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Qatar and the United States have played a key role in stabilising the European energy crisis due to the reduction of Russian piped gas supply, according to International Gas Union (IGU).“The 2022-2024 European energy crisis following the reduction of Russian piped gas supply was stabilised using LNG imports from the US and Qatar,” IGU said in its just released Global Gas Report 2025.Similarly, East Asian countries like Japan and South Korea rely on spot LNG purchases to balance seasonal fluctuations, establishing natural gas and LNG as tools for preventing deeper economic or social fallout through resilient and diversified supply, the report noted.Gas has proved itself a vital component of global energy security. LNG trade has historically offered cross-border flexibility to respond to shifting demand- supply dynamics during market uncertainties, it said.Amid rising demand, there is indication of growing LNG supply reinforcing natural gas’ role as a reliable fuel to meet expected shortfalls.Despite tightness in the near term, the global LNG market is expected to gradually ease over the next few years, and move into surplus as new supply comes online toward 2030.Around 270 bcm of approved or under construction liquefaction capacity is currently in the pipeline to be commissioned by 2030, primarily driven by projects in the US and Qatar.This marks a new growth phase following a prolonged period of stagnation, reflecting the inherently cyclical nature of the liquefaction sector.These cycles are driven by the capital-intensive nature of projects – typically costing around $0.75bn per bcm – and long development timelines, often spanning four to five years from FID to operation. To manage market risk, developers usually secure most of their capacity through long-term contracts.“Due to these factors, the LNG market is expected to remain broadly balanced, with limited opportunity for new developments in the short term and ample supply by 2030,” IGU said.Uncertainty surrounding the timing of LNG supply persists despite the expected surge associated with the next wave of LNG projects. In October 2024, TotalEnergies revised its forecast, now anticipating that the next wave of LNG supply will only come to market from 2027, two-years after the previously projected 2025 timeline.The supply outlook remains uncertain due to potential delays as well as regulatory, technical and financial risks to projects. While there is a potential for increased project FIDs as a result of US import tariffs, policies such as the sanctions on Russian LNG are set to strike a blow to global LNG supply as upcoming projects’ ability to acquire necessary equipment, secure vessels and find buyers is becoming increasingly limited.IGU said, “Disruptions to key LNG transit routes, such as the Strait of Hormuz, increase shipping times and costs, undermining project economics and investor confidence. This may lead to slower FIDs for projects dependent on long-distance or chokepoint- exposed routes.”

The Middle East is racing to the front of the global hydrogen economy, with GCC countries leveraging ultra-low-cost renewables, world-class infrastructure, and decisive policy backing, according to Al-Attiyah Foundation.Qatar is advancing its landmark 1.2mn tonnes per year Blue Ammonia Project in Mesaieed Industrial City, scheduled to begin operations in 2026, alongside new green hydrogen initiatives that build on its global LNG leadership.Saudi Arabia has achieved record-breaking solar tariffs close to one US cent per kilowatt hour and Oman is targeting more than 8mn tonnes of renewables-based hydrogen by mid-century.In 2024, global hydrogen demand reached nearly 100mn tonnes, but less than one percent was supplied from low-carbon sources, and green hydrogen represented only a fraction of that. More than 60 countries have now published national hydrogen strategies, but most of them remain aspirational.The majority are aiming to position themselves as exporters, while only a small number in Asia and Europe have declared intentions to be importers. This imbalance exposes the risk of a growing gap between supply ambitions and credible demand, raising doubts about whether many of these strategies can be realised in practice.The new Al-Attiyah Foundation research paper, ‘Charting National Hydrogen Strategies for Future Trade’, examines how the Gulf states’ abundant solar and wind resources, competitive renewable energy prices, existing export infrastructure, and policy coherence are allowing the region to progress with projects that are already bankable and capable of scaling.The United Arab Emirates continues to expand its clean energy capacity through Masdar and other entities, tying renewable generation to hydrogen and ammonia projects for both domestic and export use.Qatar, through its Mesaieed development and wider portfolio of hydrogen-linked ventures, is cementing its position at the forefront of the sector.Hydrogen offers pathways to decarbonise hard-to-abate industries such as steel, aluminium, cement and fertilisers, and the Gulf states are already embedding hydrogen into these sectors.Doing so reduces the risks of overreliance on export markets, ensures that domestic demand anchors early projects, and positions the region to capture premium margins from low-carbon products. For Europe and Asia, where demand will outstrip domestic supply, partnerships with Middle Eastern producers are likely to become essential to achieving climate goals.The Al-Attiyah Foundation noted that the next five years will determine whether global hydrogen strategies succeed or stall.Many nations face uncertainty due to policy fragmentation, limited carbon pricing, and hesitant offtakers unwilling to pay a green premium.The GCC, by contrast, combines decisive leadership with structural advantages that give it a commanding position.

