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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.

Total domestic credit issued by local banks reached QR1.33tn in June, up 5.2% on the same period last year, according to the Qatar Central Bank.An increase in total domestic credit for banks generally means that the banks are lending more money to businesses, individuals, and the government sector within Qatar.“Higher demand for credit signifies a positive outlook on the Qatari economy and rising consumer confidence,” according to an analyst.“Increased lending often signifies that businesses and individuals are borrowing to invest in projects, expansion, or consumption, which can stimulate economic growth. It also indicates that consumers and businesses are confident about the future, hence willing to take on more debt,” he noted.Bank credit has become attractive for both businesses and individuals with rates remaining stable and expected to fall further this year.In its latest banking sector indicators, the QCB noted that total domestic deposit increased by 1.9% (on the same period in 2024) to reach QR850.5bn in June.Higher level of deposits obviously strengthens the banking sector, as banks have more reserves to cover withdrawals and invest in opportunities.With more deposits, banks have more money to lend, which automatically boosts economic activities such as business expansion, consumer spending, and infrastructure projects.“More deposits indicate public confidence in the financial system, which is essential for the smooth functioning of the economy,” the analyst said.QCB data reveal broad money supply (M2) increased by 1.1% to QR740.3bn in June. This represents an increase of 1.1% on the same period last year.M2 includes cash, checking deposits, and easily convertible near money like savings deposits, money market securities, and other time deposits.An increased money supply has seen stimulating economic activity by making more funds available for businesses and consumers to borrow and spend, which then boosts overall economic growth.With more money in circulation, there may be more investment in various sectors, leading to potential economic expansion and development.Total assets of commercial banks in the country increased by 6.3% year-on-year to reach QR2.13tn in June, the QCB said.Higher assets indicate that banks are growing and managing more resources, which enhance their stability and reliability.More assets allow banks to extend more loans to businesses and consumers, fuelling economic growth through investments and consumption, analysts say.It clearly suggests that both domestic and foreign investors have confidence in Qatar’s financial system, leading to increased capital inflows.

Total domestic credit issued by local banks reached QR1.33tn in June, up 5.2% on the same period last year, according to the Qatar Central Bank.An increase in total domestic credit for banks generally means that the banks are lending more money to businesses, individuals, and the government sector within Qatar.“Higher demand for credit signifies a positive outlook on the Qatari economy and rising consumer confidence,” according to an analyst.“Increased lending often signifies that businesses and individuals are borrowing to invest in projects, expansion, or consumption, which can stimulate economic growth. It also indicates that consumers and businesses are confident about the future, hence willing to take on more debt,” he noted.Bank credit has become attractive for both businesses and individuals with rates remaining stable and expected to fall further this year.In its latest banking sector indicators, the QCB noted that total domestic deposit increased by 1.9% (on the same period in 2024) to reach QR850.5bn in June.Higher level of deposits obviously strengthens the banking sector, as banks have more reserves to cover withdrawals and invest in opportunities.With more deposits, banks have more money to lend, which automatically boosts economic activities such as business expansion, consumer spending, and infrastructure projects.“More deposits indicate public confidence in the financial system, which is essential for the smooth functioning of the economy,” the analyst said.QCB data reveal broad money supply (M2) increased by 1.1% to QR740.3bn in June. This represents an increase of 1.1% on the same period last year.M2 includes cash, checking deposits, and easily convertible near money like savings deposits, money market securities, and other time deposits.An increased money supply has seen stimulating economic activity by making more funds available for businesses and consumers to borrow and spend, which then boosts overall economic growth.With more money in circulation, there may be more investment in various sectors, leading to potential economic expansion and development.Total assets of commercial banks in the country increased by 6.3% year-on-year to reach QR2.13tn in June, the QCB said.Higher assets indicate that banks are growing and managing more resources, which enhance their stability and reliability.More assets allow banks to extend more loans to businesses and consumers, fuelling economic growth through investments and consumption, analysts say.It clearly suggests that both domestic and foreign investors have confidence in Qatar’s financial system, leading to increased capital inflows.

