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Posts filtered by tags: Qatar[x]


 

#Qatar stock exchange looks to new ETFs to attract more foreign cash - Reuters

Qatar stock exchange looks to new ETFs to attract more foreign cash - Reuters:Qatar’s stock exchange is developing two new Exchange Traded Funds, part of efforts by the Middle East’s strongest performing stock market in 2018 to boost foreign investment, CEO Rashid al-Mansoori said.Qatar has been on a drive to attract capital from new sources since Saudi Arabia, the United Emirates, Bahrain, and Egypt imposed an economic boycott over what they allege is Qatar’s support of terrorism, which Doha de...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Middle East, Doha, Reuters, Rupert Neil Bumfrey, Rashid al Mansoori, United Emirates Bahrain


#Qatar ships LNG to the #UAE after Dolphin pipeline outage: source - Reuters

Qatar ships LNG to the UAE after Dolphin pipeline outage: source - Reuters:A major gas pipeline from Qatar to the United Arab Emirates, Dolphin, experienced an outage for several days last month and Qatar filled the gap with additional liquefied gas supplies, a source familiar with the situation said. Qatar has been under a political and economic boycott by its neighbors, Saudi Arabia and the UAE, who accuse Doha of supporting extremism. Doha denies the claim.Qatar, the world’s biggest producer ...
Tags: Travel, Saudi Arabia, Qatar, Dolphin, Doha, Uae, Reuters, Rupert Neil Bumfrey, United Arab Emirates Dolphin


Don’t Waste the Effort, Let Air Italy Fail On Its Own

The big three US airlines (American, Delta, and United) have been hammering on the big three Middle East carriers (Emirates, Etihad, and Qatar) for illegal subsidies for many years now. I’ve written about this several times, and I’ve been semi-sympathetic to at least a part of the argument. But recently, the fight has shifted. It now seems to have centered on Qatar’s investment in Air Italy, and that hardly seems worth a fight at this point. The hard part is knowing when that changes. The...
Tags: Travel, Milan, US, Qatar, Italy, Middle East, Emirates, Delta, Athens, Newark, Jfk, Etihad, United, British Airways, Uae, American


Qatari banks face growing risks from real estate downturn: Fitch - Reuters

Qatari banks face growing risks from real estate downturn: Fitch - Reuters:Qatari banks face growing pressure from high exposure to the country’s sluggish real estate market, hit by oversupply tied to preparations for its 2022 World Cup, ratings agency Fitch said.The tiny but wealthy Gulf state has seen its rental prices slide by 20 percent over the past three years. Analysts expect these prices to fall further as a wave of projects tied to the tournament come online over the next three years.Qa...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Gulf, Fitch, United Arab Emirates Bahrain, Rupert Neil Bumfrey, Fitch Reuters


5 honeymoon destinations for every couple

The upcoming months are among the most popular months to get married; in particular, May, June, and August are busy times for wedding planners and coordinators. While most weddings are planned way ahead of the actual wedding day, there are a few things that often get left to the last minute, and yes that includes […] The post 5 honeymoon destinations for every couple appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Hotels, Africa, Qatar, Thailand, Accommodation, South Africa, Philippines, Middle East, Resorts, Maldives, Regions, Speciality Travel, Leisure Travel, Honeymoons


New business continues to underpin confidence: QFC - The Peninsula Qatar

New business continues to underpin confidence: QFC - The Peninsula Qatar:The most recent Qatar Financial Centre’s (QFC) Purchasing Managers’ Index (PMI) survey of Qatari non-hydrocarbon private sector businesses highlighted a further rise in the volume of new business at the beginning of 2019’s second quarter. Meanwhile, overall sentiment regarding future output was the third-strongest since the survey began in April 2017, with more than three-quarters of respondents expecting growth at their bu...
Tags: Travel, Qatar, Index PMI, Rupert Neil Bumfrey, QFC, Peninsula Qatar, Qatar Financial Centre


