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Beyond the TarmacAirlines are estimated to need 500mn tonnes (Mt) of sustainable aviation fuel (SAF) to achieve the industry’s goal of net-zero carbon emissions by 2050.This can be achieved from two main sources- biomass and power-to-liquid, according to the International Air Transport Association.Biomass has the potential to produce more than 300Mt of bio-SAF annually by 2050. Some of this potential could be limited by use for competing sources. This potential could be expanded by unlocking additional feedstocks or through efficiency gains and technology improvements over intervening decades.Power-to-liquid (PtL) will be required to reach 500 Mt of SAF production annually by 2050. Maximising the volumes of cost-effective bio-SAF will reduce the pressure on e-SAF to bridge the gap.In all cases, to maximise SAF output, it will be essential to improve conversion efficiencies, accelerate technology rollout, enhance feedstock logistics, and invest in better infrastructure required to scale up commercial facilities across all regions.Recently, IATA in partnership with Worley Consulting, has published a study demonstrating that sufficient sustainable aviation fuel (SAF) feedstock exists to enable the airline industry to achieve net zero CO2 emissions by 2050.All feedstocks considered meet stringent sustainability criteria and do not lead to changes in land use.The study also identified significant barriers in using that feedstock for SAF production, namely the slow pace of technology rollout that would enable SAF to be produced from varied sources and competition with other potential users of the same feedstock.Currently, the only commercially scaled SAF production facilities use HEFA technology, for example converting used cooking oil into SAF.Policies allocating biomass feedstock to hard-to-abate sectors such as aviation must be prioritised.According to the report, there are sufficient sustainable feedstocks and SAF production technologies to decarbonise aviation and meet the net zero carbon emissions goal by 2050.With the right policies and investments, more than 300Mt of SAF from biomass feedstocks could be produced annually by mid-century and around 200Mt from e-SAF.Enhancing the feedstock supply chain infrastructure, scaling up novel sources that meet sustainability criteria, and ensuring that the feedstocks identified for SAF production are made available to the air transport industry remain a major challenge.Other major challenges, according to IATA, are: Accelerating technology rollout to unlock new SAF production technologies, especially PtL, including reliable access to the low-cost renewable electricity, hydrogen, and carbon capture infrastructure, which are all required as part of the PtL production method.Achieving coordinated government policies to support innovation, and investment to create a fully functioning SAF market, unlocking new economic opportunities.Rallying regional leadership, with North America, Brazil, Europe, India, China, and Asean identified as key drivers of global SAF output.Activating the energy industry to invest in SAF production capacity, support technology commercialisation, and align their business strategies with global decarbonisation goals.IATA’s Director General Willie Walsh said: “We now have unequivocal evidence that if SAF production is prioritised then feedstock availability is not a barrier in the industry’s path to decarbonisation.“There is enough potential feedstock from sustainable sources to reach net zero carbon emissions in 2050. However, this will only be accomplished with a major acceleration of the SAF industry’s growth. We need shovels in the ground now.”“With this study it becomes clear that we can make SAF the solution it needs to be for aviation’s decarbonisation. The potential to turn SAF feedstock into real SAF production is in the hands of policymakers and business leaders, particularly in the energy sector.“The conclusion of this study is an urgent call to action. We have just 25 years to turn this proven potential into reality,” said Walsh.Industry analysts say hitting net-zero aviation by 2050 is huge, technically possible, but it won’t happen by accident.The industry must scale SAF fast, modernise fleets, squeeze out operational savings, build hydrogen and PtL capacity, and deploy robust policy and finance — all co-ordinated internationally and backed by strict sustainability and verification — to credibly reach net-zero by 2050.

