His Highness the Amir Sheikh Tamim bin Hamad al-Thani and German Chancellor Friedrich Merz held Thursday an official session of talks at the Amiri Diwan. At the outset of the session, His Highness the Amir welcomed the chancellor and his accompanying delegation, hoping that the visit would contribute to developing relations between the two countries, pushing them to broader levels. **media[413111]**The chancellor voiced his thanks and appreciation to HH the Amir for the warm welcome, stressing Germany's keenness to strengthen co-operation between the two countries in various fields, especially in the economic and investment fields. The session discussed ways to support and strengthen the strategic relations between the two countries and ways to develop them across various areas of partnership, particularly in the economy, investment, trade, energy, and military co-operation. **media[413110]**In addition, it discussed key regional and international issues and developments. His Excellency Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, His Excellency Chief of the Amiri Diwan Abdullah bin Mohammed al-Khulaifi, and a number of Their Excellencies the Ministers and senior officials attended the meeting. On the German side, the session was attended by a number of Their Excellencies ranking officials, members of the official accompanying delegation. HH the Amir and the chancellor held a bilateral meeting, where they exchanged views on regional and international developments of common concern. HH the Amir also held a luncheon banquet in honour of the chancellor and his accompanying delegation. Earlier, the chancellor arrived at the Amir Diwan, where he was accorded an official reception ceremony.

Hamad International Airport’s duty free sales' share to total sales was seen highest among the Middle Eastern airports and its revenue dependence on duty free was also seen higher, according to The Airports Council International Asia-Pacific and Middle East, the trade group representing over 600 airports across 44 countries and territories.The Middle Eastern airports otherwise saw electronics spend climb 14% as passengers increasingly leveraged tax advantages and sought out airport-exclusive collections unavailable in malls, a shift toward more deliberate, value-driven purchasing at the airport, revealing a fundamental change in airport retail dynamics, revealing a fundamental change in airport retail dynamics, said ‘Travel Retail Study in the Post-Pandemic Era', developed by ACI Asia Pacific and Middle East, in partnership with Auran and Steer."Duty-free has become the financial backbone of airports across Asia-Pacific and the Middle East, delivering a significant share of retail revenue and driving commercial performance at major hub," it said.Highlighting that in the Middle East, duty-free is not just important, it is central to airport economics; it said within total sale, the duty-free sales shares are consistently high across the region, with Qatar at 38%, followed by the UAE 36%, Bahrain at 34%, Saudi Arabia 31% and Oman 31%."The revenue dependence is even higher, around 60% in Saudi Arabia and Qatar, and over 50% across the UAE, Bahrain and Oman," said the study.The Middle East duty-free baskets favour confectionery and perfumes, while Asia-Pacific and Oceania hubs are more premium and alcohol-driven, it said, adding across Asia-Pacific and the Middle East, airport retail performance shows strong uniformity, with the same categories consistently leading sales.Luxury goods and perfumes and cosmetics rank as the top two categories in both regions, reinforcing airports as trusted destinations for premium, duty-free and gifting purchases. Electronics typically rank third, supported by pricing advantages and last-minute convenience, and together these top three categories generate the highest net margins for airports.Beyond the top tier, regional preferences emerge, with local products performing strongly in Asia-Pacific, while confectionery and impulse gifting categories show greater strength in the Middle East.As much as 56% of responding airports held their commercial revenue is now stronger than 2019 levels, it said, adding as much as 44% of airports also expect higher commercial revenue per passenger in the next 12 months.Referring to the UAE and Saudi Arabia; it said outbound travelers from these nations are now top spenders, characterised by high disposable income and a strong gifting culture."The strongest spenders today originate from China, India, the UAE, and Saudi Arabia, reflecting the specific traveller segments, trip purposes, and purchasing behaviours that these markets currently generate," it said.The study also points out that younger travelers are now driving spend, while passenger behaviour, rather than sheer traffic volumes, has become the defining factor of airport travel retail performance."Airports that align their commercial strategies with evolving passenger behaviour are better equipped to manage revenue volatility, sustain investment capacity, and remain competitive over the long term,” said Stefano Baronci, Director General of ACI Asia Pacific and Middle East.The study found Gen Zs (1997-2012) and Millennials (1981-1996) spend 3.5 times higher than Gen X (1965-80) & Boomers (1946-64).Gen Zs are four times more likely than Boomers to buy electronics, it said, adding Gen Zs are 2.5 times more likely than Boomers to buy luxury products and Boomers are 1.4 times more likely than Gen Z to buy confectionary products.