Ritz-Carlton Central Park Is Said to Be in Talks for a Sale - Bloomberg

Ritz-Carlton Central Park Is Said to Be in Talks for a Sale - Bloomberg:The owners of the Ritz-Carlton New York, Central Park are exploring a sale after receiving interest from at least two buyers, according to people familiar with the matter. Owners Westbrook Partners LLC and Korea Investment Corp are in discussions with Qatar’s Katara Hospitality and Trinity White City Ventures about a potential sale of the 259-key hotel, said the people, who declined to be named because the talks are private....
Tags: Travel, Qatar, Westbrook, KIC, Katara Hospitality, Rupert Neil Bumfrey, Korea Investment CORP, Sale Bloomberg, Ritz Carlton Central Park, Ritz Carlton New York Central Park, Owners Westbrook Partners LLC, Trinity White City Ventures


Swiss-Belhotel International to Launch 4 New Brands in the Middle East in 2019

Swiss-Belhotel International has announced the launch of four new brands in the Middle East in 2019. Coming to the region for the first time are Grand Swiss-Belresort (Bahrain), Swiss-Belsuites (Bahrain), Swiss-Belboutique (Kuwait) and Swiss-Belinn (Oman and Qatar) with openings scheduled over the next few months.
Tags: Travel, Qatar, Middle East, Bahrain, Belhotel International, New Brands, Belboutique Kuwait, Belinn Oman


STR: Middle East up, Africa down in hotel construction

STR's April 2019 pipeline data showed 424 hotel projects accounting for 125,052 rooms in construction in the Middle East and 141 projects and 25,056 rooms in construction in Africa. The Middle East total represented a 9.3% year-over-year increase in the number of rooms in the final phase of the development pipeline. The Middle East reported an additional 30,203 rooms in the final planning stage and 45,991 rooms in planning. The Africa total room construction total was down 7.1% year over ...
Tags: Travel, Saudi Arabia, Africa, Qatar, Middle East, United Arab Emirates, Oman, Africa The Middle East


#Qatar bourse extends losing run to 7th day amid US-China trade row

Qatar bourse extends losing run to 7th day amid US-China trade row:The Qatar Stock Exchange continued its bearish run for the seventh consecutive day on Monday to lose 188 points, thus settling below 9,800 levels, mainly dragged by foreign funds.An across-the-board selling – especially in realty, transport, insurance, telecom and banking shares – led the 20-stock Qatar Index to decline 1.89% to 9,740.2 points, reflecting the global woes resulting from the US-China trade war.A Kamco technical ana...
Tags: Travel, Qatar, KAMCO, US China, Rupert Neil Bumfrey, Qatar Stock Exchange, Qatar Index


Immerse Yourself in Qatar's History

The National Museum of Qatar features incredible artifacts and sculptures from its prehistoric history to present day in a fantastic tent-like structure.
Tags: Travel, Qatar, Museums, Middle East, National Museum of Qatar


S&P affirms #Qatar’s ratings with stable outlook - The Peninsula Qatar

S&P affirms Qatar’s ratings with stable outlook - The Peninsula Qatar:Noted rating agency S&P Global has affirmed Qatar’s sovereign ratings with a stable outlook, and said that government’s assets will likely remain a core rating strength of the economy.The rating agency, in its report released yesterday, projected that Qatar’s GDP is expected to grow by 2.8 percent and the current account surplus will be averaging 4.5 percent of GDP in 2019-2022, assuming lower hydrocarbon prices from 2021. Amo...
Tags: Travel, Qatar, Rupert Neil Bumfrey, Peninsula Qatar


Doha Bank focused on redefining asset allocation model: Seetharaman

Doha Bank focused on redefining asset allocation model: Seetharaman:Doha Bank is now focused on redefining its asset allocation model, derisking the bank, and improving asset quality ratios including provision coverage, CEO Dr R Seetharaman has said.“We have done a prudential approach, wherein 95% of my books have already been provided. And nearly 70% of the books for Kuwait has been provided in terms of loan-loss provisions. Nearly 95% of Doha Bank’s outstanding books is in Qatar. That’s part o...
Tags: Travel, India, Qatar, Kuwait, Doha, Doha Bank, Rupert Neil Bumfrey, Seetharaman, Gulf Times, R Seetharaman