QNB Group announced the successful completion of an inaugural benchmark green bond issuance in euro currency under its Medium Term Note Programme in the international capital markets. Under this Programme, a five-year, EUR750mn tranche was launched onSeptember 23. This is the largest ever Euro denominated green bond issuance from aGCC bank. QNB Group is the leader of sustainability initiatives in the region, and it has embedded the topic of sustainability throughout the organisation to deliver positive impact to thesocieties we serve. This landmark transaction reflects QNB’s steadfast commitment towards further development of green and sustainable finance products in Qatar and its core markets as per its Sustainable Finance and Product Framework. The issuance attracted overwhelming interest from a wide range of global investors leading to the issuance being heavily oversubscribed, with peak orders at 2.5 times theissue size. The pricing on the bonds tightened significantly with the final pricing at 75 bps over mid swaps compared to the initial pricing of 100-105 basis points over mid swaps. The fixed coupon on the bond is 3.00% annually. The order book reflected significant interest across various geographies with key interest from European and Asian investors, reflecting QNB Group’s strategy ofdiversifying its funding sources in terms of geography and currency mix. Green investors, who include dedicated funds that invest in assets with rigorous sustainabilitycriteria represented 56% of the allocation. The proceeds of this green bond will be utilised for financing or refinancing portfolio ofprojects that qualify under the eligible green project categories as set out in the QNB Group’s Sustainable Finance and Product Framework. The transaction was arranged and offered through a syndicate of Joint Lead Managersand Joint Bookrunners that included Barclays, Crédit Agricole CIB, HSBC, QNB Capitaland Santander.

QNB has signed an agreement with MetLife to further strengthen their long-standing partnership.The partnership reflects the shared commitment of both institutions to deliver innovative financial and insurance solutions that meet the growing needs of their customers.The collaboration reinforces QNB’s position as a leader in bancassurance through offering customers with a wide range of tailored solutions, including savings and investment plans, home and motor insurance, travel protection, and life coverage. These solutions are designed to provide comprehensive financial security while ensuring accessibility, flexibility, and competitive value.By combining QNB’s market leadership with MetLife’s global expertise, various solutions will be delivered to the customers’ long-term financial wellbeing and offer security to their life’s most valuable assets.QNB Group is one of the leading financial institutions in the Middle East and Africa and is ranked as the most valuable banking brand in the MEA region. Present in some 28 countries across Asia, Europe, and Africa, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence, worldwide.

QatarEnergy doubled country's solar capacity to 1,675MW of renewable electricity since June 2022, the energy major said Tuesday.QatarEnergy is currently building the Dukhan solar power plant, which will double Qatar's solar power generation capacity to more than 4,000MW of renewable energy.The Dukhan plant, one of the largest in the world, will be developed in two phases, reaching a total electricity generation capacity of 2,000 megawatts (MW) by mid-2029.Once completed, it will double Qatar’s solar power production capacity, contributing significantly to the country’s renewable energy goals.The 800-megawatt (MW) Al-Kharsaah solar power plant, Qatar’s first such facility, began supplying electricity to Qatar’s national grid in June 2022.Since then, QatarEnergy has built and operated the Ras Laffan and Mesaieed solar power plants with a combined capacity of 875MW, doubling Qatar's production capacity to 1,675MW of renewable electricity.QatarEnergy established QatarEnergy Renewable Solutions in 2017 with the purpose of financing, building, operating, and maintaining solar power facilities, and selling electricity generated from solar power within the State of Qatar.Recently, QatarEnergy signed an agreement with Samsung C&T's Engineering & Construction Group (Samsung C&T) for the construction of a world-scale solar power plant in Dukhan.When completed, the Dukhan solar power plant, along with Al-Kharsaah, Mesaieed, Ras Laffan solar power plants will help reduce carbon dioxide emissions by about 4.7mn tonnes annually, while contributing up to 30% of Qatar’s total peak electricity demand.According to QatarEnergy, the Dukhan solar power plant will begin the first phase of production by adding 1,000MW of power to the Kahramaa grid towards the end of 2028.The new plant will utilise a solar tracker system and will enhance efficiency by installing inverters capable of operating flawlessly in a high-temperature environment.

Commercial Bank Financial Services (CBFS), in collaboration with Qatar University, hosted a two-day workshop at the university premises. The workshop was dedicated to sharing and promoting financial literacy amongst students.Led by industry experts, the workshop equipped students with practical tools and knowledge to support their investment journey, foster entrepreneurship, and contribute to Qatar’s growing economy. The first day covered Qatar’s local market, index selection methodology, and approaches to relative valuation and sector analysis. The second day introduced students to a typical career path in investment while exploring best practices in technical analysis.Through the workshop, students developed a deeper understanding of financial literacy and were encouraged to envision careers in business and investment.Hamad al-Shehri, General Manager of CBFS, commented: “At CBFS, we believe in the importance of a financially aware community, well-prepared for future economic challenges. “Through this workshop, we helped empower the next generation with the tools and confidence to lead Qatar’s future investment and financial future.”

