Author

Commercial Bank has marked the successful conclusion of the third edition of its Young Investors Programme, alongside the completion of its summer internship programme.As a key player in the financial landscape, Commercial Bank has always been an advocate for financial empowerment. This dedication has been reflected in the Bank’s Young Bankers Programme, which sparked students’ interest in exploring investment opportunities and wealth-building strategies. In response, Commercial Bank launched the Young Investors Programme to provide Qatar’s youth with practical banking knowledge, hands-on experience in financial markets, and direct exposure to real-world scenarios. Since then, the Bank has conducted a series of sessions covering both local and international markets, later expanding the initiative to include participation from external organisations such as the Qatar Stock Exchange, as well as experts from local universities. The summer internship programme, held as part of this initiative, was recently concluded with a graduation ceremony attended by the young participants, their parents, and employees representing Commercial Bank’s various departments. The ceremony celebrated the hard work of the youth as they completed their practical learning journey.Stephen Moss, Group Chief Executive Officer at Commercial Bank, said: “At Commercial Bank, we remain committed to empowering the next generation through financial education. Today marks the successful completion of the third edition of our Young Investors Programme and the conclusion of our summer internship programme. The dedication and passion of the participants have proven that the future of finance is in capable hands. I would like to thank the parents, guardians, trainers, university experts, and employees whose support and guidance have made this programme a success.” Shahnawaz Rashid, EGM and Head of Retail Banking at Commercial Bank, stated:“This initiative represents a vital pillar of our Corporate Social Responsibility strategy. We remain committed to dedicating the necessary resources to ensure its continuous growth and enhancement. It is a privilege to support our participants on their journey toward financial confidence and empowerment. The graduation ceremony was a proud milestone, showcasing the success of our expanding alumni network across Qatar and our ongoing commitment to nurturing talent.”Reham S. Thawabi, AGM and Senior Director of Premium Banking at Commercial Bank, added: "From elevating banking experiences to empowering the next generation to become financially adept, Commercial Bank has always embraced being an enabler of change. Our CB Young Investors Programme has not only transformed the students' understanding of banking from theory to practice but also introduced them to the concepts of investing in both local and international markets. “

Market EyeQatar remains among the top three LNG exporters globally in the latest data released by Gas Exporting Countries Forum (GECF).Last month, global LNG exports surged by 12% y-o-y (3.83mn tonnes) to reach 36.55mn tonnes, a "record high" for the month and the "strongest" annual growth rate since July 2019.The increase was driven by higher exports from both GECF Member Countries and non-GECF countries, which more than offset a decline in LNG re-exports.Between January and July 2025, global LNG exports rose by 5.0% y-o-y (11.93mn tonnes) to reach 249.66mn tonnes, largely supported by gains from non-GECF exporters, and to a lesser extent by GECF Member Countries and LNG re-exports.Non-GECF countries remained the largest exporters in July, with their market share rising to 55.2%, up from 53.1% a year earlier.In contrast, the shares of GECF Member Countries and LNG re-exports declined from 45.5% and 1.4% to 44.3% and 0.5%, respectively.In July, LNG exports from GECF member and observer countries rose by 8.7% y-o-y (1.30mn tonnes) to reach 16.20mn tonnes. At the country level, Algeria, Equatorial Guinea, Malaysia, Mauritania, Nigeria, Peru, Qatar, Senegal, and Trinidad and Tobago contributed to the increase, offsetting a decline in exports from the United Arab Emirates.From January to July, GECF LNG exports grew by 1.8% year-on-year (1.99mn tonnes) to 113.59mn tonnes. The additional volumes were mainly driven by Angola, Mauritania, Nigeria, Qatar, Senegal and Trinidad and Tobago.In Algeria and Malaysia, reduced maintenance activities at the Arzew and Bintulu LNG facilities, respectively, supported the rise in exports.Additionally, higher feedgas availability boosted LNG exports from Equatorial Guinea, Malaysia, Nigeria, Peru and Trinidad and Tobago. The ramp-up of production from the GTA FLNG 1 facility in Mauritania/Senegal continued to support growing export volumes from both countries.Qatar’s LNG export growth was supported by production exceeding the nameplate capacity at the Ras Laffan liquefaction complex, GECF data show.Conversely, the decline in LNG exports from the United Arab Emirates was attributed to planned maintenance at the Das Island LNG facility.In July, non-GECF countries’ LNG exports surged by 16% y-o-y (2.82mn tonnes) to reach 20.18mn tonnes, which is the second highest monthly LNG exports after March 2025.The stronger LNG exports was driven by Australia, Canada, Mexico, and the US, which together offset weaker LNG exports from Norway.Between January and July 2025, non-GECF LNG exports grew by 7.9% (9.80mn tonnes) y-o-y to 134.03mn tonnes, supported by stronger LNG exports from Canada, Mexico and the US.Stronger LNG output from Gorgon and Ichthys—due to reduced maintenance—boosted Australia’s LNG exports, offsetting lower flows from North West Shelf caused by limited feedgas.In Canada and Mexico, rising exports were driven by ramp-ups at LNG Canada and Altamira FLNG 1, respectively.The US saw the largest non-GECF increase, led by surging volumes from Corpus Christi, Freeport, and Plaquemines. Corpus Christi and Plaquemines benefited from new train ramp-ups, while Freeport’s gains stemmed from reduced maintenance and debottlenecking that expanded production capacity.