Real estate weakness hurts GCC’s economic outlook

Real estate weakness hurts GCC’s economic outlook:Weakness in the real estate market has both reflected and contributed to weak economic growth in much of the GCC, particularly the UAE, Qatar, and Saudi Arabia, according to the Institute of International Finance (IIF).“After consciously targeting real estate investment as a key plank of their diversification strategies, these countries have experienced a persistent drag on overall growth due to the real estate slowdown since the 2014 plunge in o...
Tags: Travel, Saudi Arabia, Qatar, GCC, Dubai, IIF, Rupert Neil Bumfrey, UAE Qatar, Institute of International Finance IIF, Jonah Rosenthal


#Qatar shares extend losses amid increased selling pressure

:The Qatar Stock Exchange on Thursday fell for the fifth straight session by more than 96 points to settle a tad above 10,000 levels, mainly dragged by real estate, transport, insurance and banks.Foreign institutions’ substantially increased selling pressure led the 20-stock Qatar Index to fall about 1% to 10,027.17 points.A Kamco technical analysis suggests that medium-term and long-term investors can stay in the market with a stop-loss below 10,200 points and 9,700 points, respectively. [Au...
Tags: Travel, Qatar, KAMCO, Rupert Neil Bumfrey, Qatar Stock Exchange, Qatar Index


#Qatar international reserves may scale up to $38.1bn in 2023: FocusEconomics

Qatar international reserves may scale up to $38.1bn in 2023: FocusEconomics:Qatar’s international reserves will scale up to $38.1bn in 2023 from $33.8bn this year, FocusEconomics has said in its latest country report.The international reserves will cover 9.6 months of imports in 2023 as against 11.7 months this year, the researcher said.Qatar’s fiscal balance as a percentage of GDP is set to rise to 4.5% in 2023 from an estimated 0.5% this year, FocusEconomics said. [Author: [email protected]
Tags: Travel, Qatar, Rupert Neil Bumfrey, FocusEconomics


GCC real estate slump continues, but there is light at end of the tunnel, says IIF | ZAWYA MENA Edition

GCC real estate slump continues, but there is light at end of the tunnel, says IIF | ZAWYA MENA Edition:Price declines in real estate markets in Saudi Arabia, the United Arab Emirates and Qatar are likely to persist given an oversupply in the market and regional tensions, but there are country-specific reasons for optimism in each market, according to a new paper from the Institute of International Finance (IIF).The paper states that real estate in the region "has often operated on a model that ...
Tags: Travel, Saudi Arabia, Qatar, GCC, United Arab Emirates, Dubai, Mena, IIF, Rupert Neil Bumfrey, Institute of International Finance IIF, JLL Mena


MIDEAST STOCKS-Financials pressure #AbuDhabi and #Qatar, other Gulf markets down - Reuters

MIDEAST STOCKS-Financials pressure Abu Dhabi and Qatar, other Gulf markets down - Reuters:The Abu Dhabi and Qatar stock markets fell sharply in early trading on Wednesday, dragged down by financial shares as other major Gulf markets lost ground.Abu Dhabi’s index dropped 1.2 percent as First Abu Dhabi, the UAE’s largest bank, shed 1.7 percent. Methaq Takaful Insurance and Abu Dhabi Islamic Bank dropped 4.9 percent and 1.5 percent respectively.Abu Dhabi Commercial Bank dropped 1.6 percent after po...
Tags: Travel, Qatar, Abu Dhabi, Uae, Gulf, Reuters, Abu Dhabi Commercial Bank, Rupert Neil Bumfrey, Abu Dhabi Islamic Bank, First Abu Dhabi, Methaq Takaful Insurance


#Qatar Petroleum issues tender for North Field LNG storage and loading facilities - The Peninsula Qatar

Qatar Petroleum issues tender for North Field LNG storage and loading facilities - The Peninsula Qatar: Qatar Petroleum issued an Invitation to Tender Package for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project. The tender package, which was issued to world-class contractors, calls for the engineering, procurement and construction of three LNG storage t...
Tags: Travel, Qatar, EPC, LNG, Rupert Neil Bumfrey, Qatar Petroleum, Saad Sherida Al Kaabi, Peninsula Qatar, State for Energy Affairs, North Field LNG


