Gulf Times Business
General assembly approves change of QEWC name to Nebras Energy
The Extraordinary General Assembly meeting of Qatar Electricity & Water Company (QEWC) approved changing the company’s commercial name to Nebras Energy. The meeting was presided over yesterday by HE the Minister of State for Energy Affairs Saad bin...
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Uruguay central bank chief signals more interest rate cuts in 2026
Uruguay’s central bank plans to continue cutting interest rates next year to get consistently low inflation up to its 4.5% target by accelerating growth and weakening the currency, Chairman Guillermo Tolosa told reporters in Montevideo on Friday....
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MCIT organises awareness sessions to support SMEs in adopting modern digital tools
QNB Financial Services (QNBFS), a subsidiary of QNB Group launched retail trading in fixed-income securities on the Qatar Stock Exchange (QSE), where QNBFS executed its first transaction in fixed-income securities for individuals. This “pioneer step”...
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EU finalises deal to phase out Russian gas imports by 2027
The European Union has reached a deal to phase out Russian gas faster than originally planned, a move that aims to finally sever ties between the bloc and its once-primary energy supplier. In the aftermath of the invasion of Ukraine, traders and...
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QFC Family Office Forum highlights Qatar’s value proposition for wealth preservation, growth
The Qatar Financial Centre (QFC) hosted this year’s edition of its Family Office Forum, bringing together senior family office representatives, next-generation leaders, wealth advisers, and industry experts to discuss factors shaping family wealth and...
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Chamber participates in 1st Gulf forum for building capacities, skills of home-based business owners
Qatar Chamber recently participated in the ‘First Gulf Forum for Building the Capacities and Skills of HomeBased Business Owners’, hosted by Kuwait. The two-day forum was organised by the Executive Office of the Council of Ministers of Labour and...
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Commercial Bank, MBG Corporate Services host exclusive VAT advisory workshop
Commercial Bank’s Wholesale Banking team hosted an exclusive Advisory Workshop on Value Added Tax (VAT), in collaboration with MBG Corporate Services. The session highlighted the importance of regulatory compliance and meeting obligations within...
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Philippines’ Misamis Occidental eyes Qatar ties via business missions
The governor of Misamis Occidental province in the Philippines has underscored the importance of reciprocal business missions between Qatar and Northern Mindanao, describing delegation exchanges as a key pathway to explore investment opportunities in...
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Aramco venture capital arm to open Paris office for AI investment
Aramco Ventures, a subsidiary of Saudi national oil major Aramco, is opening an office in Paris to oversee European artificial intelligence investment expected to total hundreds of millions of euros, CEO Mahdi Aladel told Reuters on Tuesday. The...
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Vodafone Qatar unveils transformative 5G standalone network, immersive experiences at MWC Doha 2025
Vodafone Qatar has announced the commercial launch of its 5G Standalone (SA) network, which marks a significant leap forward in its digital transformation journey. The company has partnered with Nokia to deliver 5G SA in Qatar, and they are jointly...
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Qatar Chamber explores co-operation with Portuguese Industrial Association
Qatar Chamber acting director general Ali Bu Sherbak al-Mansouri held a meeting yesterday with Filomena Pina Pires, director of the Portuguese Industrial Association (AIP), and Manul Campos, AIP Project Partner. The meeting discussed bilateral trade...
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Commercial Bank wins ‘prestigious’ awards at TAB Global Middle East and Africa Awards 2025
Commercial Bank has been recognised with prestigious awards at the TAB Global Middle East and Africa Awards 2025, reflecting its continued leadership in innovation, digital excellence, and customer-centric banking solutions. Commercial Bank was named...
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Al-Kuwari meets LSEG, Ashmore Group CEOs
QNB has launched Boat Finance, a bespoke loan to finance boats up to QR2mn, offering an exclusive interest rate of 3.45% per annum (equivalent to 1.85% flat rate). The loan finances both new and used boats or yachts, engines, navigation equipment, or...
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Mideast plays ‘defining role’ in Africa’s ‘historic’ energy transformation: Al-Attiyah Foundation
Africa stands at the threshold of a historic energy transformation — one in which the Middle East will play a defining role. With vast untapped reserves, surging demand from Europe, and billions in potential investment, the continent’s natural gas...
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QDB wins ‘Best Corporate Bank in Digital Transformation’ title, 5
Qatar Development Bank (QDB) has won the ‘Best Corporate Bank in Digital Transformation in the Middle East for 2025’ award from Global Finance. QDB was also named ‘Best Corporate Digital Bank’ in Qatar, having been selected from a shortlist of six...