Commercial Bank has signed a strategic agreement with NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI) to enable Unified Payments Interface (UPI) QR code acceptance across its merchant network in Qatar. This milestone expands the global reach of UPI, strengthening its position as a trusted enabler of seamless cross-border digital payments. UPI is a widely used digital payment method in India, processing over 20bn transactions monthly as of August this year. Through this agreement, Commercial Bank will introduce UPI acceptance across its wide merchant base, offering customers reliable, real-time, and user-friendly payment options. The partnership will focus on broadening payment choices for Indian travellers elevating their payment experience across retail, hospitality, and F&B sectors.Shahnawaz Rashid, Executive General Manager and Head of Retail Banking, Commercial Bank said, “This collaboration with NPCI International reflects Commercial Bank’s commitment to innovation and responsiveness to market needs. UPI is a proven success in India, and we are proud to support its expansion in Qatar, enhancing convenience and customer experience across our network.”Ritesh Shukla, MD & CEO of NPCI International, said, “We are happy to partner with Commercial Bank to expand UPI acceptance in Qatar. This collaboration will soon enable Indian travellers to experience the same convenience, simplicity and trust they experience when using UPI in India.” This agreement underlines Commercial Bank’s leadership in digital transformation, expanding secure and convenient payment solutions for customers while contributing to the future of cashless transactions in Qatar and NIPL’s commitment to expanding UPI’s global presence, enabling secure and convenient cross-border payments, advancing the future of cashless transactions.

Commercial Bank saw a remarkable turnout at ‘Career Day’, hosted in collaboration with the Ministry of Labour. Due to the success of the event, Commercial Bank will be hosting Career Day annually to continue opening doors for Qatari nationals and children of Qatari mothers to join the private sector.The event attracted large number of Qatari candidates, of whom 53% were invited for an on-site interview and 42% of the interviewees received job offers on the day.The Career Day welcomed students and young professionals alike and introduced attendees to career pathways in fields beyond banking and finance including economics, MIS, computer engineering, cybersecurity, data engineering, technology and law.The hiring process followed standard stages of registration and CV collection, HR screening, interviews with hiring managers, role assessments where required, reference and background checks, and final onboarding.Out of the interviewees, seven young Qataris including the children of Qatari mothers were invited to sign the accepted job offers in the presence of Mohammed Juma al-Kuwari, Assistant Director of the Department of National Manpower Recruitment Department.Qatarisation remains a strategic priority for Commercial Bank. The bank currently employs 38.1% Qatari nationals across multiple business units and has set annual targets to increase representation in specialist and leadership roles. As part of this commitment, Commercial Bank provides tailored internship and training programmes that equip young Qataris with practical skills and career development opportunities, ensuring their active participation across departments and strengthening the pipeline of future leaders.Speaking on the occasion, Khalifa al-Rayes, Executive General Manager and Chief Human Capital Officer of Commercial Bank, said: “We are delighted with the success of our recent Career Day held at Commercial Bank Plaza.This is just the beginning, CB Career Day will now become an annual initiative, reflecting our strong commitment to supporting Qatar’s workforce and building a sustainable talent pipeline in line with the Qatar National Vision 2030. Once again, we affirm at Commercial Bank our commitment to being at the forefront of financial institutions that open new horizons for Qatari talent.”By offering opportunities to explore careers and gain insight into the banking sector, the initiative reinforces Commercial Bank’s commitment to developing human capital and supporting Qatar’s long-term economic and social development objectives.

