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QNB's Corporate Social Responsibility (CSR) team organised a creative workshop for the children of its employees under the theme "Dream Big, Save Smart". The event marks World Savings Day, celebrated annually on October 31, in line with national development and sustainability goals.The initiative aims to instill sound savings and financial planning habits among children, according to the QNB's CSR programmes to promote financial literacy and financial inclusion among children and youth, contributing to building a knowledge-based economy and promoting sustainability according to QNV 2030.The workshop featured a packed programme of creative activities, including ‘Design Your Own Wooden Money Bank’; ‘Interactive Money Talk’ & ‘Budgeting Game’; and ‘Finance-Themed Colouring Wall’.During the event, young participants unleashed their creativity by turning their dreams into reality through creative thinking.

QatarEnergy had signed a 17-year Sales and Purchase Agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1mn tons per year (MTPY) of liquefied natural gas (LNG) to India.Pursuant to the terms of the SPA, the contracted LNG volumes will be delivered ex-ship to terminals in India, starting in 2026.Commenting on this occasion, His Excellency the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, who is also the President and CEO of QatarEnergy, said: “We are delighted to extend our valued partnership with GSPC through this long-term SPA, which highlights our continued commitment to supporting India’s growing energy needs.”Minister Al-Kaabi added: “This collaboration not only reinforces the enduring ties between our two companies but also contributes to India’s vision of enhancing its energy security and transitioning towards a cleaner energy mix. QatarEnergy remains committed to delivering safe and reliable LNG supplies to support India in its endeavors.”The SPA between QatarEnergy and GSPC builds on their first long-term LNG supply agreement signed in 2019.It also reflects the continued confidence and trust between the two organisations and underscores their shared vision for a sustainable energy future and the strengthening of bilateral cooperation.This agreement reflects QatarEnergy’s ongoing dedication to strengthening global partnerships, promoting cleaner energy solutions, and supporting the economic development goals of key markets worldwide.

Qatar’s Ministry of Commerce and Industry (MoCI) achieved a major milestone by reducing the time required to establish a company in the country to two days.After a meeting chaired by HE the Minister of Commerce and Industry, Sheikh Faisal bin Thani bin Faisal al-Thani to review the performance of the Ministry of Commerce and Industry in the third quarter, MoCI noted, “The number of active commercial licences rose by 6.79%. Additionally, 4,631 new non-Qatari companies were established.” The meeting reviewed the key achievements of the third quarter and discussed detailed performance indicators across the ministry’s sectors and administrative units.Participants also examined existing challenges and proposed solutions to strengthen the implementation of plans and programmes, improve efficiency, and enhance institutional performance and service quality.The meeting was attended by HE the Undersecretary at the Ministry of Commerce and Industry, Mohammed bin Hassan al-Malki besides senior officials.MoCI said the Commercial Affairs Sector demonstrated significant progress across its key performance indicators. The number of new commercial registrations increased by 81.5% compared to the same period in 2024, while active main and subsidiary registrations grew by 18.1%.It said the ‘Single Window’ platform added five new electronic services in the third quarter, bringing the total to 13 since the beginning of 2025.It processed 72,500 transactions, 89% of which were submitted electronically, achieving a customer satisfaction rate of 94%.In the Industrial and Business Development Sector, the contribution of manufacturing industries to GDP reached QR13.44bn in the second quarter and QR26.84bn in the first half of 2025.During the third quarter, some 30 factories were evaluated under the Smart Industry Readiness Index.During the same period, the Ministry enhanced collaboration with the private sector to identify and address challenges, resolving 35% of reported issues.As many as 12 PPP projects were studied during the year—three more than in the previous quarter—while four new projects were launched and one awarded in the third quarter.The Consumer Affairs Sector also recorded “positive” results, MoCI said.The number of specialised licences issued increased by 30.87% compared to the third quarter of 2024, with the issuance period reduced to one day.Processing times for pricing requests of goods and services also decreased compared to previous quarters.The number of ration card beneficiaries rose by 2.61%, and the number of fodder distributors increased by 96.9% year-on-year.MoCI reviewed the safety levels and strategic reserves of essential commodities and fodder, and successfully resolved more than 8,000 consumer complaints.At the market monitoring level, MoCI conducted 73,747 inspection campaigns across all administrative units, underscoring its commitment to market regulation and consumer protection.The meeting highlighted several notable achievements, including the entry into force of the Trade and Economic Partnership Agreement between Qatar and Türkiye on August 1, aimed to reinforce mutual trade relations and ease investment restrictions. The Ministry also launched an electronic platform for public-private partnership (PPP) projects and introduced 20 new e-services spanning specialised licensing, market monitoring, competition protection, consumer protection, and combatting commercial fraud.During the third quarter, the Ministry rolled out the Single Window’s ‘Sharikati’ on mobile application, alongside a voluntary review programme for merger and acquisition projects. The Ministry also secured first place and received the Golden Award in the 11th National Cyber Drill.Other key developments included merging the land, sea and air freight activities under a single commercial registration, introducing a temporary commercial licence for service providers in the Sealine area, publishing the updated Industrial Sectors Directory, and issuing a comprehensive guide on trade name procedures.MoCI also organised the Public–Private Dialogue Forum, strengthened its strategic partnership with the Korean Intellectual Property Office, and exempted certain categories of citizens from fees for the issuance or replacement of ration cards.HE Sheikh Faisal emphasised the importance of maintaining a results-driven, efficiency-based approach, advancing digital transformation, and continuously improving services to enhance the competitiveness of national economy in line with the goals of Qatar National Vision 2030.