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QNB organises ‘Junior Entrepreneur’ programme
QNB’s Corporate Social Responsibility (CSR) team organised a creative programme for children titled ‘QNB Junior Entrepreneur’ in line with its initiatives to prepare a generation of new leaders capable of achieving a knowledge-based economy in...
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MoCI holds seminar on auditors’ compliance with AML/CFT requirements
The Ministry of Commerce and Industry (MoCI) has organised a seminar “Auditors’ Compliance with Anti-Money Laundering and CounterTerrorism Financing Requirements” with the participation of auditors, accounting firms and a wide array of...
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For two offshore blocks in Suriname
QatarEnergy has signed two new production sharing contracts (PSC) for offshore Blocks 9 and 10 in Suriname. The blocks were awarded to a QatarEnergy consortium during the POST SHO2 bid round held in June 2025. Pursuant to the signed agreements,...
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BP CEO expects non-Opec+ oil supply growth could decline by April
Oil supply growth outside Opec+ could decline by April, while demand remains robust, BP’s Chief Executive Murray Auchincloss said on Monday. “There is a supply increase that’s come outside of Opec+,” Auchincloss said. “We think that finishes in about...
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Funding Gate TAMKEEN
Qatar Development Bank (QBD) launched ‘TAMKEEN’ or the National Funding Gate, a unified digital platform for business financing in the country, during a ceremony held in Doha yesterday. TAMKEEN brings together Qatar’s leading financial institutions...
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Middle East Enterprise AI & Analytics Summit 2025’
Vodafone Qatar has been recognised with three major awards at the ‘11th Middle East Enterprise AI & Analytics Summit 2025’ in Doha, reaffirming its leadership in artificial intelligence, analytics, and customer experience innovation. The event...
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QNB Group supports Gulf Businesswomen Forum as strategic partner
QNB Group and the Qatar Chamber have signed a sponsorship agreement for the Seventh Gulf Businesswomen Forum, under which QNB will sponsor the event as a Strategic Partner. The agreement was signed by Qatar Chamber acting general manager Ali Bu...
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Moody’s assigns ‘(P)Aa2’ rating and stable outlook to Qatar’s Global Sukuk Ventures issuance
Global rating agency Moody’s has assigned ‘(P)Aa2’ rating and “stable” outlook to Qatar’s Global Sukuk Ventures’ issuance programme. The rating agency assigned a foreigncurrency backed senior unsecured MTN (medium-term note) rating of ‘(P) Aa2’ to the...
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IQ reports QR3.4bn profit on QR13.7bn revenues
Market heavyweight Industries Qatar (IQ) - the holding entity for Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported a net profit of QR3.4bn for the nine-month (9M) ended on September 30 2025. On a like-for-like basis, excluding...
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Smart City Expo Doha envisions prosperous future beyond connectivity
Qatar will host a new edition of Smart City Expo Doha this November, organised by Fira de Barcelona, in partnership with the Ministry of Communications and Information Technology (MCIT), and within MWC25 Doha. Under the slogan ‘Beyond Connectivity: A...
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Corporate business failures
Understanding the reasons for corporate business failures and the ways and means of stopping or rectifying such failures, is always of top paramount importance. Corporate business here means any kind of business including companies, SMEs, and startup...
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Vodafone Qatar 9-month net profit up 13%
Vodafone Qatar reported a 13% growth in net profit to reach QR949mn in the first nine months of 2025, mainly driven by revenue growth and sustained cost discipline. Total Revenue for the period increased by 8.4% year-on-year (y-o-y) to QR2.6bn due to...
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GWC posts nine-month net profit of QR82mn
Gulf Warehousing Company (GWC) has reported total revenues of QR1,045mn and a net profit of QR82mn for the nine-month period that ended on September 30. Earnings per share registered during the same period was QR0.14. GWC chairman Sheikh Mohammad bin...
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Qatar Chamber participates in Arab-African Investment Summit in Cairo
Privilege Club members will earn Avios on the codeshare flights operated by Kenya Airways. The two airlines will continue to collaborate on codeshares, airport operations, lounges, sustainability and procurement. Other future phases and areas of...
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Rapid growth of ETF market triggers fears of bubble
The US exchange-traded fund market is churning out new products at an unprecedented clip, creating concerns about a bubble developing — causing some investors to become more selective about which funds to support and question how many can survive. The...
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French bonds face risk of forced sales if credit score cut
Looming credit-rating decisions risk re-injecting more uncertainty into France’s bond market after a respite this week. The latest crisis has laid bare the nation’s precarious fiscal and political situation, which is likely to factor into crunch...