QatarEnergy targets a total carbon capture, utilisation and storage (CCUS) capacity of 7-9 MMTPY by 2030 and over 11 MMTPY by 2035 as part of its commitment to promoting a low-carbon business.“CCUS is an important lever in our corporate strategy to develop a position in low-carbon businesses,” QatarEnergy said in its ‘Sustainability Report’.“As our CCUS capacity grows in the coming years, we understand that a CCUS standard and framework is required for the State of Qatar and are contributing to their development,” QatarEnergy said and noted, “Our current 2.2 MMTPY CCUS capacity captures inherent CO2 in the feed gas to the LNG trains and sales gas assets.”The capture of this CO2 is important in producing lower carbon intensity LNG for export, the report noted.At the NFE and NFS LNG expansion projects (at North Field), QatarEnergy also intend to incorporate CCUS systems, which will be integrated with existing CCUS capacity.Since its inception, QatarEnergy has captured and successfully stored around 6.3mn metric tonnes of CO2.According to QatarEnergy, future CCUS plans include integrating CCUS with existing LNG trains, capturing CO2 in the production of lower-carbon ammonia, capturing CO2 from a new natural gas processing facility supplying feed gas to downstream industries, while capturing post-combustion carbon from gas fired turbines as, well as building CO2 transport pipeline infrastructure.“The feasibility and implementation of all projects under consideration is subject to QatarEnergy’s robust technical and economic evaluation processes considering all aspects of the CCUS value chain (capture, transport, utilisation and storage),” the report said.The report includes key highlights in progressing CCUS in 2023. The CO2 Export Project is progressing on schedule, achieving an overall progress of around 94%.The project will export captured CO2 from QatarEnergy LNG South facilities to Dukhan for enhanced oil recovery purposes.The FEED project to capture CO2 from seven QatarEnergy LNG North trains and three QatarEnergy LNG South trains was awarded in 2023 and year-end progress was over 50%.CO2 will be captured from the acid gas enrichment process of the LNG trains and compressed in a centralised facility to meet the required wellhead injection pressure. Six injection wells will be drilled within RLIC as part of the project.The potential CO2 capture from this project is over 4 MMTPY, significantly contributing to the reduction of GHG intensity of QatarEnergy LNG facilities.As part of further emissions mitigation from QatarEnergy operations, in 2022, QatarEnergy signed a memorandum of understanding with an original equipment manufacturer (OEM) to develop a CCS roadmap.In 2023, the OEM commenced a feasibility study of implementing post-combustion carbon capture technologies with the objective of capturing around 2.5 MMTPY of CO2 from power plants.

Commercial Bank has partnered with DHL Express to introduce the ‘GoGreen Plus Sustainable Shipping’ offer, a unique initiative designed to deliver value, ease, and environmental impact to the bank’s credit card customers.This programme enables CB credit cardholders to send outbound parcels weighing up to 1kg for just QR1 at participating DHL Service Points across Qatar, offering a blend of affordability and environmental responsibility.The initiative will run until September 3.This offer is anchored in DHL’s GoGreen Plus product, which focuses on reducing the carbon footprint of global logistics by incorporating sustainable aviation fuel (SAF) in the time-definite international shipments.Commercial Bank’s collaboration with DHL Express marks a significant step in aligning retail offerings with global sustainability goals, while creating tangible, everyday benefits for customers. With sustainability increasingly influencing consumer choices, this partnership meets the moment by combining a convenient shipping solution with a clear commitment to the environment.Commenting on the partnership, Shahnawaz Rashid, executive general manager and head (Retail Banking) at Commercial Bank, said: “This partnership with DHL Express reflects Commercial Bank’s commitment to offering value to our cardholders while supporting global sustainability efforts. Through this initiative, we aim to encourage responsible consumer choices while enhancing everyday experiences through meaningful rewards.”DHL Express Qatar managing director, Ahmed Elfangary stated: “We are proud to work alongside Commercial Bank in launching this meaningful initiative. DHL has long been committed to reducing emissions and driving sustainable logistics globally. By making green shipping accessible at just QR1, we are not only making sustainability practical, but we are also reinforcing the power of collaboration between sectors to make real-world impact.”As Qatar continues to make strides in environmental consciousness, the GoGreen Plus Sustainable Shipping Offer represents a step forward in rethinking customer engagement through the lens of sustainability.Through this initiative, Commercial Bank is once again leading by example, demonstrating how innovation, responsibility, and customer-centricity can come together to shape a better future.

QIIB has been named ‘Best Islamic Retail Bank in Qatar for 2025’ by Global Business & Finance magazine in recognition of the bank’s excellence in providing innovative, comprehensive retail services and its ability to respond swiftly and effectively to the evolving needs of its customers. The judging panel at the Global Business & Finance stated that QIIB was selected for this award following a comprehensive evaluation of its retail banking performance over the past year. The bank demonstrated a strong ability to develop advanced banking products, enhance its digital channels to offer a seamless and user-friendly experience, and adopt the highest standards of quality and innovation in service delivery. The magazine praised the bank’s strategic vision, which combines banking leadership with operational flexibility, enabling it to meet the needs of a broad customer base. It also highlighted QIIB’s continued investment in digital infrastructure and modern technologies, which ensure secure, 2x7 access to services. QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei said, “We are pleased to receive this prestigious award, which reinforces QIIB’s position as a leading banking institution in Qatar. It also affirms our success in building a banking experience that meets the needs of all customer segments and supports their expectations”. He noted, “We have been committed to providing a comprehensive customer experience by enhancing our digital services, expanding our financing products, and offering smart solutions that simplify day-to-day banking, all supported by a professional team and a state-of-the-art technological infrastructure built around the latest trends in the banking sector”. Dr. Al-Shaibei noted that the award serves as an added incentive to continue delivering excellence, stating: "We see this recognition as a new milestone in our journey of innovation and achievement. It strengthens our commitment to developing new products and services that bring real value to our customers, with a strong focus on satisfaction and continuous improvement”. He went on to highlight that customer satisfaction stands a top priority for QIIB, as it is considered a key measure of any financial institution’s true performance. “QIIB is committed to delivering a rich and integrated banking experience that includes a wide range of both digital and traditional services. The Bank offers customers flexible, easy-to-use options—whether through mobile banking, branches, the call center, or interactive platforms—ensuring excellence in service, convenience in every transaction, and stronger long-term relationships with its customers”. Al-Shaibei thanked Global Business & Finance magazine for the recognition, and extended his appreciation to all QIIB employees for their dedicated efforts in embodying the bank’s vision and achieving its strategic goals with professionalism and excellence.