In an interview with Gulf Times in Doha, Benjamin Arif Dousa, Minister for International Development Cooperation and Foreign Trade of Sweden underlined the “clear prospects for even closer collaboration” between the two countries, particularly in implementing the memoranda of understanding (MoUs) signed during the visit of His Highness the Amir, Sheikh Tamim bin Hamad al-Thani to Sweden last year.“We already have several MoUs in place—now the focus is on operationalising them,” Dousa said.“I would urge Qatari companies to invest in Sweden, as my country is among the world’s top-ranked in technology and innovation. We have a much diversified industrial profile and base compared to our neighbouring countries in the Nordic region. In Sweden, we have global leaders in fields such as artificial intelligence, financial technology, life sciences, quantum computing and manufacturing of course.”Dousa noted that the bilateral trade between Sweden and Qatar stood at $800mn in 2024. While, the bilateral trade has been increasing, the minister noted, “there are prospects to enhance it further”.“We see lots of opportunities on both sides,” Dousa said.Sweden mostly imports oil and oil-related products from Qatar. Swedish exports to Qatar include iron ore, telecommunications equipment and machinery.“It may be interesting to note that nearly 25% of the steel used in Qatar’s construction industry originates from Sweden’s northern iron ore deposits. We have been part of Qatar’s industrial journey for a long time,” Dousa observed.He said many Swedish companies are active in Qatar and have been in the country for many decades. They look to serve Qatar for many more decades to come.Qatar and Sweden have recently entered into an agreement to establish a joint business council (JBC), which aims to strengthen collaboration between the private sectors, open new channels for investment and partnership, and contribute to building a more sustainable future.Highlighting Sweden’s strength and expertise in green technology and sustainable practices, Dousa said, “We want to be very much part of Qatar’s transition to a greener future. From logistics to production and manufacturing, we are producing everything from electric buses to large gas turbines in Sweden.”He also highlighted the alignment between Sweden’s vision and Qatar National Vision 2030, which provides diverse opportunities for cooperation, trade development, and addressing shared challenges.Dousa also pointed to “untapped potential” in linking small and medium-sized enterprises (SMEs) in both countries.“While large companies in Sweden and Qatar know each other well, the SME sector remains relatively unfamiliar in both directions,” he said.On Sweden’s capital markets, Dousa stressed that the country offers one of the most dynamic ecosystems in the European Union. Sweden probably has the European Union’s “most well-functioning capital structure and capital markets.”“After Silicon Valley, Stockholm, our capital, produces the highest number of ‘unicorns per capita’ than any other global city. If you look at IPOs for the last 10 years, we have had more initial public offerings in Sweden than in Germany, France, Spain and The Netherlands combined.“Although we are not the largest country in Europe, we have the most listed companies in all of Europe. Prospects for collaboration exist even more in this area,”Dousa, who led a large delegation of Swedish companies to Qatar, said firms in his country explored new avenues of trade and investment cooperation with their counterparts in Qatar.He noted Sweden “is a vibrant country” when it comes to entrepreneurship and growth.“We have quite a few Fintech companies – including the large ones like Klarna, who just had a high-profile IPO on NYSE, to smaller ones and in very specific technologies.”Dousa stressed the need for enhanced collaboration and cooperation between Sweden and Qatar, which are trade-dependent countries.“At a time when some countries are pivoting away from the WTO system, I think it is absolutely super important that we collaborate even more. We have to support the WTO. We have to trade more with each other. Actually, one of the reasons for my trip to Doha is to seek a free trade agreement with Qatar together with the EU.”Asked whether an FTA between Qatar and the EU would become a reality soon, he said, “I hope so. We have been in talks for many years now. When the United States is raising tariffs, we have to find new partners. We have to trade more with each other. An FTA will give a boost to overall trade. Especially, the SME sector in our countries will stand to benefit from a free trade agreement.”The Swedish Minister also supported more direct flights and enhanced connectivity between Sweden and Qatar.“Of course, it is people-to-people exchanges than can also lead to more business. Yes, we will love to see that.”Dousa said he will be leaving Doha “very satisfied”.“My visit to Qatar has been very successful. This is a country, which is open and frank...open to the world...trade dependent just like Sweden. Between Qatar and Sweden, we share many similarities, and I am confident our already excellent bilateral relationship will continue to grow,” Dousa added.

Doha Bank has signed a Memorandum of Understanding (MOU) with Seviora Holdings, a Singapore-based asset management group wholly owned by Temasek Holdings.The memorandum lays the foundation for forming a strategic alliance and enables both parties to access new investment and market opportunities, expand their networks and leverage greater expertise.Commenting on the MoU, Doha Bank Group CEO Sheikh Abdulrahman bin Fahad bin Faisal al-Thani said: “Doha Bank continues to explore new opportunities with global partners to achieve the Bank’s strategic objectives. Our MoU with Seviora aligns with this vision, paving the way for mutual benefits by building on our combined expertise —particularly in Asian markets— and offering diverse investment products.”Gabriel Lim, CEO, Seviora Holdings, said: “This MoU reflects Seviora’s commitment to deepening strategic partnerships in key growth markets across the Middle East. Doha Bank’s established presence in Qatar, combined with Seviora’s asset management expertise, provides a strong platform to identify and deliver innovative solutions that meet the evolving needs of investors.“We are thrilled to partner with Doha Bank as we expand our footprint in the Middle East and beyond, and we look forward to leveraging our combined strengths to drive long-term value and sustainable growth.”Sadiq Hussain, SEO, of Seviora (Middle East) said: "We are excited to partner with one of Qatar's leading financial institutions, one which is at the forefront of technology and innovation, ESG banking and diversified product offerings. The MoU reflects Seviora’s Middle East ambition to provide investors in the region with best-in-class access to Asia and beyond."This alliance represents a significant milestone in the growing relationship between Doha Bank and Seviora Holdings and creates a platform for both organizations to explore mutually beneficial opportunities, facilitating knowledge sharing, enhancing risk mitigation, and strengthening each party’s competitive position.