Qatar remained the top LNG exporter among GECF countries and was among the top three in the world (as of September this year), latest report by the forum has shown. According to Gas Exporting Countries Forum (GECF), Qatar recorded higher LNG exports, supported by stronger output from the Ras Laffan LNG facility, which operated above its nameplate capacity. From January to September, aggregated GECF LNG exports moved marginally higher by 0.1% (0.2mn tons) y-o-y to reach 143.79mn tons, GECF noted. In September, LNG exports from GECF Member and Observer Countries fell by 6.3% (1.03mn tons) y-o-y to 15.17mn tons reversing four consecutive months of annual growth. The decline was most pronounced in Algeria, Nigeria, Peru and Russia, while Qatar recorded a sharp increase in its LNG exports. In Algeria, Nigeria, and Peru, reduced feedgas availability contributed to the decline in LNG exports. In Algeria, upstream maintenance activities curtailed feedgas supply, resulting in lower LNG output. In Nigeria, pipeline maintenance is believed to have constrained feedgas flows to liquefaction facilities. Meanwhile, Russia’s lower LNG exports originated from the Portovaya, Vysotsk, and Yamal LNG plants. In September 2025, LNG exports from non-GECF countries continued to grow sharply, rising by 14% (2.41mn tons) y-o-y to reach 19.36mn tons. Canada, Papua New Guinea and the US drove the strong increase in LNG exports, offsetting a drop from Australia. In Canada, the growth in LNG exports was supported by the ramp-up of production at the LNG Canada facility. Meanwhile, lower maintenance activity drove Papua New Guinea’s LNG exports higher. In the US, higher exports were attributed to increased output from the Corpus Christi LNG Phase 3 and Plaquemines LNG facilities, due to ramp-up in production at both facilities, alongside reduced maintenance activity at the Calcasieu Pass LNG facility. Conversely, Australia’s LNG exports declined due to maintenance-related reductions at the APLNG and Ichthys LNG facilities. Between January and September, cumulative LNG exports from non-GECF countries surged by 8.7% (13.90mn tons) y-o-y to reach 173.21mn tons. In September, global LNG re-exports moved slightly higher by 13% (0.02mn tons) y-o-y to reach 0.20mn tons. China drove the increase in LNG re-exports offsetting weaker re-exports from Indonesia and the United States Virgin Islands (USVI). Weak LNG demand in China supported LNG re-export activity, with one cargo each sent to Japan and South Korea in September, compared to no LNG re-exports in September 2024. In Indonesia, the decline in LNG re-exports may reflect subdued regional demand, as only one small-scale LNG cargo was re-exported for domestic trade in September 2025, whereas a year earlier, a large-scale cargo was re-exported to South Korea. Meanwhile, the drop in LNG re-exports from the USVI is attributed to the regular LNG trade between the US and Puerto Rico, which continues to shift volumes away from re-export channels. From January to September, aggregated global LNG re-exports grew by 9.0% y-o-y (0.20mn tons) reaching 2.46mn tons, driven mainly by Brazil, China, Indonesia and Singapore. Ends

QNB Group has been awarded the “Best Data Protection Innovation of the Year 2025” at the 11th Middle East Enterprise AI & Analytics Summit held recently in Doha, for the second consecutive year, which highlights QNB’s advanced use of technology to strengthen data protection and compliance with privacy regulations.The award recognises organisations that demonstrate exceptional innovation in utilising technology to enhance data protection practices. QNB was honoured for its cutting-edge approach to ensuring secure data management, safeguarding customer information, and maintaining the highest international standards of data privacy.The independent jury panel highlighted QNB’s continuous investment in technological advancement and innovation, which has positioned the bank as a regional leader in data governance, privacy and compliance.This recognition reflects QNB Group’s unwavering commitment to protecting its customers’ data and build trust through advanced technologies and robust privacy frameworks. QNB’s data protection strategy forms part of its broader digital transformation roadmap, which emphasises leveraging AI and analytics to deliver secure, efficient, and customer-centric banking experiences.

QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40% participating interest in the North Rafah exploration block, offshore Egypt.The agreement, recently approved by the Government of Egypt, grants QatarEnergy a 40% stake in the offshore concession, with Eni (the Operator) retaining the remaining 60% interest.Commenting on this agreement, His Excellency the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, who is also the President and CEO of QatarEnergy, said: “We are pleased with our new position in the North Rafah offshore block, which further strengthens our presence in Egypt and marks another important step in advancing our ambitious international exploration strategy.”Minister al-Kaabi added: “We extend our thanks to the Ministry of Petroleum and Natural Mineral Resources in Egypt, and our partner Eni for their valued support and cooperation. We look forward to working together to achieve our exploration objectives.”The North Rafah offshore block is located in the Mediterranean Sea, off the northeastern coast of Egypt.It spans nearly 3,000 square kilometers in water depths of up to 450 meters.