A delegation representing the Gulf Cooperation Council’s Interconnection Authority (GCCIA), along with participants in the "Assessing of Reliability of Renewable Energy Sources in the Cooperation Council Countries" workshop, visited the Al-Kharsaah solar power plant. The plant, which was developed and is operated by Siraj (1), a subsidiary of QatarEnergy Renewable Solutions, is wholly owned by QatarEnergy.The visit came on the sidelines of the workshop organised in Doha by the GCCIA, where participants were given the opportunity to learn about the latest operation, maintenance, and production technologies adopted by Al-Kharsaah solar power plant, the first solar plant in Qatar.The 800-megawatt (MW) Al-Kharsaah solar power plant began supplying electricity to Qatar’s national grid in June 2022. Since then, QatarEnergy has built and operated the Ras Laffan and Mesaieed solar power plants with a combined capacity of 875 MW, doubling Qatar's production capacity to 1,675 MW of renewable electricity. QatarEnergy is currently building the Dukhan solar power plant, which will double Qatar's solar power generation capacity to more than 4,000 MW of renewable energy.QatarEnergy established QatarEnergy Renewable Solutions in 2017 with the purpose of financing, building, operating, and maintaining solar power facilities, and selling electricity generated from solar power within the State of Qatar. QatarEnergy Renewable Solutions owns 60% of Siraj (1) Company.The Gulf Cooperation Council Interconnection Authority (GCCIA) is the body responsible for the electricity interconnection project among the GCC countries.

The assets of Islamic banks in the country grew by 3.9% to QR585.5bn in 2024, according to Bait Al-Mashura Finance.Quoting figures from the Qatar Central Bank (QCB), Bait Al-Mashura said in 2023 Islamic bank assets in the country totalled QR563.7bn.Islamic banks accounted for 28% of the total assets of Qatar’s banking sector, the researcher said.Domestic assets of Islamic banks increased by 4% in 2024 to QR529.7bn, while their reserves rose by 6.3% to QR20.6bn.Foreign assets amounted to QR35.2bn, a 0.4% decrease year-on-year compared to 2023.The compound annual growth rate (CAGR) of assets for Qatar’s Islamic banks over the five-year period (2020-2024) reached 5.4%, compared to 3.5% for traditional commercial banks in the country during the same period.In 2024, Islamic banks in Qatar recorded revenues of QR29.5bn, representing a growth rate of 12.6% compared to 2023.Financing and investment activities accounted for 91% of these total revenues. This growth was driven by a 13.8% increase in financing and investment revenues, along with an 8.4% decrease in the provision for credit losses compared to 2023.Over the period 2020-2024, the revenue of Islamic banks grew at a CAGR of 9%.In 2024, the four Islamic banks in Qatar achieved total net profits of QR8.7bn for their shareholders, compared to QR8.2bn in 2023, representing a 6% growth.Data from the QCB showed that total deposits in the Qatari banking system grew by 4.1% in 2024.Islamic bank deposits in Qatar increased by 8.2% during the same period, compared to a 2.2% increase in deposits at conventional commercial banks.Islamic bank deposits accounted for approximately 34% of the total deposits in the Qatari banking system, reaching a total of QR339.1bn, compared to QR313.4bn in 2023.Over the period 2020-2024, the compound annual growth rate for deposits in Islamic banks was 5%, compared to 1.5% for conventional banks.The private sector held the largest share of deposits in Islamic banks, at 57%, followed by the public sector with 38%. Non-resident deposits constituted only 5% of total deposits in Islamic banks.During 2024, the most significant growth rate was observed in public sector deposits, which increased by 20%. Private sector deposits also grew by 4%, while non-resident deposits declined by 16% compared to 2023.According to quarterly data from the QCB, financing provided by Islamic banks (in 2024) reached QR401.5bn, an increase of 4.9% compared to 2023.Credit facilities extended by traditional commercial banks also increased by 4.4%.The most significant growth in Islamic bank financing in 2024 was observed in the real estate and general trade sectors, increasing by 16% and 12.7% respectively.Financing for the services and consumer sectors also increased by 4.5% and 2.9% respectively.Conversely, financing for the industrial and construction sectors declined by 14.2% and 11.3% respectively.Islamic bank financing represented 30% of total banking sector financing in 2024.During the period 2020-2024, the CAGR for total financing by Islamic banks was 5.2%, compared to 3% for traditional commercial banks.