Qatar's Barzan project has contributed to the Middle East region's natural gas production growth last year, according to International Gas Union in its 2025 Global Gas Report.Commissioned in 2022, the Barzan facility supplies pipeline gas to local industries and Qatar’s power generation sector. It also supplies associated hydrocarbon products to local refineries and petrochemical industries and international markets.According to QatarEnergy, the facility can provide 1.4 BSCFD of sales gas to local power generation and water desalination plants as well as local industries.In addition, Barzan has the production capacity to supply ethane, condensate, LPG and sulphur for local markets and export.Further increases are expected in 2025, with Saudi Arabia’s production projected to rise by 8 bcm, as the first phase of Jafurah field – the country’s largest unconventional natural gas development – is expected to begin operations before the end of the year.The development of Saudi Arabia’s gas resources aligns with national plans to replace up to 1 mmbbl/d of oil with natural gas in the power generation sector and to support the expansion of petrochemicals, blue hydrogen and ammonia production.In the Middle East, natural gas production growth was recorded across all major oil and gas producers in 2024, with the UAE leading the increase with a gain of 7bcm, IGU noted.Natural gas supply grew by 65 bcm (1.6%) y-o-y in 2024, reaching 4,090 bcm, driven by significant production gains in the Middle East (+30 bcm, 4.4%) and Russia (+30 bcm, 5.1%).These increases were supported by marginal growth in Asia (+17 bcm, 2.5%), and North America (+5 bcm, 0.4%), which collectively offset declines in other regions.This growth was supported by a 9bcm increase in global liquefaction capacity. In the US, capacity expanded with the year-end startup of Plaquemines LNG.Congo became an LNG exporter with the commissioning of Congo FLNG, while Mexico – still a net importer – exported its first cargo to Europe from the new Altamira FLNG facility, IGU said.

Qatar Free Zones Authority (QFZ) and Kingdee International Software Group Company have officially announced the inauguration of Kingdee’s regional headquarters at Ras Bufontas Free Zone in Qatar. The two parties also signed a strategic cooperation agreement to strengthen collaboration in developing digital solutions and supporting Qatar’s innovation ecosystem. This milestone marks the Chinese technology leader’s strategic entry into the Middle East market, further positioning Qatar as a strategic hub for investment in emerging technologies and innovation. The inauguration ceremony was attended by Abdulla Hamad Al-Binali, Acting Chief Operating Officer at QFZ; Jason Zhang, President of Kingdee Group; and senior representatives from key public- and private-sector stakeholders. Founded in 1993, Kingdee is a global leader in enterprise management cloud SaaS solutions. With over 7.4mn customers globally and operations in some 172 countries, Kingdee brings a wealth of domain expertise and deep technological capabilities. The launch of its regional headquarters in Qatar is in line with the company’s strategy to strengthen its international footprint. In December 2023, Kingdee signed an agreement with the Qatar Investment Authority (QIA), under which QIA committed to invest approximately QR728mn ($200mn) in the company, establishing a strategic partnership that supports Kingdee’s expansion in the region. As part of this partnership, a strategic cooperation agreement was signed by Kingdee and QFZ during the ceremony to expand opportunities for developing advanced digital solutions in Qatar and the wider region. The agreement also, outlines plans to conduct a feasibility study for establishing an innovation ecosystem and a center of excellence in Qatar, encourage Kingdee’s partners and suppliers to establish a presence in the free zones, and collaborate with research and academic institutions to support national capacity building and engage Qatari talent. Sheikh Mohammed bin Hamad Bin Faisal al-Thani, CEO of QFZ, stated: “We are pleased to welcome Kingdee to our free zones. Kingdee’s decision to establish its regional base here is a strong validation of Qatar’s ability to attract pioneering international companies at the forefront of modern technology. With access to cutting-edge infrastructure, unparalleled connectivity, and the investment opportunities that Qatar’s free zones provide to expand across regional markets, Kingdee is well-positioned for growth and success. “Their presence will further strengthen our technology sector and contribute to Qatar’s thriving innovation ecosystem.” Jason Zhang, President, Kingdee Group, said: “Qatar is an economic hub in the Middle East and a crucial node of the ‘Belt and Road Initiative’. The open policies of QFZ, the global perspective of QIA, and the strategic efforts of Invest Qatar have created tremendous opportunities for us to ‘base in Qatar, radiate across the Gulf region, and go global.’” Zhang added: “We will embrace an open and inclusive mindset that integrates global digital technologies with management wisdom to empower local enterprises as well as those going global with world-class products and services to achieve extraordinary results.” The establishment of Kingdee Qatar will strongly support the strategic goals of Qatar’s National Digital Agenda 2030 by delivering “AI-driven + cloud-native” digital transformation solutions, enabling local enterprises to accelerate their progress from “digitalization” to “intelligentization”. Qatar Free Zones Authority (QFZ) continues to attract global companies in the fields of technology and cloud computing, strengthening its position as an advanced, future-ready investment destination. This enables companies to expand locally, regionally, and globally from Qatar, benefiting from a flexible business environment and state of the art infrastructure. This is part of supporting the realization of Qatar National Vision 2030 and strengthening the pillars of the Third National Development Strategy.