Qatar Islamic Bank (QIB) has announced the successful closure of its three-year, $1bn unsecured, dual-tranche term Murabaha financing facility.The facility was substantially oversubscribed (two times) at competitive all-in pricing and upsized from its initial launch amount of $600mn, due to strong demand from the financial markets.The syndication was managed by QIB Wholesale Banking Group and was led by HSBC Bank Middle East Limited, SMBC Bank International PLC and Standard Chartered (as initial mandated lead arrangers and bookrunners and global coordinators).Facility agent bank role was assigned to HSBC Saudi Arabia. Norton Rose Fulbright and White & Case acted as the legal advisors to MLA’s and QIB respectively.The transaction was well supported by strong group of regional, Asian and international banks with wide participation of 15 institutions joining the syndication allowing a substantial oversubscription and diversified coverage, which led the deal to be significantly upsized from $600m to $1bn.Commenting on the syndication closure, Bassel Gamal, Group CEO of QIB said: "This landmark syndicated Islamic Financing Facility has attracted a significant interest from both global and regional banks, allowing QIB to broaden its investor base while building valuable and long-lasting relationships.“The oversubscription at competitive pricing despite the challenging global market conditions is a clear testament of the strength of Qatar’s banking sector, QIB's solid financial standing and its position as leading Islamic bank in Qatar and the region."For the first half of 2025, the bank’s profit has registered a growth by 5.3%, over the same period in 2024, to reach QR2,175mn.QIB was able to manage the ratio of non-performing financing assets to total financing assets at 1.75%, one of the best in the industry, reflecting the quality of the bank’s financing assets portfolio and its effective risk management framework.QIB continues to pursue the conservative impairment policy by building precautionary impairment charge for financing assets, other assets and other provisions and maintain a healthy coverage ratio for non-performing financing assets to 95.1%.Additionally, QIB continued to demonstrate a strong performance and leadership in the banking sector, earning international credit ratings affirmation and multiple awards that reflect its ongoing commitment to deliver outstanding value to its shareholders and customers.

Qatar Airways is currently installing Starlink Wi-Fi on its Airbus A350s after the roll out in its Boeing 777 aircrafts in “record time”.“We have already completed the @Starlink Wi-Fi rollout across 54 of our Boeing 777 aircrafts in record time. From a two-year to a nine months programme – nearly 50% 'faster' than planned,” Qatar Airways said in a posting on ‘X’.The national airline said it is “bringing faster-than-home Wi-Fi onboard, free for all passengers”.Qatar Airways said the installation of Starlink Wi-Fi on B787s (Dreamliners) is “soon to follow”.Last month, Qatar Airways had announced it became the first airline in the world to fully equip and operate over 50 widebody aircraft with Starlink, and the only carrier in the Mena region offering the service.This milestone makes Qatar Airways the operator of the largest number of widebody aircraft equipped with Starlink technology.It also cements the airline’s position as the global leader in Starlink-equipped long-haul and ultra-long-haul connectivity, and the only carrier in the Middle East and North Africa offering the service.Originally scheduled as a two-year programme, the installation was completed in nine months; nearly 50% faster than planned. By cutting the retrofit time from three days to just 9.5 hours per aircraft, the airline completed the rollout programme without disrupting operations.Passengers in both premium and economy cabins enjoy free, gate-to-gate Wi-Fi speeds of up to 500Mbps per aircraft, the airline said in July.Whether streaming, gaming, or working, they can expect a fast and reliable connection comparable, if not better, to their experience at home.Building on the success of the rollout programme for Boeing 777s, the airline is now equipping its Airbus A350 fleet, aiming to complete Starlink installation within the next year.Since launching the world’s first Starlink-equipped Boeing 777 in October 2024, Qatar Airways has operated over 15,000 Starlink-connected flights, continuing to redefine the modern travel experience with world-class services and pioneering innovation.

Qatar has dispatched 22 more LNG cargoes in the first seven months (7M) until July of this year compared to the same period in 2024, according to the Gas Exporting Countries Forum.In its latest report, the Doha-headquartered GECF noted during this period (7M), GECF countries accounted for 46% of shipments, led by Qatar, Malaysia and Russia.At the end of the 7M-period this year, some 3,728 cargoes were exported, which is 44 more than during the same period in 2024.Last month, there was a surge in shipping activity, with some 542 LNG cargoes exported globally. This figure was 35 more than a year ago and was also 8% greater m-o-m.According to GECF, there was a slight recovery in LNG carrier charter rates during July of this year. Last month, the monthly average spot charter rate for steam turbine LNG carriers globally increased by 87% m-o-m to reach $5,800 per day.Nevertheless, this average charter rate was still 84% less than one year ago, as well as $30,600 per day lower than the five-year average price for the month.In addition, the charter rates for the other segments of the LNG carrier fleet also increased marginally during the month.The average spot charter rate for TFDE vessels was recorded at $21,800 per day, which was an increase of 23% m-o-m, but still 63% lower y-o-y.Similarly, the average spot charter rate for two-stroke vessels rose by 14% m-o-m to $36,600 per day, which remained 53% lower than one year ago.Although the monthly average charter rates increased from June to July 2025, there was a general downward trend in daily charter rate assessments as the month progressed. The market weakness continues to be driven primarily by oversupply, with many of the less-efficient older vessels sitting idle.Although there was a small incentive for floating storage around Europe, this was limited by the sale of German UGS capacity, which eroded the price spread.Moreover, a closed inter-basin arbitrage for cargoes from the US Gulf to Asia also reduced demand, placing further downward pressure on charter rates.In July, the average price of shipping fuels remained steady at an estimated $510 per tonne. This average price was 14% lower compared to one year ago, and was also 12% less than the five-year average price for this month.During this month, the uptick in the average LNG carrier spot charter rate and the stability in the cost of shipping fuels were balanced by a decrease in the delivered spot LNG prices, GECF noted.Consequently, there was an overall slight increase in the LNG spot shipping costs for steam turbine carriers, by up to just $0.02/MMBtu on certain routes.Furthermore, compared to one year ago, in July, the monthly average spot charter rate and cost of shipping fuels were both lower, while the delivered spot LNG prices were higher.As a result, LNG shipping costs were up to $0.67/MMBtu lower than in July 2024, the report noted.