Supply gaps are distorting the hopeful view of the energy transition with several materials essential to energy and grid technology under significant strain. Even electricity’s best friend, copper, faces significant shortages and price swings. Mines and suppliers are struggling upstream to deliver components for the heightened grid load from massive AI data centre expansion, re-industrialization, and the global transportation transition from combustion vehicles to electric ones. There are five data centres throughout Qatar, with over $3 billion planned for more investment into their development. Doha, now like many cities across the world, is no stranger to this sudden electricity burden.This is one reason why the Qatar Investment Authority, working to fund energy development and climate goals, has taken a notable interest in copper supply, funding half a billion dollars to Ivanhoe Minerals only late last year. Qatar largely relies on imported recycled copper from the UAE, an unsustainable supply dependent on excess construction materials. Furthermore, recycled copper is not plentiful enough to meet the expected 50% surge in demand from current levels by 2030. In fact, by 2040, copper supply is expected to have a 24% deficit. Mines are expected to expand output, but little attention has been given to the suppliers who ship and manage the logistics of minerals trade worldwide. Traditionally, large commodity traders like Glencore and Trafigura, or national state-owned enterprises would provide this material, but new market entrants are now appearing — a nod to both innovation and the insatiable global demand for electricity components. Companies like BGN Group, traditionally known for its oil and gas business, and First Quantum Minerals, an expanding miner, have done just this. Two firms that play new and outsized roles in providing metals and critical minerals for the energy transition. Such suppliers sit at the heart of today’s energy transition. The triple shock to energy grids from data centres, re-industrialization spending, and EV adoption marks a major step in global electrification efforts. Electrifying transportation, heat generation, or food production, for example, may entail success for efficiency, but it also produces huge stress on the vectors of energy production. Copper is needed in large amounts, and investments are flowing in to facilitate greater output. BGN Group, based in Geneva and best known for its LPG and crude portfolios, recently announced the hiring of former Trafigura executive Claire Blanchelande to head its new global metals desk. This indeed marks a new phase for the expanding group as an agile metals and minerals supplier. Mining takes time and has little flexibility to anticipate the rapidly changing demands from AI-driven development or renewable energy innovations. Legacy mining companies like BHP or Glencore are also inhibited by regulatory and ESG constraints or shareholder dividends, which divest capital otherwise used for mining expansion. The stress in the system has led to strategic reconsiderations of alternative sourcing. For example, the Democratic Republic of the Congo (DRC) and Zambia hold major deposits of copper but are hard to access due to export and supply chain constraints, along with some questionable conduct from legacy players. There are a few midstream solutions along the supply chain that could mitigate the risks currently weighing down energy grids. Access to both the DRC and Zambia has expanded as regional peace and human rights concerns improves stability. This has brought improved infrastructure and more transparent export practices. For example, First Quantum Minerals, a Canadian company, has invested in local suppliers who can facilitate supply chain development in Zambia. This approach, however, remains slower than more vertically integrated supply solutions like BGN Group, which has been able to establish a commodities trading centre for the DRC, significantly enhancing export transparency for the region. Suppliers play an essential role in accelerating trade expansion and subsequent grid development. They can also cause hiccups in the whole process or counter climate goals. Firms have been accused of environmental violations, such as dumping toxic waste in the Ivory Coast, as well as market manipulation schemes which resulted in hefty fines.As copper buyers are desperate to begin developing their projects, they need to rely on trustworthy suppliers who can likewise act as clean brokers capable of upholding standards of transparency, consistency, and innovation. Flexibility in the supply chains continues to tighten up as demand rises. BGN Group stands out as one key supplier that has leveraged its original oil and gas partnerships to create innovative solutions in metals trading. It also provides hybrid shipping models in and out of African trade hubs meaning its fleet can access the broad range of deep, shallow, analogue or advanced port infrastructure on the continent. There is a logistics void that has weighed down supply-side development. Innovative companies that are also compliant with international legal standards, whether miners, suppliers, or utilities transmitters, will need to step in to avert the immense economic drag created by a copper supply gap through the next few decades. Without a healthy supply chain diversity, major players — whether states or corporations — will have unfettered control to step into and control the critical minerals sector. Along this vein, new and agile companies are vital for ensuring a diverse and energetic global market, ready to meet global energy demand.