Africa holds immense untapped potential in aviation — in both passenger and cargo markets — but realising this opportunity requires tackling a combination of infrastructure, policy, skills, and market challenges.Industry experts highlight that many African airports suffer from congestion, outdated facilities, and limited capacity.Upgrading runways, terminals, air traffic control systems, and cargo handling facilities will be essential to improving efficiency and safety, they say.Top aircraft manufacturers Boeing and Airbus project that Africa’s air traffic could more than double in the next 20 years — but only if systematic barriers are tackled.In 2018, an initiative was launched in Africa to liberalise air services in the continent.Dubbed Single African Air Transport Market (SAATM), the initiative focused on prioritising air transport for the economic benefit of the entire continent.Unfortunately, many African countries haven’t either committed or are slow to enforce SAATM.Easier travel between African states would have significantly boosted tourism, business travel, and intra-African trade.Recently, the global body of airlines - IATA urged African governments to prioritise aviation as a catalyst for economic growth, job creation, connectivity, and social development.The airlines body said each state on the continent can do this by enhancing safety, reducing the cost burden, and resolving the issue of blocked airline funds.“Africa’s aviation sector is a vital economic driver, contributing $75bn to GDP and supporting 8.1mn jobs,” noted Somas Appavou, IATA’s Regional Director External Affairs, Africa.“The continent’s aviation market is projected to grow at 4.1% over the next 20 years, doubling by 2044. More important than the growth of the sector is the impact that a successful aviation industry has on social and economic development.As governments prioritise how to deliver their agendas with limited resources it is critical to recognise that supporting aviation underpins jobs, trade, and tourism.”IATA outlined three key priorities for African governments, such as improving safety, reducing taxes and charges on air travel, and ensuring airlines are able to repatriate revenues from the African market.Although aviation safety has improved in the region, the continent’s safety rate lags the global average in its implementation of ICAO Standards and Recommended Practices (SARPS).Also, taxes on air transport in Africa are 15% higher than the global average, while $1bn of carrier revenues are being blocked from repatriation by some 26 different African governments, according to IATA data published during association’s AGM in New Delhi in June this year.Airlines facing blocked funds often reduce flight frequencies or suspend routes.“These challenges are not new but solving them is urgent—that’s why IATA launched the Focus Africa initiative in 2023, working hand-in-hand with governments, industry, and development partners to deliver real improvements in safety, affordability, and connectivity,” Appavou pointed out.“Aviation is not a luxury. It is an economic and social lifeline. Focus Africa is about turning potential into jobs, growth and prosperity.”Mandatory reporting of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will begin in 2027—as of 2025, 129 countries are participating in CORSIA, including 20 African states.IATA has called on African governments to ensure the success of CORSIA as the only globally agreed, market-based mechanism to address CO2 emissions from international aviation.Africa’s ticket prices are inflated by multiple levies on airlines and passengers. For example, jet fuel costs in many African airports are often far higher than the global average.Analysts project Africa will need tens of thousands of new pilots over the next 20 years, but training capacity is limited. They recommend establishing technical colleges and aviation academies to meet the growing demand for aviation professionals in the continent.If Africa can modernise infrastructure, open its skies, harmonise rules, and train the workforce, the aviation sector could indeed become a growth engine — supporting tourism, trade, and integration across the continent.

In the strongest quarterly performance since Q3, 2020, Qatar’s real estate sector recorded transactions worth QR8.9bn in the second quarter of this year, up 29.8% compared to the same period in 2024.This was revealed by Qatar’s Real Estate Regulatory Authority (Aqarat) in the first edition of its ‘Real Estate Bulletin’.The bulletin monitors developments in the country’s real estate sector and highlights trends in real estate transactions, shifts in the rental market, and the geographical distribution of demand.Real estate transactions also saw a significant rise during the mentioned period, reaching 1,915 transactions across various categories, marking a 44% increase compared to the second quarter of 2024. This represents the strongest quarterly performance since the third quarter of 2020.Doha Municipality accounted for the “largest share” of transaction volume, with sales totalling around QR4.8bn, followed by Al Rayyan Municipality with QR1.9bn.According to Aqarat, residential transactions accounted for approximately 44% of the total number of real estate transactions during the period.The Pearl topped the list of “most sought-after” areas, recording some 266 transactions, followed by Lusail with 125 transactions — driven by their strategic locations, quality projects, and growing appeal to both investors and residents alike.Doha recorded the highest percentage of sold units, accounting for around 39.2%, followed by Al Rayyan at 18.2%, and Al Daayen at 17.2%.The rental market was also active, with as many as 58,246 lease contracts registered during the first half of the year — the highest rate recorded for the first half in the past six years.This represents an increase of approximately 26% compared to the same period last year, which recorded 46,073 contracts, Aqarat noted.Al Wakrah Municipality witnessed the “highest demand” for rental contracts, especially in areas like Al Wukair, Al Mashaf, and Al Thumama, which together recorded 5,337 contracts, due to their popularity among tenants for offering reasonably priced housing options.The second-quarter data affirms the strong trajectory of real estate sector in the country, driven by a notable rise in transaction volumes and renewed momentum in lease registrations, especially in mid-income and high-demand areas.Established investment hubs such as The Pearl and Lusail continue to attract investors, while emerging areas like Al Wakrah are becoming key pillars for expanding the market base and enhancing its diversity.Aqarat noted, “The sector is expected to continue benefiting from the accelerating pace of digital transformation, improved regulatory transparency, and strategic investment in infrastructure in line with Qatar National Vision 2030.“Barring any major external disruptions, these strategic pillars position the market for sustainable growth, expanded investment participation, and strengthening Qatar’s position as a leading real estate investment destination in the region.”