Around 270 bcm of approved or under construction LNG liquefaction capacity is currently in the pipeline to be commissioned by 2030, primarily driven by projects in the US and Qatar, according to International Gas Union (IGU).This marks a new growth phase following a prolonged period of stagnation, reflecting the inherently cyclical nature of the liquefaction sector, IGU said in its ‘Global Gas Report 2025’.These cycles are driven by the capital-intensive nature of projects – typically costing around $0.75bn per bcm – and long development timelines, often spanning four to five years from Final Investment Decision (FID) to operation.To manage market risk, developers usually secure most of their capacity through long-term contracts. Due to these factors, the LNG market is expected to remain broadly balanced, with limited opportunity for new developments in the short term and ample supply by 2030.Amid rising demand, there is indication of growing LNG supply reinforcing natural gas’ role as a reliable fuel to meet expected shortfalls, IGU noted.Despite tightness in the near term, the global LNG market is expected to gradually ease over the next few years, and move into surplus as new supply comes online toward 2030.According to IGU, uncertainty surrounding the timing of LNG supply persists despite the expected surge associated with the next wave of LNG projects.In October 2024, TotalEnergies revised its forecast, now anticipating that the next wave of LNG supply will only come to market from 2027, two-years after the previously projected 2025 timeline.The supply outlook remains uncertain due to potential delays as well as regulatory, technical and financial risks to projects. While there is a potential for increased project FIDs as a result of US import tariffs, policies such as the sanctions on Russian LNG are set to strike a blow to global LNG supply as upcoming projects’ ability to acquire necessary equipment, secure vessels and find buyers is becoming increasingly limited.Disruptions to key LNG transit routes, such as the Strait of Hormuz, increase shipping times and costs, undermining project economics and investor confidence. This may lead to slower FIDs for projects dependent on long-distance or chokepoint-exposed routes.IGU noted gas has also proved itself a vital component of global energy security. LNG trade has historically offered cross-border flexibility to respond to shifting demand-supply dynamics during market uncertainties.For instance, the 2022-2024 European energy crisis following the reduction of Russian piped gas supply was stabilised using LNG imports from the US and Qatar.Similarly, East Asian countries like Japan and South Korea rely on spot LNG purchases to balance seasonal fluctuations, establishing natural gas and LNG as geopolitical tools for preventing deeper economic or social fallout through resilient and diversified supply, IGU said.

Beyond the TarmacThe lack of adequate returns is one of the biggest barriers discouraging investment in Sustainable Aviation Fuel (SAF) production globally.SAF is currently much more expensive to produce than conventional jet fuel, often 2–5 times higher depending on the feedstock and technology.Without subsidies, price support, or guaranteed demand, investors face low or negative margins, according to industry analysts.IATA’s SVP of Sustainability and Chief Economist Marie Owens Thomsen noted investment is needed to fund new SAF production facilities and other sustainability initiatives.“Certainly, money is available if investors think the returns will be there. The amount of finance available to artificial intelligence development speaks to the deep pockets that investors have if they believe in a project.“But the truth is that oil is bringing in about a 20% return while renewable energy is lagging at 5%. Bridging that gap requires the right policies and incentives from regulators.”Thomsen said: “The good news is that solar and wind power have already shown the way forward. SAF needs a similar level of investment to these now-established energy markets so regulators should be aware of the constituents of a good policy.“The blueprint for success is there,” says Thomsen. “And it all fits together because this leads back to the idea of radical collaboration. This is not about giving money to aviation, it is about investing in the energy transition. SAF is just one part of the biofuel complex that will drive advances in renewable power.”IATA says the Asia-Pacific region is aviation’s fastest-growing market and notable for its SAF production opportunities. India, Malaysia, and Vietnam are just a selection of countries in the region that could play crucial roles in SAF production.China, meanwhile, has a strong record in strategic planning and is invariably successful in implementing those plans, often before deadline. The country aims to be carbon neutral by 2060 with peak emissions occurring before 2030.A SAF pilot project in China has been extended. The Civil Aviation Administration of China (CAAC)'s 14th Five-Year Plan calls for over 20,000 tons of SAF consumption in 2025 and a Sustainable Aviation Fuel Research Centre to develop standards and a certification system has been established.It is reported that more than 3mn tonnes of SAF production is either planned or in construction.China’s ability to be a trend-setter in SAF is important as SAF will do the heavy lifting if aviation is to reach net-zero by 2050. But Thomsen emphasises that decarbonisation is not just an industry issue.Thomsen suggests that if individual industries try to find their own solution each one will fail. “But together it is possible to succeed,” she adds.“Aside from the economic implications, countries that are forward-looking in this area can achieve greater energy independence. Refineries produce a slew of products so when we talk about SAF production, it is important to remember this is a small share of refined output.“The majority of renewable refined products will benefit other industries. This means that helping airlines obtain sustainable aviation fuel will give most other industries greater access to renewable fuels.”While airlines and regulators are pushing for SAF adoption, the fact remains that the demand is still relatively small and fragmented. Investors worry that commitments may not translate into long-term offtake agreements at profitable prices.Building SAF plants requires billions in upfront investment, with long payback periods. If policy frameworks or incentives such as tax credits, blending mandates, or carbon pricing are unclear, investors may find the risk-return profile unattractive.Many SAF feedstocks (including waste oils, crops and biomass) have alternative uses — like renewable diesel, bio-based chemicals, or even food. These alternatives can offer better returns, drawing investment away from SAF, experts say.Clearly, inadequate returns discourage SAF investment, which is why many experts emphasise the need for a combination of policy incentives, carbon pricing, and long-term purchase commitments from airlines to make SAF commercially viable.