QatarEnergy’s particulate matter (PM) emissions last year decreased by 25% compared to 2023, mainly due to lower overall flaring, the energy major said in its latest Sustainability Report. Volatile organic compound (VOC) emissions in 2024 decreased to 2.4 thousand metric tons, compared to 2.8 thousand metric tons reported in 2023, QatarEnergy said. This decrease, it said, was primarily driven by lower overall flaring compared to the previous year. Nitrogen oxides (NOx) emissions in 2024 remained relatively flat at 10.9 thousand metric tons, compared to 11.4 thousand metric tons reported in 2023, it said. QatarEnergy initiatives to reduce air emissions include: Company-wide (Leak Detection and Repair) LDAR programme, now in its third year, successfully monitors close to 600,000 components for fugitive emissions in operated assets on an annual basis. Progressing on zero offshore routine flaring by 2030, while also identifying and mitigating onshore emission sources. Improvements in flare management process at Dukhan through improved measurement and reporting of flaring data, while developing action plans for flaring mitigation. Progressing on emissions reduction projects including the NGL-5 plant in MIC and crude oil stabilisation at Halul Island. Both projects are being designed for zero routine flaring, supporting air emissions reduction associated with its production activities. Company-wide GHG emissions management and energy efficiency study cover onshore and offshore operated operations. The opportunities identified by the study are also expected to help improve air quality by reducing non-GHG air pollutants. To monitor maritime emissions at Ras Laffan Port, QatarEnergy is acquiring a system to measure emissions from marine vessels. VOC and JBOG facilities are being developed at new berths to reduce fugitive emissions and flaring in product loading operations at the port. QatarEnergy said it is also developing plans to install a new gasoline production facility in Ras Laffan to produce Euro V specification gasoline. The project aims to primarily meet local fuel demand and the stringent product specifications will support improved local air quality by reducing SO2, NOx, and particulate matter emissions from vehicles. It is also relocating a gasoline and jet fuel storage facility in Doha to MIC to support local air quality improvements in a central urban area. Ends

Qatar shipped 25 more LNG cargoes in the first nine months of this year compared to 9M 2024, according to Gas Export Countries Forum (GECF).In its latest monthly report, GECF noted that the United States shipped 181 more cargoes during the period compared to 9M 2024.In September, some 507 LNG cargoes were exported globally, which were six fewer shipments than one year ago, as well as 30 fewer shipments than in the previous month.In the first three quarters of 2025, total cargo exports reached 4,771, which was 54 more than during the same period in 2024, GECF notedDuring these months, 46% of LNG cargoes exported originated from GECF countries, led by Qatar, Malaysia and Russia, the report said.In September, global LNG exports rose by 4.2% y-o-y (1.40mn tonnes) to reach 34.91mn tonnes, marking the slowest pace of growth since June this year.The increase was primarily driven by non-GECF countries, and to a lesser extent from LNG re-exports, which offset weaker LNG exports from GECF Member Countries.Between January and September, cumulative global LNG exports grew by 4.7% y-o-y (14.31mn tonnes) to reach 319.46mn tonnes.This growth was supported by stronger LNG exports from non-GECF countries and a modest uptick in LNG exports from GECF Member Countries and re-export activity.The share of LNG exports from non-GECF countries continued to rise, increasing from 50.6% in September 2024 to 55.4% in September this year.Similarly, the share of LNG re-exports moved slightly higher from 0.5% to 0.6%.In contrast, the share of GECF Member Countries declined over the same period, falling from 48.9% to 44%.“The US, Qatar, and Australia remained the top three LNG exporters,” GECF noted.In September, LNG exports from GECF Member and Observer Countries fell by 6.3% (1.03mn tonnes) y-o-y to 15.17mn tonnes reversing four consecutive months of annual growth.The decline was most pronounced in Algeria, Nigeria, Peru and Russia, while Qatar recorded a sharp increase in its LNG exports.In Algeria, Nigeria, and Peru, reduced feedgas availability contributed to the decline in LNG exports.In Algeria, upstream maintenance activities curtailed feedgas supply, resulting in lower LNG output.In Nigeria, pipeline maintenance is believed to have constrained feedgas flows to liquefaction facilities.Meanwhile, Russia’s lower LNG exports originated from the Portovaya, Vysotsk, and Yamal LNG plants.Conversely, Qatar recorded higher LNG exports, supported by stronger output from the Ras Laffan LNG facility, which operated above its nameplate capacity.From January to September, aggregated GECF LNG exports moved marginally higher by 0.1% (0.20mn tonnes) y-o-y to reach 143.79mn tonnes, GECF noted.

HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi has reaffirmed Qatar’s commitment to co-operate with member states “to promote natural gas as a primary vehicle to achieve access to cleaner energy.” He was addressing the opening session of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha yesterday. HE al-Kaabi, who headed Qatar’s delegation to the meeting, said: “We must be clear in our opposition to trade barriers and discriminatory measures that disadvantage energy products, especially natural gas.” The minister also affirmed that “despite geopolitical tensions and faltering climate policies, the outlook for natural gas – and particularly LNG – is positive. It is driven by economic growth in Asia, a growing desire for cleaner and more economic sources of energy, and booming power demand from data centres and artificial intelligence.” The ministerial meeting tackled a number of issues of importance to the mission of the Forum particularly with regards to the role of natural gas in the ongoing energy transition. The Gas Exporting Countries Forum is a gathering of the world’s leading gas exporting countries. It aims to build a mechanism for a more meaningful dialogue between gas producers and consumers to ensure stability and security of supply and demand in global natural gas markets. Meanwhile, HE al-Kaabi met Karim Badawy, Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt in Doha yesterday. Discussions during the meeting, which was held on the sidelines of the Gas Exporting Countries Forum (GECF) Ministerial Meeting, covered energy relations and co-operation between Qatar and Egypt and means to enhance them, as well as issues related to the forum.

The Gas Exporting Countries Forum (GECF) has expressed deep concern regarding the potential imposition of unilateral restrictive measures and regulations with extraterritorial effect.These include the EU Methane Emission Regulation (EU MER), the Corporate Sustainability Due Diligence Directive (EU CSDDD) and the Carbon Border Adjustment Mechanism Regulation (EU CBAM), which impose obligations that are in many cases inconsistent with the principles and requirements of the United Nations Framework Convention on Climate Change, the Paris Agreement and the World Trade Organisation.GECF in a statement issued at a press conference on the sidelines of the 27th GECF Ministerial Meeting welcomed the establishment of the GECF Ad Hoc Working Group on the EU MER, EU CSDDD and EU CBAM.It reaffirmed the importance of multilateralism and co-operation to achieve the SDGs and address climate change in an orderly, just and inclusive manner, leaving no one behind.Commended member countries for their efforts in reducing methane emissions and routine gas flaring within the framework of their Nationally Determined Contributions (NDCs) in light of their national circumstances and capabilities.GECF supported the deployment of advanced technologies, especially carbon capture, utilisation and storage (CCUS).The forum stressed the critical importance of safeguarding national and cross-border gas infrastructure from natural disasters, technological incidents, terrorist attacks and cyber threats to ensure uninterrupted supply and market stability.It recognised the growing importance of digital technologies in enhancing operational efficiency, transparency, and safety across the natural gas value chain, and encouraged member countries to invest in data analytics, AI-driven tools, and smart infrastructure to optimise resource management.Commended the GECF Secretariat for its dedication to expanding membership, fostering constructive dialogue with key stakeholders, delivering high-quality studies and publications, and enhancing the GECF global visibility.Commended the progress of the GECF Gas Research Institute and encouraged further collaboration in research, innovation, and technology transfer.GECF said it is committed to fostering the next generation of energy professionals through training programmes, academic partnerships, and knowledge exchange initiatives.The forum expressed support for GECF’s active participation in COP30 and reaffirmed the GECF role in advocating for natural gas as a key contributor to achieving climate goals and sustainable development.It highlighted the significant role of natural gas in advancing access to clean cooking and underscored in this regard the importance of enhancing co-operation in this area and in developing related infrastructure.And affirmed the importance of inclusive policies that promote greater participation in the energy sector and supported programmes that empower people, notably women and youth, through education, employment, and leadership opportunities in the gas industry.GECF welcomed the proposal to convene the 8th GECF Summit of Heads of State and Government and the 28th GECF Ministerial Meeting in 2026 in Moscow.The forum expressed its profound appreciation and gratitude to Mohamed Hamel, the outgoing Secretary-General of the GECF, for his dedicated service, exemplary leadership, and substantial contributions to advancing the GECF objectives during his tenure, and commended his efforts to strengthen co-operation among member countries, expand the Forum’s membership, promote the role of natural gas globally, and enhance the international visibility of the GECF.The forum also congratulated Dr Philip Mshelbila as the newly appointed Secretary General of the GECF and expressed support for his successful tenure.

His Excellency the Minister of State for Energy Affairs, Saad Sherida al-Kaabi has reaffirmed Qatar’s commitment to cooperate with members states “to promote natural gas as a primary vehicle to achieve access to cleaner energy.”He was addressing the opening session of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha today.Al-Kaabi who headed Qatar’s delegation to the Meeting said: “We must be clear in our opposition to trade barriers and discriminatory measures that disadvantage energy products, especially natural gas.”Al-Kaabi also affirmed that “despite geopolitical tensions and faltering climate policies, the outlook for natural gas - and particularly LNG - is positive. It is driven by economic growth in Asia, a growing desire for cleaner and more economic sources of energy, and booming power demand from data centers and artificial intelligence.”**media[372560]**The ministerial meeting tackled a number of issues of importance to the mission of the Forum particularly with regards to the role of natural gas in the ongoing energy transition.The Gas Exporting Countries Forum is a gathering of the world’s leading gas exporting countries. It aims to build a mechanism for a more meaningful dialogue between gas producers and consumers to ensure stability and security of supply and demand in global natural gas markets.