Beyond the TarmacWhile global aviation safety trends continue to be positive, statistics recently published by the International Civil Aviation Organisation (ICAO) are a stark reminder of the need to heighten and broaden global co-operation on key safety priorities, particularly as flight volumes increase worldwide.The data in ICAO’s ‘2025 Edition Safety Report – State of Global Aviation Safety’ shows some 95 accidents involving scheduled commercial flights last year, compared to 66 accidents in 2023.As many as 10 of those accidents were fatal, with the total number of fatalities reaching 296, up from 72 the previous year. The global accident rate also rose, to 2.56 accidents per million departures, compared to 1.87 in 2023.These accident figures remain lower than pre-pandemic levels and come as the aviation system accommodated record breaking traffic volumes, with over 37mn departures worldwide.ICAO’s report also reveals trends specific to regions.The Asia-Pacific and Europe/North Atlantic regions each recorded three fatal accidents during the reporting period, while one event in South America resulted in some 62 fatalities. The Asia-Pacific region saw the highest overall fatality count, followed by South America and Europe/North Atlantic.The report provides more details into the factors determining these outcomes in each region, including the support and co-ordination being implemented by ICAO Regional Offices and implementation support mechanisms to maintain and continuously improve aviation safety at the regional level.“Aviation remains the safest form of transport, and the long-term trend demonstrates continuous improvement,” remarked ICAO Secretary-General Juan Carlos Salazar.“The figures from 2024 are a tragic and timely reminder that sustained, collective action is necessary to keep advancing toward ICAO’s goal of zero fatalities in commercial air transport,” remarked ICAO Council President Salvatore Sciacchitano.“ICAO will reinforce its advocacy and support for robust safety management, innovation, and international collaboration towards this goal.”According to ICAO, global passenger traffic continued to grow in 2024 with around 4.528bn passengers transported worldwide, up from 4.17bn passengers in 2023 and surpassed the pre-pandemic (2019) level of 4.5bn passengers.The passenger traffic in 2024 increased 8.6% from 2023. The number of flight departures for scheduled commercial operations also increased by 5.2% with over 37mn departures in 2024, compared to over 35mn in 2023, though slightly lower than the pre-pandemic (2019) level.ICAO’s analysis identified four high-risk categories that accounted for 25% of fatalities and 40% of fatal accidents in 2024: Controlled flight into terrain, loss of control in flight, mid-air collision and runway incursion.The organisation also noted that turbulence accounted for nearly three-quarters of all serious injuries, pointing to the increasing impact of weather-related hazards.To address these specific risks and other emerging risks, ICAO is advancing several targeted initiatives. Global runway safety action plans aim to reduce runway excursions and incursions, while enhanced real-time turbulence monitoring systems will help aircraft operators better anticipate and avoid severe weather.The report also addresses the growing threat of Global Navigation Satellite System (GNSS) radio frequency interference, which ICAO is mitigating through the development of enhanced guidance on spoofing and jamming mitigation, updating navigation manuals to better handle GNSS disruptions, and working with international partners to establish protective frameworks to safeguard these systems.Enhanced systems for accident/incident and wildlife strike reporting are supporting a more data-driven approach to industry safety, which will help identify emerging risks before they lead to accidents. In this regard, ICAO reported progress in transparency and learning from past events.ICAO has also highlighted the importance of promoting enhanced civil-military co-operation to address conflict related risks.Looking forward, ICAO is preparing for tomorrow's technologies by developing safety frameworks for the safe integration of unmanned aircraft and advanced air mobility vehicles into traditional airspace, which is another significant focus of today’s publication.Obviously, higher flight volumes mean more aircraft in the sky, denser airport traffic, and tighter schedules.This raises the risk of runway incursions, mid-air conflicts, and air traffic management errors, requiring stronger safety systems and co-ordination.Clearly, air travel is built on trust-passengers fly because they believe it is safe!Therefore, even a single major accident can severely undermine confidence in airlines, airports, and regulators, potentially reducing demand.As global air traffic continues to expand, safety must be regarded not merely as a regulatory requirement but as the cornerstone of sustainable growth, passenger confidence, and operational resilience.Airlines and regulators that place safety at the heart of their strategies will be better placed to tap rising demand even as they safeguard against potential risks.