Total value of mortgage transactions in Qatar was more than QR10bn during the second quarter (Q2) of 2025, reflecting an increase of 5% quarterly, according to researcher ValuStrat.This, however, indicates a drop of 22% year-on-year (YoY), the researcher said in a country report.In the second quarter of 2025, Qatar real estate market witnessed some 311 mortgage transactions across all asset classes of ready properties, a decrease of 5% quarter-on-quarter (QoQ) but a 20% jump since the second quarter of last year.Doha recorded as many as 99 deals worth QR6bn, the highest in volume and value for the quarter, while Al Rayyan saw 93 transactions totalling QR2bn.The ValuStrat Price Index – Residential Capital Values, rose by 2% both quarterly and annually at 98.4 points. This is compared with 100 base points as of Q1, 2021.Apartment capital values remained stable on a quarterly basis but recorded a 2% annual increase, averaging QR10,485 per sq m.Sales prices in The Pearl Island and West Bay Lagoon were unchanged from the previous quarter, at QR10,620 per sq m and QR9,600 per sq m, respectively.In contrast, Lusail experienced a modest quarterly rise of 1.6%, reaching QR10,350 per sq m.On a yearly comparison, both The Pearl Island and Lusail grew by 2%, while West Bay Lagoon posted a 1.4% decline.Villa prices rose by 2.4% QoQ and 1.9% YoY, averaging QR5,650 per sq m.Values in Muaither and Umm Salal Ali recorded quarterly gains of 2% and 4%, respectively, while The Pearl Island, West Bay Lagoon, and Ain Khalid registered declines of up to 3% QoQ.The price-to-rent ratio for both apartments and villas increased to 20 years, reflecting a marginal increases in prices QoQ.Residential gross yield remained at 5.7%, with apartments contributing 8.1% and villas at 4.5%, ValuStrat noted.Total residential stock during Q2, 2025 was 402,137 units, comprising 254,108 apartments and 148,029 villas.An estimated 595 apartments were delivered during the quarter.Around 4,500 units are anticipated in H2, 2025, with 37% located in Lusail, another 37% in Al Waab, and 24% on the Pearl Island.The median ticket size for housing units was QR2.8mn, an increase of 3.7% QoQ but a decline of 1.8% yearly.In the second quarter of 2025, residential house transaction volume rose sharply by 30.9% quarterly and 62.6% YoY, ValuStrat said.Al Khor and Al Wakra had the highest number of residential villa transactions. The Pearl Island and Al Qassar saw sales value and volume surge by 198% and 209% YoY, respectively.

The Abdullah bin Hamad Al-Attiyah International Energy Awards for Lifetime Achievement will take place in October, with preparations now well advanced for this landmark event.Organised by the Al-Attiyah Foundation, the Awards recognise outstanding individuals who have dedicated their careers to advancing the global energy industry. Six distinguished industry leaders will be honoured for their lifetime achievements.The Awards embody the vision and legacy of HE Abdullah bin Hamad al- Attiyah, former Deputy Prime Minister and Minister of Energy and Industry, whose leadership helped shape Qatar’s position as a global energy leader.The 2025 ceremony and gala dinner is sponsored by ExxonMobil, and will bring together over 300 senior executives, policymakers, and thought leaders from across the global energy landscape.Since its establishment in 2015, the Al-Attiyah Foundation has provided trusted analysis and insights into the most pressing challenges and opportunities in energy and sustainable development, through its research publications, CEO Roundtables, podcasts, webinars and regular events.The Foundation’s achievements and growth are made possible by its esteemed member organisations, which include some of the world’s most influential companies: QatarEnergy, Qatar Electricity & Water Co., Woqod, QNB, QatarEnergy LNG, Dolphin Energy, Qatar Shell, QAPCO (Qatar Petrochemical Company), Marubeni, ConocoPhillips, QAFCO (Qatar Fertiliser Company), Sasol, Q-Chem, Gulf Helicopters, Qatar Cool, and JTA Holding.