Lithium batteries — whether in laptops, smartphones, power banks, or e-cigarettes — pose serious safety risks when carried by air passengers, especially if mishandled or packed incorrectly.Two recent incidents involving lithium batteries catching fire on passenger flights in India and China have raised fresh concerns over airline safety.With fires occurring in both seat pockets and overhead bins, questions are emerging about whether even cabin storage is fully secure for electronic devices.Lithium batteries, commonly found in phones, laptops, and power banks, can overheat or spontaneously combust if damaged or short-circuited.These risks led aviation regulators worldwide to ban lithium batteries in checked baggage in 2016, after a series of cargo fires.Airlines now advise passengers to carry such devices in the cabin, where crew members can respond immediately in case of a fire.However, recent fires on airline cabins raise questions about passenger safety, as even cabin storage is not completely risk-free.The Federal Aviation Administration (FAA) has logged dozens of fires this year alone involving phones, laptops, e-cigarettes, and power banks, all legal to carry on board.The FAA has recorded over 450 lithium battery-related incidents on US aircraft (2010–2024) — roughly one every week worldwide when including unreported cases.Most incidents involve power banks, e-cigarettes, and laptops in cabin baggage.With risks present in both the cargo hold and the cabin, the challenge of safely transporting lithium batteries remains a pressing concern for airlines and passengers alike.Meanwhile, the risk of on-board fires triggered by power banks is now prompting airlines to update guidelines on how passengers can use them in flight, and urge customers to keep battery-powered accessories within reach for better vigilance.The shifting policy on power banks comes as UAE airline Emirates recently imposed an outright ban on their use on its fleet and restricted the number that can be brought on-board to one.With air travel rebounding and technology playing a more significant role in everyday life, passengers are obviously flying with more battery-powered devices than ever.In response to this growing trend, the International Air Transport Association (IATA) has launched a global campaign titled ‘Travel Smart with Lithium Batteries’ to improve awareness and safety practices related to carrying lithium-powered devices onboard aircraft.“Lithium-powered devices are safe when handled properly, but they can pose a risk if damaged or packed incorrectly,” said Nick Careen, IATA’s senior VP, Operations, Safety and Security.Careen noted, “As more travellers fly with these devices, our campaign will help airlines educate their passengers on the simple rules they must keep in mind when travelling with the electronic devices that have become an essential part of their daily lives.”Industry experts say lithium batteries can catch fire or explode if damaged, short-circuited, or exposed to heat.A damaged or defective cell can enter thermal runaway — a chain reaction where the battery overheats uncontrollably and ignites nearby cells.In an aircraft, this can quickly spread smoke and fire in a confined space, posing a major threat to passengers and crew.Batteries packed in checked luggage are inaccessible during flight, so a fire in the cargo hold could go undetected.For this reason, most airlines now prohibit spare lithium batteries in checked baggage — they insist that these must be carried in cabin luggage.Modern lithium batteries store large amounts of energy in compact form. When this energy is suddenly released (eg, by puncture, overcharging, or manufacturing defect), experts say, it can cause violent ignition or explosion.Cheap or counterfeit lithium batteries, which are flooded in the market, often lack proper safety features (like thermal protection or venting).These are much more prone to failure and are a common source of in-flight incidents, experts point out.Lithium batteries, though indispensable, must be handled with utmost care to prevent in-flight fires and protect passengers and crew. Therefore, adherence to safety guidelines and proactive awareness remain essential to mitigating these risks.Pratap John is Business Editor at Gulf Times. X handle: @PratapJohn.