The recent attack by Israel on the State of Qatar is both unjustifiable and strongly condemnable. Qatar, a peace-loving nation, has consistently demonstrated its commitment to ensuring peaceful coexistence and stability across the world. “The country’s commendable efforts in resolving international disputes have been widely recognised and appreciated by the global community,” noted Dr Amanulla Vadakkangara, prominent Indian expatriate, writer, and CEO of Media Plus. This unfortunate incident occurred while Qatar was actively engaged in negotiations for a ceasefire in Gaza, in line with the recommendation of the President of the United States. At such a critical juncture, the attack underscores a blatant disregard for Qatar’s constructive role in promoting peace. Qatar’s stance against aggression remains exemplary. While affirming its legitimate right to defend itself, Qatar reiterates that it will pursue all available legal and diplomatic measures in response to this attack.This principled approach reflects the true hallmark of a civilized and cultured society, one that believes in resolving international disputes through lawful frameworks and diplomatic engagement rather than violence. “Particularly noteworthy is that Qatar has reaffirmed its unwavering commitment to peace, justice, and the rule of international law,” pointed out Amanulla, who has been a Qatar resident for the last 31 years.

C.V.Rappai, prominent Indian entrepreneur and a long-time resident, has condemned the Israeli aggression on Qatar, terming it “totally unacceptable”.Qatar has been working very hard as a mediator to find a peaceful solution to the crisis in Gaza.“I have been in Qatar for the last 45 years. Qatar is very peaceful and among the most peaceful countries in the world. The aggression on Qatar is totally unacceptable. I hope countries around the world will protest the flagrant violation of Qatar’s sovereignty and a blatant breach of international laws and norms,” Rappai said.

Qatar is expected to run a budget surplus of QR14.1bn (1.7% of GDP) this year and see the surplus more than tripling in 2026, on LNG production boost, according to researcher Oxford Economics. In its latest ‘Qatar Economic Forecast’, Oxford Economics said its “energy price forecasts are little changed, with Brent oil at $70 per barrel for this year and $64 for 2026.” “We keep our 2025 GDP growth forecast at 2.7%. This comes on the back of a strong start to the year, with recently reported GDP data showing growth of 3.7% y/y in Q1. The non-energy sector's GDP registered growth of 5.3%, while the energy sector grew by 1%,” noted Oxford Economics in its report authored by Maya Senussi, Lead Economist. “We anticipate GDP growth will nearly double in 2026-2027, with the energy and non-energy sectors contributing positively this year and beyond. We anticipate no noticeable direct impact on Qatar from US tariffs as the US is the destination for less than 2% of Qatar's goods exports. That said, we think the trade-related uncertainty will continue to be a headwind against global demand,” Oxford Economics said. Last year, the authorities doubled down on the North Field gas expansion project, which will have a positive medium-term impact. Qatar raised its liquefied natural gas (LNG) capacity target to 142mn tonnes per year (mtpy) by end-2030. This is up nearly 85% from the current 77mtpy, and up 13% on the intermediate target of 126mtpy by 2027. The first production boost will come from the North Field East project by mid-2026, followed by the North Field South phase of the expansion. The North Field West phase is in its early stages, with construction likely to begin in 2027. The latest monthly report from the Gas Exporting Countries Forum (GECF) showed Qatar's LNG production trends supported an increase in exports in July. Qatar continues to make progress in selling its future gas output. The government has signed long-term supply contracts with India, China, France, Germany, Hungary, Kuwait, and Taiwan, and is negotiating a deal with Japan. According to Oxford Economics, Qatar isn't involved in the OPEC+ pact on production quotas and its oil output has been relatively flat in recent years, at around 600,000 barrels per day (bpd). “We think growth in the energy sector will pick up modestly this year (following a 0.6% expansion in 2024), before rising strongly in 2026-2027,” Oxford Economics noted.

HE the Minister of State for Energy Affairs, Saad Sherida Al-Kaabi met in Doha today Mohammed al-Bashir, Energy Minister of the Syrian Arab Republic. Discussions during the meeting dealt with energy relations and cooperation between Qatar and Syria and means to enhance them.