In cooperation with India’s NPCI International Payments Limited (NIPL), QNB has enabled the acceptance of QR code-based Unified Payments Interface (UPI) across Qatar via point-of-sale (POS) terminals for QNB’s merchant clients powered by NETSTARS’ payment solution.To mark this significant milestone, a special ceremony was held at QNB, attended by the Indian Ambassador to Qatar, Vipul, alongside senior executives from QNB Group and Qatar Airways Group, highlighting the strong bilateral cooperation and commitment to enhancing payment convenience for Indian travelers.Qatar Duty Free (QDF), part of Qatar Airways Group, became the first merchant to go live on UPI, enabling Indian travelers, who represent the second largest segment of visitors to the country, to make seamless payments at duty-free stores, making their shopping experience memorable.This move will also allow them to carry out UPI payments seamlessly at the country’s major tourist attractions, helping them to make real-time transactions by limiting the need to carry cash and currency exchange hassle.The acceptance of UPI in Qatar promotes interoperability and expands UPI's global reach. Moreover, it is expected to benefit Qatar's retail and tourism sectors as UPI acceptance will increase transaction volumes of merchants who will be able to scale their business while offering convenience to customers.Yousef Mahmoud Al-Neama, Group Chief Business Officer, QNB, said, “We are excited to introduce UPI in Qatar and proud to be at the forefront of innovating the payment landscape. This milestone not only enhances the convenience for Indian travelers but also brings significant benefits to the Qatari market by promoting cashless transactions, boosting retail and tourist sectors, and strengthening interoperability in the payments ecosystem. Importantly, it will also enable local merchants to thrive by attracting more customers and providing them with seamless digital payment options.” Ritesh Shukla, CEO, NPCI International, said, "We aim to enhance the acceptance of UPI globally and create a truly interoperable global payment network. The partnership with QNB is a step towards this journey. It will help millions of Indian travellers make seamless, secure digital transactions and reduce their dependence on cash. “As UPI makes its mark, we are focused on driving interoperability and making cross-border payment experiences hassle-free for users."Tuyoshi Ri, Representative Director and CEO of NETSTARS Company said, “We are honoured to be part of this strategic partnership and milestone, enabling UPI for the first time in Qatar together with NPCI International, Qatar Airways Group and Qatar National Bank. This aligns with our mission to expand seamless and secure payment experiences globally. We are proud to contribute to this launch in Qatar, which will empower local merchants in Qatar to accept digital payments conveniently and efficiently from millions of international travellers.”

Lower bank rates in Qatar will be an additional boost to consumers and corporates, Emirates NBD Research has said in a report.Recently, the Qatar Central Bank (QCB) decided to reduce the current interest rates for deposits, lending and repo by 0.25% or 25 basis points (bps). The new rates took effect on September 18.The QCB’s deposit rate (QCBDR) is now 4.35%, lending rate (QCBLR) 4.85% and repo rate (QCBRR) 4.60%.The QCB said the rate cut followed its “assessment of the current monetary policy of Qatar.On the impact (of the US Federal Reserve rate cut) on GCC economies, Emirates NBD Research said, “The rate cut has been matched by the GCC given that the currency pegs mean that monetary policy tends to move in lockstep with that of the Fed.Besides Qatar, the UAE, Saudi Arabia, Bahrain, Oman, and Kuwait central banks have all cut their benchmark policy rates by 25bps, Emirates NBD noted.In a report, the UAE banking group said: “Lower rates will be an additional boost to consumers and corporates in the GCC economies. Credit growth to the private sector has accelerated in 2025 for both the UAE and Saudi Arabia compared with 2024.“In the UAE, banking claims on the private sector have recorded an average year/year growth of more than 8% this year, compared with 7% for 2024. In Saudi Arabia, credit demand has been even more robust with growth of more than 14% year-to-date up to July compared with around 11% in 2024.”The report noted: “As rates move lower, that will free up more income for consumption and investment and at the margin create more demand for credit. In a recent Central Bank of the UAE survey on credit demand, interest rates were the least critical variable cited as affecting demand for loans from the domestic banking system with corporates instead seeking to match the performance of the non-oil economy.”Emirates NBD said: “The US Federal Reserve cut rates by 25 bps (0.25%) at the September FOMC, in line with our expectations. This was the first rate change from the FOMC since December 2024 and takes the upper bound of the benchmark Fed funds rate to 4.25%.”According to the bank, the next FOMC meeting is at the end of October and will very much be a live meeting with the expectation of another 25bps cut nearly 90% priced in by markets following the September meeting. Should economic data continue to follow the path seen in the last few months — moderate inflation pressures with worsening labour market conditions — then an October cut looks more likely than not. We still expect a rate cut at the December FOMC at this time.For 2026, the Fed projected a more hawkish stance than markets are expecting as it keeps an eye on the inflationary risks of tariffs and sticky services inflation.“We still expect that the Fed will need to cut rates next year, targeting an end of 2026 Fed Funds rate at 3% by end of year,” Emirates NBD noted.