Qatar and the United States of America have sent an open letter to the Heads of State of European Union (EU) Member States expressing deep concern at the Corporate Sustainability Due Diligence Directive (CSDDD), and its unintended consequences for LNG export competitiveness and the availability of reliable, affordable energy for EU consumers.The letter signed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, and US Secretary of Energy, Chris Wright, stressed that the CSDDD, as it is worded today, “poses a significant risk to the affordability and reliability of critical energy supplies for households and businesses across Europe and an existential threat to the future growth, competitiveness, and resilience of the EU’s industrial economy.”Secretary Wright and Minister al-Kaabi noted that CSDDD provisions “pose significant challenges and seriously undermine the ability of the American, Qatari, and broader international energy community to maintain and expand their partnerships and operations within the EU.”“It is our genuine belief, as allies and friends of the EU, that the CSDDD will cause considerable harm to the EU and its citizens, as it will lead to higher energy and other commodity prices, and have a chilling effect on investment and trade,” the letter added.Minister al-Kaabi and Secretary Wright called on the EU and its Member States to act swiftly to address these legitimate concerns, either by repealing the CSDDD in its entirety or removing its most economically damaging provisions.Following is the full text of the letter signed and issued by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, and US Secretary of Energy, Chris WrightAn open letter to the Heads of State of European Union (EU) Member StatesDear Leaders of European Union Member States,We write to you today at a pivotal moment for the EU’s energy security and economic competitiveness. As two of its most trusted partners and the world’s leading LNG producers, we reaffirm our deep commitment to supporting the EU’s prosperity and stability.We write in this spirit, united in our views, to express our deep concern over the continued lack of action to address the universally acknowledged, serious, and legitimate concerns raised by the global business community regarding the Corporate Sustainability Due Diligence Directive (CSDDD). Particularly its unintended consequences for LNG export competitiveness and the availability of reliable, affordable energy for EU consumers.Over the past year, our two countries have engaged in constructive dialogue with representatives from numerous EU governments regarding the contents of the CSDDD, offering specific recommendations to avoid the unintended consequences we have previously raised. While we appreciate the efforts of those Member States that have welcomed dialogue, the broader lack of substantive engagement on these critical issues is deeply concerning, especially given the far-reaching implications of the legislation.We have consistently and transparently communicated how the CSDDD, as it is worded today, poses a significant risk to the affordability and reliability of critical energy supplies for households and businesses across Europe and an existential threat to the future growth, competitiveness, and resilience of the EU’s industrial economy. It is our genuine belief, as allies and friends of the EU, that the CSDDD will cause considerable harm to the EU and its citizens, as it will lead to higher energy and other commodity prices, and have a chilling effect on investment and trade.It is of great concern that none of these issues have been properly addressed in the alternative texts that have been formally adopted to date by the European Council and the European Parliament, in response to the Omnibus package proposed in February 2025 by the European Commission. The Omnibus, whose stated purpose was to simplify the requirements of the CSDDD to make it workable for both EU and non-EU companies wishing to invest and continue to conduct business in the EU, falls grossly short of its aspirations.The EU and its Member States must now act swiftly to address these legitimate concerns, either by repealing the CSDDD in its entirety or removing its most economically damaging provisions. In particular, we urge reconsideration of:Article 2, on the Directive’s extraterritorial application;Article 22, on transition plans for climate change mitigation;Article 27, on penalties;Article 29, on civil liability of companies.Together, these provisions pose significant challenges and seriously undermine the ability of the American, Qatari, and broader international energy community to maintain and expand their partnerships and operations within the EU. This comes at a critical moment when our countries and companies are striving not only to sustain but to significantly increase the reliable supply of LNG to the EU in line with European Strategic aspirations. There is little debate that natural gas and LNG will remain a critical energy source and a key part of the EU’s energy mix for many decades to come.Beyond the direct energy security risks, the CSDDD also threatens to disrupt trade and investments across nearly all the EU’s partner economies. Its implementation could jeopardize existing and future investments, employment, and compliance with recent trade agreements.These concerns are widely shared among the global business community; they extend far beyond the energy sector and are not limited to the United States and Qatar. Prominent European companies and industry associations have likewise voiced serious reservations about the Directive’s implications for the EU’s economic resilience and energy security. Indeed, the CEOs of 46 major European companies recently called for the CSDDD’s repeal, emphasizing that such action would send a “clear and symbolic signal to European and international companies that governments and the Commission are truly committed to restoring competitiveness in Europe.”The EU now faces a defining choice to uphold its commitment to providing citizens, industries, and economies with affordable, reliable energy, preventing further de-industrialization and preserving the EU’s competitiveness and global relevance. As key allies and major suppliers of LNG and other energy products to the EU, both the United States and Qatar are deeply invested in the EU’s continued success and stability.We urge EU leaders to take immediate, decisive action by reopening substantive dialogue with your global partners, including the United States and Qatar, and the wider international business community, to address these critical provisions in the CSDDD. Such engagement is essential to ensuring a balanced, pragmatic, and workable approach that safeguards the EU’s energy security, long-term competitiveness, and the prosperity of its citizens.The United States and Qatar remain steadfast in our commitment to the EU’s continued success, and we stand together as willing and constructive partners in this endeavor. As we have consistently conveyed, we are ready to assist you in ensuring that regulations such as the CSDDD do not inadvertently hinder the ambitions of the EU’s people and industries.The citizens of your Member States rightly expect their leaders to confront these challenges with seriousness, responsibility, and resolve. We remain ready to engage in constructive dialogue on these and other matters at your convenience.

Qatar Airways and Kenya Airways have announced the launch of codeshare flights to some 19 destinations, with more set to be added in the near future. Kenya Airways customers can book codeshare flights between Nairobi and Doha, as well as to 10 destinations connecting through Hamad International Airport.Similarly, Qatar Airways customers now have access to eight destinations in Kenya Airways’ network, connecting through three daily flights between Doha and Nairobi. Passengers will be able to travel on these codeshare flights from October 26. Flights will be available for sale starting tomorrow, October 21. Qatar Airways Chief Commercial Officer, Thierry Antinori, said: “We are pleased with the significant progress made in just a few months since the partnership initiated with Kenya Airways, and this enhancement is a testament of the collaborative efforts, which further strengthens our presence in Kenya and the African continent. “The recent addition of Qatar Airways’ third daily flight to Nairobi also serves as another cornerstone of this partnership that is driven by strong demand from passengers seeking reliable and seamless connectivity.”Kenya Airways Chief Commercial and Customer Officer, Julius Thairu, said: "We are excited to embark on this new chapter of our partnership with Qatar Airways. This partnership will significantly enhance connectivity especially across Africa, the Middle East, and Asia, expanding our flight offerings, and opening up a world of new destinations for our customers to explore. Together with Qatar Airways, we are dedicated to providing our customers with easy access to a variety of destinations, paired with better connectivity and a seamless travel experience."Today’s announcement enables Qatar Airways to continue expanding its footprint within the African continent, providing passengers from more than 170 destinations across the globe with easier access to key leisure and business destinations served by Kenya Airways, including Lilongwe, Livingstone, Juba, Nampula, Ndola, and Victoria Falls.Similarly, Kenya Airways passengers will now be able to connect to multiple destinations in 10 countries across Asia and the Middle East through Hamad International Airport. These destinations include Bahrain, Colombo, Islamabad, Karachi, Malé, Singapore, and Tokyo Narita.Additionally, Qatar Airways 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 collaboration will include network development, cargo, aircraft maintenance, repair, and overhaul.Kenya Airways codeshares on Qatar Airways routesBahrain, Colombo (Sri Lanka), Doha, Dhaka (Bangladesh), Islamabad and Karachi (Pakistan), Kuala Lumpur (Malaysia), Malé (Maldives), Muscat (Oman), Singapore, and Tokyo Narita (Japan).Qatar Airways codeshares on Kenya Airways routesAbidjan (Côte d'Ivoire), Accra (Ghana), Addis Ababa (Ethiopia), Lilongwe (Malawi), Livingstone (Zambia), Juba (South Sudan), Nampula (Mozambique), and Victoria Falls (Zimbabwe).