Qatar Airways and China Southern Airlines have announced a major expansion of their codeshare partnership and an increase in frequencies between Doha and Beijing ahead of the Golden Week holiday period in China.This growth builds on the Memorandum of Understanding signed last year, reinforcing the airlines’ shared commitment to delivering greater connectivity for global travellers from China.Starting October 16, Qatar Airways will share code on China Southern’s three weekly direct flights between Beijing Daxing and Doha.Similarly, China Southern will be expanding its “CZ” code on Qatar Airways-operated flights beyond Doha to some 15 destinations across Africa, Europe, and the Middle East, including Amman, Athens, Barcelona, Cairo, Dar es Salam, Madrid, and Munich.Qatar Airways Chief Commercial Officer, Thierry Antinori said: “Qatar Airways and China Southern have established a partnership that continues to set new benchmarks in the industry. This latest expansion ensures that every Qatar Airways route to China is now accessible to China Southern Airlines’ passengers, underlining our long-term commitment to a market that is integral to our growth and connectivity. Timed with this year’s Golden Week, it provides Chinese travellers with unrivalled access through Doha to over 170 destinations across our global network via Hamad International Airport.”Qatar Airways has already placed its code on China Southern-operated flights between Guangzhou and Doha since April 2024. Building on the existing codeshares from Guangzhou and Beijing Daxing, China Southern will extend its code to flights between Doha and four major Chinese cities of Chengdu Tianfu, Chongqing, Hangzhou, and Shanghai, subject to Chinese government approvals.Beijing Daxing marks the second Chinese gateway to be served with non-stop flights operated by China Southern Airlines. Beijing also connects with Doha through Qatar Airways’ daily flight along with Xiamen Airlines’ daily flight.China Southern Airlines President and CEO Han Wensheng said: “Beijing Daxing is a cornerstone of China Southern’s international development, and the launch of new Doha services further strengthens its role alongside our existing operations from Guangzhou. Together with Qatar Airways, we are expanding opportunities for Chinese passengers to reach destinations across Europe, the Middle East, Africa and the Americas through Doha’s Hamad International Airport. This partnership underscores our commitment to building broader global access and delivering world-class service to our customers.”With this frequency increase and codeshare expansion, Qatar Airways and its two strategic partners, China Southern Airlines and Xiamen Airlines, will now offer 64 weekly flights across eight gateways in Greater China.This is one of the most extensive networks established by Qatar Airways, operated on state-of-the-art aircraft equipped with Starlink’s free-for-all Wi-Fi connectivity in the skies.Qatar Airways and China Southern Airlines will continue to cement their partnership in other areas, including cargo operations and loyalty programmes, as part of their joint commitment to build robust and sustainable partnerships which benefit travellers around the world.

Qatar’s PMI climbing to 51.9 in August indicates accelerating non-oil private sector activity in the country, according to Oxford Economics.Last month, the PMI climbed to 51.9, which Oxford Economics noted is “fuelled by the fastest job creation and employment growth in the region”.Business activity in the GCC’s non-oil private sector continued to strengthen in August, Oxford Economics said.The UAE’s PMI rose to 53.3 from July’s four-year low of 52.9, driven by faster output growth. Saudi Arabia’s PMI edged up slightly to 56.4, supported by stronger client demand and infrastructure projects.“Overall, the GCC's non-oil private sector has seen sustained expansion this year, and we expect 4% growth in the region's non-oil output this year,” Oxford Economics said.In Saudi Arabia, credit growth slowed to 15.2% y/y in August but remained well above deposit growth of 8.4%. A sharper drop in mortgage lending suggests softer real estate activity, although consumer credit stayed strong.“We expect early interest rate cuts to support credit demand, likely pushing the average loan-to-deposit ratio to a new high. This could raise liquidity concerns in the coming months, especially if deposit growth continues to lag,” Oxford Economics noted.In a recent report the researcher noted Qatar's fiscal balance is estimated to scale up to 5.4% (of country’s GDP) in 2026 from 1.8% this year.A growing fiscal balance signals improved macroeconomic stability and a stronger ability to manage government debt in the country, an analyst noted.In an indication of the country’s level of international competitiveness, Qatar’s current account will improve further reaching 18.3% of the country’s GDP in 2026, from 17.5% this year.Qatar’s real GDP growth has been forecast at 2.7% year-on-year (y-o-y) this year, rising to 4.8% in 2026.Inflation has been forecast at 0.4% this year and 2.8% in 2026.In its last country report, Oxford Economics noted Qatar’s GDP growth “will more than double” in 2026-2027, with both the energy and non-energy sectors contributing positively this year and beyond, according to Oxford Economics.

Driven by the public sector, loans disbursed by the local banks in Qatar increased by 1.1% MoM to QR1,406.9bn in July, according to QNB Financial Services (QNBFS).Total public sector loans expanded by 4.5% MoM (+9.5% on FY2024) in July.The government segment (represents 35% of public sector loans) was the main driver for the public sector gains with an expansion of 7.2% MoM (+32.7% on FY2024), while the government institutions segment (represents 61% of total public sector loans) increased by 3.3% MoM (+0.4% on FY2024).Further, the semi-government institutions segment contributed immaterially, moving up by 1.1% MoM (-0.9% compared to FY2024) during July.Total private sector loans were flat MoM (+2.6% vs. FY2024) during July with negligible contribution across all segments.Outside Qatar loans were flat MoM (and compared to year-end 2024) in July, QNBFS said in its ‘Qatar Monthly Key Banking Indicators’.Loan provisions to gross loans moved up to 4.2% MoM in July, compared to 3.9% (as of year-end 2024).Loan provisions have increased 11.8% compared to year-end 2024 as banks have been provisioning for Stage 2 and Stage 3 loans mainly emanating from contracting and real estate sectors.On a positive note, Stage 3 loans have remained stable.Loans grew by an average 5.4% over the past five years (2020-2024), QNBFS noted.Banking sector total assets remained flat MoM (+3.4% vs. year-end 2024) in July 2025 at QR2.117tn.With loans growth outpacing deposits during July 2025, the loan-to-deposit ratio (LDR) came in at 134% compared to 132% in June.Public sector deposits climbed up by 0.6% MoM (+3.4% compared to FY2024) in July.Looking at segment details, the government segment (represents 34% of public sector deposits) moved up by 1.6% MoM (+4% compared to FY2024).On the other hand, the government institutions’ (represents 54% of public sector deposits) was flat MoM (+4.1% vs. FY2024), while the semi-government institutions’ segment (represents 12% of public sector deposits) increased by 1.9% MoM (-1.6% vs. FY2024) during July 2025.Non-resident deposits contracted by 3.2% MoM (-2.2% vs. FY2024) during July 2025. Non-resident deposits as a percentage of declined from 19.2% in June 2025 to 18.7% in July 2025 (FY2025: 19.5%).Private sector deposits remained flat MoM (+2.9% compared to FY2024) in July.On the private sector front, companies and institutions was flat MoM (Flat compared to FY2024). Moreover, the consumer segment also remained flat MoM (+5.2% compared to FY2024).The overall loan book increased by 1.1% MoM in July 2025, aided by public sector loans.Qatar banking sector liquid assets to total assets stood at 31% in July compared to 32% in June, which remains in a strong position, QNBFS said.