QNB Group, the largest financial institution in the Middle East and Africa, has been named by Forbes Middle East as one of the region’s leading sustainability champions in its prestigious Sustainability Leaders 2025 list.QNB achieved the second ranking in the banking sector, reaffirming its strong commitment to advancing sustainable finance and responsible banking practices.In addition, QNB Group’s Chief Executive Officer, Abdulla Mubarak al-Khalifa, was recognised by Forbes Middle East as one of the Middle East’s Sustainability Leaders, in acknowledgment of his vision and leadership in driving the Bank’s sustainability agenda and embedding ESG principles across its operations.This dual recognition highlights QNB’s consistent efforts to integrate sustainability into its core strategy, supporting global climate action, promoting financial inclusion, and contributing to national and international sustainable development goals.QNB Group continues to strengthen its leadership in sustainability through green financing initiatives, and investments that promote environmental and social progress which reinforces its role as a regional pioneer in sustainable finance.QNB Group is one of the leading financial institutions in the Middle East and Africa and is ranked as the most valuable banking brand in the MEA region.Present in Some 28 countries across Asia, Europe, and Africa, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence, worldwide.

Beyond the Tarmac The safety and security of airmail are critically important for the aviation industry, not only because of the commercial value of goods transported but also due to broader implications for aviation safety, trust, and global trade. Undoubtedly, the global security environment is becoming more challenging and complex. Over the last 12 months, the global threat picture has evolved considerably, as sophisticated actors are seen seeking to sabotage the air cargo and mail supply chains using improvised incendiary devices (IIDs), in addition to the longstanding risk posed by improvised explosive devices (IEDs). Industry analysts say unchecked or improperly screened airmail could be exploited to smuggle hazardous materials, explosives, or other dangerous goods, directly threatening passenger and crew safety. Past incidents — like attempts to ship explosives hidden in cargo or parcels — have shown how aviation can be targeted through the mail system. About 320.4bn letters and post items are sent every year globally, according to estimates by International Air Transport Association (IATA). The aviation industry also accounts for billions of postal parcels - for example IATA mentions 7.4bn postal parcels annually. The total global air freight volumes are on the order of 55mn-70mn metric tonnes per year. For example, in 2021, about 65.6mn metric tonnes of air freight was transported worldwide. An industry estimate shows that airmail globally (letters plus postal parcels actually transported by air) is likely in the order of some millions of metric tonnes per year — up to 15mn tonnes annually! Recently, the International Civil Aviation Organisation (ICAO) and Universal Postal Union (UPU) have joined hands to reinforce the security of international air cargo and mail. This marks a new milestone in global efforts, bringing together the two areas of expertise to confront evolving threats and enhance the security and resilience of global airmail operations. ICAO and UPU outlined a shared vision for enhanced co-operation between the two international agencies, including efforts aimed at further aligning their respective security frameworks. This co-operation promotes policies that encourage innovation in screening technologies, improved personnel training, and better information sharing between postal and aviation authorities. As global e-commerce continues to expand and grow, the security of international mail security has become increasingly critical. ICAO and UPU have strongly recommended the adoption of cutting-edge technologies – such as advanced X-ray systems and explosive detection equipment – within postal and cargo operations to improve both security and operational efficiency. "This partnership represents a unified, proactive approach to current and future challenges in air cargo and mail security," said ICAO Secretary-General Juan Carlos Salazar. "A secure airmail system is a shared responsibility. This partnership ensures airmail services remain secure, resilient, and efficient." The initiative builds on a longstanding collaboration between ICAO and UPU and significantly strengthens their respective oversight capabilities. ICAO's Universal Security Audit Programme and UPU's certification framework together will ensure consistent security standards across all member States. Both ICAO and UPU said they are committed to supporting their respective members and postal operators in adopting practical and risk-based measures, benefiting from enhanced information sharing, as well as enhanced visibility and transmission of data, to protect the integrity of the global mail and cargo supply chain. Currently, the ICAO and IATA regulations require strict screening and monitoring of mail shipments. Airlines and postal operators must comply with these rules to maintain licenses and operating rights. Airlines, postal services, and express couriers rely on customer confidence. A single breach of airmail security can damage reputations and erode trust in the system. For governments, secure airmail is also tied to national security and counter-terrorism. Clearly, strong security measures — like digital tracking, advanced screening, and secure facilities — help airlines and postal operators minimise delays and avoid costly disruptions. Obviously, the safe and secure transport of airmail and parcels is vital to global economy in general and aviation industry in particular. Millions of letters, documents, and parcels move by air every day, many of them time-sensitive or high-value. Therefore, ensuring their safe carriage is essential for aviation safety, global trade and commerce and regulatory compliance.