Total assets of commercial banks in Qatar expanded by 2.8% MoM during June to QR2.125tn, according to QNB Financial Services (QNBFS).Total assets moved up 3.8% in June compared to end-2024. Assets grew by an average 5.7% over the past five years (2020-2024).Liquid assets to total assets stood at a healthy 32% level in June, QNBFS said.Loans disbursed by commercial banks in the country increased by 1% MoM in June to QR1,391bn.The loans increase in June was mainly due to an increase by 1%/0.7% in public sector/private sector loans.Loans expanded by 3.5% in June this year compared to a growth of 4.6% in 2024, growing by an average 5.4% over the past five years (2020-2024).The government segment (represents 34% of public sector loans) was the main driver for the public sector gains with an expansion of 15.8% MoM (+23.9% compared to 2024), while the government institutions segment (represents 62% of total public sector loans) contracted by 5.2% MoM (-2.8% compared to 2024).However, the semi-government institutions expanded by 9.4% MoM (-2.0% compared to 2024) during June.According to QNBFS, loan provisions to gross loans remained flattish at 4.1% in June compared to May this year.Loan provisions have increased from 2.4% in 2020 to 4% in 2023 and stood at 4.1% (as of May this year) as banks have been provisioning for Stage 2 and Stage 3 loans, mainly emanating from the contracting and real estate sectors.Deposits (with local banks) gained 1.9% MoM in June to QR1,052.5bn, QNBFS noted.The deposits increase in June was driven by 1.7%/1.1% surge in public sector/private sector deposits and an expansion of 3.7% in non-resident deposits.Deposits grew up 2.5% in June compared to an increase by 4.1% in 2024, while they grew by an average 3.9% over the past five years (2020-2024).The government segment (represents 34% of public sector deposits) moved up by 1.6% MoM (+2.4% versus 2024).Moreover, the government institutions’ (represents 54% of public sector deposits) inched up by 0.9% MoM (+4.5% versus 2024), while the semi-government institutions’ segment (represents 12% of public sector deposits) also moved up by 0.9% MoM (-3.5% versus 2024) during June.In May, public sector deposits contributed 34.9% to total deposits, while private sector accounted for 46% and non-resident 19.2%.Loans to deposits ratio (simple LDR which does not take into account other stable sources of funds) moved down to 132.3% (as of June) with deposits and loans broadly moving in lockstep.However, as per QCB’s guideline in calculating the LDR (including stable sources of funds), the LDR is well below the 100% limit, QNBFS noted.

QatarEnergy targets 15% reduction in upstream carbon intensity and 25% reduction in LNG facilities carbon intensity by 2030 as part of its ‘approach on climate change action.’In support of its approach on climate change action, QatarEnergy has defined a number of short-to-medium term climate change targets focusing on reducing the carbon intensity of our upstream and LNG operations; improving operational excellence through energy efficiency, reduced flaring and methane intensity reduction; as well as growing its low-carbon business activities with renewables and Carbon Capture, Utilisation and Storage (CCUS) capacity targets.Explaining its ‘Climate Change and Environmental Action’, QatarEnergy noted on its portal, “Climate change is one of the most significant global challenges facing our planet — a challenge requiring collaborative and co-ordinated action, as well as investment at local, regional and global levels.“QatarEnergy is committed to playing its part. Our sustainability strategy and actions are guided and informed by the State of Qatar’s commitment to the Paris Agreement, as reflected in the Qatar National Vision (QNV) 2030 and the National Climate Change Action Plan (NCCAP).“As one of the largest producers and suppliers of natural gas, we recognise the important role we can play in global efforts rapidly reduce greenhouse gas emissions and support the transition to a low-carbon energy system. In addition to supplying lower-carbon natural gas, we are investing in the development of new low-carbon businesses and solutions that can help reduce carbon emissions across value chains.”For 2035, QatarEnergy has set the following target: 25% reduction in upstream carbon intensity and 35% reduction in LNG facilities carbon intensity.Targeting operational excellence, QatarEnergy has 0.2% target weighted methane intensity by 2025, zero target routine flaring by 2030 and 150 MMSCFD target gas sacing due to energy efficiency by 2030.QatarEnergy has 2 to 4GW target (solar capacity) by 2030 and 7-9MMTPY target CCUS capacity by 2030.As part of lowering its carbon footprint, QatarEnergy has targeted in excess of 5GW solar capacity by 2035 and in excess of 11MMTPY CCUS capacity by 2035.As a responsible corporate citizen, QatarEnergy said it recognises the importance of safeguarding and preserving Qatar’s natural resources. “We acknowledge the urgent need to address environmental challenges, such as the depletion of resources and loss of biodiversity. Through our actions and collaborations, we contribute to a more sustainable future for our country and the world at large.”QatarEnergy has a robust Environmental Management System (EMS) in place that is ISO 14001:2015 certified. The EMS applies to all QatarEnergy’s current and planned activities.“Our standards, procedures and guidelines are intricately designed to align with our dedication to environmental welfare, ensuring the preservation of ecosystems and minimising impacts on the receiving environment.“We have corporate standards in place for environmental risks and requirements related to site preparation works for new capital projects, abandonment at the end of life of assets and the remediation and restoration of land. Our corporate procedures include a procedure for conducting environmental assessments for new capital projects.“This procedure complies with Qatar’s Environmental Protection Law and meets the requirements to apply for environmental permits from the Ministry of Environment and Climate Change (MECC) prior to commencing project execution. Our environmental assessment guidelines define the requirements and methodologies for undertaking environmental impact identification and assessment studies,” QatarEnergy noted.

