Qatar is expected to award about $38.5 billion in new infrastructure projects over the next five years, including public-private partnerships, with the country setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billions of dollars.
Qatar expects its massive LNG expansion to begin producing in the first half of 2027, but has decided against building pipelines to bypass the Strait of Hormuz. The first production train at North Field East (NFE), the initial phase of Qatar’s LNG expansion, is expected to come online in the first half of 2027, Energy Minister and QatarEnergy CEO Saad Sherida Al-Kaabi said at the Qatar Economic Forum.
Gulf Warehousing Company (GWC Group), one of the region’s leading logistics groups, has completed one of its first frozen bulk vessel operations.
Qatar's Estithmar Holding has announced that it has completed the transfer of a 48.68% stake in Syria's Shahba Bank to its wholly owned subsidiary Masaref Holding. The stake was transferred from Banque Bemo Saudi Fransi and Ahli Trust Bank after regulatory approvals.
Qatar-based Msheireb Properties has begun the Phase One rollout of 'Rashid', its AI Digital Companion, across Msheireb Downtown Doha, thus marking the next stage of a first-of-its-kind service for the city and a further advancement in its smart city capabilities.
Qatar-based Estithmar Holding said one of its key units has secured a SAR829 million ($221 million) mechanical package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, a flagship Saudi giga-project and a designated venue for FIFA World Cup 2034. The scope of work includes building management system and HVAC services.
Qatar is set for a busy September as Qatar Calendar presents a diverse programme of international exhibitions, cultural events, live entertainment and sporting competitions across Doha and beyond.
Ooredoo, a leading international telecommunications company based in Qatar, has announced plans to invest about $800 million for a 49% stake in Zankore, an artificial intelligence computing platform being developed in Indonesia, thus marking its expansion into AI infrastructure in Southeast Asia.
Diplomatic efforts to ease tensions between the United States and Iran gathered momentum on Tuesday, with Qatar saying negotiations have reached "very progressive stages" and draft proposals for a possible agreement are now being circulated, even as Iran and Oman continued talks on future shipping arrangements in the Strait of Hormuz.
Qatar welcomed its first leisure charter flight from Yerevan, Armenia, at Hamad International Airport on August 28, marking a step forward in the growth of inbound leisure tourism and diversification of its international visitor markets. Operated by FlyOne in partnership with Rustar Tour Operator, the weekly service connects Yerevan and Doha using an Airbus A320.