Safety, sustainability and efficiency will be top on IATA’s priority list as the International Air Transport Association gets ready for the 42nd Assembly of the International Civil Aviation Organisation (ICAO) in Montreal from September 23 to October 3.ICAO has already accepted some 14 working papers authored by IATA covering a wide range of topics for the Assembly’s consideration.IATA’s Director General Willie Walsh noted, “IATA will be participating in the ICAO Assembly with safety, sustainability and efficiency at the top of our priority list. It is critical that we secure stronger support for SAF production and CORSIA as key enablers of aviation’s commitment to achieve net zero emissions by 2050.“Equally, we need agreement to follow the principles and provisions of the Chicago Convention to avoid patchworks of debilitating tax measures and passenger rights regulations. And we must shore-up safety with timely accident reports, mitigations for GNSS interference and preservation of critical radio-frequency spectrum.”Global standards, many of which are developed by governments through ICAO, are crucial for safe, efficient and increasingly sustainable aviation operations worldwide.These standards are developed with the expertise and input of airline operators’ worldwide working with ICAO member states. The ICAO Assembly is a once-every-three-year opportunity for states to align on ICAO’s work programme as it addresses aviation’s most pressing issues.“The criticality of global standards to global aviation cannot be underestimated. I am optimistic for the outcomes of this Assembly. Everybody wants flying to be safe, efficient and more sustainable. So, we have a common agenda with governments. Indeed, many of our submissions to the Assembly are simply asking governments to more effectively implement what they have already agreed. The coming weeks in Montreal are essential to set the agenda, but even more important is the following three years of work to achieve what is agreed,” Walsh added.

Commercial Bank announced the successful issuance and pricing of a $600mn five-year senior unsecured bond under the Bank and its subsidiary, CBQ Finance Limited’s $5bn European Medium Term Note (EMTN) Programme. The issue was arranged and offered through a syndicate of Joint Lead Managers comprising Citibank, Barclays, ANZ, Mizuho, UniCredit, QNB Capital and Doha Bank. To support the issue, representatives from Commercial Bank embarked on a virtual road show with the Joint Lead Managers. During the virtual roadshow, they presented to financial institutions, pension funds, asset managers and supranational bodies, and held one-to-one and group meetings. Following the end of the Investor meetings, the transaction saw strong demand, with approximately $2bn order book (an oversubscription by approximately x 4) allowing Commercial Bank to tighten the final spread. The bond was issued at a spread of 100 basis points over mid-swaps, carries a coupon of 4.625% and has a final reoffer yield of 4.689% per annum.Commercial Bank achieved its lowest spread ever booked by robust international demand. Although the spread was tightened by 25 basis points the book remained strong reflecting strong investor appetite. The net proceeds of the issue will be used for general funding purposes to support the strategic growth plans of Commercial Bank. Very high-quality investors from the global community participated in this issue, with the majority of investors from the MENA (54%) and Europe (22%), followed by Asia (17%) and offshore US (7%). The investor base is diversified, including some of the world’s leading fixed income investors, with strong demand from fund managers, sovereign funds, banks and GCC institutions. Commenting on the successful issuance, Executive General Manager (Treasury and Investments) at Commercial Bank, Parvez Khan said: “We are delighted by the investor response to our issuance under the EMTN Programme. The market demand and attractive pricing is a clear indication of the continuing confidence of international investors in the economic strength of Qatar, and is testament to Commercial Bank’s strategy, financial strength and prudent management.” Commercial Bank was the first Qatari entity to establish an EMTN Programme with a listing on the London Stock Exchange, and the first Qatari bank to issue a bond in the international capital markets. The bonds are listed on the Irish Stock Exchange and are rated A by Fitch.