Gas Exporting Countries Forum (GECF) secretary-general Mohamed Hamel has affirmed GECF’s unwavering commitment to Africa’s energy aspirations and highlighted the continent’s vast potential to expand energy access, accelerate economic growth, deepen regional integration, and strengthen global energy security.He was delivering the keynote address at the 3rd Namibia Oil and Gas Conference in Windhoek recently.Hamel underscored GECF’s unwavering commitment to Africa’s energy aspirations, as enshrined in the Algiers Declaration, which reaffirms the sovereign rights of nations over their natural gas resources and supports efforts to eradicate energy poverty, drive industrialisation, and promote inclusive socio-economic development.Representing 20 of the world’s leading gas-producing countries – including nine from Africa – the GECF serves as a unique platform for investment facilitation, policy dialogue, capacity building, and technology transfer.He highlighted the forum’s proven expertise in delivering comprehensive market analysis, policy insights, and strategic partnerships to help member countries harness the full potential of natural gas in achieving the United Nations 2030 Agenda and the African Union’s Agenda 2063.Commending Namibia’s recent offshore discoveries – including Venus, Graff, and Mopane – Hamel said these milestones firmly place the country among Africa’s most promising energy frontiers. He stressed that natural gas is not merely a “bridge fuel” but a “destination fuel” – critical for securing energy supplies, powering industrialisation, and advancing sustainable development.Namibia, he noted, is entering a transformative phase in its energy journey, one that offers the promise of opportunity, justice, and shared progress.In his meeting with the Deputy Minister of Industry, Mines and Energy, Gaudentia Krohne, Hamel extended an invitation for Namibia to join the GECF.He noted that membership would provide access to a wealth of expertise from countries with similar experiences, create new avenues for collaboration, and support Namibia in shaping and realising its long-term energy ambitions.The 3rd Namibia Oil and Gas Conference was held under the theme ‘From Exploration to Action: Positioning Namibia as the Next Energy Frontier’.The event was chaired by Dr Ndemupelila Netumbo Nandi-Ndaitwah, President of Namibia, alongside Deputy Prime Minister Natangwe Ithete, also the Minister of Industry, Mines and Energy.

GCC chemical producers are investing heavily in environmental technologies with an estimated $486mn environmental investments up to 2027, according to Gulf Petrochemicals and Chemicals Association (GPCA).In terms of environmental progress, the GCC chemical industry achieved an 11.7% reduction in CO2 intensity, a 2% decrease in greenhouse gas (GHG) emissions, and an 87.9% reduction in wastewater discharge over the past decade, GPCA said in a report.The regional industry’s high capacity utilisation at 93%, surpassed global peers (75-81%), reflecting operational efficiency.The region has a $6.5bn R&D investment pipeline until 2028, though R&D intensity (0.5%) remains below the global average (0.8%).The GCC chemical industry accounted for 6% of global petrochemical production capacity, with 74% of its output directed to international markets.The chemical industry contributed 33% to total GCC manufacturing GDP and 4% to total GCC GDP, serving as a key economic driver in the region.While export volumes fell by 9.3% and export values dropped by 27.7%, the region maintained a competitive advantage with an 8.3% cost reduction in ethylene production and Saudi Arabia ranking 9th globally in chemical revenue.Total employment grew by 18.8%, with a 94% retention rate, while progress in diversity and inclusion continued across the region with a 4.1 % women’s participation rate, GPCA noted.According to GPCA, global events have reinforced the need for the GCC petrochemical industry to remain agile and proactive.Whether it be navigating geopolitical risks, capitalising on supply gaps left by European closures, or adapting to China’s growing influence, the sector continues to innovate, diversify and strengthen its trade relationships to thrive in an ever changing global environment.The GCC petrochemical industry stands at the cusp of a pivotal inflection point, where operational resilience meets transformative challenges.The sector’s performance demonstrates its fundamental strength, maintaining a 93% capacity utilisation rate against global averages of 75-81%, while contributing 33% to regional manufacturing GDP in 2023.Looking ahead, GPCA noted the GCC chemical sector will strengthen its position in global chemical value chains by expanding beyond its traditional advantages.The next phase will be characterised by an increased focus on sustainable solutions, speciality chemicals, and high-value products, enabled by digital technologies, advanced recycling capabilities, and low-carbon production processes.Trade patterns will also shift as new agreements with Asian economies mature and European markets undergo restructuring.For industry leaders, this transformation demands careful orchestration of investments, capabilities, and partnerships to balance short-term operational excellence with long-term strategic imperatives.“The choices made in the next few years will determine the industry’s position in an increasingly complex and sustainable global chemical market,” GPCA noted.

Qatar is doubling down on gas production to secure its future, fDi Intelligence said and noted the country’s economic growth is to be sustained by natural gas, unlike other GCC countries.“Rising global trade tensions and a darkening geopolitical landscape have done little to disrupt Qatar’s steady, if subdued, economic trajectory.“But that subdued pace may soon give way, as the country enters the post-2022 FIFA World Cup era by doubling down on its natural gas riches to secure its future,” fDi Intelligence said in a recent report prepared by James King.In contrast to its regional fossil fuel-exporting peers, Qatar is leaning into its energy advantage, which includes the world’s third-largest reserves of natural gas, to underwrite the long-term health of its public finances and economic security.In particular, the authorities aim to nearly double total liquefied natural gas production over the next five years, a move that will sustain hydrocarbons’ significant role in the broader economy, while boosting growth over the medium to long term.According to data from S&P Global Ratings, the hydrocarbon sector accounts for about 37% of nominal GDP in Qatar, which is higher than both the UAE at 25% and Saudi Arabia at 30%.While Qatar’s bet on LNG promises strong growth in the coming years, it is having little impact on the country’s immediate outlook. For now, the domestic economy remains in a holding pattern.The completion of World Cup–related infrastructure projects, combined with reduced government spending and stagnant LNG output, has slowed economic momentum in recent years, with GDP growth hovering in the low single digits since 2023.The World Bank expects the economy to grow by 2.4% this year, supported in part by a steady non-hydrocarbon sector performance, which is forecast to outpace the broader economy at 3.3%.fDi Intelligence noted that the World Bank expects a sharp economic upturn beginning in 2026, driven by rising hydrocarbon revenues, with GDP growth forecast to reach 5.4%, followed by 7.6% in 2027.“This acceleration will be underpinned by a major increase in LNG production, set to rise from 77mn to 142mn tonnes per year, supported by massive investment in the North Field, the world’s largest natural gas deposit.“As a result, the government aims to raise Qatar’s share of the global LNG market from around 20% to nearly 25%, according to research from Rice University’s Baker Institute,” fDi Intelligence pointed out.Additional volumes are expected to start coming online from late 2025, with capacity scaling up incrementally through the end of the decade.Amid global trade tensions, Qatar's bet on LNG appears largely insulated from rising tariff risks, thanks to US exemptions on fossil fuel imports and the fact that most of its LNG is exported to Asia.“Yet Qatar’s strategy, which assumes sustained LNG demand over the coming decades, is not without risks.For one, the looming possibility of a near-term global oversupply threatens to bring down prices. The International Energy Agency expects a “surplus of supply over demand until 2040”.But Jim Krane, Diana Tamari Sabbagh fellow for energy studies at Rice University, says Qatar is well placed to endure this kind of problem.“The forecast glut of LNG will likely materialise, but it won’t last forever,” he says. “Eventually the market should work out in the Qatar's favour, given the massive and super low-cost reserves they enjoy, and its central location between major markets.”Other challenges also loom for Qatar’s long-term LNG ambitions, particularly as the world accelerates towards a low-carbon future, fDi Intelligence noted.Doha is seeking to stay ahead of evolving attitudes and regulations towards hydrocarbons, including so-called transition fuels like natural gas, by positioning itself as a low-carbon producer.State energy giant QatarEnergy aims to reduce the carbon intensity of its upstream LNG operations by 25% by 2035, and those of its LNG facilities by 35% over the same period, by boosting CCUS capacity targets, among other changes, fDi Intelligence pointed out.