QatarEnergy aims to scale its carbon capture and storage capacity to 7–9 million tonnes per year (mtpy) by 2030 and over 11 mtpy by 2035.Carbon capture, utilisation, and storage (CCUS) is central to QatarEnergy’s lower-carbon strategy.So far, QatarEnergy has successfully deployed 2.2 mtpy of CCS capacity in Qatar, capturing CO2 from feed gas used in LNG trains and sales gas assets, contributing to lower-carbon LNG exports.“Since the inception, we have successfully captured and stored around 7.5mn metric tonnes of CO2,” QatarEnergy noted in its latest Sustainability Report.QatarEnergy’s North Field East (NFE), North Field South (NFS), and North Field West (NFW) expansion projects will be integrated with CCS infrastructure, targeting total capacity of over 5.5 mtpy once fully operational.Other CCUS plans include expanding CCS capacity at existing LNG trains, capturing CO2 in the production of lower-carbon ammonia, studying post-combustion carbon capture at gas-fired turbines, further design modifications of the existing CCS infrastructure to increase the annual injection capacity closer to its design limits and developing infrastructure to pilot utilisation of captured CO2 from RLIC for enhanced oil recovery (EOR) project in Dukhan.Key CCUS developments in 2024 included QatarEnergy LNG North and South CO2 Capture Project and CO2 Export Pilot Project.In respect of QatarEnergy LNG North and South CO2 Capture Project, it aims to capture around 4MTPY of CO2 from the existing LNG facilities by compressing and injecting it via six wells within RLIC by 2030.CO2 Export Pilot Project: This project will transfer captured CO2 from QatarEnergy LNG facilities in RLIC to Dukhan for EOR.The captured CO2 will be dehydrated, compressed, and transported via a new 154 kilometers pipeline to Dukhan.The pilot project is part of QatarEnergy’s long-term strategy for the redevelopment of Dukhan fields that will contribute to the recovery of additional crude.The pilot project is expected to last for five years, and after the completion of a successful pilot phase a full field development is planned for the other parts of Dukhan.The project will directly reduce CO2 emissions because some of the injected CO2 will remain in the reservoir after injection. The project is expected to start before the end of 2027.“Efforts continued to support the development of a CCUS framework and standards for Qatar, ensuring a robust and scalable approach to reducing emissions,” QatarEnergy noted.

Marquee events such as 2022 FIFA World Cup in Qatar and multiple Formula 1 race weekends, have elevated region’s global profile, according to PwC Middle East reportThe GCC has established itself as a global stage for major sporting events – and now stands to capture a share of the $2tn global sports tourism market by 2030, a PwC Middle East report has shown.Marquee events such as the 2022 FIFA World Cup in Qatar and multiple Formula 1 race weekends, have elevated the region’s global profile, it said.A new PwC Middle East report, ‘Game on for the GCC – Turning sporting ambition into lasting tourism impact’, reveals how the region can convert its success in hosting global sporting events into a long-term driver of economic growth, job creation and global visibility.The study finds that while GCC countries have established themselves as a premier host of global tournaments, the next phase of growth lies in creating experience-led destinations, immersive fan journeys and a connected regional ecosystem that keeps visitors returning throughout the year.Globally, sports tourism now accounts for 10% of global tourism spend and is projected to exceed $2tn by 2030, growing at a compound annual rate of 17.5%.In the Middle East, the wider sports sector contributes around $600bn, expanding at nearly 9% each year. Between 2023 and 2025, the region hosted a series of international tournaments, esports competitions and wellness festivals, supported by major state-backed investment.Saudi Arabia’s sports market is expected to triple to $22.4bn by 2030, creating some 39,000 jobs and adding $13.3bn to its GDP.The report illustrates that the next wave of opportunity lies in building experience-led destinations, immersive fan journeys and a connected regional ecosystem that encourages visitors to return throughout the year.PwC research estimates that the region currently accounts for just 5-7% of global sports tourism spend, leaving significant room for growth.Three priorities will define the next phase:• Designing experience-led sports destinations that blend sport, retail, leisure and culture to attract longer stays and higher visitor spending• Enhancing immersive fan engagement through digital innovation and storytelling. Multi-day festivals, digital platforms, and cultural integration can turn visitors into active participants and repeat tourists• Building a connected GCC-wide sports tourism ecosystem, linking events, destinations and talent across borders through easier travel, and unified marketing.Peter Daire, Senior Executive Adviser, PwC Middle East noted, “The GCC has already shown it can host the world’s biggest events. The next step is to turn that success into lasting impact, building destinations that attract fans year-round through richer experiences, smarter digital engagement and stronger regional links. This will define the next chapter of global sports tourism.”The report also calls for greater investment in women’s sports, sport leisure and workforce development, alongside enhanced use of existing venues to extend impact beyond flagship events.With over 60% of the region’s population under 35, the study underscores the importance of digital innovation and youth engagement in shaping the future of sports tourism.By moving from hosting to experience creation, data shows the GCC can position itself as one of the world’s most dynamic, connected and resilient sports tourism regions, where fans, athletes and travellers have a reason not just to visit, but to return.