MIDEAST STOCKS-Industrials lift #Qatar, most major Gulf markets rise - Agricultural Commodities - Reuters

MIDEAST STOCKS-Industrials lift Qatar, most major Gulf markets rise - Agricultural Commodities - Reuters:Qatar’s stock index inched up on Tuesday, lifted in part by Qatar Electricity and Water Co, while most major Middle Eastern markets rose in early trading.The Qatari index rose 0.1 percent, with Qatar Electricity and Water Co gaining 1.2 percent after its unit signed an amendment to increase water desalination capacity by 61.5 million gallons per day.Qatar Insurance Co snapped a three-day losi...
Tags: Travel, Qatar, Gulf, Rupert Neil Bumfrey, Industries Qatar, Qatar Electricity and Water Co, Agricultural Commodities Reuters, Qatar Insurance Co


Round the World in Retirement

Ask new retirees about their plans, and you will almost always hear, “I want to travel.” But more and more, “I want to travel” is changing. Not all retirees are going the stereotypical “travel around the country in an RV” route. Many are thinking bigger and jumping into the long-term travel game. That’s what my husband and I decided to do when we retired. We sold our house, our cars, most of our belongings, and left town on a trip around the world. After a lifetime of working, retirement should ...
Tags: Travel, Hong Kong, Europe, Featured, Singapore, Los Angeles, Qatar, Munich, United States, Sydney, Dubai, Athens, Ethiopia, Slovenia, Tokyo, Denmark


#Iraq oil minister discusses energy cooperation with #Qatar - Reuters

Iraq oil minister discusses energy cooperation with Qatar - Reuters:Iraqi Oil Minister Thamer Ghadhban has discussed joint cooperation and potential investments in oil, gas and electricity with his Qatari counterpart Saad al-Kaabi, the Iraqi oil ministry said in a statement on Sunday.Ghadhban, who is visiting Doha, met with Qatari Emir Sheikh Tamim bin Hamad Al Thani, the statement said. State-run Qatar Petroleum, headed by Kaabi, wants to take part in projects and investments to develop the oil...
Tags: Travel, Iraq, Qatar, Doha, Tamim Bin Hamad Al Thani, Rupert Neil Bumfrey, Qatar Petroleum, Saad al Kaabi, Kaabi, Thamer Ghadhban, Ghadhban, Qatar Reuters


#Qatar Airways says return to Syrian airspace part of overcoming Gulf boycott - Reuters

Qatar Airways says return to Syrian airspace part of overcoming Gulf boycott - Reuters:Qatar Airways’ return to flying over Syria as its eight-year war dies down is part of its efforts to grapple with a nearly two-year Gulf dispute that has blocked it from using the airspace of many of its neighbors, CEO Akbar al-Baker said on Saturday.Syrian transport minister Ali Hammoud said last month that his country had approved a request by Qatar Airways to begin using the country’s airspace for routes, o...
Tags: Travel, Saudi Arabia, Qatar, Syria, Egypt, Doha, Gulf, Reuters, Qatar Airways, Akbar Al Baker, United Arab Emirates Bahrain, Rupert Neil Bumfrey, Ali Hammoud


World’s Best Business Class Saver Award Space Available for Four Passengers From Several US Cities

Qatar has the best business class product in the world in its 'QSuites' -- revolutionary suites with doors and moveable partitions that allow two and even four passengers to travel together in their own space. Right now there's strong availability on routes with QSuites especially as we look out to the end of the schedule (February, March 2020). You'll find seats from Chicago, Boston, Houston, Philadelphia, and Washington Dulles. Continue reading World’s Best Business Class Saver Award Space A...
Tags: Travel, Advice, US, Qatar, Washington Dulles Continue, Chicago Boston Houston Philadelphia


#Qatar stock exchange seeks to gain retail investors with stock split - The Peninsula Qatar