Qatar Airways and Accenture have joined forces to revolutionise the aviation industry through artificial intelligence (AI) technologies. This strategic partnership aims to elevate customer experience, optimise operational efficiency, and enhance overall airline group performance.As part of this partnership, Qatar Airways and Accenture has established ‘AI Skyways’ to further position the airline as a “leader in aviation AI and advance technology” in the region and beyond.AI Skyways will lay the foundation to deliver value-led AI initiatives across the Qatar Airways Group through its responsible AI practices, data and platform offerings, and value realisation office that will quantify and maximise the value of AI initiatives. These will accelerate the implementation of AI solutions across a variety of aviation use cases including optimising flight schedules, enhancing predictive maintenance, and personalising customer interactions, allowing Qatar Airways to focus on delivering exceptional travel experiences.In addition, this will allow Qatar Airways to explore future trends and applications of AI in the aviation industry, to ensure sustained growth and adaptation, thereby strengthening its resilience to changing market demands.Qatar Airways’ Group Chief Executive Officer, Badr Mohammed al-Meer, said: "This partnership with Accenture to establish AI Skyways represents a significant milestone in our journey to become leaders in AI-driven aviation. AI Skyways will leverage AI to reimagine a spectrum of operations across Qatar Airways Group - from customer service to operations, to ensure that passengers enjoy a seamless and enriching travel experience.“Furthermore, the partnership will focus on using AI for real-time data analysis to improve decision-making capabilities and operational responses.”This initiative plays a pivotal role in enabling Qatar Airways’ continuous journey to become a ‘Digital-First’ organisation, leveraging AI and other advanced technologies to optimise processes and decision-making capabilities.Accenture Chair and Chief Executive Officer Julie Sweet said: "Together, Qatar Airways and Accenture are applying innovative technologies and new ways of working to create new value for the airline and its customers.“Our AI Skyways partnership is a key engine of this ambition, embedding and scaling AI to create outstanding travel experiences for passengers and deliver greater value to the airline group."Qatar Airways is working relentlessly to design cutting-edge AI-driven solutions that can be replicable across other future initiatives. The airline's commitment to responsible AI deployment will include rigorous ethical guidelines, data privacy measures, and continuous monitoring to ensure that the technology benefits all stakeholders.

Beyond the TarmacFor air cargo, most obviously e-commerce brings growth. It currently averages about 20% of cargo business industry-wide but is expected to grow to at least a third of all cargo shipments.By 2027, e-commerce is expected to be an $8tn market segment, according to the International Air Transport Association (IATA).Moreover, that growth remains stable. Unlike many other trade flows, there is no seasonality but rather a constant, developing demand year-round, according to the global body of airlines.E-commerce has also seen to have a direct impact on other areas on air cargo.First, it is opening up secondary airports because speed of shipment is so important. That, in turn, is generating new business at these airports and supporting the evolution of trade flows.Second, e-commerce is clearly driving innovation in the business. The flow of information is vital in e-commerce, making system integration essential. This brings transparency to the sector, another key component.It is also a factor in ‘ONE Record’ adoption and in driving new solutions in last-mile delivery.ONE Record is an IATA standard for data sharing and creates a single record view of the shipment.It is an end-to-end digital logistics and transport supply chain where data is easily and transparently exchanged in a digital ecosystem of air cargo stakeholders, communities and data platforms.The e-freight programme has set the foundation for the digitalisation of the Air Cargo industry and the electronic Air Waybill (e-AWB) is now used for more than two out of three shipments.Introduced by IATA (International Air Transport Association), the eAWB enables freight forwarders and airlines to manage air cargo documentation electronically, eliminating the need for physical paperwork.Third, e-commerce is strengthening collaboration. Most e-commerce shipments still use freight forwarders or agents, and their experience is vital in a sector that has many fledgling enterprises. Working together is bringing new insights and new solutions that is supporting digital transformation efforts.Industry analysts say that trade wars could bring a temporary volatility to the e-commerce business, but it was pointed out that e-commerce was a global phenomenon and regionally complex. Moreover, the long-term trend of consumers ordering online and expecting delivery within days would not go away.E-commerce was therefore seen by analysts as a structural change in the industry and not simply a new revenue stream.Air cargo embraces sustainability initiatives that range from fleet modernisation to sustainable aviation fuels, electric vehicles and green infrastructure. Reduced packaging is also a vital issue going forward.Undoubtedly, e-commerce has become one of the biggest structural drivers of air cargo growth in recent years, and its influence is only getting stronger.One estimate places the total global air freight market at $319.4bn in 2024.Globally, airlines are collaborating directly with online retailers and logistics providers, moving beyond traditional freight forwarder relationships.Air cargo is increasingly carrying smaller, high-value packages rather than just large industrial shipments.Cross-border e-commerce sales are growing at double-digit rates, fuelled by various global platforms. Consumers now expect rapid delivery for international orders, which often requires air freight rather than slower ocean transport.Unlike some cargo categories that are seasonal, e-commerce drives more consistent demand throughout the year, with peaks during events like Singles’ Day, Black Friday, and Christmas.E-commerce is reshaping the air cargo sector into a more time-critical, high-frequency, and technology-driven business. It is not only adding to overall cargo volumes but also changing the very nature of how airlines, airports, and logistics providers operate.Clearly, the winners will be those who can combine speed, reliability, and digital integration to serve this fast-growing market.