His Excellency the Minister of Finance Ali bin Ahmed al-Kuwari participated in the meeting of Finance Ministers, Central Bank Governors, and Heads of Regional Financial Institutions from the Middle East, North Africa, Afghanistan, and Pakistan. The meeting was chaired by Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), and was held on the sidelines of the IMF and World Bank Group Annual Meetings, now being held in Washington, DC. The meeting discussed key strategic issues related to economic growth in the region, in addition to future outlooks and fiscal policy requirements to combat inflation. It also addressed sustainable financing strategies, ways to stimulate economic growth, and the promotion of innovation in financial development.Regional and global challenges were also reviewed, particularly the risks of rising inflation rates and food insecurity. The participants stressed the importance of continuing efforts to adapt to the current financial and economic developments.The meeting was held within the framework of enhancing regional cooperation and the exchange of insights among financial and economic policymakers, with the aim of supporting economic stability and achieving sustainable development across the region.

The rising cost of air travel, post-pandemic, across all major markets with the exception of China, has been largely driven by consumer price inflation and reduced airline competition in some key sectors.A recent study has shown the Asia-Pacific and Middle East regions witnessed the “sharpest” airfare increase, since mid-2019.Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade association representing airports, recently released the 2025 edition of the ‘Airfare Trends for the Asia-Pacific and Middle East’ regions, highlighting the rising cost of air travel.The analysis, developed with the assistance of Flare Aviation Consulting, highlighted markets that have experienced notable increases in airfares and examined factors behind this surge across two of the world’s most dynamic aviation regions.Despite substantial recovery of passenger traffic, across the region, an increasing trend is witnessed from H1-2019 to 2025, in contrast to the decreasing pattern observed during pre-pandemic years. The surge is largely driven by inflation (CPI) and reduced airline competition in some key sectors.Asia-Pacific region has witnessed an average +8% increase in H1, 2019 to 2025 as compared to an average -18% decrease observed during H1-2014 to H1-2019.However, the increase reported over the first half of the current year has been much more acute at country level, especially in the Oceania and Asean regions.Middle East has seen a 15% surge in H1-2019 to 2025 as compared to an average -9% decrease observed during H1-2014 to 2019.The report once again proves the marginal role of airport charges in driving the changes in airfares. Airport charges and turnaround costs (including government taxes) have generally increased below CPI levels.Interestingly, in markets where airport charges have moderately decreased, airfares have continued their upward momentum.Key findings of the study indicate airfares have surged across all markets, except China. Southeast Asia and Oceania experienced the highest increases, with airfares rising 20% and 30% above pre-pandemic levels, respectively.It shows Oceania is the most expensive region for air travel while India and China are currently below the regional average in terms of airfare levels.International fares increased by 17% above pre-pandemic, especially in Southeast Asia and Developed East Asia.In terms of domestic fares, they surged over 30% above 2019 levels, especially for short-haul low-cost carrier (LCC) routes, where reduced competition allows higher pricing.According to the study, economic travellers are seen to bear the biggest share of these increases.Routes with low airline competition saw airfares increased up to 13 percentage points above the regional average.The US-China market was stable in 2025, with no significant airfare impact.Airfares variations are largely influenced by inflation (CPI) and airline competition, factors which are outside the airport’s control.Also, airfares increased between 9% and 28% across the markets in the regions, even in markets where airport charges have decreased.Stefano Baronci, Director General, ACI Asia-Pacific & Middle East, said: “The objective of this analysis is to assess the market dynamics and its impact on aviation, as well as provide transparency into the rising cost of air travel. This study also proves that lowering airport charges does not translate into reduction in ticket prices, instead, it limits airports’ ability to invest in capacity and technology to enhance service quality.“To make air travel more affordable from a consumer perspective, policymakers should focus on liberalising markets such as open skies, market access and efficient slot policy that can strengthen airline competition while ensuring airports can continue to invest to build capacity to support the growth in the coming years.”Undoubtedly, air travel has become one of the great enablers of our time — connecting people, cultures, and economies like never before. Yet, for millions of people, airfares still remain a barrier to otherwise incredible opportunities around the world.Making air travel affordable cannot be the responsibility of airlines or airports alone. It is definitely a shared mission for governments, technology providers, and the industry as a whole.When air travel becomes more accessible, it obviously strengthens trade, tourism, education, and cultural exchange.Certainly, it will build bridges where borders once stood — and brings people together in ways that benefit all nations!Pratap John is Business Editor at Gulf Times. X handle: @PratapJohn.