His Excellency the Governor of the Qatar Central Bank, Sheikh Bandar bin Mohammed bin Saoud al-Thani met Seiji Imai, Chairman of the Board of Directors of Mizuho Financial Group here today.During the meeting, they discussed the latest developments in global finance and investments.

Qatar Airways will make history this year as the first ever ‘Presenting Partner’ of the world’s most prestigious award ceremony in football, Ballon d’Or, reinforcing the airline’s deep commitment to global sport and excellence.The 69th edition of the Ballon d’Or will take place on September 22 at the Théâtre du Châtelet in Paris, France.For over six decades, the Ballon d’Or has crowned the greatest players in football, celebrating talent, dedication, and achievement on the world stage.This new partnership unites the national airline with the “world’s best” players, and marks a milestone in Qatar Airways’ ongoing support of the global sporting community.As the airline that connects fans, players, and cultures across the globe, Qatar Airways’ role as the 69th Balon d’Or ceremony ‘Presenting Partner’ underscores its purpose-driven ambition – to bring the world together through the universal language of sport.Qatar Airways Group Chief Executive Officer, Badr Mohammed al-Meer, said: “We are delighted to become the first ever Presenting Partner of the Ballon d’Or Ceremony as we celebrate the legends who inspire generations. This partnership is a testament to our unwavering commitment to excellence, and by aligning Qatar Airways, the World’s Best Airline with the World’s Best Footballers, we are reinforcing our brand's dedication to being the very best in every arena we enter. Just as we connect people and places through our extensive network and award-winning service, this partnership will further our mission to connect dreams, cultures and the passion for football across continents.”UEFA President Aleksander Čeferin, said: “The Ballon d’Or is more than an award - it’s a celebration of inspirational talents who define football and its history. We are honoured to welcome Qatar Airways as the first presenting partner of this iconic ceremony. “Together, we celebrate not only a passion for the beautiful game and excellence without borders, but also the profound value of bringing the world closer together.”The Ballon d’Or is awarded annually by France Football magazine, honouring the world’s best players across the Men’s and Women’s game. The full set of nominees for the 2025 Ballon d'Or can be found here.This partnership marks another chapter in Qatar Airways’ portfolio of high-profile global sports partnerships, including the likes of FIFA, UEFA Champions League and National Team Competitions, Formula 1®, Paris-Saint Germain (PSG), FC Internazionale Milano, AFC, Tennis Legend – Novak Djokovic, The Royal Challengers Bangalore (RCB), MotoGP, the IRONMAN Triathlon Series, French Rugby Team – Section Paloise, The Brooklyn Nets NBA Team, and multiple other disciplines including Australian football, equestrian, motor racing, padel, squash, and tennis.

QatarEnergy signed an agreement with Samsung C&T's Engineering & Construction Group (Samsung C&T) for the construction of a world-scale solar power plant in Dukhan, about 80 kilometers west of Doha.The Dukhan solar power plant, one of the largest in the world, will be developed in two phases, reaching a total electricity generation capacity of 2,000 megawatts (MW) by mid-2029. Once completed, it will double Qatar’s solar power production capacity, contributing significantly to the country’s renewable energy goals.The agreement was signed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, who is also the President and CEO of QatarEnergy, and Sechul Oh, President & CEO of Samsung C&T during a special ceremony held at QatarEnergy’s Headquarters in Doha. The event was attended by Abdulla bin Ali Al-Theyab, President of Kahramaa, and senior executives from both companies.Commenting on this occasion, Minister al-Kaabi said: “This agreement is an important milestone in our effort to manage the environment in a manner that balances economic and social development with environmental protection, as stipulated by Qatar National Vision 2030. It also supports one of the key goals of QatarEnergy’s Sustainability Strategy, which is to generate more than 4,000 megawatts of renewable energy by 2030.”Al-Kaabi added: “When completed, the Dukhan solar power plant, along with Al-Kharsaah, Mesaieed, Ras Laffan solar power plants will help reduce carbon dioxide emissions by about 4.7mn tons annually, while contributing up to 30% of Qatar’s total peak electricity demand. “We are pleased to collaborate with Samsung C&T to help achieve this vision.”The Dukhan solar power plant will begin the first phase of production by dispatching 1,000MW of power to the KAHRAMAA grid towards the end of 2028. The new plant will utilise a solar tracker system and will enhance efficiency by installing inverters capable of operating flawlessly in a high-temperature environment.