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‘Scale Now’ helps digital entrepreneurs raise more than $5.2mn: MCIT official
“Scale Now” - a growth programme designed to equip Qatar’s digital entrepreneurs achieve success on local, regional, and global levels - has helped startups raise more than $5.2mn in funding to expand their projects, according to an official of the...
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Qatar Society of Engineers to organise QIFMCE 2025 from October 19-21
The Qatar Society of Engineers (QSE) will organise the Qatar International Facility Management Conference and Exhibition (QIFMCE) 2025 from October 19-21 at the Doha Exhibition and Convention Center (DECC). The event is a global platform merging...
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SoftBank seeks $5bn margin loan backed by Arm stock
SoftBank Group Corp is in talks to borrow $5bn from global banks, refilling its coffers at a time Masayoshi Son is accelerating the Japanese investment firm’s bets on artificial intelligence. SoftBank is close to signing a deal with a handful of...
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QIC wins ‘Insurance Company of Year in Qatar’ award
and the QFC are committed to achieving this locally; he said the QFC has established a comprehensive framework aligned with the AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) standards, covering risk management,...
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QNB Group receives Central Bank of Egypt licence approval for new digital bank
QNB Group, the largest financial institution in the Middle East and Africa, has announced the licence approval has been received for a digital-first banking entity, ezbank, from the Central Bank of Egypt. This milestone reflects the Group’s commitment...
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Qatar-India Joint Business Council explores collaboration in key sectors
Key stakeholders in Qatar and India’s private sector have a robust potential to collaborate in strategic sectors like energy, food security, healthcare, technology, infrastructure, and pharmaceuticals. Adeeb Ahmad, chair of the Middle East Council of...
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Inward FDI shows greater growth impact in GCC than domestic investment: IMF working paper
The inward FDI (foreign direct investment) has about three times the growth impact of domestic investment in the Gulf Co-operation Council (GCC) economies, according to an International Monetary Fund (IMF) working paper. In a working paper ‘Gulf...
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QCB bills auction receives bids worth QR1.2bn; allocated amount totals QR400mn
The Qatar Central Bank (QCB) bills auction received bids worth QR1.2bn, while the total allocated amount was QR400mn, according to the central bank. The allocations were for six tenors – two new issuances and four tap issuances – ranging from seven...
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FTSE includes Estithmar Holding in midcap equity index
Qatar-based Estithmar Holding, which operates in nine countries, has been included in the FTSE midcap index, following the FTSE Global Equity Index Series (GEIS) semi-annual review, reflecting its growing footprint in both regional and global markets...
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National manufacturing strategy to have ‘trickle down’ effect in driving growth: KPMG in Qatar
Doha’s national manufacturing strategy, which reinforces broader diversification by targeting highvalue industries, will not only have ripple effect beyond industries but also slated to drive growth in infrastructure and real estate, alongside priority...
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Qatar Chamber, Saudi Exports Authority review co-operation opportunities
Qatar Chamber hosted yesterday a trade delegation from Saudi Arabia, representing the Export Development Authority and headed by its vice-president for Services Exports, Saud al-Qablan. Qatar Chamber board member Ali bin Abdullatif al-Misnad received...
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Sweden eyes stronger ties with Qatar; invites greater investments
Sweden is seeking to deepen its partnership with Qatar and attract greater investments into the Nordic country. In an interview with Gulf Times in Doha, Benjamin Arif Dousa, Minister for International Development Co-operation and Foreign Trade of...
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Qatar’s Barzan project contributes to Mideast natural gas production growth, says IGU
manufacturing, food security, education, and logistics — all representing projects of mutual economic value. For his part, al-Yousef thanked the QBA for hosting the ministry’s delegation and praised the bilateral relations between the two sides. He...
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President of Investment, Trade Court meets Oman’s minister of commerce and industry
services provided to litigants. The meeting also focused on technical innovations and modern systems that contribute to expediting the adjudication of cases and ensuring transparency, in addition to ways to enhance the co-operation and exchange of...
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QIA joins PsiQuantum’s $1bn Series E fundraise
Global (Morgan Stanley), 1789 Capital, and S Ventures (SentinelOne). The round also included participation from existing investors including Blackbird, Third Point Ventures, and T. Rowe Price Associates, Inc. PsiQuantum was founded on a single...
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Japan hires Wood Mackenzie to assess Trump-backed Alaska LNG project
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44bn project touted by US President Donald Trump, two sources with knowledge of the matter said....
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