Qatar stock exchange seeks to gain retail investors with stock split - The Peninsula Qatar:Qatar’s stock exchange is setting the stage for a split in the price of stocks in an effort to attract more individual investors to the $160 billion market.The bourse is preparing to change the nominal value of a share in all listed companies to one Qatari riyal (27 cents) starting next month. Such a move is typically designed to lower the price of an equity and thereby stimulate dealing. Holders of Qatar ...
Tags: Travel, Qatar, Rupert Neil Bumfrey, Qatar Stock Exchange, Peninsula Qatar, Mohsin Mujtaba, Holders of Qatar National Bank QPSC


MIDEAST STOCKS- #Qatar hits 3 month high, financials weigh on #AbuDhabi - Reuters

MIDEAST STOCKS-Qatar hits 3 month high, financials weigh on Abu Dhabi - Reuters:Qatar's stock market closed at athree-month high on Thursday, buoyed by drilling rig providerGulf International Services, while the Abu Dhabi index waspressured by financial shares.The Qatar index rose 0.8 percent, with GulfInternational Services jumping 10 percent after itsunit was awarded contracts by Qatar Petroleum to provide sixoffshore drilling rigs.Brokerage firm QNB Financial Services raised its rating onthe ...
Tags: Travel, Qatar, Abu Dhabi, ABU DHABI Reuters, Rupert Neil Bumfrey, QNB Financial Services, AbuDhabi Reuters, providerGulf International Services, GulfInternational Services


Swiss-Belhotel International to Launch 4 New Brands in the Middle East in 2019

Swiss-Belhotel International announced today at the Arabian Travel Market the launch of four new brands in the Middle East in 2019. Coming to the region for the first time are Grand Swiss-Belresort (Bahrain), Swiss-Belsuites (Bahrain), Swiss-Belboutique (Kuwait) and Swiss-Belinn (Oman and Qatar) with openings scheduled over the next few months.
Tags: Travel, Qatar, Middle East, Bahrain, Belhotel International, New Brands, Belboutique Kuwait, Belinn Oman


#Qatar says tightening #Iran sanctions harms oil consuming nations - Reuters

Qatar says tightening Iran sanctions harms oil consuming nations - Reuters:The foreign minister of U.S.-allied Qatar said on Wednesday that Washington’s decision not to extend sanction waivers on Iranian oil exports would harm countries that rely on the supplies.The United States has demanded that buyers of Iranian oil stop purchases by May 1 or face the prospect of sanctions, ending six months of waivers that had allowed Iran’s eight biggest customers, most of them in Asia, to import limited vo...
Tags: Travel, Asia, Washington, Qatar, Iran, United States, Doha, Reuters, Mohammed bin Abdulrahman Al Thani, Rupert Neil Bumfrey


QFC showcases opportunities available in Doha for Fintech firms on Qatar Day in London

QFC showcases opportunities available in Doha for Fintech firms on Qatar Day in London:The Qatar Financial Center (QFC) has showcased the country's Fintech strategy and the opportunities available for the UK and Qatar Fintech firms, apart from the growing scope for asset management firms in Doha.This was highlighted by the QFC at the recently held Qatar Day, which was recently hosted by the City of London Corporation, in partnership with the UK’s Department for International Trade and Qatar Cent...
Tags: Travel, UK, London, Qatar, Fintech, Doha, City of London Corporation, Rupert Neil Bumfrey, QFC, Qatar Development Bank, Qatar Financial Center QFC, Qatar Financial Markets Authority, Qatar Fintech


Dark clouds form Gulf's low-cost carriers, but horizon remains bright | ZAWYA MENA Edition

Dark clouds form Gulf's low-cost carriers, but horizon remains bright | ZAWYA MENA Edition:Competition is stiffening in the Gulf’s budget airline sector following the recent launch of state-backed low-cost carriers (LCCs) in Saudi Arabia and Oman, while the blockade of Qatar has halted some of the region’s most profitable routes as regional passenger growth has slowed.Rising fuel costs are weighing on earnings, with per-seat profitability among the lowest globally. Yet the longer-term outlook fo...
Tags: Travel, London, Saudi Arabia, Qatar, Middle East, Oman, Gulf, Rupert Neil Bumfrey, John Strickland



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