Beyond the TarmacAn improvement in both passenger and cargo volumes in the global air transport industry during July suggests renewed economic momentum, stronger global trade, and growing travel demand clear signs of resilience and confidence in the global air transport sector.Data released by the International Air Transport Association (IATA) revealed global passenger demand measured in revenue passenger kilometres (RPKs), was up 4% in July compared to the same period in 2024.Similarly, total demand in global air cargo, measured in cargo tonne-kilometres (CTKs), rose by 5.5% in July compared to July 2024 levels.Industry analysts see increased passenger and cargo activity in July reflecting restored international mobility, expansion of route networks, and better global connectivity between markets.In the passenger segment, the July load factor was 85.5% (-0.4 ppt compared to July 2024).International demand rose 5.3% in July compared to July, 2024. Capacity was up 5.8% year-on-year, and the load factor was 85.6% (-0.4 ppt compared to July 2024).Domestic demand increased 1.8% in July compared to the same month in 2024. Capacity was up 2.3% year-on-year. The load factor was 85.2% (-0.4 ppt compared to July 2024).In the global air cargo segment, capacity, measured in available cargo tonne-kilometres (ACTK), increased by 3.9% compared to July 2024 (+4.5% for international operations).IATA Director General Willie Walsh noted, “Air cargo demand grew 5.5% in July, a strong result. Most major trade lanes reported growth, with one significant exception: Asia–North America, where demand was down 1.0% year-on-year.“A sharp decline in e-commerce, as the US 'de minimis' exemptions on small shipments expired, was likely offset by shippers frontloading goods in advance of rising tariffs for imports to the US. August will likely reveal more clearly the impact of shifting US trade policies.“While much attention is rightly being focused on developments in markets connected to the US, it is important to keep a broad perspective on the global network. A fifth of air cargo travels on the Europe–Asia trade lane, which marked 29 months of consecutive expansion with 13.5% year-on-year growth in July.”According to IATA, several factors in the operating environment should be noted.First, the global goods trade grew by 3.1% year-on-year in June.The July jet fuel price was 9.1% lower year-on-year and has remained below 2024 levels so far this year, easing airlines’ operating costs. However, it was 4.3% higher than in June.Global manufacturing contracted in July with the PMI falling to 49.66, the second dip below the 50-mark growth threshold since January.Also, new export orders also remained negative at 48.2 for the fourth month, reflecting waning confidence amid US trade policy uncertainty.“It has been a good northern summer season for airlines. Momentum has grown over the peak season with July demand reaching 4% growth. That trend appears across all regions and is particularly evident for international travel, which strengthened from 3.9% growth in June to 5.3% in July. Moreover, with flight volumes showing a 2% year-on-year increase for September after five months of decelerating growth, airlines are positioned to take advantage of this market momentum into the coming months,” Walsh noted.Rising cargo volumes typically reflect growth in international trade, manufacturing, and supply chain demand. Passenger growth points to higher consumer confidence, business travel recovery, and robust tourism.July is usually a peak travel season in the Northern Hemisphere, but stronger-than-usual growth suggests that the industry may be moving beyond past slowdowns triggered by pandemic aftereffects, geopolitical disruptions, or supply chain constraints.Sustained improvements in both segments signal that stakeholders (governments, investors, airports, and logistics firms) see the industry on a stable growth trajectory, supporting investment and fleet expansion.Clearly, the improvement in passenger and cargo volumes in July highlights a rebound in the global air transport industry. Higher passenger traffic reflects strong travel demand, while increased cargo volumes point to healthy global trade flows.The dual rise in passengers and cargo confirms that the industry is on a path of resilience and long-term growth, supported by both consumer demand and global economic activity.Together, they indicate renewed economic momentum, rising consumer and business confidence, and a continued recovery in international connectivity.