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Saudi Arabia eyes new airline plan to compete with Qatar Airways

Saudi Arabia plans to push economic diversification with the launch of a new national airline, increasing competition in the Gulf. Saudi Arabia is set to launch a new airline which it hopes will compete with...

QIA trims Credit Suisse stakes following scandals

The reduction in stakes now means that the Qatar Investment Authority may no longer be Credit Suisse's largest stakeholder.  The Qatar Investment Authority (QIA) has trimmed its stake in Swiss global investment bank and financial...

QP pens 10 year contract with Shell to supply China with LNG

The state-owned liquified natural gas supplies will provide another 1 million tonnes per year to China after a deal was signed with Shell. Qatar Petroleum (QP) is set to supply an additional 1 million tonnes...

QP kicks off US dollar bond debt sale

Leading global liquefied natural gas supplier Qatar Petroleum has begun marketing its four-tranche US dollar bonds. Qatar Petroleum (QP) started marketing its four-tranche US dollar-denominated bonds on Wednesday, Reuters reported. QP is offering an initial price...

Qatar trade surplus sees a 211% surge in May

In May 2021, China secured the top spot of Qatar's imports countries, followed by the United States and Germany. Qatar’s foreign merchandise trade balance has seen a 221% increase in May of 2021, recent statistics...

Ahli Bank eyes debt sale to raise $500 million

The Qatar-based bank is seeking to raise $500 million in a bonds sale as Gulf economies face the repercussions of the Covid-19 pandemic.  Qatar's Ahli Bank is seeking to raise up to $500 million via...
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