investment patterns in recent years. Over the past decade, the investment in this market has doubled owing to players realizing the scope this market presents. The increasing population and a higher propensity of consumers to spend on edible oils are the primary factors driving ... Read More »

Qatar Airways Cargo adds Helsinki to pharma network


  DOHA: Doha-based Qatar Airways Cargo has added Helsinki to its expanding pharma network, effective September 18. This is the cargo carrier’s 74th pharma destination introduced within a span of three months since Dublin was added to the pharma network in June this year. Qatar Airways launched flights to the Finnish capital, Helsinki in October last year. The daily direct ... Read More »

Qatar’s furniture imports from Turkey stands at $27.2m last year


DOHA: Qatar has imported $27.2mn worth of furniture from Turkey in 2016, which accounts for 5.8% of the Gulf state’s total furniture imports, according to a senior official of the Kayseri Furniture Industrialists Association (Kaymos). Figures presented by Kaymos chairman Yakup Deveci during the Doha leg of the ‘Qatar-Kuwait Trade Delegation Visit’, which will run until October 6, showed that ... Read More »