Qatar loaded 25 more LNG cargoes between January and June this year compared to the same period in 2024, according to GECF data.Between January and June, the US loaded 102 more cargoes than in the same period in 2024, Gas Exporting Countries Forum said in its recent monthly report.Congo, Angola and the US recorded the largest percentage increases during this period.In June 2025, there were 504 LNG cargoes exported globally, which was eight fewer compared to one year ago, as well as a decrease of 3% m-o-m.During the first half of the year, some 3,190 cargoes were exported, which was 13 more than during the same period in 2024.GECF countries accounted for 46% of shipments (so far) in 2025, led by Qatar, Malaysia and Russia, the report said.The LNG shipping market continues to be “depressed”, although charter rates have been on the “rise” in recent months.In June, the monthly average spot charter rate for steam turbine LNG carriers globally increased by 210% m-o-m to reach $3,100 per day.However, this average charter rate was still 90% less than one year ago, as well as $31,700 per day lower than the five-year average price for the month.Notably, spot charter rate assessments for steam turbine LNG carriers in the Atlantic Basin regained momentum during the month, after recording assessments of $0 per day since February 2025.Charter rates for the other segments of the LNG carrier fleet also recorded increases during the month. The average spot charter rate for TFDE vessels reached $17,700 per day, which was an increase of 34% m-o-m, but still 61% lower y-o-y. The average spot charter rate for two-stroke vessels rose by 21% m-o-m to $32,200 per day, which was 47% lower than one year ago.For the first half of June, the charter market remained at similar levels to the end of the previous month.However, the escalation of tensions in the Middle East, particularly the perceived threat of closure of the Strait of Hormuz, was a key contributor to the jump in charter rates thereafter.This was reinforced by tightening vessel availability in the Atlantic Basin, due to demand for storage injections in Europe, as well as Egypt increasing the number of LNG cargo imports while purchasing these shipments earlier than expected.The average price of shipping fuels in June increased by 8% m-o-m, to reach an estimated $520 per tonne, GECF said.However, this average price was 9% lower than one year ago, and 10% less than the five-year average price for this month.Compared to the previous month, in June, the upticks in the average LNG carrier spot charter rate and in the cost of shipping fuels were also supported by an increase in the delivered spot LNG prices.As a consequence, there was an increase in the LNG spot shipping costs for steam turbine carriers, by up to $0.16/MMBtu on certain routes.Compared to one year ago, in June 2025, the monthly average spot charter rate and cost of shipping fuels were both lower, while the delivered spot LNG prices were higher.As a result, LNG shipping costs were up to $0.54/MMBtu lower than in June 2024, GECF noted.

Qatar’s fiscal balance may reach 1.8% of country’s GDP this year, according to Oxford Economics.In its latest estimate, the researcher noted that Qatar’s fiscal balance (as a percentage of country’s GDP) may reach 5.4% in 2026.Oxford Economics believes that with positive fiscal balance, Qatar will generate a surplus this year and in 2026.The country’s current account (as a percentage of country’s GDP) may reach 17.5% this year and 18.3% in 2026, Oxford Economics said.Qatar’s real GDP growth has been estimated at 2.7% this year and 4.8% in 2026. Inflation will be a negligible 0.4% this year and 2.8% in 2026, Oxford Economics said.According to Oxford Economics, oil prices dipped to around $67 per barrel (last week) after Opec+ announced a 548,000 bpd output increase for September, fully unwinding its 2.2mn bpd production cuts.“While the 2026 outlook remains uncertain amid supply risks and demand-inventory imbalances, this move creates space for GCC economies to boost capacity and support oil sector growth. We expect Brent crude to average around $70 per barrel this year, easing to $64 in 2026,” Oxford Economics noted.The report noted that July PMIs remained in expansion territory, but non-oil activity softened in Saudi Arabia, the UAE, and Qatar as regional tensions weighed on new orders. Egypt and Kuwait saw notable gains.Egypt’s five-month high was supported by rising employment and a slower output decline, while Kuwait's strong performance was led by a sharp rise in new orders.Oxford Economics expects solid non-oil growth in 2025: 4.8% for the UAE and 5% for Saudi Arabia.The moderation in output growth in July was largely due to a slowdown in new business activity, driven by heightened regional tensions that have made it more difficult to attract foreign clients. Still, cost pressures eased slightly in Qatar and Saudi Arabia, while employment rose notably – both pointing to continued resilience in the non-oil sector.In Egypt, the PMI rose to 49.5, its highest since February, reflecting improved sentiment and ongoing structural reforms. Kuwait, diverging from regional peers, saw a sharp increase in new orders supported by greater price competitiveness.“Looking ahead, we expect robust non-oil activity in 2025, with GCC growth projected at 4%, supported by ongoing diversification efforts,” Oxford Economics said.